Historic Hawthorn auction building set to go under the hammer next month

Historic Hawthorn auction building set to go under the hammer next month
Katherine JimenezDecember 7, 2020

One of Hawthorn's oldest buildings - which has been home to Young’s Auctions since 1930 - will go under the auctioneer's hammer next month.

The single storey retail building, at 229 Camberwell Road in Hawthorn East, has been used for the past 80 years as an auction house.

Colliers International’s Jeremy Gruzewski and Ted Dwyer have been appointed to sell the building by auction on March 20.

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Gruzewski said: "Young’s Auctions has been operating here since 1930, but the property itself has been an auction home since 1910."  

The business is run by David and Ian Young, the third generation of the Young family.

"This sale doesn’t signal the end for Young’s Auctions, rather, the business is looking to relocate to bigger premises with easier access for deliveries," said Gruzewski.

The 415 square metre building is situated on a 442 square metre site near the corner of Camberwell, Burke and Riversdale Roads in Hawthorn East – an area better known as Camberwell Junction.

The property is being offered for sale with a leaseback until June 2015 at $140,000.

 news@propertyobserver.com.au

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