Melbourne Commercial Property News

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

Flash flooding, fine dining and risking it all: Shannon Bennett on the changing face of Melbourne’s hospitality scene
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Flash flooding, fine dining and risking it all: Shannon Bennett on the changing face of Melbourne’s hospitality scene
When Australian chef and entrepreneur Shannon Bennett moved his fine dining restaurant Vue de Monde from Carlton to the 55th floor of the Rialto in 2011, he mortgaged his house twice to make the dream …
Buyer splashes $17m on key South Melb corner
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Buyer splashes $17m on key South Melb corner
A family has secured a windfall $17m-plus from the sale of their corner site opposite South Melbourne market after holding it for 45 years.
Commercial investors continue to flee this state as residential demand creeps back
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Commercial investors continue to flee this state as residential demand creeps back
For a long time, Victoria had been the darling of both commercial and residential property investors.   Melbourne’s rapid population growth, deep labour pool, and diverse economy made it a magnet for capital. But things …
Justin Hemmes’ $148m Melbourne hospo empire stalls
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Justin Hemmes’ $148m Melbourne hospo empire stalls
Justin Hemmes stormed into Melbourne with cash and clout but his $148m dud gamble has come crashing down.
From pit stops to pastries: The making of croissanterie Lune
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From pit stops to pastries: The making of croissanterie Lune
From aerospace engineer at Formula 1 in the UK, to becoming Australia’s most acclaimed croissant specialist; world-acclaimed Lune Croissanterie founder Kate Reid is still living life in the fast lane -albeit swapping cars for baked …
Commonwealth Bank’s largest NSW branch sells for $31.3m in Cabramatta
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Commonwealth Bank’s largest NSW branch sells for $31.3m in Cabramatta
Commonwealth Bank has sold off one of its largest branches to an Asian investor in a move that has shocked many.
First look inside Panda Mart Preston: ‘Temu in real life’ or just a giant dollar shop?
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First look inside Panda Mart Preston: ‘Temu in real life’ or just a giant dollar shop?
Discount megastore Panda Mart – described as ‘Temu in real life’ – has quietly opened its second Australian store inside an 8,300sqm warehouse formerly occupied by Bunnings. The ‘soft launch’ at its new store in …
Tasty collabs: The unlikely brands teaming up to set social media alight
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Tasty collabs: The unlikely brands teaming up to set social media alight
Iconic New York shoe designer Steve Madden is worn by some of Hollywood’s biggest names including Sydney Sweeney, Dakota Johnson and Katy Perry, and now, in a global first, has partnered with a Melbourne winery …
New CBD pop-up park expected for Melb’s ‘intersection of sleaze’
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New CBD pop-up park expected for Melb’s ‘intersection of sleaze’
A Melbourne corner known as the city’s “intersection of sleaze” is set to get its second pocket park after a $65m skyscraper site was pulled from sale.
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