Office site could fetch $70m in Sydney’s tech precinct We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement A private investor is testing the market with a commercial campus that has been used for media and broadcasting education purposes in the heart of Sydney’s new city fringe tech precinct. The 7-storey office and now campus at 39-47 Regent Street, Chippendale is tipped to generate prices of around $70 million, although the sales agents at JLL, IB Property and Karbon Property, declined to comment. The building is 100 per cent occupied on a long-term lease to SAE Institute of Australia a subsidiary of Navitas, and owned by a Melbourne-based investor who bought the property for $38 million in July 2017.