Northwest lists medical centres opposite Box Hill Hospital
Northwest Healthcare Properties Australia controlled REIT, the Vital Healthcare Property Trust, is selling two essential services investments opposite Box Hill
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Developer turns profit in central Box Hill
A developer who between 2021 and 2022 bought two standalone single storey retail investments in central Box Hill has flipped
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Jeff Xu seeks childcare operator at Box Hill
Jeff Xu’s Golden Age Group is seeking a pre-commitment for the childcare component of its Sky Square project in Box
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Accor signs up to Box Hill tower
Accor, for its Novotel arm, has committed to a hotel under construction at Box Hill. The group expects to start
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Golden Age invest again in Box Hill
Jeff Xu’s Golden Age Group has snapped up a prime site opposite Box Hill Central from the mortgagee in possession.
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Box Hill site fetches $200m from developer
The McCall Community Gardens Foundation has sold 30.9 hectares around its historic Box Hill House. The north west Sydney growth
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Telstra sells surplus Box Hill block
Telstra has finally offloaded a central Box Hill site, abutting an exchange. At 30 Cambridge Street, the 902 square metre
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Vicinity secures Box Hill office pre-commitment
Vicinity Centres has pre-committed Hub Australia to a 25 level central Box Hill office. The co-working giant will take 4100
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Telstra lists central Box Hill site
Telstra has listed another surplus site expected to wind up in the hands of a residential developer. The 902 square
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Investor outbids developer for permit-ready Box Hill site
A Box Hill office offered permit-ready for a 30-storey mixed-use skyscraper has instead sold to an investor – for $17.158
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APH moves forward with hotels at Box Hill, Hawthorn
APH will replace its Hawthorn headquarters with a seven storey hotel after securing a pre-commitment from Accor. The 87 room
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Not for profits trade Box Hill HQ
The Christian Blind Mission is understood to have sold its Box Hill headquarters to another not-for-profit, the Chinese Community Social
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Developer pays mortgagee $8.5m for central Box Hill block
Two Box Hill sites formerly owned by international school Canaan, which were listed by Cor Cordis as mortgagee in possession
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Box Hill South’s former St Leo’s College sells for $61m
EXCLUSIVE Golden Age Group is paying $61 million for Box Hill South’s former St Leo’s College, abutting Gardiners Creek. The
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Mortgagee lists another Canaan International Box Hill site
Cor Cordis – as mortgagee in possession – has listed another Box Hill precinct development site formerly controlled by international
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Box Hill South’s former St Leo’s College for sale
Box Hill South’s former St Leo’s College is for sale as a medium density residential development site. The five hectare
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Vicinity proposes $2b Box Hill redevelopment – including suburb’s tallest tower
Vicinity Centres has unveiled plans and lodged the first permit applications for a $2 billion mixed-use redevelopment of its prominent
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MAB unveils 19-storey Tempo Box Hill
MAB Corporation has earmarked a 19-storey apartment complex, Tempo, beside Box Hill’s first skyscraper – a commercial building leased to
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Villa Maria Catholic Homes picks up $8.2m Box Hill block
Villa Maria Catholic Homes is paying $8.2 million for a development site in Box Hill. The not-for-profit intends to build
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Telstra lists central Box Hill exchange block again
Telstra has listed land behind a Box Hill telephone exchange after a reported $7.05 million sale in January, 2018, fell
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Stockland paying $415 million for control of Box Hill’s $4 billion The Gables housing estate
Stockland is paying Celestino Property Development, which is owned by poultry entrepreneurs the Baiada family, $415 million for the undeveloped
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Central Box Hill block with development upside trades for $13 million
EXCLUSIVE A former Blockbuster outlet next door to Box Hill’s first major skyscraper sold at auction this month for $13
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Royal District Nursing Service offers Box Hill North block
The Royal District Nursing Service is the latest not-for-profit vendor set to benefit from a recent surge in Box Hill
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Eight villa unit owners bank $14.1 million banding to sell Box Hill site to developer
A Chinese developer is paying $14.1 million to the owners of eight brown-brick villa units occupying a central Box Hill
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Under-utilised Box Hill office sells for c$22 million
A low-rise office on a central Box Hill site marketed for its “significant development potential” is selling for approximately $22
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MS Limited to sell Blackburn Nerve Centre following move to Box Hill
Eight months after MS Limited paid $9.5 million for a new office opposite Box Hill Hospital, in Melbourne’s east, the
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Box Hill deals worth a total of c$55 million made this week
Three prime properties in the Box Hill area found buyers this week, in deals speculated to be worth a total
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Family offloads row of Box Hill shops held for more than 40 years
A row of shops in Melbourne’s Box Hill, owned by the same family for more than 40 years, sold yesterday.
