Melbourne Commercial Property News

A fly-in Hong Kong investor swooping on a Toorak shop has been pipped at the post.

Former Melbourne Knights soccer club president and coach Tony Vrzina has booted a Hawthorn East warehouse and office combination for $2.7 million.

Sydney-based Marprop is stepping up an expansion drive with the group eyeing off the Melbourne headquarters of Bendigo and Adelaide Bank in a deal worth about $80 million.

This mouth-watering Preston unit comes with the lot.

A monster property including the Novotel Melbourne Glen Waverley hotel site is up for grabs and could smash the city’s suburban price record.

The Defence Department has flagged a major shake-up of its property holdings that could see it shift to new digs in Sydney, Melbourne and Canberra, in one of the department’s biggest ever real estate moves.

A South Melbourne childcare centre has broken through the eight-figure mark in the biggest sale in the suburb for the year.

In almost every sphere, Melbourne and Sydney are sworn enemies and if a new survey is to be believed, the southern capital has just taken a major title from the harbourside city; as the preferred destination for Australian-based commercial property capital.

Melbourne’s new-look Jam Factory precinct in South Yarra will pave the way for the suburb’s office market to almost double in size over the next four years.