NSW Commercial Property News

New South Wales commercial property news, commercial real estate market data, business news and insights.

Shovel-ready Dural seniors development set for $30m windfall
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Shovel-ready Dural seniors development set for $30m windfall
A 6.32ha senior living development blocked by the NSW Land and Environment Court in 2018 is back on the market with new DA approved plans.
Byron Bay’s Bower Hotel sets ‘record price’
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Byron Bay’s Bower Hotel sets ‘record price’
The lack of hip hotels in Byron Bay, the iconic hippy township dominating northern NSW, coupled with a spike in the drive tourism market, has sealed the first hotel sale on the back of the pandemic.
Meriton hits pause button on serviced apartment developments
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Meriton hits pause button on serviced apartment developments
Multi-billionaire Harry Triguboff has stopped construction of a serviced apartment tower in the heart of Melbourne and ditched plans for the development of others towers in Canberra and the western Sydney hub of Liverpool, saying it is too risky to pursue further hotel projects at this time.
Secret behind why this budget Bankstown property is Australia’s surprise No.1
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Secret behind why this budget Bankstown property is Australia’s surprise No.1
A Bankstown building that is home to a number small office suites has become the most-viewed commercial property in the country.
Bullish buyer pays $185m for Wooloomooloo site
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Bullish buyer pays $185m for Wooloomooloo site
The buyer of a major Sydney development site, with views to the Sydney Harbour Bridge, Cook + Phillip Park and St Mary’s Cathedral, says he is not concerned about COVID-19 and its substantial affect on apartment development sentiment.
Byron Bay site could be region’s next foodie hotspot
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Byron Bay site could be region’s next foodie hotspot
WANTED: Celebrity chef with deep pockets and lifestyle aspirations to establish Byron Shire’s next destination restaurant.
Sydney office developers target suburbs as CBD sits silent
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Sydney office developers target suburbs as CBD sits silent
Office developers are focusing their attention on suburban areas as major tenants look for alternatives to city centres in the wake of the coronavirus crisis.
North Sydney readies for $1.5bn commercial property boom
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North Sydney readies for $1.5bn commercial property boom
North Sydney is set for a commercial development boom worth more than $1.5 billion, and major tenants are believed to already be interested in crossing the bridge.
Star Casino puts $300m car park sale plans in gear
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Star Casino puts $300m car park sale plans in gear
Gaming heavyweight Star Entertainment has rekindled plans to sell the car park concession at its Sydney casino, sweetening the deal for potential buyers in a move that could reap close to $300 million.
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