Victoria Commercial Property News

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

Three-way tussle for St Kilda Rd’s VACC House
News
Three-way tussle for St Kilda Rd’s VACC House
The race is heating up for an eight-level office block in Melbourne’s busy St Kilda Road corridor, with three buyers believed to be left in a fierce bidding war for the building.
Take prime position between Maccas and 7-Eleven
News
Take prime position between Maccas and 7-Eleven
A key commercial site between a new McDonald’s restaurant and a 7-Eleven fuel outlet at Armstrong Creek has hit the market.
Mixed messages from buyers at portfolio auctions
News
Mixed messages from buyers at portfolio auctions
Australia’s commercial property market might be as hot as ever, but vendors and buyers often have wildly different expectations of property values, according to some agents. While buyers cherrypicked nine of the 11 properties on …
Little Red Trucks building sells for big red price
News
Little Red Trucks building sells for big red price
Investors were quick to move in on a small Brunswick warehouse that is home to removals company Little Red Trucks. The property at 43-45 Edward St, in Melbourne’s inner north, sold at auction for $2.4 …
Ivanhoe Pigeon Club flies off shelf
News
Ivanhoe Pigeon Club flies off shelf
Ivanhoe Pigeon Club’s final chapter has ended with a bang, with the headquarters of local avian-appreciators soaring beyond reserve at auction.
Rental yield drives investors to Geelong’s Ritz
News
Rental yield drives investors to Geelong’s Ritz
An expected strong net rental yield is enticing investors to Geelong’s first upscale 4.5-star accommodation to be built at the neglected Ritz site.
Nylex clock silos get Tiger treatment
Inspiration & Style
Nylex clock silos get Tiger treatment
Commuters stuck in Punt Rd traffic will have something new to ponder for the next three months, with Cremorne’s landmark Nylex clock silos sporting a fresh look.
$120m: Geelong shopping centre triples space, quintuples price
News
$120m: Geelong shopping centre triples space, quintuples price
Leopold’s Gateway Plaza shopping centre is expected to attract buyer interest around $120 million after it went on the market. A year after completing an $85 million expansion, the owners of the shopping complex managed by …
Coles Clayton sells on jaw-dropping yield
News
Coles Clayton sells on jaw-dropping yield
A supermarket in suburban Melbourne has changed hands for an eye-watering 2.57% yield as retail assets continue to draw buyers, defying worries over the sector.
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