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Monash Uni snaps up Telstra, CSIRO sites opposite Melbourne campuses

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Melbourne’s Monash University looks set to boost its healthcare and life sciences credentials after acquiring two large sites opposite its Clayton and Parkville campuses from Telstra and the CSIRO.

In Clayton in the city’s south-east, the university has paid about $30 million for a 2.3ha site at 762-766 Blackburn Road offered for sale by Telstra.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/commercial/monash-uni-snaps-ups-telstra-csiro-sites-opposite-melbourne-campuses-20230704-p5dlkm