BURWOOD SITE SELLS FOR $2.48M
Posted on 26 May 2010
A residential development site near Deakin University in Burwood has been sold at auction for $2.48 million to a private Melbourne buyer. The sale, by Vinci Carbone Property & LDB Property Services, represented a rate of $1,290 a square metre. The site has two properties, a brick veneer three bedroom house on 696 sqm with a lease until December at 47 McIntyre Street, and a former Telstra office and warehouse on 1,226 sqm offered with vacant possession next door.