The University of Tasmania has accepted an offer for the sale of the current home of the Conservatorium of Music.
Fragrance Tas-Hobart (Sandy Bay) Pty Ltd has signed a contract to purchase the site on Sandy Bay Road, Hobart.
University Chief Operating Officer David Clerk said the building sale came about as part of the delivery of the University’s vision of a new cultural and performing arts complex at The Hedberg. The $96 million project is being realised in partnership with State Government and the Theatre Royal.
The Conservatorium will lease back its current home from the purchaser for the next three years, until The Hedberg is complete.
The Hedberg is due for completion in 2019.
Published on: 19 May 2017 3:51pm