Latest Commercial Real Estate News

The substantial freehold property that’s home to an inner city childcare centre is being eyed off as a potential development site in Geelong.

From water parks, go-karts and laser tag, to bowling, game arcades and trampoline parks, leisure facilities in the right location can pay dividends for owners with vision.

The ‘influencer effect’, which has seen Byron Bay’s house prices skyrocket in recent years – is now being felt in the commercial property sector, according to real estate professionals.

The chance to add Harpers on the Beach to their portfolio was an opportunity too good to miss for these overseas-based buyers.

Sellers of Perth CBD’s London Court have been swamped by enquiries after the precinct was listed for sale for the first time in 70 years.

Searches to buy and lease commercial property returned to positive growth last week and remain well above last year’s levels. ‘For sale’ searches on realcommercial.com.au increased by 0.5% over the past week, with strong growth …

The expectation that it could be several years before Australia sees inbound tourism back at pre-pandemic levels could lead some luxury retailers to reduce their physical footprint over the next 12 months and beyond.

The double-storey Backpackers in Paradise hostel will go under the hammer after more than 35 years, with any future development having no height restriction.

The Intercontinental Hotel Double Bay, where Princess Diana stayed in 1996 and Michael Hutchence was found dead a year later, has sold for around $180m to an apartment developer.