New South Wales

A wealthy Sydney family spent more than $15 million on two service stations as high-net-worth investors filled up commercial property leased to blue-chip tenants in a $94.3 million portfolio auction.

Technology companies are expected to throw their weight behind a dedicated precinct next to Sydney’s Central Station, with software company Atlassian being joined by three of the country’s top developers in building a cluster of towers. Atlassian’s Scott Farquhar and Mike Cannon-Brookes have led the push for technology precinct.

Former cel­ebrity chef Pete Evans has made another property move in Byron Bay, splashing $1m on a surprising new venture.

Buyers are making a bee line  for “pandemic proof” healthcare and medical properties as enquiries ratchet up across the commercial sector.

Buyers agents Tas Costi and Simon Cohen have launched a new business purely focused on sourcing commercial property amid ‘huge’ demand.

Australia’s borders may be firmly shut to international tourists, but that hasn’t stopped a 44sqm gift shop in the heart of the city from setting a new Australian property record.

Australia’s commercial property has become even more popular with overseas investors looking at Asia Pacific.

Billing itself as Sydney’s first six-star hotel, the 349-room Crown Sydney is already attracting repeat guests even as the brand new casino palace is still to get the regulatory green light.

A SYDNEY-based syndicator has swooped on its fourth southeast Queensland asset snapping up an A-grade office building in the heart of the Ipswich CBD.