Inner City Commercial Property News

The sad saga of the site of St Kilda’s much-loved-but-lost Greyhound Hotel has entered a new phase with the search for its next owner.

A discerning Melbourne homebuyer has picked up a vintage slice of Carlton North culture after thinking it would sell for more than they would have paid for it.

The once gloomy fringes of Australia’s biggest cities are proving a lure… for hipsters. 

The number of forced commercial property listings has spiked in Melbourne, driven by lower confidence in the retail sector and a series of residential developers collapsing into administration.

Melbourne property investors have got their eyes on Tasmania and they have recently nabbed a few key assets.

Property funds group Centuria has snapped up an office block in Brisbane’s Bowen Hills for $65.4 million as it bolsters its unlisted diversified vehicle.

One of North Adelaide’s best-known buildings has returned to the market for offers over $2 million, after failing to sell at its hour-long auction.

Wealthy investors are putting up their capital to bet against the prevailing gloomy sentiment about retail property even as some local institutions adopt a cautious stance towards the under-pressure sector.

Asian logistics and office giant ESR has put a $50 million office block in the western Sydney hub of Liverpool up for sale as it recycles some assets it picked up from taking Propertylink private last year.