Forza Camberwell Road Fund
90-94 Camberwell Road, Hawthorn East, Vic
KEY PROPERTY INFORMATION
|Purchase Date||June 2019|
|Sale Date||September 2020|
The Forza Camberwell Road Fund was a joint venture between Forza Capital and a family office which holds a high-profile corner site of 846m² of land and a two-level stand-alone office building of 634m² of Net Lettable Area (NLA) and 14 sub-basement car parks. Located at 90-94 Camberwell Road, Hawthorn East, Victoria, the Property was acquired vacant and underwent a significant refurbishment to re-position the asset for lease.
The asset was acquired at its underlying land value and value was created through a refurbishment and leasing process.
The Property has been leased to Epson on a long term lease arrangement and was subsequently sold.