NSW Commercial Property News

Property savvy friends are licking their lips after securing a high-yielding commercial site in Sydney’s south west.

Buyers looking to snap up a unique piece of inner west history are sure to interested in the historic Balmain Post Office which just hit the market.

Fund manager and investor Michael Gu’s iProsperity Group is one of three parties jockeying for the hotel component of a more than $1 billion 50-level apartment and hotel development fronting Sydney’s Hyde Park.

The Bank of Sydney has swooped on a Pitt St office block in the heart of Sydney’s central business district, buying the complex from Kingsmede for about $50 million.

Surrounded in lush rainforest, the Bamboo Buddha cafe is a place where locals can be nourished with healthy vegetarian food, meet for a weekend yoga session or collaborate with like-minded creatives.

Fund manager AMP Capital is cashing in on the logistics property boom by putting a $110 million portfolio of Sydney industrial properties on the block.

Sydney’s hot pub market is about to be tested once again with the high-profile Duke of Gloucester Hotel in the city’s eastern suburbs on the block for $30 million.

French giant AXA Investment Managers-Real Assets has forged into the local hotel market, buying a four-strong portfolio in Sydney and Canberra for $330.4 million.

Software company Atlassian has stolen a march on internet giant Google by committing to a permanent headquarters in Sydney after the group said it would anchor a yet-to-be-finalised precinct near Central Station.