329 Glenhuntly Road, Elsternwick
An iconic two-storey building on the corner of 329 Glenhuntly Road and St Georges Road sold at auction for $2.735 million to an investor. Offered for the first time in over 40 years, the two-storey building included a large ground floor retail shop, and a first floor 3-bedroom apartment.
Over 150 bids were taken from three bidders in front of a crowd of 50people. Marketed by Sally-Anne McQuillian of Nichols Crowder said, “The investor market is strong in this area, particularly for quality properties in prominent locations.”