Inner City Commercial Property News

Inner city commercial property news, commercial real estate market data, business news and insights.

News
Marathon auction as two-in-one Richmond cafe and house sells
A Richmond shop and house combo was at the centre of a marathon auction with multiple buyers pushing the price more than $150,000 past reserve. 
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Former Northside Clinic site has $30m price tag
Ramsay Health Care are eyeing a $30 million payday with plans to sell their first Australian and former flagship Northside Clinic in Greenwich.
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Dennis Denuto’s ‘The Castle’ office for sale
It’s justice, it’s law, it’s the vibe — and it’s a slice of Aussie film history.
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$32m sale: Kings Way office could become 12-level development
Melbourne commuters who use Kings Way will almost certainly recognise this landmark office.
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Abbotsford’s former Weston’s Biscuits factory crunched for $37m
An Abbotsford property that was once the Weston’s Biscuits factory and is now home to an Australia Post depot and Honeywell has sold for more than $37 million.
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Syrian investor buys Little Albion Guest House
The internationally backed hotelier Crystalbrook Collection has made its first foray into Sydney, buying the 35-room Little Albion Guest House in Surry Hills for an aggressive price of about $30 million.
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German fund buys Canberra’s Maddocks House
German fund manager Real I.S. has swooped on an office complex in Canberra’s government district, picking up Maddocks House for $29 million.
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Mapletree leads race for major Chatswood tower
The strong appetite for Sydney’s suburban office towers has been put on display as Singaporean group Mapletree Investments leads the race to buy RF CorVal’s Chatswood tower for about $150 million.
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South Melbourne beauty the latest Emerald Hill offering
A shop and residence in South Melbourne’s Emerald Hill Estate is the latest in the heritage-listed precinct to hit the market, with expectations it, too, will fetch millions. The property at 336 Clarendon St and …
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