Melbourne Commercial Property News

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

News
Chinese buyer drops Buckets on Bentleigh childcare
Chinese investors are continuing to keep their hand in Australia’s commercial property market, with a Bentleigh childcare centre the latest to sell to an overseas-based buyer.
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Race on for RBA headquarters
The race for the Reserve Bank headquarters building at the Paris end of Melbourne’s blue-chip Collins St is coming to a head with listed property player Dexus facing off against private players rumoured to include investor Harry Stamoulis and US group Pembroke.
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Queensland Hungry Jack’s flirts with low-yield record
A funeral home and a popular Queensland Hungry Jack’s were among about $50 million worth of commercial property sold over two days of Burgess Rawson investment auctions this week. Nine of 12 properties on offer …
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The iconic Coburg Drive-in is up for sale
For families and couples in Melbourne’s north, trips to the Coburg Drive-in have been a rite of passage on Friday and Saturday nights for more than 50 years.
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Melbourne badminton venue worth making a racket over
Buyers who love to start a racket are expected to hit a Blackburn North site with their best shot.
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‘The Block’ makeover: The changing face of St Kilda’s Gatwick Hotel
Notorious and often nefarious, The Gatwick Hotel in St Kilda was a very different place before The Block moved in.
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Port of Melbourne puts eight major sites up for grabs
The Port of Melbourne has launched its largest leasing campaign in years, with eight major sites up for grabs including wharves, hardstand areas and warehouse and office spaces.
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Chinese buyers still in play as Richmond shop strikes gold
A Melbourne shop has sold for nearly $15 million on an eye-­wateringly low yield at auction to a Chinese bidder, in a sign that offshore capital is still looking for a home in Australia.
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Prime Australia Post Yarra River site for sale
A Melbourne industrial building on the Yarra River, boasting a long-term lease with Australia Post, has hit the market and is tipped to fetch an $35 million.
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