Victoria Commercial Property News

The site of ritzy South Yarra nightclub The Emerson has hit the market with price expectations of about $11 million.

Brooklyn, the 1880s-built heritage-listed Fitzroy property operating as a four-star hotel, has hit the market for the first time in a decade.

The curtain has come down on the long-running saga of the redevelopment of Melbourne’s historic The Hotel Windsor, with ambitious plans for an overhaul of the city’s last grand 19th century city hotel scrapped for now.

In a shrewd behind-the-scenes play for one of Melbourne’s most coveted restaurant sites, entrepreneur Chris Lucas has secured the building currently occupied by Italian stayer Becco. He will take over the Crossley Street restaurant site, remembered by many as Pellegrini’s tavola freddo cantina, in 2021.

Prospective buyers are playing with their building blocks to see how far they can take the old site of Highton’s kindergarten.

Artists David and Yuge Bromley have sold one of the two Ballarat properties they enhanced with their signature style.

A subsidiary of listed wholesale food service distributor BidFood has secured potential future premises for its Geelong operations in a deal speculated to be worth about $3 million.

The listed Mirvac and Singaporean co-owner Suntec REIT have flagged their belief in the strength of the top end of Melbourne’s office market as they topped out the main structural works at Olderfleet, their premium building in Collins St.

Improving office leasing markets in the nation’s resources capitals and the rise of co-working tenants in eastern seaboard central business districts are driving expectations that markets will favour landlords.