Inner City Commercial Property News

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

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.
Collingwood brothel hoping to finally get lucky
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Collingwood brothel hoping to finally get lucky
A fresh campaign is hoping to attract buyers to a Collingwood brothel that has been unlucky in love on the market.
Perth brothel owners open to offers
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Perth brothel owners open to offers
Owners of a Perth brothel are seeking “bang for their buck” after listing the freehold property for sale.
Prahran UltraTune site to rev up Burgess Rawson auction
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Prahran UltraTune site to rev up Burgess Rawson auction
A high-profile Prahran auto service centre, two metro Melbourne orthodontic clinics, a Target store, multiple government-leased office complexes and a name synonymous with regional hardware will all be up in lights as part of Burgess Rawson’s latest Investment Portfolio campaign.
Sydney’s Central Park offers retail section for $170m
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Sydney’s Central Park offers retail section for $170m
Singapore’s Frasers Property Australia and Japan’s Sekisui House are looking to defy gloom in the retail property market by selling the retail component of their $2 billion mixed-use Central Park development in Sydney.
Local buyer beats Hong Kong raider to Toorak shop
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Local buyer beats Hong Kong raider to Toorak shop
A fly-in Hong Kong investor swooping on a Toorak shop has been pipped at the post.
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