71-93 Gipps Street, Collingwood

FAST FACTS

  • Project value A$70.9 million
  • Site acquired September 2016
  • 11 levels of commercial office space. Flexible floorplans ideal for coworking. Plans include bike cages, yoga studio, rooftop terrace and onsite cafés.
  • Construction commencing mid 2019

 

AUS FINANCE GROUP’S ROLE

  • A$7.5 million site acquisition finance from private lender
  • A$8.7 million preferred equity provided by AUS Finance Group

Located 2km east of Melbourne CBD, the high exposure site is located on a junction with Cromwell Street and is within walking distance to Fitzroy Gardens and Yarra Boulevard Precinct.

Currently the site includes four former house lots and the opportunity presented is a new office that is to be sold fully leased and occupied. The site has access to and from the Melbourne CBD and surrounds and is within walking distance to public transport (Collingwood Train Station). Demolition of the existing properties is expected before any construction begins.

Click HERE to view a development video for the project.

For further information, please call AUS Finance Group on 1800 287 346.