Inner City Commercial Property News

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

$27m Brisbane aged care facility given green light
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$27m Brisbane aged care facility given green light
Retirement provider Aveo Group has been given the green light to build a $27 million aged care facility at its Albion retirement community, The Clayfield. 
Rundown Roxbury a pub renovator’s $6m delight
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Rundown Roxbury a pub renovator’s $6m delight
If you have ever dreamt of becoming a publican then this could be your chance, with former pub The Roxbury in Glebe hitting the market with a guide of $5.95 million. 
Hong Kong group pays $40m for Brisbane’s Emporium hotel
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Hong Kong group pays $40m for Brisbane’s Emporium hotel
One of Brisbane’s most iconic ­hotels, the stylish Emporium in Fortitude Valley, has been picked up by Hong Kong’s Ovolo Hotels group in a deal worth about $40 million.
Grocon booted from Channel 9 tower project
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Grocon booted from Channel 9 tower project
Property giant Grocon has had a $200 million contract for a North Sydney office tower terminated amid a refinancing deal that saw construction scion Daniel Grollo arrange to pump funds into the company. 
Rooftop pool a first for Brisbane commercial buildings
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Rooftop pool a first for Brisbane commercial buildings
A development earmarked as a residential tower is now set to ­become southeast Queensland’s first commercial building with a rooftop pool, after the developers recognised the challenges of ­delivering more apartments to Brisbane’s saturated market.
Government department offloads Clifton Hill pair
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Government department offloads Clifton Hill pair
There was a hot half-hour for the Department of Treasury and Finance this month, with the government arm selling two properties it owns in Clifton Hill.
Goggle Box, Ninja Warrior production house up for grabs
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Goggle Box, Ninja Warrior production house up for grabs
The production offices behind some of Australia’s most popular TV shows are on the leasing market, offering a rare opportunity to secure a readymade creative office hub near Sydney Harbour. The McMahon’s Point studios have been occupied …
Short supply sees hotel market dip
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Short supply sees hotel market dip
National hotel investment levels dropped nearly 50% this year to $1.4 billion due to a lack of saleable hospitality assets and a tightening of overseas capital.
Golden buzz for pre-Christmas auctions
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Golden buzz for pre-Christmas auctions
A trio of properties in Victoria’s “golden triangle”, a prime piece of Prahran retail and a childcare centre in Australia’s third-fastest growing suburb are on the block this week at Burgess Rawson’s latest investment portfolio auctions.
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