63-69 City Road,
Southbank, VIC 3006

* Approved permit for a magnificent 30 storey building comprising 270 hotel rooms and 8 levels of education space
* Tourism and Education are a growing global industries and Melbourne is a highly attractive destination
* Surrounded by world-class entertainment amenities
* Outstanding design with potential to further maximise the sites efficiency (STSA)
* Strong holding income of $445,000 pa
* Capital City Zone
* Premium Site of 910 sqm (approx.) over two titles
* Two substantial buildings with a combined area of 2,200 sqm (approx.)

Located only moments from the CBD, and positioned on the doorstep of Melbourne’s arts and entertainment precinct, this impressive offering has been made complete with an approved permit for a luxurious, mixed use, New York-style hotel development.

This is a rare chance to secure a prized landholding with unrivalled potential. Re-develop all or part of both buildings or retain their existing uses to enjoy an attractive yield with secure, capital growth. Whatever is in your sights, this is a prime opportunity for the astute investor who is looking to ‘make their mark’ in the world’s most liveable city, one that is bustling with a growing population, thriving economy and artistic splendour.

FOR SALE BY EXPRESSION OF INTEREST CLOSING TUESDAY 12TH DECEMBER AT 2PM