City fringe

Hundreds are expected to turn out for the auction of a Box Hill retail property as it is put on the block for the first time this century.

The revitalisation of the Oakleigh business district in Melbourne’s south-east looks set to gather pace, after the sale of another major development site.

The sale of Preston’s former Rivoli Theatre has been a slow motion production.

Woolworths will sell off a near-new West Australian shopping centre it opened just over a year ago, as the supermarket giant continues divesting a number of its recently-built retail assets. After offloading another WA centre …

A Ballarat investor has traded-in $6.05 million for an investment a little closer to the city, snapping up a property leased to a Jeep dealership.

Asian investment groups and local funds managers are tipped to chase buildings across Sydney’s suburbs this year with major centres including Chatswood and Parramatta on the radar.

Investors are expected to dine out on a Hungry Jack’s restaurant at Caroline Springs, which is expected to be the first Melbourne fast food freehold to change hands in more than two years.

The downturn in house prices is not stopping Chinese-backed developer Visionary from lodging development applications for a $1.1 billion four-tower residential, hotel and office complex project at Macquarie Park, which is slowly being transformed into a high-density urban centre.

The team at Magain Real Estate’s Reynella office have found a creative solution to an office graffiti problem.