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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
· Modern 7-Level Apartment Complex
· 175 Apartments In-One-Line
· Situated in Key Worker Precinct