Melbourne Commercial Property News

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

Vermont South milk bar goes off in 10 days
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Vermont South milk bar goes off in 10 days
Vermont South vendors might just be in blue heaven after selling their milk bar and attached residence in just 10 days.
Winds of change blow through Melbourne’s Cyclone House
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Winds of change blow through Melbourne’s Cyclone House
The art deco Cyclone House in a Melbourne CBD laneway has been listed for sale for the first time in 45 years with price expectations above $5.5 million. This article originally appeared on theaustralian.com.au/property.
140-year-old St Kilda mansion a rare commercial prize
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140-year-old St Kilda mansion a rare commercial prize
One of Melbourne’s oldest mansions and a rare piece of St Kilda’s history is set to have investors scrambling, with St Kilda Hill property “Stanthorpe” on the market.
Iconic McPhee’s antiques ends 116 years on Chapel St
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Iconic McPhee’s antiques ends 116 years on Chapel St
One of Melbourne’s most famous antique stores is pulling up stumps after 116 years in the Chapel St retail precinct. McPhee’s, which began trading around the corner on High St in 1901 before shifting to its …
Flagship BMW dealership to make way for Southbank twin towers
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Flagship BMW dealership to make way for Southbank twin towers
Melbourne’s flagship BMW dealership at Southbank will be sold to developers, paving the way for a colossal development that includes 800 apartments and 600 hotel rooms. BMW has offered the coveted corner site at 58 …
More ‘super sites’ on the way as neighbours cash in
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More ‘super sites’ on the way as neighbours cash in
A deal to sell a Melbourne “super site” that saw a group of neighbours join forces to sell eight residential blocks as one is only days away from being completed, and already there are more sites on the …
Childcare the darling again at Burgess Rawson auction
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Childcare the darling again at Burgess Rawson auction
The commercial property market may be tempering slightly through the winter months, with just over half of the properties on the block selling at a Burgess Rawson investment portfolio auction in Melbourne on Wednesday.
Singapore buyer breaks St Kilda Rd office tower price record
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Singapore buyer breaks St Kilda Rd office tower price record
Singapore’s Mapletree Investments has snapped up a $145 million ­office tower on Melbourne’s St Kilda Rd in a deal that shows the highest ever price for a building on the famed boulevard. This article originally appeared on theaustralian.com.au/property.
Box Hill property sells within hours
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Box Hill property sells within hours
A Box Hill industrial property lasted only hours on the market after an astonishing show of interest from investors.
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