Parkside Warehouse in Mordialloc Sells at Auction

The Melbourne metropolitan industrial sector continues to be the star performer.

GrayJohnson has recently sold at auction 48 Crown Avenue, Mordialloc ($175,000 above the vendor’s reserve).

Sale Statistics:

Building area: 200 sqm

Price: $825,000

Rate PSM: $4,125 PSM

Comments: Sold with vacant possession

There continues to be strong competition from owner-occupiers requiring industrial buildings of 200 – 5,000 sqm approx. The geographic areas in demand are the inner north, eastern suburbs and the inner and outer bayside suburbs.

For more details contact Rory White 0439 655 504.

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