A Chinese investor has paid $4.8 million on a 6 percent yield for a fully leased dental clinic at Moorabbin.

More attractive yields and a lack of CBD properties for sale are driving strong investment sales across Australia’s leading CBD fringe office markets.

A tenanted investment on the doorstep of the Brisbane CBD at 164 Wharf Street in Spring Hill, has changed hands for $2,750,000.

Sydney’s Upper North Shore continues to go from strength to strength, asrecent changes in town planning due to significant growth over the past decade see an increased level of high density mixed use developments, most notably in Hornsby.

Completed in November 2015, the 85 Camberwell Road property comprises 18 serviced and fully-furnished apartments of one, two and three bedrooms.