NSW Commercial Property News

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

Sydney malls sold as retail rerating settles sector
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Sydney malls sold as retail rerating settles sector
Three Sydney shopping centres have changed hands for about $130m in total as private groups make the running in buying up neighbourhood shopping centres.
Kent Walker swoops on Botany’s Captain Cook in $35m pub play
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Kent Walker swoops on Botany’s Captain Cook in $35m pub play
The owner of a prominent Botany pub has doubled his money after selling the site, bought in 2020 for $17m, for about $35m to veteran Kent Walker.
Riding the wave: Could this be a ‘watershed moment’ for Australia’s burgeoning surf parks?
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Riding the wave: Could this be a ‘watershed moment’ for Australia’s burgeoning surf parks?
When Australia’s first surf park opened in Melbourne in 2020, it was tipped as the start of a booming new industry. Four-and-a-half years on, there are only two commercial surf parks open to the public. …
Bondi barber shop sells for $4m profit
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Bondi barber shop sells for $4m profit
A Bondi barber’s shop with two residences has sold for a big price after being owned by the same family for 61 years.
The great backyard build: The $200K investment that can put hundreds in your pocket weekly
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The great backyard build: The $200K investment that can put hundreds in your pocket weekly
Homeowners looking to boost their household income or help out loved ones are increasingly building granny flats and dual occupancies in their backyards. While many homeowners would prefer to keep their backyards as they are, …
Paddington’s Captain Cook Hotel, pub without pokies, sells for $6.6m
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Paddington’s Captain Cook Hotel, pub without pokies, sells for $6.6m
It’s last drinks for a once popular pub in Paddington, which has sold for half the price it did two years ago – and it’s set to be used for a surprising new purpose.
Inner West residential development ‘98 per cent complete’ hits market
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Inner West residential development ‘98 per cent complete’ hits market
An inner west residential project “98 per cent complete” has hit the market after builders were placed into liquidation.
Aqualand checks into build-to-rent project in North Sydney
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Aqualand checks into build-to-rent project in North Sydney
Property group Aqualand is planning a unique 40-storey complex on the site of an existing building that would make the company a serious player in the sector.
Commercial property investment set to rise as mega deals close out financial year
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Commercial property investment set to rise as mega deals close out financial year
Mirvac’s sale of a two-thirds stake in its planned $2 billion Sydney office tower to Japanese conglomerate Mitsui Fudosan was the biggest Australian commercial property deal of the 2023-24 financial year.   MSCI data showed …
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