NSW Commercial Property News

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

Wagga’s Sturt Mall sold for $73m
News
Wagga’s Sturt Mall sold for $73m
The listed SCA Property Group has snapped up the Sturt Mall in the NSW regional centre of Wagga Wagga from the Dexus Wholesale Property Fund for $73 million.
Bondi pharmacy and six apartments set to net $10m
News
Bondi pharmacy and six apartments set to net $10m
A Bondi Beach pharmacy with six apartments above it in the heart of the prime Sydney beachside locale is set to be auctioned, with agents expecting interest north of $10 million. The prime property at …
Developer tips Shell Cove pub to rival Bondi’s Icebergs
News
Developer tips Shell Cove pub to rival Bondi’s Icebergs
Developer Frasers Property Australia is on the hunt for a group to run and own Shell Cove’s Waterfront Tavern as part of its plans for a new residential estate.
Sydney’s Belrose Hotel changes hands for $23m
News
Sydney’s Belrose Hotel changes hands for $23m
Float candidate Redcape Hotel Group has trimmed part of its Sydney portfolio, offloading the Belrose Hotel on Sydney’s northern beaches, after bulking up in other areas.
Office vacancy rates hit 10-year lows
Leasing
Office vacancy rates hit 10-year lows
Office vacancy rates in Sydney and Melbourne have hit a 10-year low, with the workspace boom sparking surging CBD rents, according to Savills Australia.
Hong Kong toy king’s play for half of $600m Northpoint Tower
News
Hong Kong toy king’s play for half of $600m Northpoint Tower
Hong Kong billionaire Francis Choi has sealed a deal to buy a half-stake in the $600 million Northpoint Tower in North Sydney from Cromwell Property Group’s long-time South African backer, Redefine Properties.
Olympic Park “Quad” buildings pushed towards developers
News
Olympic Park “Quad” buildings pushed towards developers
A pair of neighbouring three-storey office blocks within Sydney’s Olympic Park are to be sold together, as the owners look to take advantage of demand for development sites in the precinct. The buildings at 6 Parkview …
Sleepy Crows Nest childcare centre destined for developers
News
Sleepy Crows Nest childcare centre destined for developers
A childcare centre and adjoining house on a quiet Crows Nest street are set to make way for high-density apartments. 
German firm wins right to design Sydney skyscraper
News
German firm wins right to design Sydney skyscraper
A German firm has won an international design competition for what will be one of Sydney’s tallest residential buildings. 
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