Inner City Commercial Property News

A rundown corner shop in Melbourne’s inner-north has fetched a whopping $1.8 million after sending buyers into a buzz this month.

The private O’Brien Group Australia’s purchase of the Icebergs Dining Room and Bar at Bondi Beach from former adman John Singleton for about $15 million will help it grow its leisure empire in Sydney by giving it an exposure to the booming top-end dining market.

The tussle between Sydney’s long-time family publicans and a new breed of fund managers for the city’s most lucrative properties has seen the Marlow Hotels Group edge out rival bidders to buy the Peachtree Hotel in Sydney’s western suburb of Penrith.

The “scummy” St Kilda hostel revealed as The Block’s newest project has the potential to be the reno show’s biggest ever seller when it’s recreated as five mansions.

Construction and development giant Lendlease is pushing ahead with projects in Sydney and Melbourne, winning approval for a timber office building at Barangaroo South and lodging plans for a $292 million apartment project in the Docklands. 

US technology giant Google has swooped on the buildings on Sydney Harbour that house the Seven television network in a deal worth more than $150 million.

A Richmond development is set to add more than 400 apartments next door to Victoria Gardens, but none of them are for sale.

Repurposed factories and buildings from a bygone era continue to be all the rage, but it’s a novel approach to retail that could set this old Kensington woolstore apart. The woolstore, among a collection of …

An Armadale shop tenanted by AFL power couple Chris and Bec Judd’s ‘Jaggad’ brand has been sold. And that wasn’t the only AFL link to the space at 1033 High St, with another AFL great …