Here we go ... this is certainly a significant site, and without direct heritage impact (unless you consider the "...unparalleled protected views over UNESCO world heritage listed Carlton Gardens" an issue in terms of the WH buffer zone). I always find it amusing when real estate agents and developers spruik up the benefits of proximity to heritage sites. Anyway, the site clearly has potential for something of significance - one for the skyscraper fans?
After years of stagnation in the Geelong hotel sector, Victoria's second city will soon welcome a new hotel as Franzé Developments unveils its intentions to turn a Geelong CBD site into new short stay accommodation. Acquired for $7 million and spanning 2,700sqm, the site located at 44 Ryrie Street was purchased off market.