< Back to News Items
BIDDERS FIGHT IT OUT AT 11 BRICKER STREET
Crabtrees Real Estate have sold 11 Bricker Street, Cheltenham in a highly competitive Auction.
More than thirty prospective bidders walked through the 534sqm factory/warehouse, but it came down to six bidders to fight it out, pushing the sale price $100,000 above the reserve, with the hammer coming down at $750,000.
“Today was a great result for both parties. When you are presented with an office/warehouse totalling 534sqm with a freehold title, that is located in a prime industrial precinct such as Cheltenham, you know it will be a win win result.” says Gavin Dumas, Crabtrees Real Estate Director.
The owner occupier that purchased the site will use the property for private storage purposes.
read next article