Melbourne Commercial Property News

Supermarket giant Woolworths has snapped up the Mordialloc Plaza complex in Melbourne from a Singaporean based family in a $41 million deal.

A Melbourne-based Chinese investor has paid more than $10 million for the home of Australia’s longest-running theatre restaurant – Dracula’s Cabaret Show & Dinner in Melbourne.

The final designs for Melbourne’s five Metro Tunnel stations have been revealed by the Victorian state government.

Plenty of folks dream of owning a pub, but how about Melbourne’s oldest watering hole?

Regional shopping centres offering premium services and local neighbourhood complexes that are very convenient are dominating asset trading this year.

The student accommodation market has seen an oversupply of studio-style product in recent years and the industry needs to improve fast or risk being left with a legacy of “anonymous” buildings, Hayball principal Thomas Gilbert says.

A Richmond office and warehouse leased to ASX-listed media company Pacific Star Network is on the market, with developers expected to flood in for the chance to buy the prime Swan St site.

Hong Kong private equity firm Gaw Capital is moving to buy the landmark Bell City Hotel in Melbourne for more than $160 million in what is shaping as one of the largest hotel deals of the year.

A building in the heart Melbourne’s bustling Chinatown has sold for $6.3 million, delivering a staggering 237% lift in value in just five years.