Melbourne Commercial Property News

Notorious St Kilda boarding house The Gatwick is set to become an upmarket hotel, with groups in the final stages of negotiation over its sale.

A string of shops in popular Melbourne bayside suburb Hampton will make way for a multi-storey apartment and retail complex, after a developer paid a record price for the site.

Boutique funds manager Newmark Capital, led by former AFL star Chris Langford, is eyeing off the purchase of South Yarra’s Como Centre for close to $230 million. This article originally appeared on theaustralian.com.au/property.

Malaysian developer SP Setia has made another land grab in Melbourne, paying $10 million for a permitted site in inner-city Prahran.

Victorian planners vowing to preserve Melbourne icons including the Hoddle Grid and the Bourke Hill heritage precinct have released planning controls for public consultation. This article originally appeared on theaustralian.com.au/property.

Melbourne’s five-star Novotel Hotel and reborn retail precinct St Collins Lane are on the market with a whopping $500 million price tag.

A site slated for a new grammar school in Melbourne’s western suburbs will be sold after its owner, a local councillor, failed to get the project off the ground.

Melbourne’s strata office market has never been hotter, agents say, as investors scour the city for commercial property’s next gold mine.

Victorian Planning Minister Richard Wynne has laid down a plan to build the most efficient planning regime in the nation. This article originally appeared on theaustralian.com.au/property.