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DESCRIPTION:Fully Refurbished Boutique Student Accommodation\nColliers\, un
 der instruction from Unified Property Services as transaction manager\, ar
 e pleased to present Cydelia House\, 101-103 Drummond Street\, Carlton for
  sale via expressions of interest closing Thursday 22nd October 2026 at 2p
 m (AEDT).\n\nAn amalgamation of two historic freehold buildings\, Cydelia 
 House is a part of Drummond Terrace\, one of Melbourne's iconic Victorian-
 era Terraces situated on the doorstep of the Melbourne CBD. Having been re
 furbished in 2016-17 as a boutique purpose-built student accommodation (PB
 SA) offering\, the property offers 20 self-contained accommodation rooms\,
  communal living\, dining\, study and kitchen areas\, outdoor congregation
  areas and on-site parking\, accessed via Mission Place at the rear of the
  property.\n\n- High-quality student accommodation fit out featuring 20 in
 dividual rooms\, 16 of which are self-contained.\n- Potential to Develop A
 dditional Units (STCA).\n- Suit Owner-Operator\, Investor\, or alternate l
 iving outcomes (BTR\, co-living).\n- Superbly located amongst world-class 
 education institutions\, namely University of Melbourne and RMIT.\n- Excep
 tional accessibility with Metro Tunnel & City Loop Train Stations all with
 in 850m*.\n- 719sqm* mixed-use landholding.\n- On-site parking via Rear RO
 W.\n\nLocated on Drummond Street between Queensberry & Pelham Streets\, Cy
 delia House is within close proximity to both the University of Melbourne 
 & RMIT\, the UNESCO heritage-listed Carlton Gardens and Royal Exhibition B
 uildings\, and world-class medical precincts in Parkville (Royal Melbourne
 \, Women's\, and Children's Hospitals) and East Melbourne/Fitzroy (St Vinc
 ent's\, Eye & Ear\, and Epworth Freemasons Hospitals).\n\nFor further info
 rmation\, please contact the Colliers agents below as the exclusive sellin
 g agents: \n\nAlex Browne | +61 418 350 545\nMatt Stagg | +61 409 411 300\
 nRyan Milivojac | +61 457 296 601
DTEND:20261022T140000
DTSTAMP:20260918T081131Z
DTSTART:20261022T140000
LOCATION:Colliers
SEQUENCE:0
SUMMARY:Expression Of Interest: 101-103 Drummond Street\, Carlton VIC
UID:CRE-2021169086-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Fully Refurbished Boutique Student Ac
 commodation <br/> Colliers\, under instruction from Unified Property Servi
 ces as transaction manager\, are pleased to present Cydelia House\, 101-10
 3 Drummond Street\, Carlton for sale via expressions of interest closing T
 hursday 22nd October 2026 at 2pm (AEDT).\n <br/> \n <br/> An amalgamation 
 of two historic freehold buildings\, Cydelia House is a part of Drummond T
 errace\, one of Melbourne's iconic Victorian-era Terraces situated on the 
 doorstep of the Melbourne CBD. Having been refurbished in 2016-17 as a bou
 tique purpose-built student accommodation (PBSA) offering\, the property o
 ffers 20 self-contained accommodation rooms\, communal living\, dining\, s
 tudy and kitchen areas\, outdoor congregation areas and on-site parking\, 
 accessed via Mission Place at the rear of the property.\n <br/> \n <br/> -
  High-quality student accommodation fit out featuring 20 individual rooms\
 , 16 of which are self-contained.\n <br/> - Potential to Develop Additiona
 l Units (STCA).\n <br/> - Suit Owner-Operator\, Investor\, or alternate li
 ving outcomes (BTR\, co-living).\n <br/> - Superbly located amongst world-
 class education institutions\, namely University of Melbourne and RMIT.\n 
 <br/> - Exceptional accessibility with Metro Tunnel & City Loop Train Stat
 ions all within 850m*.\n <br/> - 719sqm* mixed-use landholding.\n <br/> - 
 On-site parking via Rear ROW.\n <br/> \n <br/> Located on Drummond Street 
 between Queensberry & Pelham Streets\, Cydelia House is within close proxi
 mity to both the University of Melbourne & RMIT\, the UNESCO heritage-list
 ed Carlton Gardens and Royal Exhibition Buildings\, and world-class medica
 l precincts in Parkville (Royal Melbourne\, Women's\, and Children's Hospi
 tals) and East Melbourne/Fitzroy (St Vincent's\, Eye & Ear\, and Epworth F
 reemasons Hospitals).\n <br/> \n <br/> For further information\, please co
 ntact the Colliers agents below as the exclusive selling agents: \n <br/> 
 \n <br/> Alex Browne | +61 418 350 545\n <br/> Matt Stagg | +61 409 411 30
 0\n <br/> Ryan Milivojac | +61 457 296 601</P></body></html>
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