Victoria Commercial Property News

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

Geelong: Developers on notice for key sites with residential, commercial opportunities
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Geelong: Developers on notice for key sites with residential, commercial opportunities
THE development potential of sites in three suburbs will be put to the test in separate campaigns.
Commercial property to be hard hit by Victorian budget
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Commercial property to be hard hit by Victorian budget
Business groups and developers say affordability will decline and commercial rents will rise in Victoria as a result of the $2. 4 billion in new property taxes announced in last week’s state budget. Business leaders have dismissed treasurer Tim Pallas’s contention that the budget reflects “a fair and progressive tax system that makes sure everyone pays their fair share to support Victoria’s economic recovery.”
Victoria’s seven-day lockdown to set CBD return-to-work back months: Property Council
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Victoria’s seven-day lockdown to set CBD return-to-work back months: Property Council
The latest circuit-breaker will set return-to-work back much longer than a week and could drive more businesses to the ‘burbs.
New life for bank building after buyer swoops on Geelong landmark
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New life for bank building after buyer swoops on Geelong landmark
A former Geelong bank building dubbed a ripper development opportunity it set to get a new lease on life after being traded.
Bendigo commercial property market heats up as investors chase bigger yields
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Bendigo commercial property market heats up as investors chase bigger yields
A Bendigo building tenanted by Australia Post, sold for $6.375 million this week in a competitive auction that saw a Melbourne investor win-out against a local bidder. Recent commercial sales in the City of Bendigo have reflected the interest of interstate investors in Victoria’s fourth largest city.
Arthurs Seat: Iconic Arthurs Hotel opposite Eagle Skylift for sale
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Arthurs Seat: Iconic Arthurs Hotel opposite Eagle Skylift for sale
Hospitality players are circling the only venue atop Arthurs Seat — “with the most incredible views of anywhere along the entire Mornington Peninsula”.
119-year-old Ballarat building on the market for the first time
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119-year-old Ballarat building on the market for the first time
It’s rare to see a building hit the market for the first time in 119 years, and particularly one that has been in the same family for four generations. But that’s the case with the history-laden Ballarat property.
Melbourne reunion for bar tsar Justin Hemmes
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Melbourne reunion for bar tsar Justin Hemmes
Sydney “bar tsar” Justin Hemmes has broken his silence on why he has inexplicably ventured south, buying his first property outside of NSW with the purchase of Melbourne’s historic Tomasetti House in a $40m-plus deal. Mr Hemmes’s Merivale Group purchased the landmark Flinders Lane property from the Millett family, in what he said was the start of a national expansion for the company.
Landmark Corio motel freehold listed with multimillion price hopes
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Landmark Corio motel freehold listed with multimillion price hopes
Potential investors could play their part in growing the number of beds in Geelong’s accommodation sector with a landmark Corio hotel.
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