Camberwell shop sells for $1.1 million under the hammer

Camberwell shop sells for $1.1 million under the hammer
Katherine JimenezMay 6, 2014

A Camberwell shop and dwelling in Melbourne has sold under the hammer for $1.1 million.

The property was offered with vacant possession and purchased by a local investor, who has plans to refurbish and re-lease the property.

It sits on a land area of about 177 square metres at 931 Bourke Road, and features a two-level building of about 200 square metres with ground floor retail plus first floor residence.

Fitzroys agents Michael Ryan and David Bourke negotiated the sale. The vendor was  a local family, who had owned the property for more than 30 years.

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