Victoria Commercial Property News

Investors are expected to descend on Victorian tourist mecca the Yarra Valley, after neighbourhood shopping centre Healesville Walk was listed for sale.

Vacancy on inner-city Melbourne thoroughfare St Kilda Rd has fallen to its lowest level in eight years, amid predictions the precinct will one day be overwhelmingly residential-based.

Singapore-listed Ascendas Hospitality Trust has tapped advisers as it readies to bring the Pullman and Mercure hotel in Melbourne’s leafy Albert Park to market. This article originally appeared on theaustralian.com.au/property.

National Australia Bank is set to shake up another city leasing market as it weighs up moving from its Bourke St building in the central business district. This article originally appeared on theaustralian.com.au/property.

A Melbourne commercial agent says overpricing and local government red tape are continuing to hurt Richmond’s Bridge Rd retail strip.

Options abound for enormous Hunter Valley site, one of Victoria’s largest vineyards sells for $22 million-plus and a Brisbane health precinct up for grabs. MORE NEWS AND DEALS.

Dexus Property Group has found buyers for two major commercial properties, including Melbourne’s famous Southgate complex on the Yarra River.

Pembroke is banking on a new wave of tech companies scouting for premium office space and a prestigious address to fill Melbourne’s upgraded landmark T&G building. This article originally appeared on theaustralian.com.au/property.

Investors came hard for a KFC outlet in suburban Melbourne but many sat on their hands at a quiet Burgess Rawson investment auction on Wednesday.