Ovolo Acquires Somerset Gordon Heights in Melbourne

Hong Kong-based Ovolo Group has acquired Somerset Gordon Heights for A$11.7 million from Ascott.

Ovolo plans to renovate and refurbish the property before re-opening later this year, offering guests the choice of daily or monthly accommodation options.

The project is Ovolo’s first international expansion.

Located in Little Bourke Street in Melbourne’s CBD, the property has 43 apartments, ranging from studios to 1 and 2-bedroom units as well as 3 penthouses with terraces overlooking the city.

The property is just a stone’s throw from the “Paris end” of Melbourne and a host of trendy eateries, and is in close proximity to Chinatown and just a 100-metre walk to Parliament House. 

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