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Author: Marc Pallisco

News Victoria 

Woolworths leases what will be the largest supermarket in Melbourne’s uber-dense Southbank

August 16, 2018August 20, 2018 Marc Pallisco

Woolworths will lease what will be the largest supermarket in  Melbourne’s Southbank precinct – within the $2.8 billion Melbourne Square

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News Victoria 

Logistics occupiers behind 25,000 square metres of recent Melbourne industrial lease deals

August 16, 2018August 16, 2018 Marc Pallisco

Logistics occupants are continuing to drive Melbourne’s industrial leasing market – with three major deals agreed in recent months. West

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News Victoria 

Australia’s tallest building one step closer with Beulah International selecting a winning design for its inner-Melbourne site

August 15, 2018April 24, 2020 Marc Pallisco

Postscript: this development received council approval in April, 2020. Australia could soon have a new tallest building – a residential

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New South Wales News Queensland Victoria 

Dexus paying $188 million for three industrial sites on Australia’s east coast

August 15, 2018August 20, 2018 Marc Pallisco

Dexus is paying $188 million for three industrial development sites on Australia’s east coast. The biggest property by area, in

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News Victoria 

Strategic South Melbourne office sells for $14 million – a 53 per cent rise in two years

August 14, 2018August 18, 2018 Marc Pallisco

The private investor who contested 21 bidders at a public auction to snare a then-vacant, low-rise South Melbourne office building

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News Victoria 

Victorian government sells former Reservoir high school to industrial owner occupier for $12m

August 14, 2018August 14, 2018 Marc Pallisco

Victoria’s state government has sold a major industrial development site in Melbourne’s north. The former William Ruthven Secondary College at

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News Victoria 

Pink Palace to be replaced

August 13, 2018February 10, 2021 Marc Pallisco

Brothel Pink Palace has closed after more than 30 years. The double-storey South Melbourne building it occupied (pictured, top) at

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News Western Australia 

Perth commercial building sells off-market to Malaysian investor for $12.35m

August 13, 2018August 13, 2018 Marc Pallisco

A Malaysian investor is buying a double-storey, mixed-use asset with redevelopment potential in Perth’s ritzy south-west. Following an off-market deal,

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News Queensland 

German supermarket giant Kaufland speculated to be buying former Queensland Bunnings warehouse for $19.7 million

August 13, 2018August 13, 2018 Marc Pallisco

Global supermarket giant Kaufland appears to be continuing to snare prominent Australian sites – this time in Burleigh Heads on

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News Victoria 

Frasers Property Australia buying unbuilt Melbourne industrial asset from Vaughan Constructions

August 13, 2018August 13, 2018 Marc Pallisco

Vaughan Constructions has sold an unbuilt industrial investment in the western Melbourne suburb of Truganina to Frasers Property Australia. Reportedly

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News Victoria 

High profile vendors bank $33.3 million from Melbourne supermarket sales

August 10, 2018August 13, 2018 Marc Pallisco

High profile investors have offloaded two Woolworths-leased supermarkets in Melbourne for a total of $33.29 million. In the largest deal,

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News Victoria 

Victorian government lists $90 million-plus portfolio as part of plan to improve housing affordability, choice

August 9, 2018March 21, 2019 Marc Pallisco

A portfolio of six development sites, speculated to be worth in excess of $90 million, has been listed for sale

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News Victoria 

Subdivide and conquer strategy on track to net Melbourne syndicate c$15m profit

August 3, 2018July 7, 2019 Marc Pallisco

A syndicate is on track for a multi-million dollar windfall after spending the last three years subdividing one of Melbourne’s

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News Victoria 

Caneva family to sell Windsor pub now known as Lucky Coq, after 47 years

August 9, 2018August 13, 2018 Marc Pallisco

The Caneva hospitality family has listed a Melbourne pub it has owned for 47 years. The “institution” at 179 Chapel

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News Victoria 

Historic Cheltenham Protestant hall selling following campaign targeting apartment developers

August 9, 2018August 13, 2018 Marc Pallisco

Melbourne businessman, developer Mark Economos, is selling a historic property in Cheltenham, permit-ready for an eight-level apartment complex which an

