Forza Grosvenor Street Fund
38 Grosvenor Street, Abbotsford, VIC
KEY PROPERTY INFORMATION
Land Size | 3,880m² |
Number of Car Spaces | 470 |
Occupancy | 100% |
Purchase Date | May 2019 |
Purchase Price | $15,000,000 |
The Forza Grosvenor Street Fund is an unlisted property fund which holds a 3,880m² landholding with a four level, 470 bay car park located on the Yarra River in Abbotsford, Victoria.
The Property was purchased for $12,000,000 on an attractive initial yield of 6.76% and a WALE of 7.30 years. At the current time, the Property is providing investors cash distributions of 7.12% per annum.