Industrial Richmond townhouse tops Melbourne's weekend auction results
The 24 Rose Street offering fetched $2,256,000
Jonathan ChancellorApril 17, 2021
An industrial Richmond townhouse topped Melbourne's weekend auction results when the 24 Rose Street offering fetched $2,256,000.
It was architecturally designed by Bates Smart McCutcheon in 1990.
The north facing sophisticated town residence is spread across three levels on a 203 sqm holding.
It has three bedrooms plus study.
Jellis Craig had issued a $1.9 million to $2.09 million price guide.
It last sold in 1993 at $335,000.
The last sale in the complex was when 20 Rose Street fetched $910,000 in 2006.
Melbourne saw a 67 percent success rate for apartments and townhouses while houses sat at 82 percent, according to CoreLogic.
The national figure was 71 percent for apartments and 83 percent for houses across all the capital cities.
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.