Melbourne Commercial Property News

The penthouse of Toronto House in Flinders Lane, Melbourne is on the market for the first time to both residential and commercial buyers with offers expected in excess of $4 million.

Sydney “bar tsar” Justin Hemmes has broken his silence on why he has inexplicably ventured south, buying his first property outside of NSW with the purchase of Melbourne’s historic Tomasetti House in a $40m-plus deal. Mr Hemmes’s Merivale Group purchased the landmark Flinders Lane property from the Millett family, in what he said was the start of a national expansion for the company.

Billionaire Sydney hotelier Justin Hemmes is making his first move into Melbourne buying Tomasetti House in trendy Flinders Lane from the Millett family in a $40 million deal.

Melbourne-based RMIT University has offloaded a major city building in the heart of the Melbourne CBD as part of a $200 million-plus repositioning play driven by funds manager Futuro Capital.

A Coburg North motel plagued by insects and drug dealers, and compared to a “night in hell”, is being marketed as a development opportunity.

Buy now, pay later finance company Afterpay is slated to bring new life to one of Melbourne’s most famous office complexes.

A converted warehouse by the docks that was Lonely Planet’s home is an uber cool listing in Footscray.

A western suburbs social group has been threatened over a $1.9m charity auction to help sick children.

A tiny Footscray block that backs onto a train line has investors on hold thanks to its unusual tenant.