1-5 Commercial Road & 270 Punt Road,
South Yarra, VIC 3141

Development Sites & Land • Hotel, Motel & Leisure • Shops & Retail

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Two Prime South Yarra Development Sites

Buy One or Buy Both
Currently trading as Hotel Saville
Blue chip location

Colliers International are pleased to offer for sale by Expressions of Interest, two outstanding opportunities at 1-5 Commercial Road & 270 Punt Road South Yarra. Available to buy one or buy both, the currently underutilised sites are extremely well positioned within the heart of South Yarra, one of Melbourne’s most desirable suburbs.

Currently trading as Hotel Saville of South Yarra, this premium opportunity is well suited to residential developers, hotel/motel developers, home owners and investors.

• Buy one or buy both
• Residential 1 Zoned sites
• Currently trading as ‘Hotel Saville’
• Existing improvements include 8 level, 34 room hotel as well as overflow car park
• 1-5 Commercial Road: 940m² approx
• 270 Punt Road: 450m² approx
• Impressive 360° views including Fawkner Park and CBD aspects
• Multiple street frontages
• Highly sought after blue chip location
• Close proximity to CBD, Fawkner Park, Alfred Hospital, Chapel Street, Public Transport and highly regarded schools
• Available as freehold and going concern

FOR SALE BY EOI closing Thursday 19th June at 3pm.

For further information or to arrange an inspection please contact the exclusive selling agents in Ben Baines (0438 328 4...) or Ted Dwyer(0411 312 1...).

Property ID: 501125927Last Updated: 10 Aug 2014