NSW Commercial Property News

The owner of a chain of pubs including Erskineville’s The Imperial Hotel made famous by the film Priscilla, Queen of the Desert, has just bought another well-known Sydney venue.

The Sydney building that houses ‘the world’s most beautiful butcher shop’, loved by celebrities including Anthony Bourdain and Oprah Winfrey is having a $10m sell off.

The vacancy rate across the nation’s office towers has tightened overall, but Melbourne is lagging behind as the slow down in some CBDs catches up to it.

The City of Sydney has put more than a million behind a new fund aimed at bringing cooking and food preparation to the front of restaurants in a bid to spruce up Chinatown.

Three Sydney shopping centres have changed hands for about $130m in total as private groups make the running in buying up neighbourhood shopping centres.

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.

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. …

A Bondi barber’s shop with two residences has sold for a big price after being owned by the same family for 61 years.

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, …