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109 Manningham Street, Parkville, VIC, 3052
Investment Potential
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Property Highlights

PUBLIC TENDER NOW CLOSED
  • Modern 7-Level Apartment Complex
  • 175 Apartments In-One-Line
  • Situated in Key Worker Precinct

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.

PUBLIC TENDER NOW CLOSED

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

Remember to mention you found this property on CommercialReady.com.au

Due Diligence Tool

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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