YHA Vic to Sell North Melbourne Backpackers Complex

Mr Takis is expecting about $3.5 million when the site is put to auction with vacant possession on June 30.

Currently operating as Melbourne Oasis YHA Hostel, the site is a block from Flemington Road, and near the $45 million, eight-level, 88 unit project, under construction by Evolve Development, a joint venture between entrepreneurs Ron Walker and Ashley Williams.

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Marc Pallisco

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