Site area approx. 1,249 sqm improved by 2 storey walk up older style building comprising of 24 flatettes and 3 commercial suites as well as another free standing retail/commercial building with ample on-site parking for approx. 3 cars. GAR at the time was approx. $225,000.00.
The property had been previously marketed by various agents For Sale and Auction however a successful outcome was never achieved as everybody was focusing on development.
We saw an opportunity to present the property to an investor who could add value to the property and improve returns. The property was sold to a private investor and we have also been retained to manage the property
| Sales Analysis* | |
| Method of Sale: | Private Treaty |
| Marketing Time Frame: | Off Market |
| Marketing Budget: | N/A |
| Sale Date: | 9/12/2013 |
| Sale Price: | $4,000,000 |
*approx
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