Inner City Commercial Property News

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

Residential developer buys up former Kew hospital
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Residential developer buys up former Kew hospital
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 …
Luna Park wins battle to build bigger rides
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Luna Park wins battle to build bigger rides
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.
Seek offices continue strong run of St Kilda Rd sales
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Seek offices continue strong run of St Kilda Rd sales
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.
Brisbane’s Red Lion Hotel sale paves way for another refurb
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Brisbane’s Red Lion Hotel sale paves way for another refurb
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.
South Melbourne’s Emerald Hill heritage bonanza continues
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South Melbourne’s Emerald Hill heritage bonanza continues
A double-storey shop and home in South Melbourne’s iconic Emerald Hill Estate precinct is latest in the renowned strip to find a new owner.
Why more Aussie pubs are calling last drinks
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Why more Aussie pubs are calling last drinks
The Great Western. The Corkman. The Stork. The Greyhound. The Town Hall. The Exchange. To some, they were cultural institutions that deserved better; to others, struggling businesses sitting on valuable land.
Thornbury cafe sale continues boom for High St strip
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Thornbury cafe sale continues boom for High St strip
A Thornbury cafe has proved as popular on the commercial property market as it is for weekend pastries, selling on a sharp yield to a local investor. The inner city Melbourne property at 709 High …
Singleton pub selldown almost complete
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Singleton pub selldown almost complete
The $300 million-plus pub fund operated by leading business figures Geoff Dixon, John Singleton and Mark Carnegie has been all but sold down with just three city and suburban hotels in Brisbane and Sydney plus an interest in a fourth pub remaining.
Old Armidale Courthouse a once-in-140-years opportunity
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Old Armidale Courthouse a once-in-140-years opportunity
The historic Armidale Courthouse has hit the market in New South Wales for the first time in 140 years. The heritage-listed gem at 100 Faulkner St will be sold via public auction onsite later this …
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