Artarmon

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The ABC has signalled its proceeding with its proposal to sell its production site in Artarmon.

The public broadcaster has announced initial steps to “dispose” of the 14,000 sqm studios and production facility.

It is on Campbell St and Lanceley Place.

The likely listing follows a review of its property holdings across Australia.

The site, known as Studio 26, is used for various productions and contains a soundstage. 

The will seek leaseback arrangements for a period of time with the buyer.

The move will end the ABC’s presence on Sydney’s north shore after relocating its headquarters to Ultimo in 2003 from the Gore Hill studios, located next to Studio 26, that operated from 1956.

It is now the Gore Hill Technology Park with a data centre currently under construction on the corner of the Pacific Hwy and Broadcast Way.

Channel 9 closed its Sydney headquarters in Willoughby to relocate last year to North Sydney.

The Mirvac Group secured the landmark site last year in a deal worth about $227 million.

After the sale by Colliers International, Mirvac advised it intends to redevelop the site in accordance with the previously approved plans for 460 units across 10 buildings of up to nine storeys tall.

The vendors, Michael Jiang’s Lotus Capital and Hong Kong-based Euro Properties, had paid $147 million for the site in 2015.
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The public broadcaster has announced initial steps to “dispose” of the 14,000sqm studios and production facility

jchancellor

The ABC to proceed with proposal to sell its Artarmon production site

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An Artarmon apartment has sold at auction for $1,027,000, comprehensively exceeding the listed price guide of $850,000.
The home, at 40/8 Buller Road, features two bedrooms, one bathroom, and an internal garage.
There is 108 square metres of internal floor space, and Artarmon train station is 408 meters away.
The unit had not previously traded since 1988, at which time it sold for $145,000.
Artarmon's median unit price is $852,000.
Catherine Ong, from Laing+Simmons Artarmon, listed the property.
 
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