Rydges on Swanston - SOLD

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Sold for 35,000,000 AUD Date of Sale: July 2020
Rooms: 107
Price Per Room: 327,103 AUD
Property Id : 30219

Colliers International and Jones Real Estate are proud to offer for sale 701 Swanston Street, Carlton

– A prime 1,762m² corner site with dual street frontage totalling 84m

– Overlooking Lincoln Square with uninterrupted views over the parkland and CBD

– Existing improvements provides 107 room hotel with extensive conferencing and food and beverage offerings

– Capital City 5 Zoning enabling a variety of development outcomes to be explored including commercial, student accommodation, residential and education (STPA)

– Suit investors, owner occupiers and developers

– Potential to refurbish and reposition existing improvements

– Within walking distance to all major amenities including Lygon Street retail and dining precinct, Melbourne CBD, world class education facilities – The University of Melbourne and RMIT, parks and gardens

– Less than 250m to new Parkville railway station and walking distance to Melbourne Central railway station with trams passing the property on Swanston Street

– One of the last remaining corners of scale in the University Precinct

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