355 Spencer Street, West Melbourne VIC

Purchase Price

$38.5m

DAte

01/09/2022

Sold

Sale Date

opportunity

23% IRR target
Purchased during covid at $5k/m², market was $10k
Major refurbishment and releasing program
Purchased almost vacant, now 80% leased

value added

Café added to foyer
New lift and foyer
Refurbished all floors
Latest valuation $59m

Residential Investment

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Our team is equipped with a profound understanding of the real estate market. We see beyond the present, developing strategic plans to amplify their value for the future.

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Our team is equipped with a profound understanding of the real estate market. We see beyond the present, developing strategic plans to amplify their value for the future.

or sit amet consectetur

Our team is equipped with a profound understanding of the real estate market. We see beyond the present, developing strategic plans to amplify their value for the future.