Prestigious private boys college Ivanhoe Grammar is understood to be the mystery buyer of a 1600 square metre retail showroom and development site, across the road from its Ridgeway campus in Ivanhoe.

Sacked Coles executive Peter Scott won’t have any trouble paying his upcoming legal bills, after offloading his historic Brighton pad for $5.4 million.

Telstra’s decision to relocate around 4000 employees to the outer south-eastern suburb of Clayton, will blow out vacancy levels in several suburban office markets from 2009.

Leighton Leasing Activity

Lachlan REIT this week announced a string of national lease deals which see two of its four funds become fully leased. The biggest Melbourne deal is the re-signing of Hagemeyer Asia Pacific to 456 Lower Heidelberg Road in Heidelberg for six years. The electrical distributor, responsible for brands including Smeg and Blanco, leases 3,617 square metres of the property.

It’s back to the drawing board for Wilbow’s Camberwell Honda project. The Boroondara City Council this week refused a planning application for a medium density residential and office tower at the busy Camberwell junction in East Hawthorn.

Triple Olympic medalist, and father to be, Matt Welsh sold his Port Melbourne terrace home after auction last week for $1.1 million.