City fringe

A Box Hill industrial property lasted only hours on the market after an astonishing show of interest from investors.

A small news agency opposite Holmesglen TAFE in suburban Melbourne has fetched an astonishing $1.228 million, sending the yield plummeting to just 1.3%.

A nine-hole golf course has been listed for sale at Windsor, overlooking the Hawkesbury River.

Amazon has confirmed plans to set up a fulfilment centre in Melbourne’s southeastern suburbs as it pushes ahead with rolling out its full retail operation in Australia. This article originally appeared on theaustralian.com.au/property.

A property fund run by sector stalwart the GPT Group has made one of the most expensive shopping mall investments in Australia’s history, snapping up a 25% stake in Melbourne’s Highpoint Shopping Centre, in a $680 million purchase from the city’s wealthy Besen family. This article originally appeared on theaustralian.com.au/property.

Victoria’s Country Fire Authority headquarters is on the market, in one of 2017’s largest suburban office offerings. The three-level office building in Burwood East has been home to the CFA since 1990 and is expected to …

A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on theaustralian.com.au/property.

Another towering residential development is a step closer in Melbourne boom suburb Box Hill, with a developer paying almost $50 million for a site with permits in place. Local developer CBD Development Group trumped overseas buyers …

The owners of Brighton culinary institution The Pantry will open a second eatery just metres away, after leasing a new space. What form the new cafe and restaurant takes at the upmarket bayside Melbourne suburb is yet to …