Inner City Commercial Property News

The developer of the troubled Opal Tower has pulled out of its bid to win the lucrative rights to redevelop the high profile Sirius Building in Sydney’s Rocks district following a lobbying effort by powerful NSW councillors and MPs.

Timber buildings are the flavour of the month in the tower design and construction world, and the University of New South Wales is the latest group to jump in on the trend.

Sydney’s northern suburbs have emerged as a drawcard for international property investors with more than $1 billion worth of office towers now in play.

Melbourne’s first self-serve market is providing buyers and browsers with an opportunity to check out a slice of history in Brunswick.

One of Victoria’s last remaining drive-in cinemas, an unassuming building that featured in a cult Aussie film and a pub linked to an underworld figure were among Melbourne’s most notable commercial property listings this year.

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.