Victoria Commercial Property News

Having a surf without leaving the suburbs or going near a beach could soon be a reality for people in Melbourne’s south-east, with plans for a major water park now including a surf component.

It might look like a scene straight out of a Ned Kelly, wild west or horror film, but this abandoned old village is just half an hour out of Bendigo — and it’s up for sale.

Investors can fill up on service station investments next month when a string of retail fuel properties are put on the block.

A Ballarat property poised to top $12m is expected to become one of the city’s priciest commercial real estate transactions to date.

Retail behemoth Amazon will open one of its signature new fulfilment centres in the western suburbs of Melbourne, committing to a Dexus logistics park, as it seeks to lock in gains it made during the pandemic.

Bunnings is bringing its Melbourne-based support teams together under one roof, as suburban office markets attract increased attention.

Dandenong’s Family Law Court of Australia could be sold to foreign investors and developed up to seven storeys after being listed for sale.

Suburban shopping centres are powering through the other side of COVID-19, with investors continuing to compete hard for the in-demand asset class.

A Torquay supermarket fresh from a $5 million upgrade has hit the market to test the level of interest in “recession-proof” retail assets.