Demolition plan back on agenda for century old Melbourne building
Roxy Pacific has listed the city’s Melbourne House, which turns a century this year, after deciding against plans to replace it with a 23 level hotel – something an incoming owner won’t need to.
The Singapore based group can expect well over $30 million, sources say, for the six level, 4650 square metre building at 354-360 Little Bourke Street.
It acquired the property from the Leo Cussen in 2017 then, the year later, won permission to raze it for the high rise guesthouse with 322 rooms.
However, following a high profile community campaign to save the building, Roxy Pacific shelved that plan, instead successfully applying to refurbish and extend eight levels into the airspace.
That proposal would contain 10,822 sqm of space with an overweighting of retail.
Any incoming Melbourne House owner could entertain either redevelopment plan – Melbourne House, described as Chicagoesque in its design, is not heritage protected (story continues below).
Demolition back on the agenda
Zoned Commercial 1, 360 Little Bourke St spreads a 939 sqm block also with Whitehall Lane frontage.
Leo Cussen paid $3.8m for it in late 1992, to occupy.
Cushman & Wakefield’s Oliver Hay, Daniel Wolman and Leon Ma with JLL’s Josh Rutman, Tim Carr, Nick Peden and MingXuan Li are representing Singapore based Roxy Pacific.
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