Victoria Commercial Property News

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

Developer flips St Kilda Rd site for $10m profit in two years
Singapore-listed developer Lian Beng Group has flipped a Melbourne site for a tidy $10 million profit after owning it for less than two years. This article originally appeared on
PICTURES: Projections light up Gertrude St
Before there was Vivid Sydney and long before Melbourne’s White Night, Prahran laneway Gertrude St was lit up like Christmas, for its annual Projection Festival. The festival, which is celebrating its 10th year, sees musicians and lighting …
CFA headquarters adds sizzle to suburban office market
Victoria’s Country Fire Authority headquarters is on the market, in one of 2017’s largest suburban office offerings. The three-level office building in Burwood East has been home to the CFA since 1990 and is expected to …
Kozminsky jewellers building sets price record
The Giannarelli family has bought the heritage Kozminsky building in the Melbourne CBD for $7.6 million, as values in the city continue to soar. This article originally appeared on
Secret’s out: Amazon lets first Australian warehouse location slip
US retail giant Amazon may have settled on the Melbourne southeast suburb of Dandenong as the location for its maiden fulfilment centre after several management positions based around warehouse, logistics and supply tasks were advertised on national online job classifieds site Seek. This article originally appeared on
Shopping centre appetite continues in Melbourne’s southeast
A shopping centre in Melbourne’s southeastern suburbs has sold for more than $30 million to a new entrant to the market. This article originally appeared on
Nine Good Guys stores fetch good, good price in monster deal
Nine retail outlets leased to bulky goods chain The Good Guys have been sold for $92 million, in a series of deal spanning four states and involving multiple buyers.
Towering ambition for $50m Box Hill site
Another towering residential development is a step closer in Melbourne boom suburb Box Hill, with a developer paying almost $50 million for a site with permits in place. Local developer CBD Development Group trumped overseas buyers …
The Pantry owners branch out in Brighton
The owners of Brighton culinary institution The Pantry will open a second eatery just metres away, after leasing a new space. What form the new cafe and restaurant takes at the upmarket bayside Melbourne suburb is yet to …
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