Victoria Commercial Property News

A humble brick building set to face the wrecking ball has caused outcry among residents in Bayside.

For a Melbourne suburb with proudly working class roots, it’s somewhat surprising that Preston has yet to count a major industrial park among its many warehouses and commercial properties. But that’s set to change, with …

Chinese-backed commercial dev­eloper Golden Age has picked up a building in Melbourne’s Little Collins St belonging to the Uniting Church Synod of Victoria and Tasmania and high-profile developer Jonathan Hallinan, paying about $43 million.

Owners have raked in more than $22 million from childcare asset sales in the Geelong region in the past year.

It’s a change of name but business as usual for one Melbourne commercial real estate agency.

Buyers have the opportunity to tap into Collingwood’s landmark Yorkshire Brewery tower — once the tallest building in Melbourne.

A Box Hill shophouse investment has paid off handsomely for its long-time owners.

Tasmania’s hotel market is in full swing with Hobart’s MACq1 Hotel selling for about $50 million this week to a syndicate of investors, while in Melbourne developers are poised to build a significant hotel at the airport.

The long-held Tsindos restaurant site in the city’s Greek quarter has fetched a whopping price.