The University listed the campus for sale in August 1999 along with another Kew site at the corner of Carson Street and Studley Park Road.
At the time, the Madden Street campus land areas measured 4973 square metres, stretching from 2 – 12 Madden Grove.
Now, a 3502 square metre block, 6 – 12 Madden Grove is being offered for sale by a local private investor.
Gross Waddell directors Andrew Greenway and Andrew Waddell are expecting about $9 million for the site which is being sold with plans to refit the existing building into a 25-unit apartment complex with a potential end value of $40 million or more.
The former school campus is near the prominent Carmelite Monastery, home to Carmelite nuns since 1929.