535 - 541 Royal Parade,
Parkville, VIC 3052
Development Sites & Land • Hotel, Motel & Leisure
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Map of 535 - 541 Royal Parade
A RIGHT ROYAL CITY FRINGE OPPORTUNITY - First time offered for Sale in almost 40 years!
535-541 Royal Parade, Parkville
• Strategic 3,221sqm* inner city land holding
• Freehold Going Concern Motel comprising 41 quality motel rooms + onsite restaurant + function room
• Existing quality motel improvements allowing strong passing income with significant future development potential (STCA)
• Extensive 25 metre* frontage to Royal Parade and over 45 metres* to prestigious The Avenue
• Offered over three (3) individual titles
• Convenient access to all forms of public transport as well as Citylink freeway and future East West Link
• Highly desirable location close to The University of Melbourne and associated colleges, within minutes of the Melbourne CBD
• Exceptional development/conversion opportunity (STCA) in a tightly held and highly regarded part of inner Melbourne
FIRST ROUND EXPRESSION OF INTEREST CLOSED - OFFERS BEING CONSIDERED.
For further information please contact CBRE City Sales & CBRE Hotels as Exclusive Sales & Marketing agents.
• Strategic 3,221sqm* inner city land holding
• Freehold Going Concern Motel comprising 41 quality motel rooms + onsite restaurant + function room
• Existing quality motel improvements allowing strong passing income with significant future development potential (STCA)
• Extensive 25 metre* frontage to Royal Parade and over 45 metres* to prestigious The Avenue
• Offered over three (3) individual titles
• Convenient access to all forms of public transport as well as Citylink freeway and future East West Link
• Highly desirable location close to The University of Melbourne and associated colleges, within minutes of the Melbourne CBD
• Exceptional development/conversion opportunity (STCA) in a tightly held and highly regarded part of inner Melbourne
FIRST ROUND EXPRESSION OF INTEREST CLOSED - OFFERS BEING CONSIDERED.
For further information please contact CBRE City Sales & CBRE Hotels as Exclusive Sales & Marketing agents.
Property ID: 501252367Last Updated: 21 Sep 2017
03 8621 33...
535 - 541 Royal Parade
Parkville, VIC 3052
Detailed listing
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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