April 04, 2016

BEACONSFIELD DEVELOPMENT SITE SOLD

114 – 120 Old Princes Hwy, Beaconsfield

With dual frontages to Princes Hwy and Beaconsfield Ave, this site of 4,578m2 was sure to attract interest from both owner occupiers and developers.

The Auction attracted a modest yet very genuine crowd of around 20 people.    Auctioneer Matt Nichols took 6 bids from two parties.  Whilst the property was passed in, it sold quickly afterwards for $2,455,000.

The appetite for commercial development sites with a residential twist is continuing to be very popular. Whether we are marketing in the Growth regions such as Beaconsfield or the Bayside retail shopping strips, the interest from developers remains very strong.

 

NICHOLS CROWDER
358 South Road, MOORABBIN VIC 3189
9559 3888

Matt Nichols
Managing Director
0418 186 488

Julian Vautin
Sales & Leasing Executive
0420 406 660

James Glen
Senior Sales Executive
0401 493 277