St Kilda Rd Commercial Property News

St Kilda Rd commercial property news, commercial real estate market data, business news and insights.

Seek offices continue strong run of St Kilda Rd sales
Sydney-based Marprop has expanded ties with German-based funds manager GLL Real Estate Partners, with the pair sealing a deal to buy an office block on Melbourne’s St Kilda Rd from fund manager Bayley Stuart for close to $65 million.
Office block shatters St Kilda Rd record
A St Kilda Rd office block has smashed the leafy boulevard’s record by almost $20 million after an eye-watering $163 million sale.
St Kilda Rd office doubles value to $163m in four years
Property tycoon John Beville has made a return to form, striking a lucrative deal to sell an office block on Melbourne’s leafy St Kilda Rd for $163 million to Chinese mainland investor Da Xie.
St Kilda Rd six-pack a developer’s potential dream
A colourful six-pack of properties along St Kilda Rd has hit the market, leaving the site’s future unknown. 
St Kilda Rd office block price doubles in four years
Property developer John Beville is hoping to almost double his money on a Melbourne office block that has hit the market with price expectations of about $160 million. 
Linfox, Salta miss out on $95m VACC headquarters
Abacus Property Group has confirmed its purchase of a $95 million office tower in Melbourne’s busy St Kilda Rd corridor, in conjunction with Singapore-­listed Wing Tai Holdings. 
Three-way tussle for St Kilda Rd’s VACC House
The race is heating up for an eight-level office block in Melbourne’s busy St Kilda Road corridor, with three buyers believed to be left in a fierce bidding war for the building.
Pub baron snares Melbourne’s Royce Hotel for $55m
Prominent Melbourne hotelier and pub baron Mazen Tabet has agreed to terms to buy Melbourne’s luxury Royce Hotel in St Kilda in a deal worth about $55 million, even though market expectations for the boutique property were initially put at more than $60 million. 
Myer family puts inner-Melbourne office on the block
The Myer family is selling a seven-level office building in inner Melbourne after owning it for more than a decade with price expectations around $65 million. The offering at 312 St Kilda Rd comes amid …
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