TWO commercial properties, one in Boronia (pictured above) and one in Bentleigh East (pictured below), have successfully sold pre-auction following active campaigns in Melbourne.
The tenanted retail site at 81 Boronia Road in Boronia sold for $285,000 and was marketed by Ray White Commercial Oakleigh Sales/Leasing and Operations Manager Ryan Amler.
The tenanted property at 19 Clarence Street in Bentleigh East sold for $270,000 and was marketed by Ray White Commercial Oakleigh Sales and Leasing Consultant George Kelepouris.
Mr Amler said he took the decision to convert the property from private treaty to auction, and it paid off, as the asset sold before going under the hammer.
“Our tactics worked as we had multiple enquiries on the property and it was eventually sold to a local investor who wanted to add to their self-managed super fund,” he said.
“The asset was an outstanding entry level investment opportunity which has been leased to a long-term and established laundromat for nearly 35 years.