A newly developed 4-star hotel is being offered to market within one of the largest mixed-use developments, TRIO, in the heart of Melbourne’s Box Hill. Located between levels two and six of the TRIO precinct, the prime TRIO Hotel represents a strategic investment opportunity to acquire a newly completed hospitality asset in one of metropolitan Melbourne’s most dynamic and fastest-growing commercial and lifestyle hubs.
Located at 851 Whitehorse Road, Box Hill, the hotel comprises 128 brand-new rooms ranging in size from 24sqm up to an expansive 43sqm, including six suites. All rooms overlook Whitehorse Road or Wellington Road, offering visitors a space to wind down while enjoying views of the Melbourne skyline.
The hotel offers a suite of amenities available for guests to indulge in a deluxe stay, including a multi-purpose fitness space, a heated indoor swimming pool, a jet lounge, a sauna and a steam room, designed to cater to the needs of modern travellers, professionals, and families.
Being sold as a base-build condition with rooms completed, the hotel allows the incoming purchaser full flexibility to customise the FF&E, fit-out and finishes of public areas to suit their preferred brand, design aesthetic, and operational strategy. This approach enables a wide range of value-add opportunities, including bespoke positioning, branding alignment, and tailored guest experiences.
Box Hill is home to two of Victoria’s largest hospitals, Epworth Eastern Hospital and Box Hill Hospital, and over 40,000 students annually across a range of education institutions, from childcare and primary school to tertiary education.
Benson Zhou, Director of Hotels at Savills Australia and New Zealand, said, “Box Hill continues to be Melbourne’s fastest-growing metropolitan suburb recognised as the second Melbourne CBD, with most major developments already having received planning approval. The local hotel market remains strong, supported by a significant and active Asian community and a strong pipeline of demand for accommodation and services.”
The outlook of the tourism industry remains optimistic, with the recent Federal Budget allocating millions of dollars of operating budget to Tourism Australia to drive international visitation and promote Australia as a destination for leisure and business events travel.
Nick Lower, National Director of Hotels at Australia and New Zealand, commented, “This is an exceptional opportunity to acquire a newly developed 4-star hotel with the benefit of scale, strategic positioning and future upside.
“It’s rare to see a hotel of this calibre and quality come to market with brand-new rooms, premium amenities, and a location within one of Melbourne’s most sought-after investment destinations. Given the direct access to major transport interchanges, a highly skilled workforce, and a rapidly growing local economy, this asset is set for strong performance and offers a secured income stream for buyers.”
Speaking on the opportunity, Mark Durran, Managing Director of Hotel Capital Markets at Savills Australia and New Zealand, remarks, “This hotel is positioned to benefit from Box Hill’s growing profile as a commercial and healthcare destination and as a key node for domestic and international visitation. With major hospitals, education facilities, and transport infrastructure all within walking distance, it’s a compelling long-term investment opportunity forinvestors.”
TRIO comprises three highly integrated buildings that deliver a combination of residential apartments, senior living, hotel accommodation, retail, dining, lifestyle and corporate suite options, redefining the next generation of mixed-use development.
Conveniently situated at Box Hill, the brand-new hotel directly connects to transport with trains, trams and buses within walking distance and the freeway just a short drive away. Boutique shopping precincts, green parks and gardens are at the doorsteps.
The Expression of Interest closes at 2pm (AEDT) on Wednesday 22 October 2025, with offers expected upwards of $30m.
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