Regional Commercial Property News

The internationally backed hotelier Crystalbrook Collection has made its first foray into Sydney, buying the 35-room Little Albion Guest House in Surry Hills for an aggressive price of about $30 million.

An interstate property mogul remains interested in buying Tasmania’s Anglican churches as the countdown to the sale approaches.

The Singapore and Taiwanese family of high-net-worth individuals buying Queensland’s Great Keppel Island will pay about $70 million to purchase the second half of the island’s staged development, known as the Clam Bay lease, from Sydney developer Terry Agnew.

Sorrento’s iconic Continental Hotel will be given an $80 million transformation under a grand plan to turn the hotel into a luxury accommodation, wellness, recreation, entertainment and dining destination.

The market for petrol station investments continues to pump along, with another four properties to be auctioned off at commercial agency Burgess Rawson’s next investment portfolio auction. The four service stations – three in Victoria …

Medical-based commercial properties are coming sharply into focus in the back half of 2018, with a number of properties transacting or being released onto the market.

Belmont Village has sold for $58 million to a private Sydney-based high net worth investor.

One of Australia’s top brothels is back on the market after failing to get up, or rather go (sell) under the hammer, almost two years ago.

Blackwood’s heritage-listed old Royal Mail Hotel is sending a new buzz through the tiny township 89km northwest of Melbourne after hitting the market.