Melbourne Commercial Property News

Australia’s perceived lack of aff­ordable luxury hotels has spurred international management group and disrupter YOTEL to launch its first Australian property.

A consortium led by Charter Hall has bought Telstra’s global headquarters in central Melbourne for $830 million, in a deal that shows demand for skyscrapers is running hot.

Ever dreamt of owning your own hotel?

A Toorak village shopping arcade has well and truly become the most expensive property to sell in the exclusive suburb, almost doubling the previous record.

A large Blackburn just a few doors down from Box Hill High School could present a rare opportunity for developers.

Sydney-based funds manager Marprop Real Estate Partners is closing in on property transactions approaching $1 billion and has flagged further acquisitions after picking up the Bendigo and Adelaide Bank building in Melbourne’s Docklands.

Strong interest in a well-known Monash medical centre has proved a welcome injection in the commercial property market.

Stockland is looking to pick up the pace of its asset sales program and has sold Tooronga Village Shopping Centre, in the Melbourne suburb of Glen Iris, to funds group Newmark Capital for close to $63 million.

A hot slice of Fairfield real estate has just come out of the oven.