It’s a Wrap: The Latest $130m Addition to Southbank’s Skyline

MaxCap is pleased to announce the completion of the Work Rest And Play (WRAP) retail and residential development seven weeks ahead of schedule. Situated in the busy City Road/ Southbank Boulevard precinct, WRAP’s daring steel structure envelops the building’s façade and interior. WRAP is comprised of  a 41 storey development, featuring 294 apartments, two retail shops and 234 car spaces.

MaxCap Mandate:
Provided Institutional Preferred Equity Funding

Client:
Applemead

Location:
Southbank, Melbourne

Project:
Residential tower consisting of 294 apartments across 41 levels

GRV:
$130,000,000