Goldfields’ Richmond hotel wins approval

The permitted Richmond hotel.

Goldfields Group has won permission to replace Richmond’s former Matt Blatt showroom with a 12-storey, 198-key hotel.

The facility at 587-593 Church Street will include balconies on levels two, four and six and an open-to-the-public rooftop terrace with a pool and two bars – one a teppanyaki restaurant – all up able to cater for 216 guests.

A gym and meeting/function rooms fill the first floor.

The ground level will contain a bistro able to accommodate 120 clients – as well as the hotel entrance, via a porte-cochere off Yorkshire St.

There is also a 70-bay basement car park.

Goldfields paid $19m for the 1710 sqm site in 2019; it is across the road from Cremorne (story continues below).

Goldfields paid $19m for the block (shaded) in 2019.

The hotel proposal was approved by the Victorian Civil and Administrative Tribunal.

Elsewhere in the suburb, the Brady Group has earmarked an 11-level guesthouse at 203-207 Bridge Road.

Two weeks ago, ARL’s former Richmond HQ was listed for sale as a permit-ready development site.

Fortis, meanwhile, is seeking to construct a 10-floor residential building on a 1298 sqm Brighton Rd block it purchased eight months ago, also for $19m, while GIC and Grocon have proposed a Build to Rent based village to replace Richmond Plaza.

Last month, Australia Post pre-committed to a 13-storey office at 480 Swan St – a move which will see it relocate from the Melbourne CBD.

Poly Global also recently put forward a commercial complex on Richmond sites neighbouring the Pelaco sign.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.