Author: Marc Pallisco

Hub Australia has leased its fourth Melbourne premises and eighth nationally. The co-work office provider has committed to space on levels two, three and seven at Dexus’ Ball and Welch development – a 20,000 square metre project incorporating a historic building at 180 Flinders Street, and 189 Flinders Lane, due for completion in six months.

The four storey strata titled Abbotsford office upon which the iconic Skipping Girl neon sign was built in 1970 is for sale. Skipping Girl Place at 651 Victoria Street is expected to trade for more than $20 million to an investor, owner occupier or even developer which might consider utilising the airspace longer term. A

NASDAQ listed LeMaitre Vascular – which manufactures artificial veins, a patented technology – has sold its Australian sales centre near the site taking shape as the Arden train station, part of the $11 billion Metro Tunnel project. The buyer outmuscled a mix of other owner occupiers, and investors, to secure 36-40 Munster Terrace for $2.701

An unfinished mansion on an enormous pile in the heart of Toorak’s ritzy St Georges Road is quietly being marketed for sale with a guide price of $80 million, which would set a state record for a dwelling. The holding was acquired from former Hoyts boss Leon Fink by property developer David Yu of Ausvest

Frasers Property Industrial has signed up Mazda Australia to be the first occupier at its 4Ten Epping industrial estate, in Melbourne’s north. Mazda has pre-committed to a 37,235 square metre facility which will be occupied as its national parts and distribution centre. Due for completion in December the property will include 960 sqm of office

Virtus Property Group is paying $17.9 million for an industrial investment in Melbourne’s south east Clayton. The soon to be vacated property was sold by Reece Australia and its owners, the Wilson family, following an off-market deal negotiated by JLL. At 74-86 Garden Road, the asset includes a 10,857 square metre warehouse with clearance of

Stomping Ground has opened Australia’s first airport brewery – and the fourth in the world – at Melbourne. The Collingwood based spirit maker has leased a 330 square metre space within Melbourne Airport’s Terminal 3. The occupier will produce 24 drought beers and six drought wines on-site. Tasting paddles and takeaway tinnies will also be

Ruyi Australia Group, the local arm of Chinese textile giant Ruyi Group, has listed Western Victorian country estate Larundel, south of Ballarat. Ruyi snapped up the 942 hectare holding in March, 2011, paying $13.07 million. Larundel had been on the market for two years – the asking price starting at $20 million before being reduced

EXCLUSIVE Private investor Peter Hart – renowned in Melbourne property circles for proposing major skyscrapers on small plots – is buying the freehold of Collingwood bar and sex on premises venue Club 80. Mr Hart snapped up the property at 8-10 Peel Street less than a week after it hit the market in October, paying

The Grollo family has sold historic Phillip Island estate Woolamai House. On a 1.76 hectare site with 140 metres of frontage to Cape Woolamai foreshore, the 1876 homestead is trading for about $3.8 million. Woolamai House was developed by hotelier Captain Blake Cleeland, who also owned 1875 racehorse Woolamai, which was trained on Phillip Island.

The Salvation Army has listed the Geelong Conference Centre for sale with vacant possession. The modern facility, purpose built in the 1980s and acquired by the current vendors in 1994, sits on a 1.6 hectare site within the grounds of Geelong Botanic Gardens in the city’s Eastern Park precinct. Also adjoining East Geelong Golf Course,