Melbourne Commercial Property News

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.

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.

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 …

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.

Buyers who love to start a racket are expected to hit a Blackburn North site with their best shot.

Notorious and often nefarious, The Gatwick Hotel in St Kilda was a very different place before The Block moved in.

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.

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.

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.