Victoria Commercial Property News

The race for a key land parcel in Melbourne’s CBD that could sustain a multi-billion-dollar development has kicked off with the Andrews government asking for expressions of interest to develop the vacant transport land known as The Treasury Square site.

Office investors are swooping on sites around the country that were once destined to become apartment developments, with the latest play on St Kilda Rd likely to end hopes of a luxury block designed by the late star architect Zaha Hadid being built.

Any lingering market reservations were dispelled with the sale of the Box Hill Motel for $1.95 million above initial forecasts.

Seymour’s number one supermarket is to be put up for auction for the first time in 27 years, at a time when supermarkets continue to light up the commercial property investment market.

The former home of radio station 3AW is being replaced by a 19-storey Japanese-influenced apartment tower.

Bunnings Warehouse has put one of its Melbourne’s stores on the market in a rare opportunity to secure a property leased to the hardware giant. The property at Clyde North, in Melbourne’s south-east is the first …

A Ferntree Gully development site looks set to snare a record price when it goes to auction on October 12.

The biggest price ever paid for a commercial property on Newtown’s Pakington St has underlined the investment strength of the inner Geelong shopping strip.

The Singapore-listed Ascendas real estate investment trust has snapped up an under-construction office building in the Monash Technology Precinct in Melbourne’s Mulgrave for $110.9 million.