Track Record

SOLD AT AUCTION: 16/22 George Street, Sandringham

November 26, 2021

RECORDS WERE MADE TO BE BROKEN

Nichols Crowder is thrilled to announce the sale of Unit 16 / 22 George Street, Sandringham to a local owner occupier.

It sold under the hammer for a record price of $660,000, which has shown a $ per square metre rate of $6,168.

The campaign was incredibly well received with over 50 parties enquiring, 15 requests for contracts and 10 parties inspecting the property.

With 3 active bidders and over 15 bids, the property was certainly well received by the market.

Selling agent James Glen said, “Small industrial in and around this area continues to be the market darling as we see an enormous amount of active buyers on the Nichols Crowder database wanting to buy now.”

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We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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