Retail

Retail industry news, retail property market trends and insights.

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.
Prized Coles supermarket expected to fetch about $30 million
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Prized Coles supermarket expected to fetch about $30 million
A highly-prized Coles supermarket is tipped to sell for about $30 million and attract strong interest from private investors looking for a hedge against inflation.
Victor Harbor floral studio ripe for picking
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Victor Harbor floral studio ripe for picking
If you are looking for a career change or an investment opportunity, this award-winning florist shop offers a blooming option.
Heritage ruling next for $280m redevelopment of listed tea house
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Heritage ruling next for $280m redevelopment of listed tea house
Developer Costa Fox’s proposal to redevelop a heritage-listed tea house in Melbourne has been granted a planning permit as the $280 million project passes the first stage of approval.
Buyers quite thirsty for a Dan Murphy’s investment
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Buyers quite thirsty for a Dan Murphy’s investment
Buyer demand for essential retail assets has increased over the last year and liquor stores like Dan Murphy’s are sought after by investors thirsty for a property backed by an ASX-listed brand. 
Newtown: Home to Pako bakery rises $100K above price hopes
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Newtown: Home to Pako bakery rises $100K above price hopes
The home to a popular bakery on Newtown’s river end of Pakington St has sold $100,000 above the range prior to auction.
Harry Potter-style shop built into 2sq m cupboard under Melbourne CBD stairs for lease
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Harry Potter-style shop built into 2sq m cupboard under Melbourne CBD stairs for lease
A “cosy” 2sq m shop built Harry Potter-style into a cupboard-sized space under the stairs of an apartment building that fronts one of Melbourne’s busiest CBD strips is up for lease.
A highly sought-after Coles supermarket is up for grabs
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A highly sought-after Coles supermarket is up for grabs
A freestanding Coles supermarket in the upmarket Melbourne suburb of Camberwell has hit the market as investors continue to seek out pandemic-proof essential retail assets.
Home and Post Office tenant in one blue-ribbon address
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Home and Post Office tenant in one blue-ribbon address
The chance to secure a family-sized, fully updated Battery Point home with a commercial offering, too — that’s as rare as hen’s teeth.
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