Inner City Commercial Property News

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

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 …
Artist chosen for Brisbane’s new Art Series hotel
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Artist chosen for Brisbane’s new Art Series hotel
Award-winning Australian artist Vincent Fantauzzo has been picked for AccorHotels’ latest offering in its Art Series hotels.
Redfern’s ‘Gracelands’ backpackers sells to local cafe owner
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Redfern’s ‘Gracelands’ backpackers sells to local cafe owner
Gracelands, a bright blue landmark on bustling Cleveland St that had previously played shelter to rock stars, a mayor, and countless backpackers, has just sold for $3.6625 million. Formerly known as Meath House, a grand …
Melbourne Uni in deal to build student accommodation worth $300m
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Melbourne Uni in deal to build student accommodation worth $300m
AMP Capital and the University of Melbourne have partnered in a 40-year deal to deliver $300 million worth of student accommodation.
Boston investment group buys up more Sydney assets
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Boston investment group buys up more Sydney assets
Boston-based investment manager AEW Capital Management has bolstered its Australian holdings with the $143 million purchase of a Pyrmont office building in one of the largest plays in Sydney’s fringe market this year. The group …
Blockbuster result for Coburg Drive-In
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Blockbuster result for Coburg Drive-In
One of Victoria’s last remaining drive-in cinemas has been reeled in by a buyer for $12.5 million.
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