Victoria Commercial Property News

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

What’s your golf club’s land worth?
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What’s your golf club’s land worth?
Will we see more golf courses begin to cash in their fairways, as the value of the land under some of Australia’s most renowned layouts soars into the hundreds of millions of dollars? That’s the …
Liberal Party sells Melbourne HQ to mystery luxury retailer
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Liberal Party sells Melbourne HQ to mystery luxury retailer
The Victoria Liberal Party has today revealed the sale of its long-time headquarters in Exhibition St in Melbourne’s central business district for the higher-than-expected price of $37.1 million.
Man buys entire school for $55,000
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Man buys entire school for $55,000
A Victorian man has just made the quintessential dream of ruling the schoolyard a reality. He’s bought the former Speed school, about 140km southeast of Mildura in the state’s north, complete with chalk boards and …
The Gisborne garage that opened before cars were invented
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The Gisborne garage that opened before cars were invented
A slice of Gisborne’s history is set to go under the hammer next month. The iconic Gardiner’s Garage at 7 Hamilton St is up for auction on December 19 with a $1.1-$1.2 million asking price. …
Melbourne Uni in deal to build student accommodation worth $300m
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Melbourne Uni in deal to build student accommodation worth $300m
AMP Capital and the University of Melbourne have partnered in a 40-year deal to deliver $300 million worth of student accommodation.
Outdoor plaza with giant screen to star at new Ocean Grove shopping centre
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Outdoor plaza with giant screen to star at new Ocean Grove shopping centre
Construction has started on Kingston Village, a new $60 million-plus shopping centre in Ocean Grove. Lascorp Development Group are behind the project, which will create the seaside town’s third shopping centre. Development manager Rob Harris …
Royal Antediluvian Order of Buffaloes marks territory in Glen Huntly
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Royal Antediluvian Order of Buffaloes marks territory in Glen Huntly
Two global charity organisations will trade places in inner-suburban Melbourne, after the Royal Antediluvian Order of Buffaloes paid $1.6 million for a Caulfield South building owned by The Daughters of Charity of St Vincent de Paul. …
Waverley Gardens shopping centre kicks off $3bn Blackstone sale
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Waverley Gardens shopping centre kicks off $3bn Blackstone sale
Private equity and property giant Blackstone has begun the carve-up of $3 billion worth of retail property holdings more than a year after putting them on the block.
Blockbuster result for Coburg Drive-In
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Blockbuster result for Coburg Drive-In
One of Victoria’s last remaining drive-in cinemas has been reeled in by a buyer for $12.5 million.
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