Crabtrees Real Estate Director Chris McKenzie and Executive Pana Kritikos have sold four factories totalling 488 sqm on one title in Oakleigh South for $1.385 million to a local developer.

8 Margaret Street sits on 908 sqm of Industrial 1 zoned freehold land with an approximate 19.3 street frontage within a tightly held industrial precinct representing a great opportunity to occupy, refurbish, invest or develop.

“Industrial sites like 8 Margaret are very hard to come by and this property drew over 60 enquiries with 5 bidders competing hard on auction day.”

“Selling on an impressive land rate of $1,525psm, this result shows the continued strong demand from both owner occupiers and developers.” commented Pana Kritikos.

For further information please contact exclusive selling agents:
Chris McKenzie on 0418 321 065
Pana Kritikos on 0418 358 700

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