Commercial Property Development News

Commercial property development news and market insights.

Oscar Done’s 24 ‘beautiful old ladies’ in Randwick up for sale with $18m-$19m price guide
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Oscar Done’s 24 ‘beautiful old ladies’ in Randwick up for sale with $18m-$19m price guide
It was March, 2020, and property experts were painting doomsday scenarios about property prices. That’s when Oscar Done paid $11.5m for 24 unliveable flats.
Pelligra Group plans mixed use precinct for $145m Dandenong Plaza buy
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Pelligra Group plans mixed use precinct for $145m Dandenong Plaza buy
Developer Ross Pelligra is buying a shopping centre in the Melbourne suburb of Dandenong with plans to redevelop the $145m property into a major mixed use precinct.
Aware Super and Altis swoop on St Leonards site
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Aware Super and Altis swoop on St Leonards site
Aware Super and partner Altis have snapped up a major site in St Leonards on the Sydney’s North Shore for about $80m and will build two new towers for essential workers.
Big-ticket precincts like Sydney’s Tech Central lure overseas investment giants
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Big-ticket precincts like Sydney’s Tech Central lure overseas investment giants
Top offshore investors are embracing big-ticket Australian technology precincts such as the $1.8bn Atlassian headquarters being built in Sydney.
Brian Flannery family lists prized Belongil Beach site next to Elements of Byron resort
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Brian Flannery family lists prized Belongil Beach site next to Elements of Byron resort
Having rezoned the former golf course for development, the rich-lister family is set to sell their prized Belongil Beach site which sports over 1km of pristine beach frontage.
Residents excited for construction of new hotel in the Hunter
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Residents excited for construction of new hotel in the Hunter
A key regional location is set to finally get its first hotel in over a decade, as tourism booms.
Pakenham to be ‘closed out’ after $60m+ sale to developer AVID Property Group
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Pakenham to be ‘closed out’ after $60m+ sale to developer AVID Property Group
The development of Pakenham will come to a close more than 160 years after the suburb got a post office, after a developer splashed $60m+ on its final piece of estate-sized land.
Green light for Deicorp 430-unit Sydney Metro project
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Green light for Deicorp 430-unit Sydney Metro project
Deicorp has received the green light on a new mixed-use project in Sydney’s northwest, where the developer plans to build 430 units above a recently completed Metro Station.
Strong interest in Fremantle waterfront site despite ‘challenges’
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Strong interest in Fremantle waterfront site despite ‘challenges’
A vacant landholding on the Fremantle waterfront could become the port city’s next major development but despite its prime location, experts say developers could be cautious.
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