November 16, 2023 Eastern Suburbs, Factory, Industrial, Nunawading, Sales, Showroom, Sold, Warehouse

A Golden Opportunity

By Matt Hoath

Outstanding industrial freehold in Nunawading Golden Mile.

GrayJohnson is pleased to announce the successful sale of the former Charlie Battisti & Co auto repair site at 2-6 Moncrief Road, Nunawading. The property was presented to the open sale market via expressions of interest and we have since negotiated a sale price in the vicinity $14.0 million.

This was a complicated transaction involving multiple government department approvals. We achieved the above-market result because of our ability to reposition the asset, working closely with the purchaser.

We are currently experiencing strong and genuine demand from owner occupiers looking to purchase vacant industrial buildings of 500m² – 4000m².

If you would like more details of this transaction or for further advice on your own commercial property, please call Matt Hoath 0418 543 714 or Brett Simpson 0402 427 392.

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