Regional Commercial Property News

Major resorts and hotels including the multi-billionaire Oatley family’s flagship Hamilton Island in Queensland’s Whitsundays have closed, while Malaysian gaming giant Mulpha has shut its newly refurbished ultra-luxe InterContinental Hayman Island as the spread of COVID-19 continues apace.

The historic colonial country estate Ravensworth Homestead will be relocated to the nearby Broke village in the NSW Hunter Valley as part of a new Village Square development funded by mining giant Glencore.

Search for land for sale at Electrona or nearby Margate and there is a strong chance you will come up empty-handed.

Direct property investments in areas like High St, Belmont are making more sense for buyers watching interest rates and share market values wane. Five buyers contested the home to Bendigo Bank’s Belmont branch at 142-146 High …

Developers have placed $60 million price hopes on the first stage of the Armstrong Creek Town Centre.

A landmark hotel once dubbed the “pride of Ballarat” by American novelist Mark Twain will stay open for business in the heart of town.

Sorrento’s Continental Hotel is back on the market, with receivers having taken over the landmark property after repeated issues with its $100 million redevelopment.

Popular Central Coast hotel The Anglers Rest in Brooklyn has been put on the market with price expectations around the mid $4 million mark.

The Australian Hotel in Cooma, located some 45 minutes away from the New South Wales snowfield gateway of Jindabyne, has been sold on the eve of its public auction for a rumoured $3 million-plus figure.