Victoria Commercial Property News

Fort Street Real Estate has swooped on the Keilor Central Shopping Centre in Melbourne buying the major subregional centre for $113 million.

A Richmond terrace with a seedy history as a brothel and a squatters’ haunt has been totally transformed and listed for sale by its prominent photographer owner.

A sale worth $74 million has been rung up for a northern suburbs shopping centre.

The revamped Portsea Hotel has been unveiled, following a “much needed” six-month transformation that cost its rich lister owner $7 million.

It takes vision to imagine a cow paddock on Melbourne’s western fringe being transformed into a $150 million soccer stadium surrounded by a commercial property precinct within five years.

An empty Kew hospital that ceased operating in June could soon face the wrecking ball to make way for apartments. The former Cotham Private Hospital site was snared by Hamton Property Group for a price …

QIC Global Real Estate and joint venture partners MAB Corporation and Gibson Property Corporation will start work in the new year on the $40 million first stage of their Merrifield City Centre in Melbourne’s northern growth corridor.

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.

A double-storey shop and home in South Melbourne’s iconic Emerald Hill Estate precinct is latest in the renowned strip to find a new owner.