News & Insights

3 Shearson Crescent, Mentone

February 25, 2020

3 Shearson Crescent, Mentone

SOLD

SOLD – 

Classic brick warehouses with offices continue to be popular with investors and owner occupiers alike, according to David Garfield and Julian Vautin of Nichols Crowder.  This was shown with the recent private sale of 3 Shearson Crescent for $1.1 million.  Set on land of approximately 1,290sqm, the building of about 550sqm sold for $2,000 per sq m.  The sales campaign attracted 33 enquiries over the 4-week selling period.  The property, which included a rear yard of 300 sq m and a container management area, was purchased by a local owner occupier.

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