Inner City Commercial Property News

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

First of 15 Clarendon St shops released onto market
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First of 15 Clarendon St shops released onto market
A mega selldown of terraces on South Melbourne’s iconic Emerald Hill has begun.
Receivers sell off Doughnut Time owner’s venues
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Receivers sell off Doughnut Time owner’s venues
Receivers for failed Doughnut Time entrepreneur Damian Griffiths have put some of his assets on the market, including two venues that surround the very first Doughnut Time outlet. Griffiths is facing a personal bankruptcy lawsuit …
Asian investors set to snare half of Northpoint Tower
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Asian investors set to snare half of Northpoint Tower
A private Asian investment house is in advanced talks to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s South African backer, Redefine Properties.
‘Mexican wave’ of bids sees Melbourne office smash reserve by 73%
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‘Mexican wave’ of bids sees Melbourne office smash reserve by 73%
A Melbourne office building has sold more than $5 million above its reserve price – trumping the reserve by 73% – as demand for sites with development potential remains feverish. Agents described the bidding frenzy …
Rare chance to buy into Manly’s Corso
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Rare chance to buy into Manly’s Corso
A rare freehold property on Manly’s Corso has come to market for the first time in half a century and there is huge potential for redevelopment as the rear of the property opens to a bustling square.
Calls for major Green Square transport upgrade
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Calls for major Green Square transport upgrade
Lord Mayor Clover Moore has urged the State Government to meet the infrastructure needs in the Green Square precinct after concerns were raised it was inadequate to cope with increased residential development.
Buy the Coles where Hobart’s rich list shops
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Buy the Coles where Hobart’s rich list shops
Property buyers in Tasmania have clamoured for homes in prestigious Sandy Bay for years, and now those same investors can buy the suburb’s supermarket.
Pentridge Prison could house backpackers
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Pentridge Prison could house backpackers
Talk about an arresting development! Pentridge Prison’s notorious D Division has hit the market, with a price tag of $4.5 million.
Historic Kew reception centre back on market
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Historic Kew reception centre back on market
Historic Kew mansion turned reception centre Buttleigh Wootton is on the market, with private schools, hospitality operators, foreign consulates and investors expected to vie for the rare prize.
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