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News Victoria 

Hyatt Centric leases undeveloped South Yarra hotel

August 8, 2018May 19, 2019 Marc Pallisco

Prestige guest house Hyatt Centric plans to open its second Melbourne hotel, in South Yarra. The innkeeper has leased all

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News Victoria 

“Globally recognised” redevelopment planned following sale of Richmond properties by Reject Shop co-founder Ron Hall

August 7, 2018May 19, 2019 Marc Pallisco

Ron Hall, the founder of retail outfits The Reject Shop and Going Going Gone, has sold two neighbouring properties in

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News Victoria 

Jenkins family banks $100m from apple orchard

August 6, 2018February 4, 2021 Marc Pallisco

The Jenkins farming family has sold a Wantirna South apple orchard to developers for close to $100 million. The 14.96

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News Victoria 

“Biggest changes” to the Residential Tenancies Act set to become a Victorian election issue, again

August 6, 2018August 13, 2018 Marc Pallisco

  Australian Labor Party reforms to the Residential Tenancies Act, some which were mooted before a recent bi-election of an

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News Western Australia 

Famous Taj on Swan block appears to have found a buyer, less than a week after it passed in at auction

August 4, 2018August 13, 2018 Marc Pallisco

The Perth property which until recently accommodated an incomplete, distinctive mansion which became dubbed around the world as the Taj

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News Victoria 

Orion International Group and Box Hill Institute propose 29-storey building

August 3, 2018August 13, 2018 Marc Pallisco

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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News Victoria 

Final piece of Ansett Estate selling for $33m

August 3, 2018January 5, 2023 Marc Pallisco

Charles ‘Chas’ Jacobsen is purchasing the significant last piece of Sir Reginald Ansett’s Mt Eliza estate. The retirement village owner

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News Victoria 

South Melbourne portfolio, including famous ex-music studio, fetching speculated c$45m

August 2, 2018August 13, 2018 Marc Pallisco

  A portfolio of three South Melbourne development sites including the famous former Bill Armstrong Recording Studios, which was used

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News Victoria 

Singapore’s Chen family sells Melbourne’s Mordialloc Plaza for $41m

May 31, 2018August 13, 2018 Marc Pallisco

Singapore’s Chen family has sold a major seaside shopping centre after owning it 30 years. In central Mordialloc, 24 kilometres

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News Victoria 

Department of Defence lists enormous Maribyrnong site

March 2, 2018October 20, 2018 Marc Pallisco

Eleven years after then-Prime Minister Kevin Rudd identified Melbourne’s enormous former Maribyrnong explosives factory as a solution to help local

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News Victoria 

Chinese builder AZX Group flips Melbourne CBD development site for $35m

December 6, 2017August 13, 2018 Marc Pallisco

Privately owned China-based builder AZX Group has flipped a Melbourne CBD site after obtaining a valuable redevelopment permit. The vendor,

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News Victoria 

Celebrity chef Shannon Bennett and wife, actress, Madeleine West, sell historic South Yarra mansion

November 23, 2017August 13, 2018 Marc Pallisco

Shannon Bennett – the owner of a burgeoning portfolio of exclusive eateries – with his wife, actress, Madeleine West, are

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News Victoria 

Hotel developer pays $18.5m for outgoing Peter Rowland HQ

November 22, 2017August 13, 2018 Marc Pallisco

A collection of low rise South Yarra factories – near to a swathe of new luxury apartment towers – has

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News Victoria 

Dahua Group buys second Wollert farm this week, spending another speculated $70m+

November 21, 2017August 13, 2018 Marc Pallisco

Three days after it was reported Dahua Group was outlaying a speculated $70 million-plus on the 56.4 hectare Kilarnie Farm

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News Victoria 

Little Lane Early Learning Centre pays $60m+ for strategic inner-Melbourne site

November 20, 2017August 13, 2018 Marc Pallisco

Little Lane Early Learning Centre (LLELC) has outmuscled a number of local and international builders to secure an enormous parcel

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News Victoria 

Portmans founders sell two suburban Melbourne assets for $22m

November 17, 2017August 13, 2018 Marc Pallisco

The Bloom family – who are behind numerous retail brands including fashion label, Portmans, established in the 1940s – has

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News Victoria 

Moonlight Cinema founder James Tutton sets a suburban price record selling historic Melbourne home

