Inner City Commercial Property News

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

$1m possible for ‘The Block’ cafe
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$1m possible for ‘The Block’ cafe
A South Yarra cafe made famous when it was created as part of Channel 9 series The Block is on the market, with expectations it will fetch around $1 million.
Gold Coast to welcome new $440m six-star hotel
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Gold Coast to welcome new $440m six-star hotel
Casino operator and developer Tony Fung has won approval to build a $440 million luxury hotel on the Gold Coast beachfront. This article originally appeared on theaustralian.com.au/property.
Pindan joins Asian influx with $160m St Leonard’s buy
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Pindan joins Asian influx with $160m St Leonard’s buy
West Australian-based Pindan Capital is looking to join the ranks of the Asian developers that have poured millions into buying up properties on Sydney’s north shore that they plan to transform into apartments, office towers and hotels over the next decade. This article originally appeared on theaustralian.com.au/property.
Queens Rd car park to become investor battleground
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Queens Rd car park to become investor battleground
With the number of car parking spaces in Melbourne’s inner city continuing to dwindle, the sale of more than 500 of them below an office complex on St Kilda Rd is set to spark investor interest.
Renowned design team to revamp The Espy
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Renowned design team to revamp The Espy
The Espy will be revamped by the design team behind some of Melbourne’s most cutting edge restaurant and bar interiors.
Celebrity tenants: Armadale shop has Judd connection
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Celebrity tenants: Armadale shop has Judd connection
An Armadale shop tenanted by former Carlton footballer Chris Judd’s and his wife Rebecca’s athletic apparel company is set to be put on the block. The building in the upmarket High St retail strip is …
Sydney celebrity hotel on market for $140m
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Sydney celebrity hotel on market for $140m
The luxury InterContinental Hotel in Sydney’s glitzy Double Bay, a property best known for its association with the late INXS rocker Michael Hutchence, is poised to be sold by its Singaporean owners to a Chinese multinational for about $140 million.
Boutique hotels the smart play: developer
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Boutique hotels the smart play: developer
Fresh from a six-year stint running the local development arm of US hotel giant Marriott International, lawyer Andrew Taylor is turning his attention to boutique hotels, saying they are better earners than the big cookie-cutter ­models.
Campbell’s Stores in $32m upgrade at The Rocks
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Campbell’s Stores in $32m upgrade at The Rocks
The landmark Campbell’s Stores at The Rocks, an 1840s State heritage listed warehouse, will undergo a $32 million upgrade, following approval from the NSW government. This article originally appeared on theaustralian.com.au/property.
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