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Commercial property snapped up by small investors
Released 29 July 2010

Small property investors are reentering the commercial market, accounting for $23 million worth of sales at one auction in June.

CB Richard Ellis selling agent Frank Oliveri say: "There are key areas such as Cabramatta, Campsie, Eastwood and those sorts of retail precincts that have better consumer demand and people are willing to spend higher prices for small yields."

Fast-food shops and small retail outlets such as convenience stores, chemists and newsagencies are proving popular amongst these property investors.