Inner City Commercial Property News

A Paddington property with four separate streams of rental investment income has hit the market.

Sydney’s Green Square Library has been recognised for its visionary design with an award that marks it as the best library design in the world.

A Richmond terrace with a seedy history as a brothel and a squatters’ haunt has been totally transformed and listed for sale by its prominent photographer owner.

British group M&G Real Estate has teamed up with the wholesale funds arm of Investa Property Group to take a stake in Coca-Cola Place in North Sydney in a deal valuing the entire building at about $440 million.

One of Sydney’s most iconic establishments, the Woolbrokers Arms Hotel in Pyrmont, has found a buyer, selling for around the listed price of $9.6 million.

An empty Kew hospital that ceased operating in June could soon face the wrecking ball to make way for apartments. The former Cotham Private Hospital site was snared by Hamton Property Group for a price …

NSW Planning Minister Anthony Roberts appears set to agree to demands from property giant Brookfield Multiplex to remove planning controls to allow it to erect rides at Sydney’s Luna Park, some permanently fixed and up to 12-storeys tall, without having to seek development approval.

Sydney-based Marprop has expanded ties with German-based funds manager GLL Real Estate Partners, with the pair sealing a deal to buy an office block on Melbourne’s St Kilda Rd from fund manager Bayley Stuart for close to $65 million.

Veteran publican Peter Braithwaite has snapped up Brisbane’s Red Lion Hotel for just shy of $7 million, and is planning to upgrade the long popular southside establishment.