Claremont offices sold for $1.2m

Two strata offices in a new building soon to be completed on Stirling Highway in Claremont have been sold, in a deal worth $1.2 million, brokered by Burgess Rawson.

Sales director Brian Neo said the office suites were in the Freshwater Claremont project, developed by Aria Land and being built by Pindan.

He said the offices were sold to a local private investor, with the sale price equating to a $9.250 per square metre average.

“I expect to sell the remaining five out of 10 suites as the building nears completion,” Mr Neo said.

The $56 million project, which also includes 70 apartments across two buildings, is scheduled to be completed in July.

Aria Land was established in 2004 by Paul Simpson, who has spent 35 years in development and asset management, including 10 years in Hong Kong.