Property developers Valad and Charter Hall are said to be in the running for the lucrative 3ha site, said to be worth $150M.
Valad is understood to have agreed to also buy the two television towers at Willoughby and will deal with them in the future.
Nine is expected to move to Redfern, future home of Channel Seven.
Next up will be a decision on the buyer of the GTV9 site in Melbourne. The Richmond 1ha site is believed to be worth $80M. Nine is likely to relocate to the Docklands.
Source: Sydney Morning Herald