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Loyal Orange Institution of Victoria to sell $15 million-plus Box Hill South holding
The Loyal Orange Institution of Victoria – a society established in 1843 and composed of Protestants who support and defend
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Orion International Group and Box Hill Institute propose 29-storey building
Orion International Group has signed an agreement with Box Hill Institute to replace an open-air car park with a mixed-use
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Community Housing Leases 1000 Sq M Box Hill Office
INTERNATIONAL service provider Community Housing Limited – a specialist in securing local accommodation for residents living in overseas slums and other informal housing – has expanded into flash new Box Hill offices.
CHL has signed a major 1000 square metre lease at 26 – 28 Prospect Street (pictured, right), not far from another smaller building it occupied at 9-11 Prospect Street.
Both buildings are near the side-entrance of the Centro Box Hill shopping centre, which also includes a train station.
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Office of Housing Buys Former Box Hill Aged Care Facility
THE Office of Housing has paid close to $4 million for a disused aged care facility in Box Hill.
Dwellings on the 2480 square metre site, opposite the Box Hill Tennis Club and near the Surrey Hills and Burwood suburb borders, are expected to be refurbished before being made available to public housing tenants.
The purchase continues a trend of the Federal Government, and associated public housing service providers snapping up prevalent development sites all around Melbourne and Victoria.
Some of the biggest public housing projects are currently under construction in Abbotsford, Ashwood, Carlton, Ringwood and Wonthaggi.
Read moreIndonesian Timber Merchant Pays $24.3 Million For Major Box Hill Office, Melbourne
AN Indonesian timber merchant is understood to have paid $24.3 million for one of Box Hill’s most prominent office buildings.
The government leased 883 Whitehorse Road office was quietly sold this week, reflecting a yield of about 8 per cent, based on the suburban office’s annual income of just over $1.98 million.
Whitehorse City Council Rejects 38-Level Box Hill Proposal
PLANS for a 38-level building in suburban Box Hill were rejected by the Whitehorse City Council this week and will now be decided by the Victorian Civil and Administrative Tribunal.
The proposed 133-metre tower, earmarked for an open air car park behind Centro Box Hill Shopping Centre, will include 232 apartments, 176 hotel suites, 4350 square metres of offices and about 4,110 square metres of retail space.
ING Offloads ATO Box Hill Office For $43.8 Million
THE ING Office Fund has sold a suburban office in Melbourne for $43.8 million, reflecting a high yield of 10 per cent.
The 990 Whitehorse Road office in the eastern suburb of Box Hill is fully occuped by the Australian Taxation Office for whom it was purpose built. The ATO’s lease at the 21,235 square metre multi-level building expires in 2014.
Views currently enjoyed by the building’s tenants over the Box Hill railway line may soon be lost if a proposed 38-level mixed use tower, mooted for a car park site at the corner of Station and Carrington streets in behind the Centro Box Hill shopping centre, proceeds.
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Box Hill’s Standard Brickworks set for redevelopment
Box Hill Standard Brickworks could be replaced with townhouses next year. The 7.2 hectare property at the end of Federation
Read morePlans for 38-Level Skyscraper in Box Hill
Melburnians will soon be able to spot Box Hill from a distance, if plans for a 38-level skyscraper get off the ground.
Read moreBox Hill Office Vacancy Tumbles
Box Hill’s office leasing market has been bubbling, with Colliers International research showing vacancy is just 3.92% – a far cry from its 18% peak in 2004.
Read moreBox Hill Suburb Profile
Located about 13 kilometres east of the CBD, Box Hill has become a lot more accessible since the Whitehorse Road tram extended to the Box Hill Central railway station.
Read moreFormer Amcor Packaging Plant in Box Hill to be Redeveloped into $65m Office Park and Retail
A $65 million mixed use office park, industrial park and bulky goods centre will be built on the site of a former Amcor packaging plant in Box Hill.
Read more$65m Offices & Bulky Goods Centre on Former Amcor Packaging Plant in Box Hill
A $65 million mixed use office park, industrial park and bulky goods centre will be built on the site of a former Amcor packaging plant in Box Hill.
Read moreBox Hill Leasing Activity
The once troubled Box Hill office market is enjoying record low vacancy, after a string of lease deals totaling almost 3000 square metres.
The biggest deals were to software management group ManageSoft, which will lease 728 square metres at 18 – 20 Prospect Street, and healthcare merchandiser Melaleuca, which will lease 506 square metres at 826 Whitehorse Road.
Read moreAustralian Punk Rocker Sells Box Hill Home
The musician many Australian music experts credit with introducing the punk rock movement to
Hillsong pays $23m for West Melbourne’s Festival Hall
Hillsong is paying $23.4 million for West Melbourne’s Festival Hall. The Pentecostal church began negotiations in April after concluding as
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Clifton Hill retail asset sells on third attempt
Another Clifton Hill retail investment has sold after the third attempt. The medical professional which previously owner-occupied 105 Queens Parade
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Clifton Hill’s historic Commonwealth Harness, Saddlery and Leather Accoutrements Factory for sale
A historic Clifton Hill property once owned by the Department of Defence is available for sale as a commercial or
Read moreCFS Proposes $20m Redevelopment of Forest Hill Chase Shopping Centre
Colonial First State – part owner of the Myer Bourke Street building and Chadstone Shopping Centre – plans to undertake a $20 million redevelopment of its Forest Hill Chase Shopping Centre, in Melbourne’s east.
Read moreSt Hilliers Fund No. 1 Returns 17.5% pa
St Hilliers Funds Management Limited has confirmed the successful winding-up of the St Hilliers Enhanced Property Fund No.1 (the Fund), the first in its series of closed-end unlisted property funds.
Read moreAmcor has Hawthorn Office in Box Seat
THE packaging company that colluded with Melbourne billionaire Richard Pratt’s Visy group to fix prices is looking for new offices.
Read moreAnother Bathing Box Comes to the Market
To Melbourne’s bourgeoisies, nothing spells exclusivity like a bathing box.
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New Plan for 33-Level Skyscraper in Suburban Melbourne
NEW plans are in the works to redevelop the Box Hill car park which four years ago was earmarked to become suburban Melbourne’s tallest skyscraper.
Developer AXF Group is in discussion with the Whitehorse City Council to build another landmark project at the 545 Station Street site, near the corner of Whitehorse Road and behind the Centro Box Hill shopping centre, which is atop the busy train station.
In 2008, The Age reported plans by the site owner to replace the 2417 square metre site, currently an open-air car park, with a 39-level tower, offering office and retail space, as well as an unconfirmed number of apartments (some of which would have been managed as hotel suites) estimated by some to be a couple of hundred.
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Former Government Pound Hits Market as Development Site
A MAJOR development site offloaded by the State Government six years ago for $2.8 million, has hit the market again, and is expected to sell for almost twice that amount.
The former Box Hill dog pound at the south-east corner of Canterbury Road and Hay Street is being offloaded by retirement village operators, who have decided against building a major 76-unit aged care facility on the site.
The block will be sold with two permits – allowing for an aged care redevelopment, or a more medium density traditional residential development with ground floor shops.
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Ultra Tune Buys Strata Office in Stockland’s Tooronga Redevelopment
DESPITE a job in which driving luxury cars is a perk, Ultra Tune boss Sean Buckley doesn’t want to travel for too long, to get to work.
Mr Buckley will relocate the company’s headquarters from Box Hill, to Glen Iris, after paying a speculated $2.4 million for a 400 square metre strata office suite, part of Stockland’s massive $500 million Tooronga Village redevelopment, about nine kilometres south-east of town.
Even though development at the Glen Iris site has been rampant in recent years, Stockland is only into the first redevelopment stage, of five.
Read moreAustralia’s Largest Homemaker Centre Set to be Developed in Springvale, Melbourne
AUSTRALIA’s biggest Homemaker Centre will be developed in the outer south-east suburb of Melbourne, not far from Autralia’s biggest shopping centre, Chadstone.
The 80,000 square metre $286 million facility will include about 20 stores including Melbourne’s second IKEA, and a Harvey Norman store.
The project was “called in” – effectively approved – by the Planning Minister Justin Madden last Friday, along with a 38-level apartment building and hotel in Box Hill, and another apartment tower in Southbank.
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Landmark Decision to Build 38-Level Apartment Building in Melbourne’s Suburbs
BOX Hill will be identifiable from almost all of Melbourne, after the Victorian Planning Minster Justin Madden “called in” a controversial 38-level tower, behind the Box Hill train station.
The tower would be the tallest outside of the CBD and St Kilda Road area, and is one of two projects called in by the Minister this month.
The other sped-through project is a $100 million homemaker centre in Springvale, in Melbourne’s south-east.
Read moreBurwood and Burwood East Suburb Profile
Home to Deakin University’s biggest campus, Burwood is located about 16 kilometres east of the CBD, and is land locked by Camberwell and Glen Iris to the west, Surrey Hills and Box Hill to the north, Ashwood and Mount Waverley to the south.
Read moreBlackburn, Blackburn North and Blackburn South Suburb Profile
Blackburn is an understated eastern suburb about 15 kilometres east of the CBD, and just east of more exclusive suburbs Surrey Hills, Mont Albert and Box Hill.
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Aged care providers trade $50m Melbourne village
Andrew Philip has sold the last asset held by RCA Villages, which he created in 2008 after holding senior positions
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Not for profit lists major apartment site
Villa Maria Catholic Homes, or VMCH, has listed for sale a park side block permit-ready for a multi-level aged care
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Gold Coast deal sees Local become Australia’s biggest BTR provider
Local has become the country’s biggest build to rent provider following an off-market deal for the seven hectare Smith Collective
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Forza fills ex-Salvation Army HQ after five months
Forza Capital has all but filled the biggest commercial building in Mont Albert Village, five months since settling, when a
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Telstra lists another blue-ribbon development site
Telstra has listed for sale an outgoing exchange in bayside Beaumaris. The 1545 square metre near rectangle shaped holding, 126-128
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Vicinity, Nick Andrianakos trade another mall stake
Vicinity Centres has quietly divested another retail asset – this time in Adelaide’s north. The half stake of Elizabeth City
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Stake in landmark mall sells for discount
Vicinity Centres is on track to divesting some $250 million in assets this financial year, starting with a half-stake in
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HMC sells five more LFR investments
EXCLUSIVE HMC Capital has sold five more large format retail investments held by its Daily Needs REIT (HDN) – pocketing
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Melbourne council sells Modernist ex-library
The Harry Winbush designed ex-Glenroy Library, completed in 1970, will be retained in its existing form after selling to an
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Party supplies chain coming to ‘Melbourne’s second city’
Centuria has filled a showroom at a south east Melbourne homemaker centre acquired with its 2021 takeover of Primewest. Party
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Elanor, Vicinity divest Pilbara mall
A triple anchored shopping centre in Western Australia’s Pilbara has sold to Melbourne fund manager Fawkner Property for a touch
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Old, new Melbourne childcare centres secure tenants
Two northern suburb childcare centres – one developed in 1999 and the other, under construction, have found tenants. In Mill
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Singapore childcare giant commits to $435m project
Singapore based preschool giant Kinderland Early Learning has leased a high profile centre, part of Golden Age Group’s $435 million
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Ex-Salvation Army HQ a counter cyclical buy
The biggest and highest profile commercial building in the quaint Mont Albert Village is for sale again. At 3-7 Hamilton Street,
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BTR venture seeded with Melbourne assets
Local: Residential has seeded its first managed venture with two recently completed Build to Rent assets, all up worth $650
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Telco lists priciest suburban exchanges
Telstra has listed two of the priciest exchanges in its suburban Sydney portfolio – combined, sources say, worth well over
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Melbourne bulky goods complex fetches $67.5m
HMC Capital has sold a HomeCo complex in Melbourne’s east ahead of settling on a pricier retail investment, north west
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Malaysian investors snare Surf Coast mall
Chris Lock has sold Torquay Village after two and a half years for a $10 million premium. The buyer, a
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Garda sells final Melbourne office
Garda Property Group has sold its last Melbourne office as it seeks to become an industrial focused landlord. The ASX-listed
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Macquarie venture buys out two Melbourne apartment towers
EXCLUSIVE Build to rent outfit Local has bought another entire apartment project off the plan – this time in Box
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Ex-Melbourne school set for redevelopment
Golden Age Group has been permitted to redevelop Box Hill South’s former St Leo’s College, with a medium density residential
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Lutherans sell Moreton Bay site to developer
The Lutheran Church of Australia Queensland District has sold a cleared, flat Rothwell site near Grace Lutheran College. The 4.5
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Garda realises major loss on Melbourne offices
ASX-listed Garda Property Group has sold two Burnley offices for a major loss on their June 30 valuation and an
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