Multiple Offers Received for the Newly Constructed Retail Space in Hampton

An owner occupier was the successful purchaser of 427A & 427B Hampton Street, Hampton after multiple offers were received on the closure of the expression of interest campaign last Thursday held by Gorman Commercial’s Jonathon McCormack and Stephen Gorman. The newly constructed building area of 508 sqm plus 122 sqm of external area situated next door to the popular Hampton Bakery in the heart of the Hampton retail shopping strip generated steady enquiry throughout the campaign from owner occupiers and investors looking to lease out the rear section while occupying the front section. “Multiple offers were received due to the flexibility of the building envelope to create one or two separate tenancies”, said Jonathon McCormack who declined to comment on the price.