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BTR Experts: 10 Ballarat Street, Brunswick VIC

Brunswick

Price: $16,500,000
Client: Goal Property Group
Purchaser: Hines
Sale Date: July 2019
Land Area: 4,247 sqm*

Permit:
Permit approved for eight-level mixed use building comprising 163 apartments plus commercial.

Sale Process:
Colliers were appointed exclusive selling agents and successfully undertook an On-Market Expression of Interest campaign. The scale, location and design of the project was identified as being a prime opportunity for both Build-to-Sell developers and Build-to-Rent developers.
 
Outcome:
The property was sold unconditionally in July 2021. A competitive second round resulted in two standout bids from BTR developers. A successful due diligence period delivered an outstanding outcome for the satisfied vendor.