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Melbourne Commercial Property News

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

Punthill Brisbane sale to fund expansion plans
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Punthill Brisbane sale to fund expansion plans
One of Brisbane’s most highly acclaimed luxury apartment hotels is being offered to the market on a sale and leaseback basis.
Deals: Zomato dines out on Collins St space
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Deals: Zomato dines out on Collins St space
Restaurant review giant Zomato’s lease of the last office space at 271 Collins St headlines this week’s major property moves.
Profit margins a lure for backpacker hostel buyers
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Profit margins a lure for backpacker hostel buyers
Their rates might be from the bargain bin, but a new report says backpackers accommodation and hostels are smart investments.
Melbourne’s CBD fringe market shows signs of improving
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Melbourne’s CBD fringe market shows signs of improving
Office vacancy rates in Melbourne’s St Kilda Rd have fallen into single digits for the first time in years. What’s behind the upward shift?
Low supply pushes demand for Melbourne offices sky high
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Low supply pushes demand for Melbourne offices sky high
Investors are maintaining their enthusiasm for the Melbourne metropolitan office market even as the vacancy rate heads north.
Deals: Australian Unity makes $15m Rowville play
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Deals: Australian Unity makes $15m Rowville play
Health insurer Australian Unity’s $15 million purchase of an office in Rowville headlines this week’s major property moves.
Melbourne CBD fashion-forward as global brands set up shop
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Melbourne CBD fashion-forward as global brands set up shop
An influx of swanky fashion houses is sashaying its way down Collins St into the heart of Melbourne’s CBD.
Singapore swoops on Masterchef star’s restaurants
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Singapore swoops on Masterchef star’s restaurants
A Singaporean investor has swooped on three properties that house restaurants leased to reality TV chef George Calombaris.
Deals: CBD yield for suburban vet clinic
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Deals: CBD yield for suburban vet clinic
A shop leased to a veterinary clinic that sold on a yield of just 1.49% headlines this week’s commercial property deals.
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