West Melbourne, Victoria

Under Contract / Offer

Property Description

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

Date updated: 05 Dec 2019 23:00:07

Property Summary

Managers Unit

Complex Information

Complex Type: PermanentTotal Units in Complex: 529Agreement Term Remaining: 25 years

Marketing Agent


Marketing Agency

ResortBrokers

Tim Crooks
ResortBrokers

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West Melbourne, Victoria 3003 Exact map location not provided

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