An owner occupier in the home decoration sector has paid $580,000 for a strata-titled office and warehouse facility at Mulgrave.
An owner occupier in the home decoration sector has paid $580,000 for a strata-titled office and warehouse facility at Mulgrave in Melbourne’s south-east in a deal brokered by Savills Associate Director Daniel Kelly.
Mr Kelly said the price at $1,812 a square metre was a benchmark result for this type of strata property.
Part of Enterprise Park, the 29 Glenvale Crescent property comprises a 320 square metre, single level, half office/half warehouse facility in excellent condition and with a corner location providing exposure and convenience.
Mr Kelly said Enterprise Park was a well maintained estate with unlimited parking and quality local amenity and with easy access via Springvale Road to the Monash Freeway or Eastlink.
“This is a great little building with an excellent fit-out, a roller door hidden away at the rear and plenty of on-site parking and well located to key arterials.
“It was an exceptional property well suited to any number of buyers and the price reflected that,” he said.
The vendor was Selpak Automotive which has moved to a larger facility in Clayton.
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