This article is from the Australian Property Journal archive
THE Glenvale School’s Melton secondary college campus in Melbourne’s west has been put to the market, to be vacant following the end of the 2018 school year.
The campus incorporates a private, fully accredited school property for years three to 12 on an 8,624 sqm site. It is home to 11 school classrooms plus a self-directed learning centre, and full support facilities totalling around 1,716 sqm.
Colliers International’s Charles Kennedy and Stephen Ryan are marketing the 1-3 Killarney Drive property via expressions of interest.
Kennedy said the property offers an impressive collection of buildings well suited to current academic practices, with modern state-of-the-art IT services allowing it to connect its data and video stream for cloud-based teaching to any campus location.
The campus currently supports 160 students and 22 staff, with cloud-based platforms to 35 network locations across Australia.
Kennedy said the school campus has been outgrown by its current occupants.
“While the property is ideally suited to another school looking to expand into this growth corridor location, we have sold a previous site for Glenvale that was acquired by a not-for-profit group seeking similar campus facilities,” he said. “It could be also be redeveloped to suit a variety of other uses such as childcare, retirement living, or as a training and education facility for a non-profit as well as potentially an Independent Living Campus for NDIS recipients (STCA).”
Ryan said that with new nearby suburbs of Mount Atkinson, Thornhill, Atherstone, Woodlea and others flourishing, there continues to be massive residential growth in this location making it an ideal opportunity to for an operator to walk straight in to an existing facility that requires no further work, or for a purchaser to re-develop for their own specific requirements.
The Glenvale School is run by the Exclusive Brethren, also known as the Plymouth Brethren Christian Church. Two years ago, the organisation put former church sites in Werribee and Ferntree Gully to the market.
It sold off a Glenvale school campus on an 880 sqm site in Lytton Street, Glenroy in 2013 after obtaining a permit for a townhouse development.
Australian Property Journal
