Stand-alone building at heart of Nunawading sold at auction

CVA has sold a Nunawading building to an owner-occupier in the construction maintenance industry.

They intends to renovate and utilise the premises as a head office.

The property was sold after 60 enquiries were received, with seven offers eventually leading to the successful sale in the vicinity of $4 million.

The sale also occurred just prior to another sale in the street, 17 Moncrief Road, which sold via public auction for $2.3 million.

Situated on a 2,241 square metre site, the property comprises a total floor area of 1,870 square metres. 

It is surrounded by major retailers including Office Works, Freedom Furniture, Bunnings Warehouse, and Petbarn.