The school community had organised street marches and a petition with more than 7500 signatures in a bid to keep the school open.
But this has failed to sway Mrs Tolley and the school will now merge with Macandrew Intermediate on the Macandrew site to form a years 1-8 primary school.

These three schools will become one full primary school on the site of the present Caversham School, with a second campus at Calton Hill.
Mrs Tolley cited declining pupil numbers in a statement explaining the decision.
She said boards of trustees would shortly be appointed to the merged schools "to guide the school communities through this time of change."
It is expected the changes to schooling in South Dunedin will be in place for the 2012 school year.