Investment Highlights
>82,900 sqm
Precinct GLA
10 hectare
Site Area
$426 psm
Average District Gross Rent
43%
of Income from Majors
16%
Positive Rental Reversion
81%
occupancy
<1km
From the Melbourne CBD
6.6 year
WALE by income
Positioned on an expansive 10 hectare site within 1km from the Melbourne CBD, The District is a genuinely unique offering.
The precinct provides over 82,900 sqm of high quality, existing mixed-use GLA along with a substantial 2,081 car parks.
The District benefits from a highly diversified income stream across fresh food, entertainment, office, retail, hotel and car parking uses. This variety of uses generates a authentic urban village feel whilst drawing from substantial customer (45% of Greater Melbourne), worker and tourism populations.
In addition to the existing asset, the precinct benefits from over 160,000sqm of surplus developable GFA, with approximately 74,000 sqm of this identified for development in the short to medium term. The District benefits flexible planning and infrastructure that enables a reactive and market relevant outcome.
Explore the Precinct
The Transformation of the District
Retail
Office
Entertainment
Fresh Food
Hotel
Living
Gross Passing Income by Precinct
Terminal Gross Income by Precinct
Retail
Office
Entertainment
Fresh Food
Hotel
Built to Rent
Car Parking
