Strata shop sells $60,000 above reserve Weâre sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Carnegie An investor paid $60,000 above reserve to outbid several rivals for control of a strata-titled shop in Jonathan Hallinanâs development at 274 A, B, & C in Neerim Road. The property was knocked down for nearly $2.56 million, or $6642 per sq m, Teska Carsonâs George Takis said. The result reflects a strengthening market for strip retail despite COVID-related issues, he said. Sold with vacant possession, the 392 sq m ground-floor shop covers three titles and is part of a 5-level residential development.