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This week a 100m2 office was sold in Collins St Melb for around 330k this is 3,300 per m2 in Collins St with car park(propably worth about 45k) Keep looking for value, @ 5500m2 the return has to be 385m2 pa for 7% return. where as Collins St is 231m2 pa. A lot more businesses can afford 231m2...

Dharris You may have already acted, bit late. Look carefully high rise office units, watch the out goings. Even though then tenant generally pays, if it is vacant you will have to. I have a rule -I don't like lifts( there are expensive to maintain). Compare the $M2 being offered with other...