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Victorian property and real estate news. Features and news regarding commercial, industrial and residential property is published frequently here. For regular updates, subscribe to our RSS feed or newsletter.

Gippsland Lakes Property Hits the Market

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Written by Marc Pallisco   
Saturday, 13 March 2010 21:44

A 31.47 hectare island in the Gippsland Lakes has hit the market, and is expected to sell for about $2.8 million.

Flinders Island has been operating as a resort foe the past 30 years, and is being sold by Computershare founder and chairman Chris Morris, and co-owner Andrew Henderson, who have owned it for about 20 years.

The property includes a golf course, swimming pool, tennis courts and a 30-person ferry, as well as a homestead.

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Bourke Street's Prominent Emporio Shoes Building For Lease

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Written by Marc Pallisco   
Friday, 12 March 2010 21:41

BOURKE Street’s prominent former Emporio Shoes building has hit the rental market.

The 97-year old four-level retail premises, formerly known as the Francis & Co building at 280 – 282 Bourke Street, includes 74 square metres of ground floor space, and another 465 square metres in the basement and on upper levels.

Emporio shoes traded from the building (formerly occupied by the Body Shop) for about fifteen years until its parent company, the Figgins Group, went into administration in 2009.

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Victorian Minister Justin Madden Facing Second Vote of no Confidence in a Year

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Written by Marc Pallisco   
Thursday, 11 March 2010 21:21

VICTORIAN Planning Minister Justin Madden is “expected to face a grilling” at this month’s parliamentary inquiry into corruption in the planning system.

The Labor Party is in damage control, and its credibility under serious question, after a senior media adviser sent an email which proposed using a public consultation, as grounds to knock back plans for a 25-level tower behind the Windsor Hotel, the fate of which may have already been decided.

The final decision about the project rests with Justin Madden, and the email was meant for him.

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New $20 Million Shopping Centre Earmarked For Yarrawonga

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Written by Marc Pallisco   
Thursday, 11 March 2010 21:15

YarrawongaYARRAWONGA’s prominent Pigdon Motors site may be redeveloped into a relatively major shopping centre with a speculated end value of about $20 million.

The Moira Shire Council is reviewing an application to develop a 3,500 square metre supermarket, which would be leased to Woolworths, and 11 specialty shops, totaling 1170 square metres, on the site at the southern edge of the town centre.

Planning Minister Justin Madden recently approved an amendment to a planning scheme, allowing land to be rezoned to commercial use, in keeping with the Yarrawonga Strategy – 2005.

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Apartments Planned For Saint Cloud Site, on Prominent South Yarra Bluff

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Written by Marc Pallisco   
Wednesday, 10 March 2010 21:39

FIVE years since it was first listed for sale, the owner of South Yarra’s reportedly largest – and arguably one of its most prominent - residential land holdings, is seeking a permit to build apartments.

If approved, a major complex rising five levels above a garage, and containing 12 apartments and 28 car spaces will replace the distinctive Saint Cloud estate, at a bluff at the top of  tree-lined Kensington Road, and sloping down to Alexandra Avenue and the Yarra River.

The 5600 square metre site currently includes a 929 square metre, semi-circle, white mansion, built about 20 years ago, and visible from the Monash Freeway near Gunn Island.

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