Melbourne Commercial Property News

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

Bike brand’s North Melbourne warehouse store for sale
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Bike brand’s North Melbourne warehouse store for sale
A longstanding North Melbourne warehouse with dual street frontages is set to take a ride on the market.
Chinese buyer nets IKEA warehouse for $17m
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Chinese buyer nets IKEA warehouse for $17m
An Abbotsford warehouse leased to Swedish furniture goliath IKEA has sold to a Chinese investor for more than $17 million.
China’s Poly offers major stakes in Sydney and Melbourne office projects
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China’s Poly offers major stakes in Sydney and Melbourne office projects
Chinese property development group Poly Global is looking to step up its Australian operations by offering stakes in about $1 billion of office projects it has under way in Sydney and Melbourne.
Melbourne CBD hotel, apartment project dumped
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Melbourne CBD hotel, apartment project dumped
Golden Age and partner Starwood Capital have dumped plans for a $600 million apartment and hotel complex on Melbourne’s Spring St and are selling the site to Proprium Capital Partners Australia in a $114 million deal.
Heidelberg site to deliver jobs growth, agent says
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Heidelberg site to deliver jobs growth, agent says
A rare development site for sale in Heidelberg is tipped to bring more jobs to the area.
Moonee Ponds’ ‘Underbelly’ milk bar cherry ripe for new use
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Moonee Ponds’ ‘Underbelly’ milk bar cherry ripe for new use
It would be a true crime not to look at this decrepit Moonee Ponds milk bar. Once featuring in hit Aussie drama Underbelly, the three-frontage property at 55 Bent St needs more than a shot …
Ready to run an inner-city Melbourne pub?
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Ready to run an inner-city Melbourne pub?
Popular and historic South Melbourne pub the Wayside Inn has been put on the leasing market, just months after a major makeover.
Hong Kong jeweller buys Collins St tower for $314m
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Hong Kong jeweller buys Collins St tower for $314m
Melbourne is locking in its status as a global investment destination for property investors, with Hong Kong group Foo Hang Jewellery finalising a deal to buy a Collins St tower for $314 million, its first move into Australia.
Finding new store sites ‘impossible’: Harvey Norman
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Finding new store sites ‘impossible’: Harvey Norman
Billionaire Gerry Harvey says it’s impossible to find suitable land for the next rollout of Harvey Norman flagship stores in Australia and will settle on redeveloping one of the group’s pre-existing Melbourne stores.
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