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111-123 A ‘Beckett Street
Geographical Region CBD, Melbourne
Type of Investment Office
Status Divested

111- 125 A’Beckett Street was a historic site in the Melbourne CBD and was one of the first and iconic Harley Davidson stores located at the North of the Melbourne CBD, a stone’s throw away from the Queen Victoria Market, RMIT University and Melbourne Central. The site was acquired in 2015 for A$38 million with the objective to undertake a residential redevelopment. The project was conceptualised as the next iconic landmark along A’Beckett Street where the striking residential tower would retain its heritage frontage while the elegant tower provided magnificent views of the bustling Melbourne CBD and featured unsurpassed amenities with a focus on natural luxury.

Acquired in 2014 for A$38 million, the property was divested at A$61 million in 2017, delivering an IRR in excess of 20%.

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