A Victorian mixed-use building on Long Street, Middleton, acquired in distressed condition and comprehensively converted into ten residential apartments and one commercial unit. The fourth value-add project in 29k’s portfolio, the asset presented its greatest challenge not in the build itself but in navigating the extensive regulatory and compliance requirements demanded by the local council tenant, a process 29k successfully managed through to completion.
The Long Street holding further demonstrates 29k’s ability to deliver where others may find challenging, securing institutional-grade tenancies across both the residential and commercial elements, with the apartments leased to the council since inception and a seven-year commercial lease locked in post-Covid.