Owner occupier bags Malvern strata office

Owner occupier bags Malvern strata office
Staff reporterSeptember 23, 2018

An owner occupier has paid $445,000 for a strata office property at Malvern East in Melbourne’s inner east.

The 2004 Malvern Road auction secured $5300 a sqm.

The auction drew several bidders from a crowd of predominantly local owner-occupiers and investors.

The property comprises a fully self-contained, 85 sqm, strata office/retail premises with rear access via a right of way to two secure on-site car spaces and access to ample street parking. 

It was listed for rent as recently as May last year.

The vendor was a local private investor.

Editor's Picks

First look: Parkside downsizer apartments pitched on Bellevue Park
Architecture meets unmatched lifestyle at La Mer Main Beach
Belconnen's final stages of Linq masterplan revealed
Frasers Property to target Brisbane’s luxury market with apartments and terraces in Newstead
Why we rebranded Urban to Apartments.com.au