November 9, 2017August 13, 2018 Marc Pallisco

Moonlight Cinema founder James Tutton (pictured) is close to selling his historic Coburg home for a speculated price of around

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News Victoria 

Tim Gurner selling luxury Melbourne mansion

November 8, 2017August 13, 2018 Marc Pallisco

Melbourne developer Tim Gurner is understood to have found a buyer for his Toorak home. The 35-year old, who in

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News Victoria 

Blair Athol – “most significant” Melbourne estate – sells for $12.8m

November 3, 2017August 12, 2020 Marc Pallisco

Stately Melbourne mansion, Blair Athol, in Brighton, is selling for $12.8 million. The distinctive Victorian Gothic dwelling, which in season,

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New South Wales News 

AFL footballer Sam Reid sells Coogee penthouse

November 3, 2017August 13, 2018 Marc Pallisco

AFL footballer Sam Reid has sold a penthouse apartment in the eastern Sydney suburb of Coogee. The Sydney Swans forward

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News Victoria 

Textile entrepreneur Michael Cohn sells one of Melbourne’s two inner-city working vineyards for eight-figure sum

November 2, 2017August 13, 2018 Marc Pallisco

Businessman and wine maker Michael Cohn, with his wife, Ann, have sold one of just two inner-city Melbourne residential homes

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News 

Modernist Lind House saved from demolition

October 31, 2017November 11, 2017 Marc Pallisco

One of Melbourne’s most revered Modernist movement homes has been saved from demolition after the developer who bought it last

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New South Wales News 

ABC reporter Leigh Sales sells Glebe home ahead of auction

October 31, 2017August 13, 2018 Marc Pallisco

ABC reporter and author Leigh Sales has accepted a pre-auction offer for her 1910 Federation in the inner-western Sydney suburb

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News 

Ex-Collingwood footballer lists “one of the Mornington Peninsula’s finest holdings” for $5.5m+

October 26, 2017October 26, 2017 Marc Pallisco

Former Collingwood ruckman turned property developer Vaughan Ellis, with his wife, Sue (pictured), are selling their hilltop Red Hill estate,

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News 

Shannon Bennett & Madeleine West list historic Barwon

October 25, 2017January 30, 2021 Marc Pallisco

Five weeks after agreeing to pay pub baron Mazen Tabet a reported $16 million for a near-new Toorak mansion, celebrity

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News 

New Zealand millionaire snatches Pablo Picasso’s villa from auction winner using France’s unusual “Surenchere” bidding laws

October 19, 2017October 19, 2017 Marc Pallisco

New Zealand based finance tycoon Rayo Withanage has used a bidding method unusual to French law – Surenchere – to

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News 

Soap star Blair McDonough’s Port Melbourne terrace shoots to $2.96m at auction

October 19, 2017October 20, 2017 Marc Pallisco

Reality TV contestant turned soapie actor, Blair McDonough, scored a major property win last weekend, selling his Port Melbourne terrace

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News 

NRL star Cooper Cronk lists Melbourne terrace after relocating to Sydney with fiance, Fox Sports presenter, Tara Rushton

October 19, 2017October 31, 2017 Marc Pallisco

NRL star Cooper Cronk – who recently relocated full-time to Sydney with his fiancé, Fox Sports presenter and journalist, Tara

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News 

Campari Group offer ‘world’s most expensive home’ for A$524.5 million

October 16, 2017February 20, 2023 Marc Pallisco

Campari Group shareholders are set to share in the spoils of what could be the world’s most valuable residential real

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News Victoria 

Wayne Sidwell lists Toorak home

October 14, 2017February 14, 2021 Marc Pallisco

Wellcom Worldwide founder and executive chairman Wayne Sidwell has listed his French Provincial style home in Toorak’s tree-lined Stradbroke Avenue.

