Melbourne Commercial Property News

Room rates in Melbourne’s aggressively expanding hotel market have declined over the past two months due to the increase in hotel stock and the high quality of Airbnb stock located near the CBD.

Malaysian developer Beulah International is pushing ahead with its luxury apartment tower in the Melbourne CBD, winning $100 million in financing for the project.

A Bourke Street Mall building has fetched well above $40 million in its first sale in more than 60 years.

Burwood One shopping centre could fetch up to $200 million when its family owners hand over the keys for the first time in 26 years.

Melbourne’s iconic Chapel St retail strip is continuing to struggle, with almost one in five shops now vacant despite a citywide boom in retail strip leasing. New research in commercial agency Fitzroys’ Walk The Strip …

Did you know Melbourne Central has secret rooftops? Or that you can access a series of historic former shops that lie hidden behind a series of bricked-up vaults along St Kilda’s Esplanade? The surprises are …

The Myer family is set to offload another Melbourne office block, taking advantage of soaring prices in the city and demand from local and offshore buyers.

A 40-storey tower that will house Fishermans Bend’s first hotel has been given the green light, as dozens of other projects in the area remain on hold.

Major technology firms and edgy start-ups are flocking to Richmond and Cremorne as companies hunt for creative locations outside of Melbourne’s CBD.