Victoria Commercial Property News

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Businessman plans HQ and museum after buying Old Geelong Goal

Businessman plans HQ and museum after buying Old Geelong Goal

Georges building to become Hub’s third Melbourne co-work space

Georges building to become Hub’s third Melbourne co-work space

Australia’s biggest co-working space provider is expanding its Melbourne base, signing a long-term lease at the historic Georges building in the heart of the CBD.

Investor pays $40m for neighbouring Geelong offices

Investor pays $40m for neighbouring Geelong offices

A high net worth Victorian investor has paid close to $40 million to buy neighbouring office buildings on Ryrie St, Geelong.

Blackburn’s future tallest building it’s second-priciest

Blackburn’s future tallest building it’s second-priciest

Blackburn’s tallest building has just changed hands for more than $23 million — the second-highest price ever recorded in the suburb.

Hotel building boom takes bite out of Melbourne room rates

Hotel building boom takes bite out of Melbourne room rates

Room rates in Melbourne’s aggressively expanding hotel market have declined over the past two months due to the increase in hotel stock and the high quality of Airbnb stock located near the CBD.

Melbourne’s Celtic Club site development forges ahead

Melbourne’s Celtic Club site development forges ahead

Malaysian developer Beulah International is pushing ahead with its luxury apartment tower in the Melbourne CBD, winning $100 million in financing for the project.

Mildura mega block could become 500 houses

Mildura mega block could become 500 houses

A Mildura mega block spanning more than 35ha that could be turned into 500 houses could be sold offshore for millions.

Old Geelong Grammar transformed from squat to student digs

Old Geelong Grammar transformed from squat to student digs

The former Geelong Grammar School has hit the market after renovators waved their magic wands and transformed it into a student accommodation facility.

Bourke St Mall icon sells after 60-plus years

Bourke St Mall icon sells after 60-plus years

A Bourke Street Mall building has fetched well above $40 million in its first sale in more than 60 years.

Australia’s first Kmart to sell as part of $200m Burwood One offering

Australia’s first Kmart to sell as part of $200m Burwood One offering

Burwood One shopping centre could fetch up to $200 million when its family owners hand over the keys for the first time in 26 years.

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