BUILD TO RENT

LIV ASTON

7-23 SPENCER STREET, DOCKLANDS, VIC 3008

LIV Aston is Mirvac's second Build to Rent project in Melbourne and is located at 7-23 Spencer Street, Docklands, south west of the Hoddle Street Grid. Bound by Flinders Street to the north, Spencer Street to the east, Crowne Plaza to the south and the World Trade Centre to the west, this key central city site is a unique asset of significant scale which provides an opportunity for Mirvac to deliver an exemplar land use and development outcome at the entrance to Melbourne's CBD. The property will compromise of 474 apartments, 2,700 square metres of flexible office space, 700 square metres retail GLAR and 2,600 square metres of curated resident amenity including a communal lounge and kitchen, outdoor dining and BBQ facilities, multipurpose and media rooms, workers club, pool, spa, saunas, yoga deck, rooftop lounge and private dining, library and pet park and washroom. LIV Aston will also have 80 car parking bays, 516 bike parks and 270 storage cages. With sustainability front of mind, LIV Aston is targeting 5 star Green Star, 7.5 NatHERS rating for the BTR component and a 5 star NABERS rating for the commercial.

Ownership
100%

Summary information

Acquisition/Agreement Date Aug-21
Valuation at 30-JUN-22 $85.9m
Expected Development Value On Completion TBC
Target Completion FY24-FY25
Image: artist impression only, final design may differ.

img4

Mirvac acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Owners of the lands and waters of Australia, and we offer our respect to their Elders past and present.  

Artwork: ‘Reimagining Country’, created by Riki Salam (Mualgal, Kaurareg, Kuku Yalanji) of We are 27 Creative.