A BLUE-CHIP CORNER WITH ULTIMATE FLEXIBILITY

701 Swanston Street, Melbourne, Victoria 3000

Retail For Sale

Expressions of Interest. EOI Date 12 Jun 2019
Land Area: 1,762.00 m2.    

Description

Colliers International and Jones Real Estate are pleased to present the opportunity to secure Melbourne’s most flexible opportunity at 701 Swanston Street. The outstanding property comprises the following key attributes:

• Exceptional 4.5-star hotel operated by Rydges Hotel & Resorts comprising 107 rooms across five (5) levels
• Premium facilities including basement parking, ground floor dining and function area, rooftop pool, alfresco dining and conference centre
• Substantial 1,762m2* landholding and Capital city zoning providing maximum development and value-add potential
• Expansive frontage along Swanston Street and Lincoln Square North offering uninterrupted views of Lincoln Square Gardens and the Melbourne CBD
• Located in Melbourne’s tightly held University Precinct, metres from the University of Melbourne, RMIT, Melbourne’s Bio-medical precinct and the CBD
• Nearby Lygon Street’s Golden Mile with countless restaurants, cafes and bars surrounded by tree-lined boulevards
• Conveniently serviced by the Swanston Street tram network, this strategic and sought-after location is soon to be further stimulated by the Melbourne Metro Rail and the introduction of Parkville Train Station just metres away.
• Vacant possession or leaseback available allowing the successful purchaser flexibility to refurbish, reposition or redevelop
• One of the last remaining corner opportunities of significant scale within the tightly held University Precinct

*Approx.

For Sale by International Expressions of Interest campaign Closing Wednesday 12th June at 12.00pm

To arrange an inspection or for more information please contact Colliers International or Jones Real Estate as the exclusive selling agents

Colliers International

Oliver Hay +61 419 528 540

Guy Wells +61 405 612 416

Jones Real Estate

Paul Jones +61 488 779 749

Tim Spargo +61 402 747 030

This property is proudly marketed by the Melbourne City Sales team (MCS).

Features

  • EXCEPTIONAL 4.5 STAR HOTEL
  • UNIVERSITY PRECINCT LOCATION
  • INVEST, OCCUPY OR DEVELOP

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