Victoria University pays around A$5.36 million annually for rental and outings. The tenancy, expires in October.
Hotel Grand Central (HGC) has reached an agreement to sell a commercial office building in Melbourne for A$80.8 million ($77.1 million).
The property – which is located at 300 Flinders Street – was purchased in 2013 in 2013 with a 7-year lease to the then-vendor Victoria University for A$51.5 million (including stamp duty.
