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.