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News

News Victoria 

Decathlon opens first Melbourne store, in Knoxfield

December 11, 2018 Marc Pallisco

Global discount sporting retailer Decathlon has opened its first Melbourne store at the Home Consortium complex at 1464 Ferntree Gully Road,

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News Victoria 

Furniture retailer rents ex-Mossgreen auction house

December 10, 2018February 8, 2021 Marc Pallisco

East Perth luxury furniture retailer James Said has leased a high-profile former cinema as its maiden Melbourne store. The occupier

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News Victoria 

Owner of Melbourne Cup winner Tawrrific lists Carlton property

December 7, 2018 Marc Pallisco

The owner of 1989 Melbourne Cup winner Tawrrific, former real estate agent Barrie Griffiths, is selling a relatively large commercial

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News Victoria 

Paul Little to sell last portion of property development business

December 5, 2018February 7, 2026 Marc Pallisco

Businessman and philanthropist Paul Little will sell his remaining portion ofhis property development business, Little Projects, to existing directors Paris

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News Victoria 

VincentCare Victoria banks c$8 million selling most of a North Melbourne development site

December 4, 2018April 13, 2019 Marc Pallisco

VincentCare Victoria has sold 87 per cent of a North Melbourne development site it listed for sale in September. The

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News Victoria 

Mount Waverley office park sells off-market for $7 million

December 4, 2018December 5, 2018 Marc Pallisco

A low-rise office park with nine small strata suites, in Melbourne’s Mount Waverley, has sold for $7 million following an

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Avon Court
News Victoria 

Avon Court relisted for $40m

December 4, 2018March 3, 2023 Marc Pallisco

Hawthorn’s landmark Avon Court is for sale again. The four-storey home, which temporarily set a Victorian price record when it

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News Victoria 

Morry and Danny Schwartz sell portfolio of Melbourne CBD shops for $21.6 million

November 30, 2018 Marc Pallisco

Developers, brothers Morry and David Schwartz, have banked $21.55 million selling a retail investment on the ground floor of the

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News Victoria 

Deal Corporation launches campaign for Glen Iris project, Glenarm Square

November 30, 2018 Marc Pallisco

Deal Corporation has launched an off-the-plan marketing campaign for apartments within a mid-rise tower proposed in Melbourne’s blue-ribbon Glen Iris.

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News Victoria 

Property Industry Foundation charity day raises in excess of $100,000

November 28, 2018 Marc Pallisco

A cycling day hosted by the Property Industry Foundation (PIF) raised in excess of $100,000 for charities. The moneys raised

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News Victoria 

Blackstone and Mirvac to spec-build two Melbourne industrial investments worth $60 million

November 28, 2018November 28, 2018 Marc Pallisco

Joint venture partners Blackstone and Mirvac will build two industrial investments to launch the 25-hectare Biodiversity Business Park which Vaughan

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News Victoria 

Northcote becomes Melbourne’s second priciest inner-north suburb

November 28, 2018February 19, 2021 Marc Pallisco

Talk about gentrification and its effect on Melbourne property prices – and it won’t be long until Northcote comes up.

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News Victoria 

Charter Hall pays Village Roadshow $12.5 million for Coburg Drive-in

November 26, 2018December 27, 2022 Marc Pallisco

ASX-listed Charter Hall has paid $12.5 million for the Coburg Drive-in cinema complex in Melbourne’s inner north. The 8.1 hectare

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News Victoria 

Richmond showroom auctioned for $4.4 million

July 26, 2019July 26, 2019 Marc Pallisco

A two level showroom in Melbourne’s inner-east Richmond has sold for $4.4 million, well over the initial guide price of

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News Victoria 

Spurling family sells former North Melbourne HQ to interests associated with Southern Cross Education Institute

July 26, 2019July 29, 2019 Marc Pallisco

EXCLUSIVE The Spurling family – of formal suit hire fame – has sold a double-storey North Melbourne property which for

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News Victoria 

Cotton On subsidiary sell North Geelong industrial investment

July 26, 2019July 26, 2019 Marc Pallisco

A subsidiary of clothing retail giant Cotton On has sold a major North Geelong industrial investment. The 7000 square metre

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News Victoria 

Chaolong Developments pays c$145 million for Glen Waverley’s Century City Walk and Novotel

July 25, 2019July 23, 2020 Marc Pallisco

Chaolong Developments is paying about $145 million for Glen Waverley’s 200-room Novotel and neighbouring Century City Walk shopping centre. Chaolong

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News Victoria 

Charter Hall’s 130 Lonsdale Street filled 10 months prior to completion following AustralianSuper lease

July 24, 2019July 27, 2019 Marc Pallisco

EXCLUSIVE AustralianSuper – the country’s largest industry superannuation fund – has signed a significant 16,200 square metre lease deal within

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News Victoria 

Jowett Motor Group set for $40 million-plus payday with listing of prominent Collingwood car dealership

July 23, 2019July 24, 2019 Marc Pallisco

Jowett Motor Group can expect more than $40 million from the sale of one of Melbourne’s highest profile car dealerships.