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News Victoria 

Mercedes-Benz to open seventh global concept store in Australia on November 3

October 13, 2017August 13, 2018 Marc Pallisco

Mercedes-Benz has chosen November 3 – the day before Derby Day – to open its seventh global retail concept store,

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News 

Tina Arena sells Fitzroy terrace following campaign relaunch

October 13, 2017October 13, 2017 Marc Pallisco

Following a campaign relaunch, entertainer Tina Arena has sold a historic, part-bluestone terrace in vibrant Fitzroy (pictured), for a speculated

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News 

Camberwell house price record set

October 11, 2017February 10, 2021 Marc Pallisco

A trophy mansion in Camberwell, listed for private sale last month, is exchanging for a speculated price of more than

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News 

Wagyu farmer David Blackmore pays $4.95m for Benalla estate of late Michael Burston OAM

October 6, 2017October 10, 2017 Marc Pallisco

David Blackmore, the fifth generation farmer considered Australia’s most famous meat producer, has paid $4.95 million for landmark rural estate,

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News 

Ex-boarding house once occupied by Nick Cave sells for nearly $4m

September 26, 2017 Marc Pallisco

A former Melbourne boarding house occupied more than 20 years ago by musician Nick Cave, and friends who became Bad

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News Rent 

Tesla Town developer rents Melbourne mansion for nearly $170,000 pa

September 20, 2017September 20, 2017 Marc Pallisco

Prominent Melbourne developer Len Warson, whose plans to build a “Tesla Town” eco-village as part of a $2 billion community in

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News Sell 

Screaming Jets drummer now a Cooley auctioneer

September 20, 2017September 20, 2017 Marc Pallisco

Vendors across the country can soon add a bit of rock-star glamour to their campaigns – with former The Screaming

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News Queensland 

Paul Vautin lists Gold Coast holiday home

September 19, 2017February 4, 2021 Marc Pallisco

NRL Footy Show host Paul “Fatty” Vautin is selling one of his Gold Coast properties. The ex-Rugby Union player, captain

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News 

Alpha Flight Services builds Australia’s largest commercial kitchen in Melbourne

September 13, 2017September 13, 2017 Marc Pallisco

Alpha Flight Services has built the largest commercial kitchen in the southern hemisphere at Tullamarine’s Melbourne Airport business precinct. The

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News 

Olympian and Commonwealth Games medal winner Lauren Hewitt selling Glen Iris home

September 13, 2017September 13, 2017 Marc Pallisco

Retired Olympian and Commonwealth Games medal winner Lauren Hewitt nee Fox (pictured), and her husband Richard, appear to have found

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News 

Pop star turned professional chef, Kelis, lists LA home

September 13, 2017 Marc Pallisco

Pop star turned trained chef and cook book author, Kelis Rogers, has listed her renovated 1924 Spanish Mission home in

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News 

Artist David Bromley lists historic Hepburn Springs homestead

September 4, 2017September 4, 2017 Marc Pallisco

Artist David Bromley and his wife, Yuge, are selling a historic Hepburn Springs estate they bought sight-unseen five years ago

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News 

Levi Strauss MD the latest fashion executive to deal a stylish home this year

August 31, 2017August 31, 2017 Marc Pallisco

Levi Strauss Australia and New Zealand managing director, Paul Sweet, has banked $2.58 million from the sale of his Edwardian

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News 

V8 Supercar team owner Rod Nash sells trophy Mornington Peninsula estate for $8.4m

August 30, 2017August 30, 2017 Marc Pallisco

V8 Supercar team owner and former driver, businessman, Rod Nash, and his wife Lisa, have sold the historic Dromana estate, Delamere

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News 

Australia’s first bushfire resistant straw house – a Joost Bakker creation – sold by prominent bottler

August 29, 2017August 29, 2017 Marc Pallisco

The Green House – a design achievement created by notable young architect Joost Bakker and Daylesford and Hepburn Mineral Water

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News 

Jason Warren the latest horse trainer to sell high-profile stables

August 28, 2017August 28, 2017 Marc Pallisco

Group 1 winner Jason Warren is the latest horse trainer to sell a high-profile stable facility – offloading Denistoun Park,

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News 

Moonlight Cinema founder James Tutton aims to smash Coburg price record with sale of historic Koorali

August 24, 2017August 24, 2017 Marc Pallisco

James Tutton, the founder of Australia’s hugely successful Moonlight Cinema enterprise, who now heads property developer Neometro, is selling the

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News Victoria 

Marina Darling sets Victorian record with Toorak sale

August 23, 2017February 12, 2021 Marc Pallisco

Former Mirvac executive Marina Darling and her husband Anthony have sold their 1920s Toorak mansion Mowbray for $40 million –

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Buy Invest News Rent Sell 

What is a yield in property?

