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West Melbourne VIC 3003
Sold on 14 Feb 2020

West Melbourne VIC 3003

  • Hotel, Motel, Pub & Leisure
  • Sold

MELBOURNE'S FINEST MANAGEMENT RIGHTS OPPORTUNITY, OTP, BY LEGENDARY DEAGUE GROUP | Resort Brokers ID : OTP005772

    Rare and outstanding opportunity to purchase the management rights to 'Melbourne Village', the latest project from the renowned developers who brought you the Art Series hotel collection.

    - Prime location on Spencer St in West Melbourne between CBD and waterfront
    - Total of 529 dwellings, mix of 1 and 2 bedrooms
    - Two towers of 21 and 27 levels; 496 apartments, 33 townhouses
    - Luxury building ideal for both short-term and permanent occupation
    - 80% investor profile (anticipated letting pool of circa 420)
    - Lengthy tenure on caretaking and letting agreements
    - High-end reception desk, back office, luggage store and linen room on exclusive use
    - 25M indoor pool, resident's lounge, business lounge, cinema, gym, wellness room
    - Rare large-scale off-the-plan management rights opportunity in Australia's trendiest city

    FOR SALE BY EXPRESSIONS OF INTEREST CLOSING AEST 5PM FRIDAY MAY 18TH

    Property Highlights

    Date Sold14 Feb 2020
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018514589
    Category
    Last updated  4 May 2023
    Map for West Melbourne VIC 3003

    Property Highlights

    Date Sold14 Feb 2020
    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Property ID2018514589
    Category
    Last updated  4 May 2023

    Co-Agents

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