11 Queens Road, Melbourne
11 Queens Road is a prominent 11-level office building which comprises ground floor retail tenancies, office accommodation and a 128-bay basement car park over two levels. The property is situated on a substantial landholding with street frontages to Queens Road and Queens Lane. Tenancies with a westerly aspect are afforded uninterrupted views over Albert Park Golf Course/Lake and Port Phillip Bay.
Purchased in 2014, Vantage has added substantial value through strategic staggered refurbishments. The ground floor lobby has recently undergone a significant repositioning programme which we believe will assist in retaining existing tenants, as well attracting new tenants.
Date Acquired
September 2014
Purchase Price
$27,000,000
NLA
8,806sqm
Direct Rate
$3,066/sqm