620 Church Street, Richmond

Purchased in 2001, 620 Church Street was repositioned several times throughout its 15-year ownership with significant refurbishment works undertaken to enhance income returns and create a greater retail amenity. Prior to its sale, Vantage obtained a town planning permit for additional accommodation on the roof of the property. Long-term leases were applied to the office accommodation and the property was sold off market at a 40% premium to valuation.