Victoria Commercial Property News

It’s been a boarding house, a funeral parlour, a yoga school and a Salvos hostel, and now one of Melbourne’s most historic properties could become a residential mansion once more.

Billionaire Lang Walker is expecting up to three bids for his $2.5 billion Collins Square retail and office project in Melbourne’s Docklands. This article originally appeared on theaustralian.com.au/property.

Retailers seeking a foothold in Melbourne’s CBD can’t be choosy, with just 29 core shop spaces currently available.

Former Toll Holdings boss Paul Little has put a South Wharf development site on the market with permits to build two residential towers with 940 apartments.

A family who owned a site leased to Mitre 10 in bayside Melbourne for 35 years were reduced to tears after it sold for almost $6 million above reserve.

National cinema chain Palace Cinemas has bought a $3.5 million South Yarra office in a deal that will see it move its headquarters from its traditional home in Balwyn.

Hume City Council has paid $1.885 million for a vacant block of land next to its Sunbury headquarters, to round out a tepid week at Burgess Rawson’s first portfolio auctions of the year.

Mirvac has put Melbourne’s landmark retail, hotel and office precinct the Como Centre on the market, with the price expected to push beyond $200 million.

Hotelier Jerry Schwartz and financier Harold Dakin are seeking to build a five-star W Hotel in Lend Lease’s Melbourne Quarter. This article was originally appeared on theaustralian.com.au/property.