Inner City Commercial Property News

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

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.
Pub baron buys Bondi’s Royal Hotel for $30m
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Pub baron buys Bondi’s Royal Hotel for $30m
Sydney bar king Justin Hemmes is taking his up-market Merivale chain into beachside Bondi with the purchase of the Royal Hotel Bondi for more than $30 million. The purchase marks out yet another part of …
Melbourne inner-city pubs continue to bubble
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Melbourne inner-city pubs continue to bubble
Popular inner-city pubs continue to be a source of major interest in the Melbourne market, with a number of well-known watering holes hoping to find new owners before Christmas. 
Top 5: Plibersek’s former office our most-viewed property
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Top 5: Plibersek’s former office our most-viewed property
Politicians’ former offices, stunning converted churches and trendy inner-city Sydney bars were among the most-viewed properties sold and leased through realcommercial.com.au over the last week. Check them out here. Top 5 SOLD commercial properties 1. 2/142-152 …
Iconic Chapel St antique store McPhee’s sold to developer
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Iconic Chapel St antique store McPhee’s sold to developer
A developer has paid $4.25 million to secure one of Chapel Street’s most iconic retail stores – McPhee’s Fine Antiques, which has been a part of the Melbourne strip for 116 years. McPhee’s, one of …
Historic Abbotsford bank owners to cash in on development demand
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Historic Abbotsford bank owners to cash in on development demand
A 130-year-old former National Bank looks set to become the latest Abbotsford building to capture the attention of developers. The heritage-listed property, which was built in 1887 at 261 Victoria St, is on the market …
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