NSW Commercial Property News

One of the year’s most significant retail property offerings has achieved a stunning result, with a huge portfolio of 7-Eleven fuel convenience outlets selling at a Burgess Rawson auction event.

One of the largest privately owned waterfront properties on the Central Coast is for sale in Tuggerah near Westfield and the train station.

Two popular petrol stations on Victoria Road at Gladesville are set to be transformed into residential developments as part of a major sell-off by leading fuel supplier Caltex.

Funds manager RF Corval is back buying in the Sydney office market and has quietly picked up the Novartis Macquarie Park Building for about $62 million.

Office property group Dexus says the office cycle will keep running strongly as tenants in its buildings chase new space and inter­nat­ional investors seek to lift their exposure to towers in Sydney and Melbourne.

Multi-billionaire developer Harry Triguboff has backed controversial plans before the NSW government to build a cruise ship terminal at Botany Bay, saying the plan is good for the nation’s tourism sector.

Private property developer Built is looking to join Sydney’s hotel boom and has submitted plans to the NSW government for a six-star hotel that it would develop on a site adjoining the city’s historic Chief Secretary’s Building.

Homegrown software giant Atlassian is poised to shift its headquarters to a site next to Sydney’s Central Station, with the company co-founded by Mike Cannon-Brookes and Scott Farquhar anchoring a multi-billion-dollar technology district.

For 200 years Australia’s prosperity has been largely driven by the regions via the export of wool and wheat and then coal, iron ore and more recently natural gas.