Inner City Commercial Property News

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

Former Victoria Police HQ sold again as apartment projects struggle
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Former Victoria Police HQ sold again as apartment projects struggle
Office investors are swooping on sites around the country that were once destined to become apartment developments, with the latest play on St Kilda Rd likely to end hopes of a luxury block designed by the late star architect Zaha Hadid being built.
John Singleton seeking $25m for Balmain’s Unity Hall Hotel
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John Singleton seeking $25m for Balmain’s Unity Hall Hotel
Businessmen John Singleton and Geoff Dixon have called last drinks at Balmain’s iconic Unity Hall Hotel, following a decision to sell the pub.
Holocaust survivors’ Bondi kosher butcher has $10m hopes
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Holocaust survivors’ Bondi kosher butcher has $10m hopes
The site of Sydney’s first kosher butcher’s shop — set up by Holocaust survivors — is set for auction with $10 million price expectations.
40-year wait over as Potts Point’s former La Strada premises hits the market
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40-year wait over as Potts Point’s former La Strada premises hits the market
The former La Strada premises in Potts Point have been listed for sale by Giovanna Toppi, the restaurant family matriarch.
Lendlease reaps $100m from sale of two renowned Sydney buildings
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Lendlease reaps $100m from sale of two renowned Sydney buildings
Two Asian-backed investment groups have tied up deals to buy two of Sydney’s most distinctive buildings, with developer Lendlease reaping more than $100 million from selling the Kengo Kuma-designed The Exchange at Darling Square and a hospitality complex on Barangaroo South’s waterfront to separate parties.
Heavyweights lead race to build Sydney’s Waterloo Metro Quarter
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Heavyweights lead race to build Sydney’s Waterloo Metro Quarter
Heavyweight pairing Mirvac and John Holland are leading the race for Sydney’s next over-station development, with the pair favoured to win the Waterloo Metro Quarter project.
Investor banks $20m in Manly Westpac branch
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Investor banks $20m in Manly Westpac branch
A Sydney-based investor has paid $20.2 million for the Westpac bank branch in The Corso in Manly.
Malaysian developer to transform Pyrmont apartments into boutique hotel
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Malaysian developer to transform Pyrmont apartments into boutique hotel
Malaysian entrepreneur Boon Lee Tan is tapping into the lack of inner-city Sydney hotels, developing a boutique property in Pyrmont branded as a Cititel X via the conversion of an existing serviced apartment complex.
Kew land up for grabs again as $16m sale falls through
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Kew land up for grabs again as $16m sale falls through
A parklike block of land in Kew that sold for $16 million last year is back on the market after the sale fell through.
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