Media Release – Decision on sale of Peter Knight Centre reached

A decision in regards to the sale of 6-8 Claremont Street South Yarra, otherwise known as
the Peter Knight Centre and the home of the Victorian AIDS Council, was made tonight. This sale has been
a long process, guided by staff, board and membership consultation in order to gain the greatest benefit
for VAC and the communities VAC serves. The site has sold for $14,600,000 to Glorious Sun Enterprises
Limited, who will be establishing a residential apartment complex. VAC has a two year lease back option
on the site to allow the organisation to take the time to consult with its communities and funders about
possible future locations.
“The Peter Knight Centre has faithfully served as home base for VAC for twenty years; it’s been a safe place
for VAC and many other organisations to work and grow from and has seen many changes, both inside and
out.” Said Greg Carter President of VAC “The decision to sell and move on to a new location was not made
lightly, but with changes in the local landscape and with the benefits that can be gained from the sale it
was judged, in lengthy consultation, to be the right time for this move.“
“Twenty years ago VAC moved from our old site in Collingwood to the Peter Knight Centre. Then, just as
now, our organisation and its needs have grown and changed to the point where a new space is needed to
facilitate the work we are doing” Said Simon Ruth CEO of VAC.
Further information about sale of 6-8 Claremont Street will be forth coming in the near future.