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Colliers are pleased to present this superb Parkville freehold located just metres from the University of Melbourne and Melbourne’s Biomedical Precinct. 35-39 Royal Parade, Parkville, is offered For Sale by Expressions of Interest closing Thursday 23 October 2025 at 2pm (AEDT).
35-39 Royal Parade features a 770sqm* heritage building set on a corner allotment of 551sqm* at the junction of Royal Parade and Morrah Street – directly opposite the University of Melbourne’s Trinity College.
The property is offered with a permit for substantial redevelopment that has increased scope for additional footprint and height that could suit a wide array of potential future outcomes (STCA).
- 551sqm* corner landholding in a prestigious Parkville location
- 770sqm* two-level building with boundless potential
- Permit-approved redevelopment opportunity
- Tightly held pocked of Melbourne’s city fringe with limited commercial offerings
- Located minutes from Melbourne’s world-class hospital and biomedical precinct
- Opposite the University of Melbourne, Trinity College, and walking distance to the University High School.
- Nearby public transport offerings include the new Parkville Train Station and trams on Royal Parade, Flemington Road, Elizabeth & Peel Streets
Formerly an accommodation offering, the property is to be sold with vacant possession ready for occupiers, developers, or investors to take it into the future.
Remember to mention you found this property on DevelopmentReady
Colliers are pleased to present this superb Parkville freehold located just metres from the University of Melbourne and Melbourne’s Biomedical Precinct. 35-39 Royal Parade, Parkville, is offered For Sale by Expressions of Interest closing Thursday 23 October 2025 at 2pm (AEDT).
35-39 Royal Parade features a 770sqm* heritage building set on a corner allotment of 551sqm* at the junction of Royal Parade and Morrah Street – directly opposite the University of Melbourne’s Trinity College.
The property is offered with a permit for substantial redevelopment that has increased scope for additional footprint and height that could suit a wide array of potential future outcomes (STCA).
- 551sqm* corner landholding in a prestigious Parkville location
- 770sqm* two-level building with boundless potential
- Permit-approved redevelopment opportunity
- Tightly held pocked of Melbourne’s city fringe with limited commercial offerings
- Located minutes from Melbourne’s world-class hospital and biomedical precinct
- Opposite the University of Melbourne, Trinity College, and walking distance to the University High School.
- Nearby public transport offerings include the new Parkville Train Station and trams on Royal Parade, Flemington Road, Elizabeth & Peel Streets
Formerly an accommodation offering, the property is to be sold with vacant possession ready for occupiers, developers, or investors to take it into the future.
Remember to mention you found this property on DevelopmentReady
