Melbourne Commercial Property News

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Rare chance to buy a police station – and there’s two of them

Rare chance to buy a police station – and there’s two of them

Grollo family sells government office building in Dandenong for $165m

Grollo family sells government office building in Dandenong for $165m

Melbourne’s Grollo family has sold a suburban office building leased to the Victorian government for $165 million.

Degraves St: Listing a chance to evolve Melbourne’s laneway culture

Degraves St: Listing a chance to evolve Melbourne’s laneway culture

A corner spot in the heart of one of Melbourne’s most prominent laneways is looking for a new tenant, and the next business to set up shop could spark a new evolution for the hot spot.

Verrocchi family who co-founded Chemist Warehouse sell farm for $60m+

Verrocchi family who co-founded Chemist Warehouse sell farm for $60m+

Melbourne’s wealthy Verrocchi family, who co-founded Chemist Warehouse, scored a more than $60m payday as they sold a long held farm to developers earlier this year in a secretive deal.

Bega offers up a slice of history with offer of $150m Vegemite site

Bega offers up a slice of history with offer of $150m Vegemite site

The home of Vegemite is hitting the block with Bega Cheese kicking off a campaign to sell the famed factory in Port Melbourne with hopes of reaping about $150m.

Ryman makes $350m retirement village play in Coburg North

Ryman makes $350m retirement village play in Coburg North

A group of local investors sold the central site to New Zealand-listed Ryman Healthcare as it looks to capitalise on demand for retirement and residential developments.

Paradise Angels brothel building in Seaford escorted onto market with hopes of rising in value

Paradise Angels brothel building in Seaford escorted onto market with hopes of rising in value

A pink two-level building which houses a Seaford brothel, completed with mirrored rooms and two laundries is looking for a new owner.

Hines strikes for third build to rent site in Melbourne

Hines strikes for third build to rent site in Melbourne

American real estate giant Hines is stealing a march on its rivals by dramatically expanding its holdings in Australia.

Popular retail, medical centre in Broadmeadows hits the market with $27m-30m price hopes

Popular retail, medical centre in Broadmeadows hits the market with $27m-30m price hopes

Two buildings next to the Broadmeadows railway station have been put up for sale, with potential buyers expressing interest in potentially paying up to $30m for the site.

Time & Place boosts The Queensbridge Building in Southbank play

Time & Place boosts The Queensbridge Building in Southbank play

A private developer has secured permission to expand its Queensbridge Building in Melbourne and is poised to kick off construction on the now $410m project.

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