Melbourne Commercial Property News

A childcare operator has trumped developers by paying $60 million for a South Melbourne development site with permits for four residential towers and more than 1000 apartments. But Little Lane Early Learning Centre has reportedly …

The home to one of Stonnington’s longest running businesses is set to go under the hammer before the end of the month.

Prominent Melbourne hotelier and pub baron Mazen Tabet has agreed to terms to buy Melbourne’s luxury Royce Hotel in St Kilda in a deal worth about $55 million, even though market expectations for the boutique property were initially put at more than $60 million. 

Sorrento’s iconic Continental Hotel on Victoria’s Mornington Peninsula is back on the market with a price bump of more than $5 million, less than 18 months after a developer bought it.

The $US20 billion ($26 billion) global co-working space operator WeWork sees “massive” opportunities for expansion locally after opening its first Melbourne office and is actively looking for more sites.

When it comes to Australia’s most unique commercial properties, this one might take the cake. The chance to lease and revitalise the historic Jack’s Magazine site in Melbourne looms as a once in a lifetime …

The listed Growthpoint Properties Australia has offloaded a Woolworths national distribution centre and the attached Victorian state head office in Melbourne’s eastern suburbs to a private group in a deal worth $90.75 million. The sale …

Popular inner-city pubs continue to be a source of major interest in the Melbourne market, with a number of well-known watering holes hoping to find new owners before Christmas. 

Politicians’ former offices, stunning converted churches and trendy inner-city Sydney bars were among the most-viewed properties sold and leased through realcommercial.com.au over the last week. Check them out here. Top 5 SOLD commercial properties 1. 2/142-152 …