High Demand, Prime Location: Small Unit Sparks Major Buyer Interest

In a tightly held commercial precinct, speed and strategy made all the difference in a recent standout sale. We sat down with agent Scott McDonald to unpack how he secured six offers in just one week, and sold a 125 sqm unit for $580,000.

Q: Can you walk us through the sale and what made it so successful?

“This 125 square metre unit sold for $580,000 with six offers on the table in just one week,” the agent shared. “That works out to around $4,640 per square metre, a strong result for this part of the market”

According to the agent, the unit’s success wasn’t just about location or luck, it came down to having a tailored, flexible approach.

“We quickly pivoted our approach and decided to lease the space as well, at 150% above the previous rental rate, with zero marketing costs,” he said. “That dual momentum added urgency to the sale process and helped demonstrate the property’s true potential.”

Q: What features of the unit made it particularly attractive to buyers?

“Location and utility were definitely major selling points. The property is located in a secure complex, equipped with three-phase power and includes mezzanine space, which adds flexibility for different types of businesses.”

Q: Any takeaways for other vendors or buyers looking at similar properties?

“This result really shows the power of a strong network and a targeted campaign, we focused on connecting directly with the right buyers from the start. In markets like this, being strategic and agile matters more than ever.”