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541 Blackburn Road, Mt Waverley

541 Blackburn was purchased in 2003, Vantage refurbished all base building amenities, common floor lift lobbies, the main entry lobby and fully upgraded the other base building services during its ownership. At the time of sale, the asset was 100% leased to a premium and diversified tenant mix with a robust WALE of 3.83 years.

Purchase price:
$8.15 million
Sale price in 2020:
$21.83 million
Net gain for investors:
Hold period:
17 years
Total return for investors:
19% per annum
Premium to valuation: