Victoria Commercial Property News

A South Yarra cafe made famous when it was created as part of Channel 9 series The Block is on the market, with expectations it will fetch around $1 million.

The property that is home to a BMW car dealership at Bundoora in Melbourne’s northern suburbs is up for sale. BMW Bundoora operates its sales showroom and service centre from the 15,210sqm site, which includes a new …

A Healesville landholding with plans for a Chinese tourist park is on the market for $8.8 million, awaiting a buyer to turn the proposal into reality.

The Greg Paramor-led Folkestone has struck a deal that will see it develop a $70 million shopping centre and large format retail site in the Melbourne suburb of Altona North. This article originally appeared on theaustralian.com.au/property.

A Chinese developer has splashed more than $30 million on one of the largest individual landholdings on the Mornington Peninsula. The 63ha Morning Star Estate in Mt Eliza was sold by CBRE for $36.2 million when it changed …

A Batesford buyer has snapped up the old school site at Lethbridge on a whim, with no plans in place for what he wants to do with it.

Chinese-backed investment firm iProsperity Group has pushed further into the Australian market, swooping on a shopping centre in suburban Melbourne in a deal worth $45 million. This article originally appeared on theaustralian.com.au/property.

With the number of car parking spaces in Melbourne’s inner city continuing to dwindle, the sale of more than 500 of them below an office complex on St Kilda Rd is set to spark investor interest.

Melbourne’s eastern suburbs are set to get a $1 billion residential, retail and office development, with private developers Schiavello and The Saraceno Group teaming up for a new project near Monash University.