Inner City Commercial Property News

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

Hemmes opens up on Potts Point sale
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Hemmes opens up on Potts Point sale
Pub baron Justin Hemmes has opened up to the Wentworth Courier exclusively about why he sold an iconic Potts Point site, owned by his famous family for 31 years for more than $13 million.
Buyers buzzing over Fitzroy shop’s unique interior
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Buyers buzzing over Fitzroy shop’s unique interior
An eclectic Fitzroy shopfront with an intriguing interior has appealed to a “mixed bag of buyers”.
Could old Brunswick bank become the next Penny Black?
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Could old Brunswick bank become the next Penny Black?
Buyers will need a hefty deposit to secure this Romanesque-style former bank in Brunswick, which the agent says could be the next Penny Black.
Property developer snares iconic Potts Point building
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Property developer snares iconic Potts Point building
A property developer has paid a premium price for pub baron Justin Hemmes’s landmark property in Potts Point, Richardson and Wrench Elizabeth Bay agent Jason Boon has confirmed exclusively.
Former Pink Palace brothel’s stunning future unveiled
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Former Pink Palace brothel’s stunning future unveiled
A former South Melbourne brothel is looking for love as a luxury new apartment tower.
St Kilda Rd hits jackpot again with $95m tower sale
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St Kilda Rd hits jackpot again with $95m tower sale
Melbourne’s hot St Kilda Road precinct is readying for its latest benchmark sale, with a Hong Kong group in the final stages of buying a tower from funds manager Vanguard Property Investments for about $95 million.
Home of Brunswick East tailors to stitch up sale
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Home of Brunswick East tailors to stitch up sale
Buyers have been pulling up their sleeves at Carbone Master Tailors for decades.
Collingwood’s first major hotel plans revealed
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Collingwood’s first major hotel plans revealed
Collingwood could soon have its first major hotel, cementing a turnaround for a suburb once known for its drug culture.
Record deal finally sealed for Manly’s Hotel Steyne
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Record deal finally sealed for Manly’s Hotel Steyne
Manly’s Hotel Steyne has a new owner, who has reportedly paid a “record price” of between $60 and $80 million for the iconic pub.
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