Vinci Carbone is pleased to present a rare and exceptional opportunity to acquire the iconic Royal Mail Hotel, situated at 515-523 Spencer Street, West Melbourne. This prized city fringe property offers a rare opportunity to acquire a prime corner CBD fringe site capable of being repurposed or redeveloped for a multitude of uses (STCA). Strategically located, the property boasts unparalleled access to Melbourne’s CBD and is just a stone’s throw from the prestigious University of Melbourne, RMIT, the vibrant Errol Street retail strip and the historic Queen Victoria Market, with access to two train stations within 650m* and 950m* walking distance.
Key highlights:
Commanding corner property with extensive frontage: Boasting a substantial landholding of 453 sqm*, this prime corner property enjoys an impressive 43 metre* frontage along Spencer Street and Stanley Street plus a rear ROW, offering unparalleled visibility and access.
Unlock opportunities: Transform the existing hotel building of 645 sqm* into a vibrant hospitality hub or re-imagine it as a thriving office or retail space (STCA).
Potential for residential or office building: Tap into the property’s potential and create a stunning residential or office building that sets a new standard in the area (STCA).
Unrestricted potential: Take advantage of the opportunity to start from scratch, with the property offered with vacant possession, ready for you to bring your vision to life (STCA).
Unbeatable location with endless connections: Enjoy the ultimate in convenience, with the CBD, major hospitals, The University of Melbourne, Queen Victoria Market, Flagstaff Gardens and Docklands all within easy reach. RMIT is also nearby, and the property boasts seamless access to Melbourne’s key arterial roads.
Public transport at your doorstep: North Melbourne Train Station is just a short 650 metre* stroll to the west, while frequent bus services operate along Spencer Street and Dudley Street, providing effortless connections to the city and beyond.
515-523 SPENCER STREET, WEST MELBOURNE IS OFFERED FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 5 SEPTEMBER AT 4PM
*approx.