A ROYAL OPPORTUNITY FOR DEVELOPERS OR OWNER OCCUPIERS

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