Victoria Commercial Property News

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

Tiny quarter-acre car park to sell for $9m-plus
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Tiny quarter-acre car park to sell for $9m-plus
A Box Hill development site the same size as the quarter-acre block, once the centre of the great Australian homeowner dream, is set to top a whopping $9 million.
Good time to jump on Geelong motel train
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Good time to jump on Geelong motel train
At a time when local tourism chiefs say the Geelong region is about 1000 rooms shorts of its ideal accommodation needs, it must be a good time to be in the motel sector.
661 bids: Marathon two-hour auction for Bourke St building
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661 bids: Marathon two-hour auction for Bourke St building
A Bourke St, Melbourne, building that hadn’t hit the market in 80 years is believed to have set a commercial property record after a two-hour marathon auction.
Ocean Grove supersite costs local buyer $5m-plus
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Ocean Grove supersite costs local buyer $5m-plus
A speculative investor has secured an Ocean Grove commercial development super site after an expressions of interest campaign drew to a close last week.
One building, two new hotels for Melbourne CBD
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One building, two new hotels for Melbourne CBD
A dual-branded hotel is set to open in Melbourne’s Bourke Street Mall on a site that last year was vacated by retail billionaire Solomon Lew.
Iconic Lorne beachside cafe Arab Coffee Lounge for sale
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Iconic Lorne beachside cafe Arab Coffee Lounge for sale
A Great Ocean Road coffee lounge credited with turning Lorne from a daggy family holiday spot to a hip destination has hit the market after closing last year.
Prime Oakleigh site could house eight-storey tower
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Prime Oakleigh site could house eight-storey tower
Commercial agents Crabtree should know a bit about the office building and potential development site they’re set to auction in the heart of Oakleigh in Melbourne’s south-east. After all, they’ve either owned or leased the building for …
Hilton to open another Melbourne hotel
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Hilton to open another Melbourne hotel
Hilton Hotels is accelerating its plans to grow in Australia, saying it is poised to make a major announcement in Melbourne as part of its program to double its existing operations of 23 Australian properties within five years. 
Gold rush era pub a rare find at $1.5m
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Gold rush era pub a rare find at $1.5m
A Bendigo pub with a history as rich as the gold rush era when it was built, is expected to attract treechangers and local pub owners.
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