Melbourne Commercial Property News

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

Revs for sale: Entertainment expansion on cards as Revolver nightclub site listed for $15m+
News
Revs for sale: Entertainment expansion on cards as Revolver nightclub site listed for $15m+
The home of Chapel St’s famous 24-hour nightclub has attracted 30 inquiries in one day as buyers circle the cultural landmark.
Shake Shack down under: Pop-up or new entrant to Australia’s burger wars?
Investing
Shake Shack down under: Pop-up or new entrant to Australia’s burger wars?
It’s the guilty pleasure of celebrities including Hailey Bieber, Chrissy Teigen, and Adam Levine and with that kind of street cred, Shake Shack isn’t your typical fast food burger joint. The iconic US chain has …
Charter Hall circles Burwood One mall in Melbourne as convenience retail appeals
Investing
Charter Hall circles Burwood One mall in Melbourne as convenience retail appeals
Charter Hall has its eyes on Melbourne’s historic Burwood One shopping centre in a $210m deal as it builds its retail empire with a $2.5bn war chest.
Melb McDonalds supersized price smashes record at hot auction
Buying & Selling
Melb McDonalds supersized price smashes record at hot auction
A suburban Melbourne McDonald’s restaurant has achieved a national record for the fast-food chain, selling for a supersized $4.7m at auction.
Melbourne Airport takes Dexus to court for releasing confidential data
Investing
Melbourne Airport takes Dexus to court for releasing confidential data
Melbourne Airport’s owner claims Dexus shared confidential information during last year’s botched sale of a key stake.
Allan government cuts Melbourne office space as work-from-home shrinks its city presence
News
Allan government cuts Melbourne office space as work-from-home shrinks its city presence
In bad news for Melbourne’s office market, the cash-strapped Victorian government wants less office space as public servants stay away from city and live their work-from-home dream.
Flash flooding, fine dining and risking it all: Shannon Bennett on the changing face of Melbourne’s hospitality scene
News
Flash flooding, fine dining and risking it all: Shannon Bennett on the changing face of Melbourne’s hospitality scene
When Australian chef and entrepreneur Shannon Bennett moved his fine dining restaurant Vue de Monde from Carlton to the 55th floor of the Rialto in 2011, he mortgaged his house twice to make the dream …
Buyer splashes $17m on key South Melb corner
News
Buyer splashes $17m on key South Melb corner
A family has secured a windfall $17m-plus from the sale of their corner site opposite South Melbourne market after holding it for 45 years.
Commercial investors continue to flee this state as residential demand creeps back
Market Insights
Commercial investors continue to flee this state as residential demand creeps back
For a long time, Victoria had been the darling of both commercial and residential property investors.   Melbourne’s rapid population growth, deep labour pool, and diverse economy made it a magnet for capital. But things …
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