Successful Off-Market Sale Transaction in Hawthorn

Jonathon McCormack and Stephen Gorman of Gorman Commercial brokered an off market sale at 16-18 Hall Street, Hawthorn East. Multiple offers were received resulting in a successful off-market transaction of $5,850,000. The property was sold on a building rate of $6,826 psm and land rate of $5,718 psm. Adjacent to the site, 20-24 Hall Street, Hawthorn East was recently sold to high profile car dealer Nick Politis, also the chairman of NRL team Sydney Roosters, where it is understood that Mr Politis will set up and operate his business.