Victoria Commercial Property News

Luxury Hong Kong hotelier Mandarin Oriental has beaten other big name hoteliers such as The Peninsula Group and Aman Resorts in the race to open for business in Australia. This article originally appeared on theaustralian.com.au/property.

A popular Hepburn Springs guesthouse honoured as a Small Luxury Hotels of the World and named after Australia’s fourth governor-general has hit the market.

Popular but ageing family fun park Gumbuya Park will receive a $50 million facelift in a bid to make it one of Victoria’s best tourist attractions. The Tynong facility, which has operated for nearly 40 years, will be …

The historic Tullamore homestead is set to become a $27 million country club as part of Mirvac’s development of the old Eastern Golf Course.

At least 30 buildings in Melbourne are still rated as fire risks or “non-compliant” because they have cladding panels similar to those that accelerated a high-rise fire in the city in 2014 and are suspected of contributing to London’s deadly tower inferno. This article originally appeared on theaustralian.com/property.

Thanks to the “set and forget” nature of childcare investments, and long leases, savvy investors have a growing appetite for sites around the country.

Melbourne office towers have become among the hottest properties in the country with a series of new deals rerating the market as global buyers look to access the rental growth forecast to turbocharge the market in coming years. This article originally appeared on theaustralian.com.au/property.

Brighton’s landmark Marine Hotel has been sold to a Chinese mainland buyer for almost $3 million more than it fetched at auction just last year.

A shopping strip in Lara has sold well over reserve to a local investor.