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The diverse sector – it ranges from accommodation facilities, to healthcare properties, and data centres – can reap strong rental growth across its assets: a boon in inflationary times.
All 175 units at Evo Apartments were acquired by the Victorian government in 2013 after it emerged the building would be surrounded by highways due to the East West Link.
The 3.6-hectare parcel of land opposite the university’s Clayton campus in Melbourne’s south-east was once a research and development centre for the car company.