Commercial Auction Results – Week ending 3rd June 2017

There were a total of 24 commercial properties taken to Auction over the week across Australia, with a preliminary clearance rate of 67%. This is down from a volume of 28 commercial auctions in the previous week and a clearance rate of 85.7%.

Of the 16 auctions that cleared in the past week, 9 were in the Sydney metropolitan, while one retail shop zoned for SP3 tourist also sold prior to auction for $630,000 in Dubbo. A further four commercial properties sold across Queensland and two sold…