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  • Thirty-year-old Jason Li doubled his money on Saturday morning when his investment property sold for $3.01 million.

The young property developer and his business partner bought the warehouse at 252 Mitchell Road in Alexandria two years ago for $1.45 million.

The sale price soared $1.01 million over reserve.

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Jason Li

Seizing the day: Vendor Jason Li and auctioneer Damien Cooley after the auction of Mr Li’s warehouse at 252 Mitchell Road in Alexandria. Photo: Sarah Keayes