Melbourne Commercial Property News

A colourful six-pack of properties along St Kilda Rd has hit the market, leaving the site’s future unknown. 

It was known as the ‘dream factory’ in the 60s, but the longtime home of the ABC in Melbourne will change hands after the national broadcaster’s Elsternwick property was listed for sale.

Myer is looking to either halve its office space at its 800 Collins St headquarters or move out — as the company looks to make savings.

Burwood One shopping centre’s sale is imminent, with an eye-watering figure close to $200 million tipped to seal the deal.

The Myer family has continued to sell down its office portfolio as Melbourne prices soar, reaping $25.5 million for a suburban block.

A pair of landmark Hawthorn properties dating back to the 1880s have sold within a day of each other amid mass interest in the unique offerings.

Chinese investors are continuing to keep their hand in Australia’s commercial property market, with a Bentleigh childcare centre the latest to sell to an overseas-based buyer.

The race for the Reserve Bank headquarters building at the Paris end of Melbourne’s blue-chip Collins St is coming to a head with listed property player Dexus facing off against private players rumoured to include investor Harry Stamoulis and US group Pembroke.

A funeral home and a popular Queensland Hungry Jack’s were among about $50 million worth of commercial property sold over two days of Burgess Rawson investment auctions this week. Nine of 12 properties on offer …