Strong Interest From Local Owner Occupiers and Developers in Bulleen

Gorman Commercial’s Tom Maule and David Minton sold 196-200 Bulleen Road, Bulleen at auction for $1,500,000. The high exposure corner, Commercial 1 zoned site of 641sqm leased on a short-term income was sold to a local owner occupier/developer at a rate of $2,340/sqm. Selling agent Tom Maule said, “Given the rare nature of a corner offering in such a tightly held area, the property generated strong interest from a range of local owner occupiers and developers.”