Opportunities to own a property dubbed “Australia’s worst” – like this motel once plagued by a notorious reputation for drugs and crime – don’t pop up every day, especially on a giant block in Melbourne’s crowded inner north.

This boarded-up former motel-cum-rooming house, once described as a “slum”, “junkie city”, and “disgusting” by guests, has a drained pool and 30 ready-to-renovate rooms.

The StayInn Motel at 844-846 Sydney Road, Coburg North, just nine kilometres from Melbourne’s CBD, is for sale with price expectations of over $3.7 million.

 

Click on the link below to read the full article:

https://www.commercialrealestate.com.au/news/australias-worst-motel-the-stayinn-in-coburg-north-for-sale-for-3-7m-1410939/

 

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