Sydney Commercial Property News

The former Bank of China building in the Sydney CBD will be converted into a hotel, in another sign that office blocks are being snapped up for alternative uses.

The project is being driven by a dramatic revamp of the area’s transport links with the NSW government supporting a new precinct approach as new train lines arrive and roads improve.

One of Sydney’s most famous pubs is up for sale for the first time in 45 years.

A mammoth Double Bay development site that could see a mix of new retail, offices and apartments is expected to fetch $40m in an expressions of interest campaign.

Australian office vacancy increased to 14.1 per cent over the six months to July, putting more towers under pressure.

Harry Triguboff says a 1900-apartment project would breathe new life into a suburb that has just ‘four golf courses, a neglected beach, housing commission and a prison falling apart’. But locals are having none of it.

Big institutions are vying for the project, billed as the last piece of the Darling Harbour puzzle.

One of the biggest rural landholdings to come to the market is for sale in south western Sydney with endless potential.

A commercial site which is home to a long running brothel in North Sydney specialising in “relaxing massage” is up for sale.