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News Queensland 

Coles Group sells near-new Yarrabilba store for $19.05 million

July 23, 2019July 23, 2019 Marc Pallisco

Coles Group has sold a two-year old supermarket in a growth corridor midway between Brisbane and the Gold Coast. The

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News Victoria 

Cedar Woods lists North Melbourne development site

July 23, 2019July 26, 2019 Marc Pallisco

Perth-based developer Cedar Woods is offloading a North Melbourne site permit-ready for 15 luxury townhouses (artist’s impression, top). The 1411

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News Victoria 

Centuria Industrial REIT pays $22.8 million for Quiksilver’s North Geelong distribution centre

July 23, 2019August 24, 2019 Marc Pallisco

EXCLUSIVE ASX-listed Centuria Industrial REIT is paying $22.8 million for a North Geelong distribution centre rented to Quiksilver, a surfwear

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News Victoria 

Pratt spends $21.3m in New York: reports

July 22, 2019February 13, 2021 Marc Pallisco

Melbourne-based Anthony Pratt is reportedly spending $A21.3 million (USD$15m) on a 124-year old mansion in Bedford Corners, 65 kilometres north

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News South Australia 

Adelaide super-site could make way for master-planned community

July 21, 2019July 21, 2019 Marc Pallisco

An inner-Adelaide commercial investment on a site big enough to be on the radar of major developers from Australia’s east-coast,

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News Queensland 

Major Toowoomba office fetches $10.5 million from local family

July 21, 2019July 21, 2019 Marc Pallisco

Canada’s Quadra Pacific has divested its third and final Australian asset: a nine-level office in central Toowoomba. The Easternwell Centre

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News Victoria 

Reliable Plumbing leases Port Melbourne office two weeks after it hit the market

July 21, 2019July 21, 2019 Marc Pallisco

Reliable Plumbing has rented a renovated office warehouse in Port Melbourne’s valuable industrial precinct. The deal for the 854 square

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News Victoria 

New future for prominent Avondale Heights bend

July 21, 2019July 21, 2019 Marc Pallisco

A prominent Avondale Heights retail asset has been leased to an upmarket fish and chip outlet and drive-through coffee business.

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News Victoria 

Goldfields starts building 24-storey luxury office in South Yarra

July 21, 2019July 24, 2019 Marc Pallisco

Goldfields is replacing a small South Yarra office with a much bigger, luxurious one. By the end of 2021, the

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News Victoria 

Shane Warne is selling in Brighton, again: reports

July 21, 2019July 21, 2019 Marc Pallisco

Cricketer Shane Warne is selling a Brighton home he only bought last March. According to realestate.com.au which is reporting the

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News Victoria 

Costin Investments buys Melbourne industrial property with immediate development upside

July 21, 2019July 21, 2019 Marc Pallisco

A large Thomastown warehouse surrounded by surplus land ripe for redevelopment has sold to Melbourne-based Costin Investments for $4.3 million.

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News Victoria 

Merrijig site made famous in Man From Snowy River sells

July 21, 2019February 11, 2021 Marc Pallisco

A Victorian High Country property made famous as Harrison’s Homestead in 1982 movie The Man From Snowy River has sold

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News Queensland 

Frasers Property Australia secures Phoenix Transport at Berrinba

July 21, 2019July 21, 2019 Marc Pallisco

National logistics provider Phoenix Transport has signed a 10-year lease for a 9,999 square metre industrial facility in the South

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News Victoria 

Aaron Mooy offloads Yarraville penthouse for $901,000

July 20, 2019July 21, 2019 Marc Pallisco

Socceroo Aaron Mooy (pictured, right) has found a buyer for his modern Yarraville penthouse. The three-bedroom unit at 608/125 Francis

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News Spotlight Victoria 

Melbourne’s west leads record year for speculative industrial building

July 20, 2019August 24, 2019 Marc Pallisco

More than 560,000 square metres of speculatively built industrial property is set to be completed on Australia’s east coast this

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New South Wales News 

Double Bay arcade with development upside sells for $10.25 million

July 20, 2019July 20, 2019 Marc Pallisco

A retail and office investment in Sydney’s ritzy Double Bay has sold for $10.25 million. The price achieved for 10

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News Victoria 

Small South Melbourne arcade fetches $7.3 million from investor

July 18, 2019July 18, 2019 Marc Pallisco

A small arcade on a large Commercial 1 zoned block in South Melbourne has sold for $7.311 million. Developers showed

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News Victoria 

ESR lists $25 million-plus industrial investment in Melbourne’s Mulgrave

July 18, 2019July 18, 2019 Marc Pallisco

Hong Kong based logistics giant ESR, which rose to prominence in Australia last July when it acquired industrial developer CIP

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News Victoria 

The Commons unveils first city office

July 18, 2019February 13, 2021 Marc Pallisco

Co-work space provider The Commons – which last year attracted the financial backing of the Lee family’s Riverlee – is

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News Victoria 

Family set to offload four neighbouring Hawthorn East homes

July 18, 2019July 18, 2019 Marc Pallisco

A lucky family is set to bank about $12 million selling a portfolio of four standalone, neighbouring homes, in exclusive

