Victoria Commercial Property News

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

Macau money seals $40m Collins St office deal
News
Macau money seals $40m Collins St office deal
A Macau-backed investor has snapped up an office block on Melbourne’s Collins Street for $40.1 million as offshore money continues to chase opportunities in the city despite yields reaching eye-watering levels.
$2.36m sale: Dandenong church destined for development
News
$2.36m sale: Dandenong church destined for development
A former church in Dandenong has sold for $230,000 above reserve to a developer-investor, who swept past four other bidders to snatch up the property for $2.36 million.
1950s Geelong servo fuels post-auction buy
News
1950s Geelong servo fuels post-auction buy
A Newtown service station will continue pumping petrol for years to come after the landmark freehold site sold after auction.
Bank this bank for less than $500,000
News
Bank this bank for less than $500,000
Dreams of owning a bank don’t have to be limited to corporate high flyers — and they can be realised for under $500,000 in country Victoria. The circa 1879 former Bank of Australasia (ANZ) at …
Tigers roar into former pilates studio near MCG
News
Tigers roar into former pilates studio near MCG
Booming membership numbers aren’t the only thing expanding at Richmond Football Club. The 2017 AFL Premiership winners’ sports science training program is moving on up, with the club taking out a new office space on …
Ex-AFL player buys shopping centre near Hawks base
News
Ex-AFL player buys shopping centre near Hawks base
Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.
High St back in vogue as Melbourne retail strips heat up
Leasing
High St back in vogue as Melbourne retail strips heat up
Vacancy rates at popular boutique fashion strip High St in Melbourne’s leafy Armadale have dipped to a new low below 3.5%.
Robots help put regional hospital on top for design
Inspiration & Style
Robots help put regional hospital on top for design
Robots and gardens have helped a regional hospital to beat luxury apartments and high-end shopping plazas to be named Victoria’s Development of the Year.
Celeb chef’s Biggie Smalls restaurant eats up suburb record
News
Celeb chef’s Biggie Smalls restaurant eats up suburb record
The home of celebrity chef Shane Delia’s hip hop inspired eatery Biggie Smalls has sold for $3.58 million, setting a new record for one of Melbourne’s hottest inner-city suburbs.
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