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Wednesday, 21 December 2011 21:53 |
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 THE Yarra City Council has approved the $400 million redevelopment of Channel Nine's long-time Bendigo Street studios, in Melbourne's inner east.
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Friday, 16 December 2011 00:05 |
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 FORMER Macquarie Group head Bill Moss, on behalf of a consortium of wealthy investors, has paid $25 million for Tasmania’s Cradle Mountain Lodge.
The asset, developed 25 years ago, has been affected by dwindling tourism numbers which have seen holiday arrivals in Tasmania collapse from 450,000 at a peak in 2007-08, to about 375,000 recently.
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Friday, 16 December 2011 00:02 |
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 THE Ascot Vale home where underworld figure Desmond “Tuppence” Moran was nearly killed sold at auction this weekend for $1.105 million.
The Langs Road home, opposite the northern boundary of the Flemington Racecourse and near the Flemington suburb border, is on a super-sized 1020 square metre block, and includes a historic large home with postcard Melbourne CBD skyline views.
It is not known whether the new owner will restore the salmon pink home, or replace it with a newer home. According to the Herald Sun, about $600,000 from the sale will be confiscated under the proceeds-of-crime laws.
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Thursday, 15 December 2011 00:00 |
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 ST KILDA West’s prominent “Pamela Anderson House” (pictured, right) has been relisted for private sale at $1.62 million after failing to sell after an Expression of Interest campaign that closed in mid-November.
Built by former football identity Sam Newman in 2000, the distinctive property in Canterbury Road and at the suburb border of Middle Park includes a faint close-up image of the Baywatch star, within its three-level glass façade.
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Wednesday, 14 December 2011 00:00 |
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 Sydney-based developer EG Funds Management has lodged plans to replace a rundown Kensington wool store (pictured, right) with a major residential village.
The 110-year old historic building, next door to flour processing plant Allied Mills, whose factory is prominent to commuters taking the Bolte Bridge, is expected to be retained in any redevelopment.
EG is seeking to build at least one tower, rising up to 12 levels, on its site, according to The Age which reported the development application that has been rejected by council.
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Tuesday, 20 December 2011 00:00 |
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 SUPERANNUATION fund REST is believed to be close to selling a Sydney CBD office building to Dexus Property Goup for $60 million.
The 19-level, 10,896 square metre office at 50 Carrington Street (pictured, right) overlooks Wynyard Park and includes ground floor retail space.
Nine tenants lease the building which is about 25 per cent vacant. REST purchased the building from British Property Giant MEPC in 1998 as part of a portfolio.
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Monday, 05 December 2011 00:00 |
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 SYDNEY based developer and fund manager Stockland has outsourced the management of its office and industrial assets to California-based CBRE.
A copy of Stockland's announcement to the ASX is below:
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