Latest Commercial Real Estate News

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War of words over future of Hobart’s Elizabeth St Pier
Labor and the Greens have called on the Government to consult with Tasmanians before selling off Hobart’s Elizabeth Street Pier to help fund development at Macquarie Point.
Charter Hall parts ways with Bank of Queensland HQ for $250m
The listed Growthpoint Properties Australia has snapped up the Bank of Queensland headquarters building in Brisbane from two Charter Hall funds for $250 million.
Foreign investors circle Brisbane assets
The Queensland capital is drawing international investors, with Singapore-based ARA Asset Management and US funds manager Heitman believed to be positioning to carve up the $200 million Quadra Pacific office portfolio.
Dreamy QLD backpackers offers beach for your buck
Ocean views don’t come much more unspoiled than at this Magnetic Island backpackers. And the prime slice of securely-leased beachside paradise could be yours, with the property now on the market. The Queensland property at …
Nab a beachside bank in popular holiday spot
A bank on a Rosebud strip dubbed the “Golden Mile” is on the market, offering a rare Mornington Peninsula beachside opportunity. The NAB-leased property at 1053-1055 Point Nepean Rd will be auctioned on December 7, …
Notorious former Bubbles Bath-House brothel sells
It was once the site of Brisbane’s notorious Bubbles Bath-House, illegal casino and massage parlour, and was a key location during the Fitzgerald Inquiry. Now it is a popular steakhouse known as Les Bubbles, a …
Bunnings and supermarket trio on show at anniversary auction
A site leased to Bunnings, three supermarkets, two service stations and a Harvey Norman outlet are among a deep list of properties that will go under the hammer as commercial agency Burgess Rawson celebrates its 125th investment portfolio auction.
Service firms zero in on Geelong Quarter
Legal, accounting and other Geelong professional services businesses are in talks with developers about leasing in the first commercial office tower on Ryrie St in 10 years.
Urban Taskforce reveals high-rise vision for Pyrmont
Sydney’s CBD should be extended into Pyrmont to shore up the city’s globally competitive position, according to developer lobby group Urban Taskforce. The group’s CEO Chris Johnson said the regeneration of Darling Harbour, proposed 61-storey …
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