Investors put off by the tightening yields on strata shops in Melbourne's CBD are looking upwards to strata offices. The individual offices sometimes covering whole floors of a city building have become highly sought after, especially among owner occupiers taking advantage of low interest rates to buy a piece of the city. Colliers International research shows sales of strata offices totalled $35 million in 2015 with an average 367-square-metre office fetching an average price of $1.95 million. A Chinese investor...
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