Crabtrees Real Estate Director Gavin Dumas and Executives Joe Monea and Pana Kritikos have sold at public auction a brick factory and office on a double fronted block in central Clayton for $2.7 Million.

53-55 Henderson Road comprises total building area of 423 sqm* on a total land area of 1,358 sqm* with Special Use 6 zoning making it ideal for future development use.

“The location of this facility along with the versatility of the zoning and the double fronted block piqued the interest of several local developers with almost 90 registered enquiries” commented Pana Kritikos.

“Auction day saw very competitive bidding with 4 on site bidders and 1 online bidder driving the sale price well above the opening bid of $2 Million.’

“In my 30 years in the south east market, I have never seen such strong demand and fierce competition at auction which is clearly being driven by stock shortages and low interest rates.” added Gavin Dumas.

For further information please contact exclusive selling agents:
Gavin Dumas on 0411 878 423
Joseph Monea on 0448 486 665
Pana Kritikos on 0418 358 700

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