Inner City Commercial Property News

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

Historic pub and bank sold in latest Abbotsford rush
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Historic pub and bank sold in latest Abbotsford rush
An owner-occupier has paid $3.1 million for Abbotsford’s former National Bank building, marking the latest in a string of major sales in the inner-city Melbourne suburb.
Dexus grabs North Sydney’s Christie Centre for $60m
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Dexus grabs North Sydney’s Christie Centre for $60m
Property powerhouse Dexus is looking to bolster its position in North Sydney by snapping up The Christie Centre in Berry St for more than $60 million.
$800m Indooroopilly deal marks year’s largest retail sale
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$800m Indooroopilly deal marks year’s largest retail sale
AMP Capital’s wholesale Shopping Centre Fund and Diversified Property Fund have teamed up to strike the year’s largest retail property purchase, with the pair ­buying a half stake in the Indooroopilly Shopping Centre in Brisbane for $800 million, in a deal that will help reset retail property values across Australia.
Buy a Bunnings store without the Bunnings price
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Buy a Bunnings store without the Bunnings price
Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.
Hemmes’ pub buy-up rolls on with $15m Hotel Centennial purchase
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Hemmes’ pub buy-up rolls on with $15m Hotel Centennial purchase
Sydney bar king Justin Hemmes is continuing his extraordinary run of Sydney pub purchases with his private Merivale snapping up well-known eastern suburbs watering hole The Hotel Centennial for about $15 million.
No apartments: Childcare centre swoops on $60m South Melbourne site
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No apartments: Childcare centre swoops on $60m South Melbourne site
A childcare operator has trumped developers by paying $60 million for a South Melbourne development site with permits for four residential towers and more than 1000 apartments. But Little Lane Early Learning Centre has reportedly …
Does your office have a private pool? This one does
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Does your office have a private pool? This one does
Waterfront views aren’t the only unique attraction at this Gold Coast office – there’s also a private 25m lap pool.
Pub baron snares Melbourne’s Royce Hotel for $55m
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Pub baron snares Melbourne’s Royce Hotel for $55m
Prominent Melbourne hotelier and pub baron Mazen Tabet has agreed to terms to buy Melbourne’s luxury Royce Hotel in St Kilda in a deal worth about $55 million, even though market expectations for the boutique property were initially put at more than $60 million. 
Property NSW to sell state’s historic first apartment block
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Property NSW to sell state’s historic first apartment block
The first apartment block ever built in New South Wales is on the market as part of a small portfolio of properties being offloaded by Property NSW.
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