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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.
109 Manningham Street, Parkville is being offered for sale by Public Tender campaign closing Wednesday 15 June 2022 at 2pm (AEST).
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