Victoria Commercial Property News

Commercial property buyers have seized almost $70 million worth of property at Burgess Rawson’s final Melbourne Portfolio Auction event of 2019.

Luxury holiday resort Ocean Grove Chalet is up for sale a year after opening, with a price tag of $6.995 million to $7.6 million.

Local buyers have outmuscled international developers to secure a prominent commercial site in Camberwell in an eight-figure December sale.

Supermarket giant Woolworths has stepped up plans to expand its store network and has emerged as the buyer of 10 Caltex service station properties the oil company sold across Australia last week in a larger $136 million deal.

Six Victorian petrol stations have moved a step closer to shutting their bowsers after a mass sell off by Caltex — and more closures will be announced next year.

An exceptionally rare opportunity to secure a development site with foreshore frontage on Victoria’s coastline has hit the market.

St Kilda’s former Greyhound Hotel site will be developed as planned after several months in limbo and more than $1 million was wiped from the cost of the patch of dirt.

Melbourne’s Chadstone shopping centre, co-owned by billionaire John Gandel and the listed Vicinity Centres, is set for a makeover with its owners submitting plans for development worth more than $600 million.

Max Cooper is about to clock off as a watch and jewellery repairer for the last time, after selling the Footscray store that’s been in his family for 81 years.