Inner City Commercial Property News

A Melbourne industrial building on the Yarra River, boasting a long-term lease with Australia Post, has hit the market and is tipped to fetch an $35 million.

It could be a case of back to the future for a historic St Kilda building that began life as a lodging house. 

The City of Sydney could reap $200 million from selling a major Pyrmont site that will be turned over to a landmark mixed-use development project.

An Albert Park shop on one of Melbourne’s most tightly held strips has soared past its reserve at auction, more than half a century after the property last changed hands.

British hotel group Yotel is looking to make its first acquisition in Australia and is one of several groups looking to buy Sydney Airport’s newest accommodation offering, the Felix Hotel, in a deal worth up to $70 million.

The final unit blocks in Sydney’s Millers Point sold under the hammer for $8.675 million earlier this week.

Vision Australia has sold its office and warehouse site in Melbourne’s inner west for about $35 million, and the site could be transformed into an eight-storey apartment block.

Beloved live music hub the East Brunswick Hotel has reopened, following its $4.84 million sale in December. 

Property developer John Beville is hoping to almost double his money on a Melbourne office block that has hit the market with price expectations of about $160 million.