Melbourne Commercial Property News

One of Victoria’s last remaining drive-in cinemas has been reeled in by a buyer for $12.5 million.

An international investor has splashed more the $180 million on the Burwood One shopping centre. The Burwood East complex on the prominent corner of Burwood Hwy and Blackburn Rd was snapped up by a Melbourne-based buyer from Hong Kong. Owned by the Hansky family for 26 years, the shopping centre is home to Australia’s oldest Kmart store which opened in 1969.

JustCo, one of Asia’s top three co-working space operators, plans to expand to Australia next year, initially targeting Sydney and Melbourne for its new operations.

Ernst & Young’s Melbourne branch has kicked off a process that could see it shift premises out of its long-time home in Exhibition St in the central business district.

Melbourne’s proposed airport rail link – set to go via Sunshine – could be a “game-changer” for commercial property in the city’s west.

South Korea’s National Pension Service is edging closer to selling two major office towers in North Sydney and Melbourne worth more than $500 million.

A tiny building wedged between towers in Melbourne’s CBD is causing a big stir, after hitting the market earlier this month.

The Espy’s striking new look has been revealed ahead of the St Kilda landmark’s long-awaited reopening this Friday, November 23.

Melbourne’s historic Capitol Theatre will be reborn into 2019 – five years after it closed its doors – under a new partnership between its owner RMIT and the Australian Centre for the Moving Image. The …