Land

109 Manningham Street, Parkville

109 Manningham Street Parkville, VIC Australia 3052
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Building Area Gross
Land Area Gross ()
Occupancy 100.0 %

Asset Description

JLL are pleased to present the opportunity to purchase Evo Apartments – a completed and operational building of 175 apartments conveniently located in close proximity to Melbourne’s renowned education, healthcare, and research precincts.

 

Key details of the opportunity include:


- Modern seven-storey apartment complex of 12,106sqm* NSA with two levels of basement car parking providing 181 car spaces.

- Opportunity to acquire 175 units in one line with immediate income stream from current rental arrangements in place with a proven track record of consistently high occupancy levels.

- Positioned in Melbourne’s largest healthcare and education precinct home to a combined 160,000+ employees and students supporting depth of occupier demand.

- Potential to reshape the current management arrangement to cater for the growing key worker market and be at the forefront of the emerging Built to Rent sector.

- Valuable underlying landholding with a site area of 4,951 square metres with expansive 48-metre frontage to Manningham Street.

 

UNDER OFFER

 

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

Josh Rutman | +61 411 27 37 46

David Hill | +61 431 248 477

Noral Wild | +61 409 439 991

MingXuan Li | +61 498 688 998

Investment Highlights

·        Modern 7-Level Apartment Complex

·        175 Apartments In-One-Line

·        Situated in Key Worker Precinct

Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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