Mowbray College offers under consideration

Alistair WalshSeptember 19, 2012

Agents are still to secure any sale of the three campuses of Mowbray College, the Melton school in administration with $18 million of debts.

Fitzroys Agent, David Bourke, says there has been strong interest from education providers during the expressions of interest campaign which ended on September 14.

Bourke is selling the three campuses, two in Caroline Springs and one in Melton, along with CBRE agents Scott Orchard and Clinton Ramm.

Bourke says potential buyers were looking at purchasing the campuses in one line and individually.

“A number of parties have been shortlisted and we will be progressing this interest to formalise the sale of the campuses over the coming weeks,” Bourke says.

The campuses were listed for sale in August.

Alistair Walsh

Deutsche Welle online reporter

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