Bidders Pounce as Boutique Collingwood Office Draws Successful Sale!

April 29th, 2021

Gross Waddell ICR were delighted to offer their latest campaign at 126 Rupert Street, Collingwood to the market - a stunning stand-alone double-storey office. 

Situated in a trendy pocket of Collingwood, the boutique office sits just 3kms shy of Melbourne’s CBD. The fully refurbished commercial investment features two light-filled levels of 260m2* and has a total land area of 187m2*. 

Zoned as Commercial 2 (GZ2), the site has dual frontages to Rupert street and Sturt Street and also contains onsite car spaces for two (2) cars. The office will be sold under vacant possession.

With Melbourne the sun beaming down, a large crowd formed around the site, interested to see the result of the stylish office. The auction kicked-off at $1.7 million and was soon after declared on the market for $1.975 million. As 6 buyers were eager to secure the dual-storey office, the bidding intensity started to increase. After more than 20 bids were placed, the property ended up selling under the hammer for $2.46 million.

Congratulations to Gross Waddell ICR on a fabulous selling result!