NSW Commercial Property News

With no foreign tourists for more than a year, the owners of Backpackers HQ have decided to capitalise on the high demand for big houses.

One of the Central Coast’s most popular pubs has changed hands, with the Beachcomber Hotel selling for $20m.

Billionaire hotelier Justin Hemmes, ranked 98th in the latest The List, Australia’s richest 250, seems set to expand his hospitality empire down south.

Former cel­ebrity chef Pete Evans has made another property move in Byron Bay, splashing $1m on a surprising new venture.

A prime retail site on Manly Beach, which is home to a swag of restaurants, shops and a Ben & Jerry’s ice cream store, has sold under the hammer for a whopping $15.7 million.

Buyers looking to earn a substantial income from Centrelink have the chance to do so with one in this western Sydney suburb for sale after 20 years.

A heritage-listed Katoomba landmark is on the market and the hope is that a new owner will bring the rundown property back to life.

Along with a reportedly increasing number of city-weary Australians, it seems commercial property investors are also eyeing a “move to the country” in 2021. Add historically low interest rates to the mix and it’s a “perfect recipe for buyers to invest their money,” experts say.

Smashed avo has long been at the centre of the housing affordability debate, but this unique NSW property will give you the chance to eat the popular breakfast dish for life.