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…
420 St Kilda Road, Melbourne
420 St Kilda Road was acquired by Vantage in partnership with private equity firm KKR as a value add/opportunistic real estate investment. During our short ownership Vantage completed a major capital refurbishment program including ground floor foyer, lifts and base building upgrades. Installation of a high-quality end-of-trip facility and other on-floor tenancy works contributed to…
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.
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…
446 Collins Street, Melbourne
446 Collins Street was acquired by Vantage on behalf of a private offshore investor. Throughout our ownership period, capital works included a full upgrade of the HVAC, a building management system, installation of end-of-trip facilities, refurbishment of the foyer and upgrade to various on-floor amenities. Since acquisition, we negotiated 18 new leases resulting in an…
247 Collins Street, Melbourne
This property was acquired for a single offshore listed investor. Vantage completed the purchase, undertook a refurbishment, fully leased the building and managed the sale within two years of ownership.
26-28 Prospect Street, Box Hill
26-28 Prospect Street was acquired in 2002. During the ownership Vantage completed numerous upgrade works and successful leasing campaigns. During the last 12 months of ownership Vantage successfully applied for a 30-level mixed-use planning permit. Due to the proposed planning scheme changes, a permit of this scale would no longer be possible under the new…
43 Elizabeth Street, Melbourne
Post acquisition in 2000, Vantage managed an extensive refurbishment program including cosmetic changes to the ground floor foyer and an overhaul of the building’s outdated operational system. Reconfiguring the foyer provided greater retail exposure and enhanced income potential. Vantage secured long-term leases for all retail areas and increased the building income by 250%.
697 Burke Road, Camberwell
697 Burke Road is a six-level office building located in the heart of Camberwell. Situated on the western side of Burke Road within walking distance to Camberwell Junction, this blue-chip location offers easy access to public transport and a very popular local shopping strip. The asset has undergone several upgrades since the acquisition in 1999…