Prahran warehouse conversion sells
Jonathan ChancellorDecember 7, 2020
A warehouse conversion located close to Chapel Street at 51 James Street, Prahran sold post-auction for $2.1 million.
Biggin & Scott auctioneer Tom McCarthy began proceedings by reminding all of the limited choice of warehouse conversions in the location.
The opening bid of $1,800,000 was taken up to $2 million with three bidders.
The property was bought after the auction from David Miller who paid $910,000 in 2006.
There was potential for a roof garden.
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.