Inner City Commercial Property News

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

Heritage ruling next for $280m redevelopment of listed tea house
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Heritage ruling next for $280m redevelopment of listed tea house
Developer Costa Fox’s proposal to redevelop a heritage-listed tea house in Melbourne has been granted a planning permit as the $280 million project passes the first stage of approval.
Collingwood site dispute dials up financial pressure on Grocon
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Collingwood site dispute dials up financial pressure on Grocon
The storied Grocon construction empire is once again being pushed to its financial limits with the company dogged by a dispute at a building site in Melbourne’s inner-city suburb of Collingwood.
Auschwitz survivor selling entire block of Bondi beachfront flats
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Auschwitz survivor selling entire block of Bondi beachfront flats
Auschwitz survivor Freda Feuerstein’s block of flats overlooking Bondi Beach cost £11,000 in 1958. Now they’re set to go under the hammer with a $12 million price guide.
South Melbourne’s Emerald Hotel up for grabs for first time in 48 years
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South Melbourne’s Emerald Hotel up for grabs for first time in 48 years
The site of South Melbourne pub and horse racing institution The Emerald Hotel has hit the market for the first time in almost half a century.
Kirribilli waterfront site smashes reserve by $4.8m
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Kirribilli waterfront site smashes reserve by $4.8m
A landmark waterfront estate at Kirribilli has sold under the hammer for an eye-watering $19.8 million – $4.8 million above the reserve price – and the biggest auction result across Sydney’s wet weekend.
Dexus nets $273m from North Sydney office block sale
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Dexus nets $273m from North Sydney office block sale
Property group Dexus is backing up its claim that office values will hold, selling a North Sydney office block for $273m, just above its book value.
Tee up an investment in a Holey Moley golf venue
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Tee up an investment in a Holey Moley golf venue
Why merely test your mini golf skills at popular entertainment venue Holey Moley when you can own the building that houses one? But that’s not all that’s on offer at this property at Newtown in …
Barangaroo battle puts pressure on Grocon
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Barangaroo battle puts pressure on Grocon
Melbourne builder and developer Grocon has cited the corona­virus crisis and a legal dispute with the NSW government over the multi-billion-dollar central Barangaroo precinct as pushing its operations to the limit.
Melbourne’s iconic Festival Hall bought by Hillsong Church
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Melbourne’s iconic Festival Hall bought by Hillsong Church
The Hillsong Church has purchased iconic Melbourne music venue Festival Hall for a whopping $23m.
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