Development site

A Melbourne investor is expected to go to council to reactivate development plans previously approved for Geelong business identify Michael King after securing the site recently.

Hoteliers and gaming magnates the Zagame family have made a major play in Melbourne’s office and development site market, snapping up the Australian Education Union’s former Victorian branch headquarters in Abbotsford.

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.

Dozens of development sites in Sydney, Brisbane and Melbourne, some large enough for 600-unit apartment towers, are hitting the market as Chinese developers plagued by poor buyer appetite and lack of finance are forced to sell.

Local property developer Landream has snapped up a major development site in Sydney’s inner-city Pyrmont that can accommodate a landmark mixed-used project that could have an end value of more than $1 billion.

Gisborne’s iconic Gardiners Garage could be destined for the wrecking ball.

One of Tamworth’s longest standing and most historic worker’s pubs could be shutting off its taps for good, with the Locomotive Hotel on the market and drawing interest from developers.

Melbourne’s first self-serve market is providing buyers and browsers with an opportunity to check out a slice of history in Brunswick.