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SOLD AT AUCTION FOR $1.25 MILLION OVER RESERVE!

Crabtrees have sold 5 Buckland Street, Clayton at Auction under the hammer for $4 million being an amazing $1.25 million over reserve!

With a crowd of close to 100 people, bidding quickly passed the reserve and rocketed up to what must be regarded as a record price per sqm value for this location.

Crabtrees director Gavin Dumas commented that "with the tightest market we have seen in over 20 years, competition can be fierce between owner occupiers for quality well located assets."

The office warehouse facility of 1,636m² on a large site of 3,889m² with drive through truck access was purchased by a transport company looking for a new depot.

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