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515-523 Spencer Street West Melbourne, VIC 3003

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515-523 Spencer Street,
West Melbourne, VIC 3003

Development Sites & Land • Hotel, Motel & Leisure • Offices

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Key property information

Land area

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Property extent

Zoning

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Map of 515-523 Spencer Street

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  • Train stations within 5 km of 515-523 Spencer Street, West Melbourne, VIC 3003Distance
    North Melbourne Station521 m
    7-Flagstaff Railway Station/William St (Melbourne City)757 m
    Flagstaff Station795 m
    Southern Cross Station1.2 km
    Melbourne Central Station1.3 km
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  • Tram stops within 5 km of 515-523 Spencer Street, West Melbourne, VIC 3003Distance
    11-Errol St/Victoria St (Melbourne City)355 m
    11-Victoria St/Errol St (North Melbourne)399 m
    10-Chetwynd St/Victoria St (Melbourne City)481 m
    9-Howard St/Victoria St (Melbourne City)567 m
    9-Howard St Victona St570 m
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  • Bus stops within 5 km of 515-523 Spencer Street, West Melbourne, VIC 3003Distance
    Stanley St/Spencer St (West Melbourne)90 m
    Hawke St/Spencer St (West Melbourne)143 m
    Dudley St/Spencer St (West Melbourne)211 m
    Adderley St/Dudley St (West Melbourne)271 m
    Spencer St/Dudley St (West Melbourne)286 m
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A ROYAL OPPORTUNITY FOR DEVELOPERS OR OWNER OCCUPIERS

  • REFURBISH EXISTING HOTEL BUILDING
  • REDEVELOP INTO RESIDENTIAL OR OFFICE
  • SUBSTANTIAL LANDHOLDING OF 453 SQM*
Vinci Carbone is privileged to be able to offer for sale, the Royal Mail Hotel located at 515-523 Spencer Street, West Melbourne - a unique city fringe opportunity.

The availability of this outstanding city fringe property represents a magnificent opportunity for either owner occupiers who wish to refurbish the existing improvements or developers wanting to take advantage of this excellent location for a residential or commercial development (STCA).

Key highlights:

Refurbish existing hotel building for hospitality or refurbish to offices or retail
Redevelop into residential or office building (STCA)
Substantial landholding of 453 sqm*
Prime corner site with total frontage of over 61 metres (Spencer St, Stanley St & ROW)
Special Use Zoning
Offered with vacant possession


Rarely does a site of this size in such a highly sought after location become available for sale being within close proximity to the CBD, Hospitals, Melbourne University, Queen Victoria Market, Flagstaff Gardens, Docklands and RMIT.

*approx

Property ID: 504129003Last Updated: 16 Apr 2024

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515-523 Spencer Street
West Melbourne, VIC 3003
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