Melbourne Commercial Property News

Brooklyn, the 1880s-built heritage-listed Fitzroy property operating as a four-star hotel, has hit the market for the first time in a decade.

The curtain has come down on the long-running saga of the redevelopment of Melbourne’s historic The Hotel Windsor, with ambitious plans for an overhaul of the city’s last grand 19th century city hotel scrapped for now.

In a shrewd behind-the-scenes play for one of Melbourne’s most coveted restaurant sites, entrepreneur Chris Lucas has secured the building currently occupied by Italian stayer Becco. He will take over the Crossley Street restaurant site, remembered by many as Pellegrini’s tavola freddo cantina, in 2021.

The listed Mirvac and Singaporean co-owner Suntec REIT have flagged their belief in the strength of the top end of Melbourne’s office market as they topped out the main structural works at Olderfleet, their premium building in Collins St.

Improving office leasing markets in the nation’s resources capitals and the rise of co-working tenants in eastern seaboard central business districts are driving expectations that markets will favour landlords.

Melbourne’s $1 billion Essendon Fields mixed property project is poised to begin construction on 18,000sq m of A-grade office space to meet surging demand for cheaper but high-quality facilities.

Inner-Melbourne development hotspot Abbotsford looks set for more significant construction, with two sites on either side of Johnston St launched onto the market simultaneously. The more prominent of the sites at the corner of Johnston …

A farming family has hit pay dirt with the sale of their prized Mickleham land to developers.

It’s not every day you have the opportunity to buy five properties operating as a swim school, a dance studio, an education facility, a café/restaurant and an office warehouse, with one wave of the hand.