Placed on the market for the first time in 50 years, Aston Commercial in conjunction with DBRE had the pleasure of selling a prime corner allotment. Located in St Kilda East, the retail investment property has been tenanted by 'Zanini Pizzeria' and 'New Inkerman Dry-Cleaners'.
With more than 25 onlookers wanting a slice of the action, the auction started at $1.5 million. As 4 bidders were hungry to secure the rare retail investment, the auction came to an end, passing in to the highest bidder for $1.75 million, before soon after selling for $1.8 million.
In the end the appetite was satisfied!