Ground floor office building in Melbourne's Burwood East sold at auction

Ground floor office building in Melbourne's Burwood East sold at auction
Ground floor office building in Melbourne's Burwood East sold at auction

An office property in the Melbourne suburb of Burwood East has sold at auction for $502,000.

The 15 Royton Street building occupies 110 sqm with a total land area of about 186 sqm.

The ground floor retail/office space building is ready to occupy or has the potential to be developed subject to Council approval (STCA).

It was previously trading as a restaurant and has both rear and front parking.

The auction was through George Kelepouris and Paul Rizzo of Ray White Commercial.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Office Market Commercial Sale

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?