SOLD UNDER THE HAMMER
16-18 Bay Road, Sandringham
On a glorious autumn afternoon in the beautiful beachside suburb of Sandringham, approximately 80 people attended the auction of two prime adjoining shops at 16-18 Bay Road. After a strong opening bid of $2.5 million, several groups quickly bid the property up to its winning price of $3.664 million through a total of 96 bids.
Set on land of 382sqm, the combined shops totalled 190sqm. While one was currently leased to a...