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109 Manningham Street

109 Manningham Street, Parkville, VIC 3052

For Sale Hotel/Leisure
Price upon request
Property No. 332807

Building Information

UNDER OFFER

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.
 
UNDER OFFER
 
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

Last updated

01 Aug 2022

Building

Whole

Floor area

12,106 sqm

Land area

0.50ha (1.22acres) (approx.)

Tenure Type

Tenanted

Within walking distance

Within walking distance