Commercial Property Development News

Commercial property development news and market insights.

Melbourne Convention site reaps $100m
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Melbourne Convention site reaps $100m
The market for major apartment sites in the heart of Melbourne is running hot with the old Melbourne convention site that overlooks the Yarra River close to selling for almost $100 million. This article originally appeared on theaustralian.com.au/property.
Take your pick of Queensland islands
Inspiration & Style
Take your pick of Queensland islands
They don’t come cheap, but for the right price you could secure one of three tropical islands currently on the market in Queensland.
Gold Coast Airport pays $11.45m for drive-in theatre site
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Gold Coast Airport pays $11.45m for drive-in theatre site
The Gold Coast Airport has swooped to buy a neighbouring tract of land that was once the Tweed Heads Drive-In.
Deals: 80-year wait over for St Kilda development site
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Deals: 80-year wait over for St Kilda development site
Developers to make beeline for sprawling St Kilda site, IGA supermarkets fly off the shelves and a near-new tourist park up for sale. MORE DEALS.
Skyscraping Southbank ‘skinny tower’ site to be auctioned
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Skyscraping Southbank ‘skinny tower’ site to be auctioned
A controversial 74-storey Southbank skyscraper that would dwarf neighbouring Crown Casino is on the cards, with a permitted development site to be auctioned this month.
30-year wait over for Palm Beach development site
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30-year wait over for Palm Beach development site
A prime beachside development site at Palm Beach on the Gold Coast is on the market for the first time in more than 30 years.
Grocon wins approval for $700m Darling Harbour hotel
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Grocon wins approval for $700m Darling Harbour hotel
Grocon has won planning approval for a $700 million hotel to be built on the IMAX cinema site at Darling Harbour, clearing the way for a sale to Chinese investor Zhengtang. This article originally appeared on theaustralian.com.au/property.
Building allowance: how 2.5% can become 4%
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Building allowance: how 2.5% can become 4%
The 2.5% Building Allowance deduction is something most property investors already know about. However there’s also a 4% Building Allowance available for some buildings. The Building Allowance (sometimes referred to as the Capital Works Deduction) …
Deals: Doncaster welcomes another high-rise
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Deals: Doncaster welcomes another high-rise
Former Doncaster office site to become apartments, a new shopping centre for Sydney’s west, a chance to run your own nightclub, and which inner-city suburb is the flavour of the month? MORE DEALS.
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