Medical Groups Show Interest in Riversdale Road, Hawthorn East

A house occupied by a local well-known psychologist for over 20 years sold via an expression of interest campaign at 388 Riversdale Road, Hawthorn East. Nine offers to purchase were submitted with the property selling within 24 hours of the expression of interest close. The 120 sqm building sold for $1,500,000 to a local medical operative on a building rate of $12,500 psm. Andrew Prowse and Stephen Gorman of Gorman Commercial commented, “The existing medical permit ensured a high volume of medical groups engaged throughout the campaign.”