Melbourne Commercial Property News

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 …

Popular and historic South Melbourne pub the Wayside Inn has been put on the leasing market, just months after a major makeover.

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.

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.

Singapore-based investor Wharf Street Investments has listed the Melbourne headquarters of the Bendigo and Adelaide Bank for sale in a move that could see it reap more than $80 million.

Hoteliers and gaming magnates the Zagame family have made a major play in Melbourne’s office and development site market, snapping up the Australian Education Union’s former Victorian branch headquarters in Abbotsford.

Diversified property trust GPT Group is forging deeper into the logistics sector, snapping up three sites in Melbourne’s western industrial heartland as it pours more capital into the area.

Hundreds are expected to turn out for the auction of a Box Hill retail property as it is put on the block for the first time this century.

The revitalisation of the Oakleigh business district in Melbourne’s south-east looks set to gather pace, after the sale of another major development site.