COMMERCIAL REAL ESTATE NEWS, TRENDS AND INSIGHTS
GREATER KNOWLEDGE LEADS TO SMARTER DECISIONS

26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

Rare St Kilda Office Freehold Sells After a Competitive EOI Process

By | 28/06/2022

89 Wellington Street, St Kilda SOLD

The strong owner-occupier market continues with excellent interest resulting in the sale of 89 Wellington Street St Kilda.

Comprising two levels of office and basement parking, the versatile building has been purchased by a group of local Architects to relocate from nearby Windsor.

Early interest from developers at a time when escalating building costs has caused great uncertainty, saw them drop off and open the way for a number of occupiers to compete and ultimately secure the building.

Click here or below to view additional information on the sale results for 89 Wellington Street, St Kilda.

Download Sales Results

If you would like further information about this sale, or would like assistance with selling your commercial property, please feel free to contact us.

Contact Us
Nick Breheny

Written by Nick Breheny 

"Nick commenced his career in the Eastern Suburbs and brings over 30 years’ experience in commercial property sales and leasing with an emphasis on development sites and investment property."

Let us help you take the first step towards growth & greater knowledge with GormanKelly

Contact Us

Subscribe To Our Market Updates