64-66 Mcarthurs Road, Altona North VIC

Purchase Price

$4.2m

DAte

01/02/2020

Sold

-

Sale Date

-

opportunity

  • Purchased for $1.1k/m² vs market at $1.2k-2k/m²
  • High clearance of 10.3m to the underside of the trusses
  • Under-rented: passing rent at $74/m² vs market $77-85/m²
  • Subdivision potential

value added

  • Successfully negotiated a new 3+3 lease of the rear tenancy at the beginning of the pandemic
  • Improved property condition through capital works to the roof
  • Market campaign in progress $7-8m expected

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.
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.
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.

Other Investments

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