Victoria Commercial Property News

Victoria commercial property news, commercial real estate market data, business news and insights.

News
Myer family to sell VicRoads office in Burwood East
The Myer family is set to offload another Melbourne office block, taking advantage of soaring prices in the city and demand from local and offshore buyers.
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Fisherman’s Bend’s first hotel gets green light
A 40-storey tower that will house Fishermans Bend’s first hotel has been given the green light, as dozens of other projects in the area remain on hold.
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Cremorne touted as Victoria’s ‘Silicon Valley’
Major technology firms and edgy start-ups are flocking to Richmond and Cremorne as companies hunt for creative locations outside of Melbourne’s CBD.
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Office rents soar in Sydney and Melbourne
Plunging office vacancy rates are sending rents soaring in Sydney and Melbourne, with double-digit increases recorded in 2017-18.
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$61m Gisborne farm sale to change town forever
The staggering $61.1 million sale of a Gisborne farm will “change the face” of the Macedon Ranges township.
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St Kilda’s revamped Espy to include Cantonese restaurant
St Kilda landmark The Espy will open its doors for the first time in three and a half years in November, with a Cantonese restaurant, podcast studio and high-end cocktail bar among its diverse new …
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Hungry Jack’s to open new flagship Melbourne CBD outlet
The ground floor of a prominent Melbourne CBD corner will be home to a Hungry Jack’s outlet, after the burger giant took a lease on the prime corner site.
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Rare chance to buy a JB Hi-Fi store
A store that is home to home entertainment behemoth JB Hi-Fi will be among the star attractions at a portfolio auction event next month.
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Inside Google’s new Melbourne office
Multinational tech giant Google on Thursday cut the ribbon in its new Melbourne office, but declared its Australian headquarters will remain in Sydney.
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