Melbourne Commercial Property News

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

100-year-old Chinese Church of Christ in Carlton finds new buyer
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100-year-old Chinese Church of Christ in Carlton finds new buyer
It could have been converted into a trendy cafe to rival some of Melbourne’s best, but the site is now set to reach new heights.
Nick Theodossi in $50m deal for Port Melbourne Subaru dealership
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Nick Theodossi in $50m deal for Port Melbourne Subaru dealership
A luxury car dealer and a major developer have teamed up for a mega purchase in Port Melbourne that will provide homes and jobs for “generations to come”.
Precious cargo locked in prison cells
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Precious cargo locked in prison cells
Cold hard cells to luxury wine cellars – it’s the ultimate in the Pentridge transformation.
Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
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Melbourne office vacancy at 10.9 per cent, value falls expected: NAB
One of the nation’s top four lenders has major concerns about the CBD, with one in ten offices vacant and values expected to fall for years.
Stockland plans vast logistics precinct in Melbourne’s west
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Stockland plans vast logistics precinct in Melbourne’s west
Stockland has signalled it will forge much deeper into the logistics property market and is working on a $2bn industrial precinct in Melbourne’s west.
Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
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Melbourne construction stalled by month-long lockdown, but Sydney a lingering issue
Tough new restrictions on Melbourne’s construction industry will cost the state millions in lost economic benefit and sideline thousands of tradies.
Former Atari headquarters sells for $24.25 million
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Former Atari headquarters sells for $24.25 million
Sector Property Group purchased Atari’s former Melbourne headquarters and plans to turn the site into a self-storage and warehouse facility.
Melbourne still lags behind other cities as lockdowns hit office occupancy
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Melbourne still lags behind other cities as lockdowns hit office occupancy
Sydney office occupancy levels plunged in July as lockdowns hit, but it’s Melbourne’s slow recovery that has landlords worried.
City hotels hit again as business travel slows with Sydney, Melbourne worst affected
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City hotels hit again as business travel slows with Sydney, Melbourne worst affected
Accor chief Simon McGrath says the hotels most affected in the pandemic are those in Sydney and Melbourne, but areas such as the Gold Coast have lost feeder markets.
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