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Aerial map of The Principal site and nearby amenities

INVESTMENT STATUS

Completed

ACTUAL RETURN

pER ANNUM

15%

TARGET RETURN

pER ANNUM

15%

END VALUE

COMPLETED

31 Jan 2020

The Principal

Location

North Melbourne, VIC

STAGE

2 & 3

The Principal is a landmark building with 147 apartments over 13 levels located on Flemington Rd, North Melbourne, just walking distance from the Melbourne CBD. North Melbourne is located in the academic heartland of Melbourne and is forecast to experience strong population growth over the next decade. It's one of Melbourne's most liveable suburbs, due to its easy access to schools, trams, shopping and parklands. It's close to excellent transport and infrastructure and the proposed new Parkville station, which will be part of the Metro Tunnel.

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