High profile car dealer Nick Politis, also the chairman of NRL team Sydney Roosters, acquired an eastern Melbourne commercial building with development upside for $11.2 million at auction on Thursday. The 1795 square metre Commercial 2 zoned parcel at 20-24 Hall Street, Hawthorn East (pictured, top), was offloaded by Melbourne private investor David Ben David.Read more
Pace Development Group has acquired its second Melbourne development site in two months. The Hawthorn East holding at 9 Montrose Street (pictured, top) is costing the developer $4,062,500. Currently a 460 square metre commercial building, occupied by Crossfit Gym, which pays annual rent of $75,000 – the 478 sqm parcel was marketed with a permitRead more
The Smile Designs Dentistry centre, built into a historic home in Melbourne’s ritzy Hawthorn East, has sold for $1.9 million – a deal which reflects a 3.9 per cent passing yield. Six bidders competed for 368 Tooronga Road before a large crowd at auction last week. The 147 square metre building occupies a 520 sqmRead more
EXCLUSIVE Four neighbouring, historic red brick homes in Melbourne’s leafy east, listed for sale in July as a development opportunity, have sold for $11.675 million. The Hawthorn East properties, 6, 8 and 10 Tourello Avenue and 9 Myrniong Grove, occupy a 3460 square metre battle-axe shaped plot. Branded for the marketing campaign as The AndersonRead more
A healthcare investment facing Cato Park to the north and the valuable Hawthorn East employment precinct to the west, will be auctioned on August 29. Smile Design Dental has occupied 368 Tooronga Road, Hawthorn East, for more than 20 years. It is being sold with a 10-year lease to the tenant, which pays current annualRead more
Postscript: this home sold at auction for $1.465 million. Former Victorian Football League player Mal Brown is selling his Hawthorn East townhouse and moving to the Mornington Peninsula. The Melbourne property at 4/2 Myrniong Grove is expected to trade for between $1.3 million and $1.4 million. The listing comes nearly two months since Mr Brown’sRead more
A lucky family is set to bank about $12 million selling a portfolio of four standalone, neighbouring homes, in exclusive Hawthorn East. The 3460 square metre battleaxe shaped holding – being marketed as the Anderson Hill Collection – includes 6, 8 and 10 Tourello Avenue, and 9 Myrniong Grove. Near Anderson Park and Auburn SouthRead more
Melbourne developer Cadence, directed by Charlie Buxton, the son and nephew of veteran builders Andrew and Michael Buxton, has paid $6.5 million for new company headquarters. Cadence is purchasing 1-5 Hall Street, Hawthorn East, following an expressions of interest campaign managed by Fitzroys Chris James, Jordan Ceppi and David Bourke. The vendor, a private investor,Read more
Postscript: this home sold just after auction for $2.56 million Entertainer Dannii Minogue is selling her contemporary Hawthorn East home. The singer and actress turned TV show judge and host can expect more than $2.6 million for 466 Tooronga Road, which goes to auction on June 22. Ms Minogue paid $2.05 million for the double-storeyRead more
Tony Vrzina, former president and coach of the Melbourne Knights soccer club, has banked $2.7 million from the sale of an industrial showroom in Hawthorn East. The single-storey building at 31 Hall Street with 460 square metres of lettable area and three car parks, was leased mid-campaign to a healthcare occupant. It sits on landRead more
OLYMPIC rower George Jelbart is selling a renovated two bedroom apartment he bought while at the 2004 Athens Games.
Jelbart, who was a member of the youngest ever rowing crew in the history of the Olympic Games, can expect about $500,000 from the sale of the ground-floor Hawthorn flat at 4 Hill Street.
The apartment includes a private entrance, and video security access. It includes a north facing deck and a pebble courtyard, and is a short stroll to the suburb’s popular St James Park.Read more
HAWTHORN East’s former Preshil School site has re-opened as a small, new housing estate.
A spokeswoman for the Boroondara Council said a Plan of Subdivision was certified on July 9, in which Daniel Court replaces a site previously known as 462 – 466 Barker Road.
The planning application to replace the school with a new street was lodged in early 2006.
Daniel Court has eight blocks, ranging in area from about 550 square metres to just over 720 square metres.Read more
The AFL footballer who scored an unprecedented three winning nominations for Mark of the Year in 2006, is selling an investment property in Hawthorn East.Read more
EXCLUSIVE Ralph Carr (pictured, right) has finally found a buyer for his Hawthorn mansion. The grand Victorian at 26 Shakespeare Grove (pictured, top) – within one of Melbourne’s most revered precincts, St James Park Estate – has been for sale since April. The sports and entertainment manager paid $7.55 million for the five bedroom houseRead more
EXCLUSIVE A Melbourne investor is speculated to be paying close to $8.8 million for a renovated Hawthorn office on a Commercial 1 zoned site with redevelopment upside. The 950 square metre double-storey building, with 19 car parks, sits on a 1039 sqm plot at 5-7 Guest Street, walking distance to the Glenferrie Road retail strip,Read more
The price of the East Melbourne apartment which hit the market in May asking $46 million has been substantially revised. The new Statement of Information attached to the listing for 1101/150 Clarendon Street indicates a guide price of between $36 million and $39.6 million. At that value, the dwelling would still set a record priceRead more
EXCLUSIVE An East Melbourne property would become the priciest apartment sold in Victoria if it achieves its $46 million asking price – or anything close. A sales campaign for the sub-penthouse at 150 Clarendon Street (pictured, top and below), was launched on Instagram yesterday by Whitefox director Marty Fox. The marketing is unusual for aRead more
One of the country’s biggest self-storage and small warehouse providers has acquired a development site in Ringwood. Sector Property Group is planning to replace 93A Heatherdale Road with a two-level, architecturally designed facility containing nine office-warehouses, five strata offices and 55 own-your-own storage units. The Ringwood property will be the fifth Sector Property Group facilityRead more
The Hawthorn East wine bar co-owned by AFL sportsman Max Gawn opens today. East End Wine Bar fills part of a space occupied for 80 years until 2015 by Camberwell Junction retail institution, Young’s Auction House. The Melbourne ruckman – who is playing his 100th AFL game today – leased the retail area last MayRead more
An investment property with development upside in the eastern Melbourne suburb of Hawthorn has sold for $25 million – a substantial rise on the $17 million the vendor paid two years ago. LYZ Property Group – a subsidiary of China’s Hengmao Group – is selling the asset to another Chinese investor. When 283-285 Burwood RoadRead more