That’s the speculation after Fairfax reports Watercress Productions has paid around $8.25 million asking price for a glass 1980s office building property at 121-127 High Street, Prahran. The site opposite Swinburne University’s Prahran campus is just metres from Chapel Street.
The three-storey 3540-square-metre building sits on a 1289-square-metre block with open-air car parking and was offered with vacant possession. It includes valuable ground-floor office space.
But upper levels could still be refitted as flats or townhouse-style multi-storey homes and there is still the possibility of extending upwards.
TV Tonight understands the next season in Albert Park is proceeding, despite media speculation that delays may see contestants relocate to the Prahran address.
If we get 3 Melbourne renovations in a row that could also risk being too Southern-centric for the show.