Owner occupier bags Malvern strata office

Owner occupier bags Malvern strata office
Staff reporterSeptember 23, 2018

An owner occupier has paid $445,000 for a strata office property at Malvern East in Melbourne’s inner east.

The 2004 Malvern Road auction secured $5300 a sqm.

The auction drew several bidders from a crowd of predominantly local owner-occupiers and investors.

The property comprises a fully self-contained, 85 sqm, strata office/retail premises with rear access via a right of way to two secure on-site car spaces and access to ample street parking. 

It was listed for rent as recently as May last year.

The vendor was a local private investor.

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