BUILD TO RENT

LIV MUNRO

101 Therry Street, Melbourne, VIC 3000

LIV Munro is located within the broader Queen Victoria Market (QVM) precinct which is situated in the Melbourne CBD north west corridor and is on the doorstep of West Melbourne, North Melbourne and Carlton. The QVM precinct occupies a pivotal location between the City North Urban Renewal Precinct to the north; the education and health precincts to the north and north east; the central city and the broader 'Hoddle Grid' to the south east. QVM is a major landmark in Melbourne and is the largest open-air market in the Southern Hemisphere. LIV Munro, designed by Bates Smart comprises of 490 Build to Rent apartments across Levels 5-39, 136 car spaces, a wellness centre (including a gym, pool, spa, steam room, sauna and outdoor deck), co-working facilities, an outdoor cinema and numerous entertaining areas. The building is targeting to achieve an 8.0 Star NatHERS and a minimum 5 Star Green Star as-built rating.

Ownership
100%

Summary information

Acquisition/Agreement Date Apr-21
Valuation at 30-JUN-22 $213.1m
Expected Development Value On Completion ~$355m
Target Completion 1H23
Expected development value on completion: Represents forecast value on completion incorporating a stabilisation allowance and subject to various factors outside of Mirvac's control such as planning, market demand and COVID-19 uncertainties.

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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.