Latest Commercial Real Estate News

The 50-year home of Caulfield’s Southern Indoor Bowls Club has been rolled onto the market, with expectations it could fetch $9 million.

Buyers will need a hefty deposit to secure this Romanesque-style former bank in Brunswick, which the agent says could be the next Penny Black.

Sydney’s Darling Harbour is closer to having a new skyscraper, with a fourth $1 billion-plus tower for the Cockle Bay precinct winning the support of an independent planning panel after a redesign by partners GPT, Brookfield and AMP Capital.

A suburb-sized former bluestone quarry for sale in Melbourne’s southeast is set to dig up a price record and land its owners a multimillion-dollar windfall.

A property developer has paid a premium price for pub baron Justin Hemmes’s landmark property in Potts Point, Richardson and Wrench Elizabeth Bay agent Jason Boon has confirmed exclusively.

Under-pressure department store Myer could seek to hand back space at 15 shopping centres over the next four years, according an analysis by investment bank UBS.

Retailer Gerry Harvey is looking to offload more of his trophy assets, with the luxury Byron at Byron Resort & Spa hitting the market for the first time since the billionaire opened it in 2005.

A former CSIRO site is set to become Melbourne’s south’s latest major development, with the national research agency offloading a huge tract of Highett land that was once home to its laboratories.

Southeast Asian and Chinese buyers remain the biggest investors in Australian residential real estate despite tough, ongoing government restrictions on foreign ownership.