Savills News

ABC Puts Elsternwick Studios on the Market

The property comprises offices, storage facilities and some of the ABC’s Melbourne television studios.

The ABC has put its Selwyn Street, Elsternwick property on the market through Savills Australia. The property comprises offices, storage facilities and some of the ABC’s Melbourne television studios, which have produced iconic Australian television productions.

The corner site of 6,155 square metres is located just nine kilometres from Melbourne’s CBD.

It is zoned Mixed Use, includes six titles and has frontages to Selwyn Street (110 metres) and Sinclair Street (41 metres) as well as the use of a rear laneway.

The onsite buildings total approximately 5,000 square metres and include a two level office, several warehouses and a two level carpark.

The site is within 100 metres of Elsternwick station, trams and retail facilities along Glen Huntly Road, while recreational reserves and several schools are all within one to two kilometres.

Given its attributes, Savills State Director, Clinton Baxter, who is marketing the property with Jesse Radisich and Nick Peden, said the property would undoubtedly attract a great deal of attention.

“This is one of those exceptional properties which very rarely hits the market. In this case favourable Mixed Use zoning, abundant surrounding amenity including retail, public transport, bay beaches, and numerous prestigious schools, are coupled with a levelled site with superb access from several street frontages,” Mr Baxter said.

“The existing buildings date back to the 1950s and offer a wide range of potential uses in what is one of the best and most highly credentialed development locations in Melbourne,” Mr Baxter said.

The offices, storage facilities and studios will be decommissioned next year as the productions move to its new facility at the ABC studios in Southbank.

The property will be sold following an Expressions of Interest process, closing on Tuesday 6 December, 2016.

Recommended articles