Victoria Commercial Property News

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

Returns swell for Ocean Grove investors
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Returns swell for Ocean Grove investors
Investment opportunities in Ocean Grove are providing a bigger return to buyers as demand for quality office and retail accommodation rises.
St Kilda’s Novotel set for $550m apartment development
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St Kilda’s Novotel set for $550m apartment development
The former head of failed investment group Babcock & Brown has made a high-profile property comeback, helping finance a $550 million luxury residential development deal in St Kilda.
Coles tipped to pocket $25m from Drysdale store sale
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Coles tipped to pocket $25m from Drysdale store sale
Grocery giant Coles is expected to reap about $25 million through the sale of its new supermarket at Drysdale.
Record sale on Brighton’s glitz strip
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Record sale on Brighton’s glitz strip
Brighton’s Church St shopping strip remains hot property, with a new commercial price record set, as retail vacancy rates continuing to tumble.
The secrets of Melbourne’s first streets
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The secrets of Melbourne’s first streets
Melbourne’s oldest street has been revealed as Flinders Lane. 
Geelong office demand puts developments in focus
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Geelong office demand puts developments in focus
The time is right for commercial property developers to turn office blueprints into reality as businesses hunt for new, modern spaces, leading CBD commercial agent Michael DeStefano says.
WA investor catches Subway in Melbourne despite late landing
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WA investor catches Subway in Melbourne despite late landing
Western Australia to Melbourne is a long way to fly, only to find you’ve missed the auction you flew in for. But a Perth-based investor who jetted into Melbourne in the hope of gobbling up …
Portfolio auctions bounce back in big way
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Portfolio auctions bounce back in big way
Investors have dived back into the commercial property market with gusto at the most recent Burgess Rawson portfolio auctions. After a slower first half of the year the June auction rebounded in a big way, …
Two buyers make 300 bids in battle for Abbotsford property
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Two buyers make 300 bids in battle for Abbotsford property
A bidding war for an Abbotsford commercial property saw two bidders accumulate a whopping 300 bids. 
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