Palms Motel Footscray Sells For $3.2 Million

THE Footscray motel which was until recently to have become Melbourne’s next commission flat complex, has sold to an investor for $3.2 million, and is expected to be re-opened as a hospitality business.

On a 2985 square metre block at the corner of Geelong Road and Catherine Street, the former Palms Motel is near Victoria University, central Footscray and the Maribyrnong River.

The Department of Human Services which is increasingly leasing hotel and motel rooms and facilities to satisfy its growing public housing waiting list, had co-ordinated a lease for the Palms Hotel.

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