Development site

Chinese-backed developer Poly Australia has secured its first acquisition in Queensland and has unveiled plans for a major residential project in the Brisbane suburb of Ascot.

A former primary school site is about to deliver an eight-figure windfall to the state government in an upcoming sale to developers.

Griffith University has acquired the first large development site in the former Commonwealth Games Athletes Village on the Gold Coast for an $80 million facility that will specialise in design and manufacturing.

It pays to buy and hold onto neighbouring properties, as one patient Wantirna seller is about to find out.

Unit giant Meriton has joined the ranks of Sydney developers forging into Melbourne but its entry is taking a twist with the company planning to build a serviced apartment project rather than sell flats in the sluggish market.

The Nine Network’s Willoughby studios is back on the market — two months after receiving approval for a 460-apartment development.

A sale of Glenorchy’s answer to Macquarie Point is likely to attract national and international interest, the Property Council says.

Often providing annual savings that run into the tens of thousands, commercial property depreciation deductions are too good to miss.

Serviced apartments, student accommodation and offices are some of the proposals from potential buyers circling the former headquarters of the Geelong Advertiser.