RBA looking to offload Melbourne office

RBA looking to offload Melbourne office
RBA looking to offload Melbourne office

The Reserve Bank of Australia has quietly called for tenders from real estate agents to sell its Melbourne offices.

It is a B-grade, 15-storey tower on the corner of Collins and Exhibition streets.

No agency has yet been chosen, Fairfax Media reported.

The Bank now occupies only 10% of the building.

Reserve Bank staff occupy about 300 square metres on the top floor of 60 Collins Street.

All tenants in the building occupying the remainder of the 12,000 square metres of lettable space have been notified in writing of the forthcoming sale.

The building contains a high security strongroom vault used for storing gold bullion and exchanging bank notes which has now been transferred to a newly built facility the bank’s note printing works in Craigieburn on the Hume Freeway on Melbourne’s outskirts.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Melbourne CBD

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