Footscray Dream Factory
Investment type
Fund structure
Closed end fund
Status
Closed
90-96 Maribyrnong Street is a 4 level office building located in the inner-western suburb of Footscray,5km west of the Melbourne CBD.
Acquired by the Planum Footscray Fund, the property is leased with a strong WALE providing investors with a stable forecast income return.
Footscray is a strategic location due to its proximity to Melbourne’s CBD and major infrastructure upgrades such as the $1.5 bn Footscray Public Hospital and the West Gate Tunnel Project.
Planum Partners sourced the opportunity off market and is the asset and investment manager of the Fund.