Bidding Tug of War Pushes Prices Up at Union Rd Auction

By Nick Breheny November 26, 2018

159 Union Road, Surrey Hills_SOLD

Owner occupier outbids investor for prized Surrey Hills Freehold.

GormanKelly sold 159 Union Rd Surrey Hills under the hammer with in excess of 50 bids recorded from bidders looking to secure this vacant freehold only metres from Surrey Hills Station and the newly opened Coles Local gourmet supermarket. The new owner intends to extend and renovate the existing building to accommodate a new restaurant.

 159 Union Road, Surrey Hills_1

159 Union Road, Surrey Hills_2

Click Here To Get All The Sale Details

If you are thinking of selling your commercial property, contact me today so we can take a look at the best way to assess your position in the market.

Don't Forget to Share this Insight


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."

Are you up to date with what’s happening in the market & the industry?

REGISTER FOR MARKET UPDATES

More Insights

Commercial Real Estate Topics

see all

Planning To Sell Your Property?

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