The Australian order of the Royal Antediluvian Order of Buffaloes (RAOB) has paid $1.6 million for a new headquarters at a prominent corner in Melbourne’s south-east.
A public campaign recently concluded by Fitzroys agents Chris Kombi and Mark Talbot fielded interest from investors, owner occupiers and “value adders”. The Commercial 1 zoned site sits on a 347 square metre block.
RAOB recently banked $6.25 million selling a century old CBD building, 22 Sutherland Street, which had served as its headquarters since 1954.
“Global charity organisations with 580 years of combined history have traded a landmark Caulfield South corner site which will become the new headquarters of the RAOB,” Fitzroys said.
The RAOB was established in the United Kingdom in 1822 and remains one of the largest fraternal organisations in the country, the agency said.
“It was created by artists, comedians, stage hands and theatre technicians as a Club for working class males and bears the motto, ‘no man is at all times wise’”.
Following the establishment of an Australian order in the early 20th century, the Club has donated moneys to charities including Make a Wish Foundation, National Breast Cancer Foundation, the Heart Foundation and Aussie Helpers.
The RAOB’s new headquarters contains 290 sqm of building area near to immediate parking, public transport along both Glen Huntly and Hawthorn roads, and to both the Elsternwick and Glen Huntly train stations.