QUEENSLAND-born developer and fund manager FKP has quietly listed another major CBD asset for sale.
FKP, which recently relocated its headquarters to Sydney, can expect some $35 million, sources say, for the fully-leased office at 399 Lonsdale Street.
The 10-storey building, on the south-west corner of Hardware Lane, was developed in 1986 and fully refurbished in 1993 and 1997. It includes 10,176 square metres of office space, and is fully leased to education service provider Taylors College.
In recent years, the top of the city has become a private education service hub. Last March, education entrepreneur Shesh Gale, owner of the Melbourne Institute of Technology, paid $15 million for the historic Argus building at the north-west corner of La Trobe and Elizabeth streets, which will reopen as a school after a refurbishment.