August 23, 2017August 25, 2017 Marc Pallisco

A yield – also known as a rental return – is possibly the most important number for property investors after

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News 

Johnny Depp sells fourth of five penthouses recently listed in LA’s Eastern Columbia building

August 22, 2017August 22, 2017 Marc Pallisco

Johhny Depp has sold the fourth – and smallest – of five penthouse apartments he listed for sale in downtown

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News 

Scotch College expands its sprawling campus spending $3.2m on another neighbouring home

August 21, 2017August 22, 2017 Marc Pallisco

Prestigious Melbourne school Scotch College is said to have outmuscled residential buyers to snap up another Hawthorn home – allowing

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News Victoria 

Live opposite Kylie Minogue’s for c$2m

August 17, 2017January 31, 2021 Marc Pallisco

Actress, singer, songwriter – and soon, entertainment veteran of five decades – Kylie Minogue, will get a loose valuation of

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Buy Invest News 

Making sense of your council’s Valuation, Rates and Charges bill

August 17, 2017August 27, 2018 Marc Pallisco

About this time every year, Victorian property owners are delivered what might be their most misunderstood, and subsequently frustrating bill

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News 

Record breakers: 11 Melbourne homes which have set suburban price highs this year

August 7, 2017August 12, 2017 Marc Pallisco

Record prices have been set in plenty of Melbourne suburbs over the past year. One recent $40 million deal for

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News 

Lleyton Hewitt sells Yve penthouse at a loss

August 15, 2017October 29, 2021 Marc Pallisco

Six years after it hit the market – and following a major discount – tennis ace Lleyton Hewitt and his

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News Victoria 

No objection as Melbourne’s oldest house approved for land subdivision

August 14, 2017January 28, 2021 Marc Pallisco

Nothing is sacred from Melbourne’s building boom, it would appear, including the house believed to be the city’s oldest – La

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News 

Encore auction: Tina Arena offers Fitzroy terrace for second time in six weeks

October 6, 2017October 6, 2017 Marc Pallisco

For the second time in as many months, entertainer Tina Arena is offering her Fitzroy terrace for auction. The double-storey,

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News 

Alistair Knox house yours for under $1m

August 17, 2017February 15, 2021 Marc Pallisco

A Montmorency house designed by mud-brick artisan architect Alistair Knox is expected to sell for close to seven figures at

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News 

Dexus appoints former Attorney General of Australia, Nicola Roxon, to board

August 7, 2017August 7, 2017 Marc Pallisco

Sydney based property development giant and landlord Dexus has appointed former Attorney General of Australia Nicola Roxon to the board

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Buy News Renovate Sell 

What are The Block Elsternwick homes going to be worth?

August 2, 2017August 2, 2017 Marc Pallisco

Property experts might have enough information on hand to loosely price the five Elsternwick homes being created as part of the

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News 

Third time in three months the Camberwell record house price is challenged

August 16, 2017August 17, 2017 Marc Pallisco

For the third time in three months, a Camberwell mansion has been listed, which could smash the record as the

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News 

Golfer Peter Senior lists waterfront Gold Coast home

August 10, 2017August 10, 2017 Marc Pallisco

Golfer Peter Senior – the winner of 34 international tournaments – is selling his palatial Gold Coast waterfront home. The

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News 

Fragrance Group shaves 5 metres from height of Hobart’s tallest skyscraper proposal

August 9, 2017August 9, 2017 Marc Pallisco

A fortnight since 400 protesters packed the Hobart City Council chambers calling on representatives to reject a 210-metre CBD skyscraper

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News 

Vince Colosimo and Jane Hall’s renovation rescue is now Northcote’s priciest rental

August 4, 2017August 11, 2017 Marc Pallisco

The Northcote terrace stylishly renovated by actors Vince Colosimo and Jane Hall before their bitter 2007 split, is for lease.

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News 

“Most significant” Melbourne estate, Blair Athol, for sale

August 2, 2017August 2, 2017 Marc Pallisco

One of “Melbourne most significant estates” – Blair Athol – is being offered for the fourth time in nine years. Now

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