Under instructions from the Boating Industry Association of Victoria, Gross Waddell ICR sold at auction on Wednesday 3rd November 2021, 24 – 30 York Street, South Melbourne for $4.1 million representing a land rate of $11,295 per sqm*.
The property was offered with a permit for a 6-level office development but was purchased by an owner occupier.
This campaign which was listed the on the 4th of August was postponed twice due to extensions of lockdowns. The BIA who currently occupy the 2-level building, really wanted an onsite auction so 3 months later they got their wish.
There were 111 enquiries received during the campaign with strong bidding at the auction from both developers and owner occupiers.
Gross Waddell ICR Agents:
