Commercial and residential property news
Yet another large chunk of office space is about to become available in central Collins Street, with Industry Superannuation Property Trust confirming it will market almost 31,000 square metres of office space at 447 Collins Street, soon to be vacated by financial services giant AXA.
Read moreBoutique apartment developer Ubertas has made its second foray into the St Kilda Road market, picking up the former Roche Brothers building at 568 St Kilda Road, for a price believed to be more than $15 million.
Read moreA Melbourne-based private investor has outmuscled syndicates and institutions for a large office building on the banks of the Yarra River in Abbotsford.
Read moreChisholm & Gamon agent Christine Nicholson found a reason to open a bottle of bubbly last weekend, breaking her own record price for a famous Bank Home, in the Garden City precinct of Port Melbourne.
Read moreThe top end of the market has been on fire this week – alleviating any concerns rising interest rates, an uncertain share market or even a new political party could destabilise the booming market.
Read moreAny chance of a new price record being set in the leafy eastern suburb of Canterbury looks unlikely to occur anytime soon, after the Monomeath Avenue mansion of business identity Anthony Podesta failed to sell after an expression of interest campaign.
Read moreThe former family home of StawellÂ’s most famous sporting export, Leslie OÂ’Brien Fleetwood-Smith, has been put on the market for sale.
Read moreDescribed as one of the 100 most influential people in the digital world, businessman turned politician Evan Thornley, and wife Tracey Ellery, are believed to have quietly smashed the record for a house price in Kew.
Read moreBoutique office building developer Wolfstep is continuing its push into the eastern and south-eastern suburbs, announcing plans this week for a $10 million strata office building in Surrey Hills.
Read moreThe jury is still out as to whether Colliers International founder Bill McHarg was forced to resign his position from the companyÂ’s board, the day before a controversial advertising campaign, personally attacking Prime Minister John HowardÂ’s performance on the matter of climate change was launched last week.
Read moreFollowing in the footsteps of rival newspaper The Age which recently leased a new building at Docklands, speculation is mounting this week that the Herald & Weekly Times, publisher of The Herald Sun, is looking to move across the road from its main rival.
Read moreThe fallout from Bill McHargÂ’s shock resignation from Colliers International last week, has now claimed its first corporate casualty.
Read moreFujitsu may have delivered developer Lend Lease an early Christmas present, by leasing all remaining office space in a Docklands building currently under construction at 825 Bourke Street.
Read moreThe woman who bought the Crathre House mansion in East Melbourne has been revealed as the same buyer who famously sold her Toorak house to a neighbour for almost $7 million, so that he can demolish it and erect a tennis court.
Read moreFor the second time this year, a new price record has been set for a St Kilda Road apartment.
Read moreHere’s an investment which would have to rank above par.
Read moreTenants wanting to lease more than 1000 square metres of space in Hawthorn may be forced to look at the plethora of new office buildings under construction, after a string of leases soaks up what limited existing office space is left in the eastern suburb.
Read moreA year after winning the rights to develop the Transport Accident Commission’s new Geelong headquarters, developer and fund manager FKP is motoring out of Geelong and selling the building.
Read moreTHE packaging company that colluded with Melbourne billionaire Richard Pratt’s Visy group to fix prices is looking for new offices.
Read moreThe Punt Hill Group has announced plans to build 127 new serviced apartment rooms, in two separate projects in Melbourne’s south-eastern suburbs.
Read moreProspective Brighton’s Esplanade buyers are spoilt for choice at the moment.
Read moreOn the topic of iconic homes – the “Pamela Anderson House” in St Kilda West has sold off market, after an auction last month failed to attract one single bid.
Read moreAll eyes turn to Toorak this month, with the pressure on for disgraced businessman Steve Vizard to find himself a new family home, and soon.
Read moreThe announcement by the Reserve Bank of Australia this week to increase interest rates 0.25 per cent affects renters as much as it does home owners, property managers have warned.
Read moreWhile the Spring Racing Carnival is considered one of the Melbourne’s best events to schmooze interstate and international guests, directors at one of city’s biggest commercial agencies found a way to bring Melbourne’s equine mania, to Sydney Harbour.
Read moreMelbourne-based developer the Pellicano Group has made more than $8 million from the sale of 17 strata office suites, at a Notting Hill business park.
Read moreFive retail shops on the ground floor of St Kilda RoadÂ’s Chevron Hotel have sold via an expression of interest campaign, in deals worth more than $6 million.
Read moreFifty years ago, developers wanted to replace the grand old Astor Theatre with its traditional stalls and dress circle, with a bowling alley or library. Now developers are eyeing the cinema block as a site for high-rise apartments.
Read moreStaff at developer FKP may be walking around their Hawthorn offices a little slower this week, after returning from a 9 day trek of the Kokoda Trail in Papua New Guinea.
Read moreFormer world professional surfer Glyndyn Ringrose and wife Kate will bid farewell to Cape Woolamai next month. The championship surfer, who manages Phillip Island’s Island Surfboard store (which once competed with another surf store owned by Skyhooks lead singer and keen surfer Shirley Straun), is moving locally.
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