Time & Place secure Melbourne's Hotel Lindrum, with mixed-use apartment hotel plans

Time & Place director, Tim Price, said The Lindrum is one of Melbourne CBD’s most recognised buildings

Time & Place secure Melbourne's Hotel Lindrum, with mixed-use apartment hotel plans
The current Hotel Lindrum. Image supplied

Diversified property developer Time & Place has acquired Melbourne’s landmark Hotel Lindrum, with a view to convert the hotel in to a mixed-use hotel and residential project.

The sale of Hotel Lindrum, at 26-30 Flinders Street, came with plans for a 30-level mixed-use tower. Time & Place is currently reviewing the plans, not ruling out the inclusion of an office component.

Time & Place director, Tim Price, said The Lindrum is one of Melbourne CBD’s most recognised buildings.

"Sitting front row at the Eastern end of the city, and next to one of Sideler’s most cherished buildings and possibly in the most desirable CBD blocks," Price said.

“We see real value in the Parliament Precinct, being the Eastern end of the CBD right into East Melbourne.

Time & Place secure Melbourne's Hotel Lindrum, with mixed-use apartment hotel plans

The intersection of the sporting precinct, CBD and East Melbourne’s historical terrace homes makes it a quintessentially Melbourne location and we love being a part of the area’s next iteration.

"Our development philosophy is centred around making places, not properties, so the opportunity to acquire and breathe new life into Hotel Lindrum, which has such a rich history, was one we couldn’t pass up," Price added.

The building was designed by Ward & Carleton in the early 1900s for Griffiths Brothers Tea Merchants. In the 1920s, it was transformed into the headquarters for the Herald empire and later became Lindrum’s billiards centre. It was converted to a hotel in 1999.

The property forms part of a strategic acquisition phase for Time & Place, across Melbourne, Sydney and Queensland. In recent years the group has acquired sites in Glen Iris, Camberwell, Alphington and Alexandria.

Time & Place is currently preparing to bring The Queensbridge Building in Southbank to market, in conjunction with Hickory.

The 62-level level building is designed by Elenberg Fraser with interiors by Flack Studio and includes a hotel whose operator is yet to be announced.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and new developments across the country

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