Warehouse smashes $4 million at Victorian auction
Two competing bidders have battled it out as a stand-alone office/warehouse sold under the hammer for $4.1 million on site…
Two competing bidders have battled it out as a stand-alone office/warehouse sold under the hammer for $4.1 million on site…
Opting to sell at auction results in big windfall for vendor.
Sale price of Highett property was $270,000 above reserve.
This much-loved tradition signifies peace and prosperity, particularly at Chinese New Year.
Sale price represents yield of 3 per cent, say agents
Within minutes of the hammer falling, the buyer had agreed to purchase the property next door
‘The purchaser is an investor who loved the flexibility of the two shops being available separate for future tenancies’
‘The deal shows the Monash industrial sector is going from strength to strength’
The owner of a neighbouring property was one of four parties bidding for the site
After being passed in at auction, the property was sold minutes later to the highest bidder