Prahran Office/Warehouse Sold to an Owner Occupier

An office/warehouse at 39-41 Mount Street, Prahran has sold for $4,425,000 by Gorman Commercial’s Jonathan McCormack and Andrew Prowse. The property was sold via an expression of interest campaign with the sale result reflecting a strong land rate of over $9,000 p/sqm. The campaign attracted significant interest from potential owner occupiers, developers and investors with the purchaser intending to occupy and refurbish the building in the near future.