Strong Finish to 2021

Saturday, January 15th, 2022

 

During the month of December 2021 the following transactions were finalised:

 

1343 Burke Road, Kew – sold to a value-add investor in the low $900,000.

 

138 Burgundy Street, Heidelberg – sold for $4,700,000. $900,000 above the reserve. Sold on a tight yield of 2.7%.

 

22-24 Brunsdon Street, Bayswater – substantial landholding of 3,894 sqm approx. Sold to a local developer via EOI for in excess of $3,200,000.

 

94A Bulla Road, Bulla – GrayJohnson acted for Telstra to sell a large landholding of 2,435 sqm approx. Price: undisclosed.

 

Unit 1/2 Frankston Gardens Drive, Carrum Downs – main road showroom with short term income. Sold at auction in the low $900,000’s at auction.

 

For more information on these transactions, please contact Rory White, Brett Simpson or Matt Hoath