Commercial Real Estate AuctionsOne the ways Commercial real estate is sold, is by public or private auction. The difference being that in a public one, anyone can turn up, register and bid, whereas a private auction is for invited buyers only, usually reserved of very high price properties.
Sydney also has Real estate agencies that specialise in auctioning commercial properties.
Two of the main auction houses are: Auction Works
and Commercial Real Estate
Commercial Real Estate has an Auction Centre located in Sydneys CBD and provides a 'One stop shop' for industrial, commercial, retail and investment property sales.
Auction Works has the facility on its website to view live auctions, which happen every Wednesday at 10-30am. AuctionWorks was formed back in 1998 by David Scholes with the aim of providing real estate auction services to both residential and commercial agents across New South Wales.
Commercial Real Estates Auction Centre offers agents and auctioneers a high quality, fully equipped facility enabling them to conduct commercial real estate transactions with a dedicated auction room.
Location: Commercial Real Estate Auctions are located at:
The Mezzanine, 50 Margaret Street, Sydney, 2000, NSW
Location: Auction Works is located at:
Mezzanine Level, 50 Margaret Street, Sydney NSW 2000