Victoria Commercial Property News

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

Former Springvale Bunnings to become Aldi, Good Guys
News
Former Springvale Bunnings to become Aldi, Good Guys
A former Bunnings Warehouse site at Springvale in Melbourne’s south-east is to be transformed into a retail hub that will feature an Aldi supermarket and The Good Guys electronics store. The Bunnings site on Springvale …
Take prime position next to Cotton On headquarters
News
Take prime position next to Cotton On headquarters
A North Geelong infill site presents a multimillion-dollar opportunity to build close to some of the suburb’s biggest businesses. The 2.4ha property at 34-44 Separation St is on the market in an expressions of interest campaign through Geelong …
Nylex Clock street art festival a $1m goal for Stynes’ charity
Inspiration & Style
Nylex Clock street art festival a $1m goal for Stynes’ charity
Jim Stynes’ legacy is set to get a $1 million kick forward that could paint it in a whole new light. 
Geelong servo comes with flowing income
News
Geelong servo comes with flowing income
A Newtown service station site is expected to attract interest above $1.5 million when it goes to auction this month. The 2086sq m property at 404-408 Shannon Ave, Newtown, is a prime corner site occupied by a Caltex service …
$280m price tag: Lidcombe, Leopold malls on block
News
$280m price tag: Lidcombe, Leopold malls on block
A wholesale fund run by Vicinity Centres has put two major shopping centres on the block for more than $280 million as it winds back its funds management ambitions and focuses on its balance sheet assets.
US buyers circle hotel near MCG
News
US buyers circle hotel near MCG
Two of the world’s largest property investors, Connecticut-based Starwood Capital Group and New York-headquartered private equity firm Blackstone, are among the major bidders vying for a Melbourne hotel positioned between the Melbourne Cricket Ground and the CBD in a $200 million deal.
Dodo founder to bring $140m office block to Fitzroy North
News
Dodo founder to bring $140m office block to Fitzroy North
Dodo founder Larry Kestelman is planning to develop a $140 million, 10-storey office building in an inner northern suburb of Melbourne, hoping tenants will see the benefits of working near home instead of in the congested CBD.
Woolies, Dan Murphy’s key to Bellarine Village sale
News
Woolies, Dan Murphy’s key to Bellarine Village sale
Dual anchor tenants Woolworths and Dan Murphy’s are expected to create interest in Bellarine Village Shopping Centre, which has been listed for sale.
Melbourne nightclub, hostel tipped to go for 300-apartment tower
News
Melbourne nightclub, hostel tipped to go for 300-apartment tower
A 300-apartment ‘supersite’ has hit the market in Melbourne, worth an estimated $200 million.
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