NEWS

< Back to News Items

PRIME ICONIC OAKLEIGH SITE - SOLD

A crowd of approximately 60 people gathered to witness the sale of an iconic Oakleigh site, home of Kendall Furniture for over 50 years. 1390 Dandenong Road sold under the hammer by Crabtrees Real Estate for $3.805 Million.

Crabtrees Director Chris McKenzie and Senior Executive Rodney King handled the campaign and Chris explained “Multiple bidders fought out the Auction until it was knocked down for a healthy premium to the Vendors reserve”.

The highly functional showroom warehouse of 966sqm sits on a site of almost 1300sqm and is exposed to almost 80,000 cars daily making, premium landmark site with enormous potential.

“Being the first sale of this nature along this golden mile for approx 7 years, the campaign attracted incredible levels of enquiry and Crabtrees were delighted to handle the sale for our long term clients.” explained Chris.

For more information please contact Chris McKenzie on 0418 321 065 or Rodney King on 0422 839 870.