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1010 La Trobe Street

1010 LA TROBE STREET, DOCKLANDS, MELBOURNE PURCHASED OFF MARKET
ACQUISITION PRICE $100, 000, 000
ACQUISITION DATE FEBRUARY 2022
ARTIFEX ROLE INVESTMENT MANAGER

Click Here to download the Press Release.

A nine (9) level building at 1010 La Trobe Street of 14,954 sqm with unobstructed marina views that will never be built out. The building is currently fully occupied housing Department of Home Affairs & VicTrack. The site is earmarked for a significant capital injection, including brand new end of trip facilities, a redesigned ground floor café & business lounge and the refurbishment of lift lobbies and amenities throughout.

The building is already environmentally conscious with high sustainability credentials with energy ratings between 5 – 5.5 Star NABERS, increasing the sustainable nature of this asset even further will form part of the ongoing repositioning strategy. The location is emerging and enjoys major infrastructure upgrades including the circa $220m Marvel Stadium upgrade which will be completed mid-2023.