101-103 Drummond Street, Carlton, Vic 3053

Colliers, under instruction from Unified Property Services as transaction manager, are pleased to present Cydelia House, 101-103 Drummond Street, Carlton for sale via expressions of interest closing Thursday 22nd October 2026 at 2pm (AEDT).

An amalgamation of two historic freehold buildings, Cydelia House is a part of Drummond Terrace, one of Melbourne’s iconic Victorian-era Terraces situated on the doorstep of the Melbourne CBD. Having been refurbished in 2016-17 as a boutique purpose-built student accommodation (PBSA) offering, the property offers 20 self-contained accommodation rooms, communal living, dining, study and kitchen areas, outdoor congregation areas and on-site parking, accessed via Mission Place at the rear of the property.

- High-quality student accommodation fit out featuring 20 individual rooms, 16 of which are self-contained.
- Potential to Develop Additional Units (STCA).
- Suit Owner-Operator, Investor, or alternate living outcomes (BTR, co-living).
- Superbly located amongst world-class education institutions, namely University of Melbourne and RMIT.
- Exceptional accessibility with Metro Tunnel & City Loop Train Stations all within 850m*.
- 719sqm* mixed-use landholding.
- On-site parking via Rear ROW.

Located on Drummond Street between Queensberry & Pelham Streets, Cydelia House is within close proximity to both the University of Melbourne & RMIT, the UNESCO heritage-listed Carlton Gardens and Royal Exhibition Buildings, and world-class medical precincts in Parkville (Royal Melbourne, Women’s, and Children's Hospitals) and East Melbourne/Fitzroy (St Vincent’s, Eye & Ear, and Epworth Freemasons Hospitals).

For further information, please contact the Colliers agents below as the exclusive selling agents: 

Alex Browne | +61 418 350 545 | alex.browne@colliers.com
Matt Stagg | +61 409 411 300 | matthew.stagg@colliers.com