SOLD – SETTLEMENT PENDING
4 heritage listed Victorian terraced houses in a prime location with an extensive interconnected basement and rear lane access.
Currently used for commercial purposes it is occupied by a variety of office tenants, a gymnasium and two nightclubs.
7 Years from March 2016
Explore the many potential uses and redevelopment opportunities presented by the location as it transitions from a nightclub district to a high-end residential precinct
Although the asset has been only recently acquired, evidence suggests its current value already far exceeds the Funds purchase price. Until such time as an acceptable offer is made, the asset is expected to delver an average annual return in excess of 7%.