The purchase is part of the university’s strategy to provide at least 2,000 new student beds by 2020.
The site comprises an 11-storey tower at 303-305 Royal Parade and five terrace houses at 80-90 The Avenue.
Surrounded by parklands, the sites will provide safe, affordable and good-quality residential student accommodation within walking distance of the Parkville campus.
Once redeveloped, they will provide an extra 200 to 300 beds, potentially by as early as 2016.
The University of Melbourne’s Senior Vice-Principal Mr Ian Marshman said the purchase was in line with the university’s ambition to offer a student experience of unmatched quality.
“Securing these buildings is about more than increasing the university’s volume of student beds. They will support its central educational, engagement and equity mission,” he said.
“Affordable student housing is essential to the student experience, and the cost of accommodation is one of the key factors adversely affecting it. These new facilities will further the university’s reputation as an internationally outstanding institution at which to study and work.”
Mr Marshman also thanked the Salvation Army for choosing to sell its property to the university.
“This was a rare opportunity to secure an appropriate property near the Parkville Campus, and we thank the Salvation Army for supporting our students and the university in selling it to us,” he said, adding that their decision will benefit generations of future students.
About the University of MelbourneThe University of Melbourne is arguably Australia’s most reputable higher education institution with a tradition of excellence in research and teaching. Students from Canada choose Melbourne due its high ranking among the best universities in the world. Canadians also enjoy its downtown campus location in the beautiful city of Melbourne as well as the beauty of this sandstone campus.
Popular schools at University of Melbourne:
- Melbourne Medical School
- Melbourne Dental School
- Melbourne Law School
- Melbourne Veterinary School
- Melbourne Business School
- Melbourne Physiotherapy School
- Melbourne Teachers College
- Melbourne Optometry School
- Melbourne Nursing School