An 1800sqm development site in Melbourne’s Bayswater has been snapped up by a local investor after selling at auction for $2 million.
The site, sold by Biggin & Scott’s Adam Flynn & Robi He was marketed as a “prime opportunity that is a must see for anyone looking for high-yield development”.
Likely uses for the site (STCA) include a multi-story apartment complex or high-yield townhouse development.