533 Little Lonsdale Street, Melbourne

Acquired in 2013, Vantage immediately commenced a $2.4 million refurbishment. This comprised refurbishing the ground floor, common area lobbies and tenancy areas as well as replacement of the lifts and air-conditioning system. Vantage negotiated an uplift in passing rents of 43 per cent and managed the sale three years after purchase with a 30% increase above the most recent valuation.