Victoria Commercial Property News

Coles Group has sold its freestanding Drysdale supermarket for more than $23 million less than two years after the doors first opened.

Investors are expected to dine out on a Hungry Jack’s restaurant at Caroline Springs, which is expected to be the first Melbourne fast food freehold to change hands in more than two years.

The sale of a ground floor gym in Melbourne CBD has torn through its reserve by more than 20%, selling amid heated auction competition from six bidders.

A Chinese investor has bagged the Coles Aurora Village shopping centre in Epping for a whopping $44.5 million.

A new gelateria will soon be gracing Geelong’s CBD with Augustus Gelatery securing a prime site.

An opportunity to reap the fruits of your harvest and barrel your own drop has hit the market in Melbourne’s wine country.

Dozens of development sites in Sydney, Brisbane and Melbourne, some large enough for 600-unit apartment towers, are hitting the market as Chinese developers plagued by poor buyer appetite and lack of finance are forced to sell.

Melbourne’s office market has burst into life with more than $1 billion worth of major towers in play as the city sets the early pace for capital markets this year.

Iconic Melbourne live music and entertainment venue Cherry Bar is on the move, announcing a city-wide search for a new home and revealing it will leave AC/DC Lane early this year. The bar’s co-owner James …