Development site

The race for a key land parcel in Melbourne’s CBD that could sustain a multi-billion-dollar development has kicked off with the Andrews government asking for expressions of interest to develop the vacant transport land known as The Treasury Square site.

Any lingering market reservations were dispelled with the sale of the Box Hill Motel for $1.95 million above initial forecasts.

A Ferntree Gully development site looks set to snare a record price when it goes to auction on October 12.

A second major developer is walking away from multimillion-dollar investments in Ingleside as plans for rezoning the suburb drag on.

It looks like your every-day shop front from the outside. But step inside Semaphore’s first Apothecary to discover a property nothing short of the ordinary.

The sky is no longer the limit when it comes to Sydney real estate – property owners in the CBD are making millions selling air.

A parklike block of land in Kew that sold for $16 million last year is back on the market after the sale fell through.

Investa Property Group has laid the foundations to develop a new premium office tower in Melbourne by snapping up a car park behind its 567 Collins Street complex in a major deal.

Forget pumping petrol, a raft of service station owners are pumping up the profits by selling their land to developers.