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News Victoria 

Strategic office near new Anzac station expected to sell for $15 million-plus

July 17, 2019July 17, 2019 Marc Pallisco

Five weeks after Australian Unity vacated its long-time South Melbourne headquarters – an office it plans to redevelop as a

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News Victoria 

Block zoned for mid-rise tower listed in Brunswick East

July 16, 2019August 14, 2019 Marc Pallisco

A development site with the potential to make way for one of the tallest buildings in trendy Brunswick East is

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News Victoria 

Orion International Group lists Melbourne CBD office with development upside

July 16, 2019September 19, 2019 Marc Pallisco

Orion International Group is selling its Melbourne CBD headquarters. The developer acquired Swann House at 22 William Street for $21.6

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News Queensland 

Forza Capital sells Brisbane legal precinct office to Dymocks Properties for $42.1 million

July 16, 2019 Marc Pallisco

Melbourne-based Forza Capital has more than doubled its money selling a 14-storey office in the Brisbane CBD legal precinct. The

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News Victoria 

The Block producers buy nursing home for 2020 season

July 16, 2019February 7, 2021 Marc Pallisco

Read our story about what is intended for the five renovation rescues now on the site, here. The Block producers

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News Victoria 

Bill McNee’s Vicland pays $80 million for Toorak Village arcade

July 16, 2019July 19, 2019 Marc Pallisco

Bill McNee’s Vicland Property Group has paid $80 million for a major development site in the Toorak Village retail strip.

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News Victoria 

Glen Waverley medical centre sells for $5.5 million-plus

July 16, 2019July 16, 2019 Marc Pallisco

A central Glen Waverley medical centre with development upside has sold for a price speculated to be well in excess

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News Victoria 

Chris Morris sells Melbourne waterfront mansion for $12 million-plus

July 16, 2019January 30, 2021 Marc Pallisco

EXCLUSIVE Computershare co-founder Chris Morris, has sold his renovated Middle Park art deco for a speculated $12-$13 million. On 927

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News Victoria 

Poly Australia appoints builder for $500 million Docklands office

July 16, 2019July 16, 2019 Marc Pallisco

Poly Australia is the latest developer to start building a major Melbourne office on a speculative basis. The developer last

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News South Australia 

Church of Scientology buys Port Adelaide’s former Messenger Press office

July 16, 2019July 16, 2019 Marc Pallisco

The Church of Scientology has acquired the former home of the Messenger Press newspaper, in Port Adelaide. The church proceeded

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News Victoria 

Office in strategic South Melbourne street sells on 2.26 per cent yield.

July 12, 2019July 12, 2019 Marc Pallisco

A small office in South Melbourne’s strategic Raglan Street has sold for $3.35 million reflecting a land rate of $11,833

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News Victoria 

Doctor lists substantial healthcare offering

July 12, 2019February 13, 2021 Marc Pallisco

Dr Leon Shapero has listed a super-clinic in Melbourne’s south-east of Cranbourne North. Cranbourne Health, at 2 Woodbine Road, is

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News Victoria 

Chris Lock sells Footscray’s former Lonely Planet HQ off-market for $33.1 million

July 10, 2019July 12, 2019 Marc Pallisco

Former Impact Investment Group chief executive officer Chris Lock has sold a warehouse converted office overlooking the Maribyrnong River, in

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News 

Toys ‘R’ Us returns to Australia

July 9, 2019July 10, 2019 Marc Pallisco

Toys ‘R’ Us has re-entered the Australian market and is preparing to trade in New Zealand for the first time.

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News 

Scentre and JCDecaux sign 10-year outdoor advertising deal at Westfield living centres in Australia and New Zealand

July 9, 2019July 9, 2019 Marc Pallisco

Shopping centre owner Scentre Group and Neuilly-sur Seine-headquartered JCDecaux will partner to develop and manage a portfolio of outdoor advertising

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News Victoria 

Australian Unity sells half-share of Geelong’s Waurn Ponds Shopping Centre to co-owner ISPT

July 9, 2019July 9, 2019 Marc Pallisco

Australian Unity’s Retail Property Fund has sold its half-share in the Waurn Ponds Shopping Centre, seven kilometres south west of

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News Victoria 

PDG Corporation seizes part of former JH Boyd Girl’s School in Melbourne’s Southbank from council

July 8, 2019July 10, 2019 Marc Pallisco

PDG Corporation is paying the City of Melbourne $16.5 million for a prominent Southbank development site earmarked to make way

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News Victoria 

Chef’s Hat signs major lease deal at GPT Group’s Citiport Business Park

July 8, 2019July 9, 2019 Marc Pallisco

The GPT Group’s Citiport Business Park, in Port Melbourne, is fully leased following a major commitment by Chef’s Hat. The

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News Victoria 

Development site in one of Melbourne’s best streets listed with $40 million-plus price guide

July 8, 2019July 9, 2019 Marc Pallisco

A rare residential development opportunity has presented in the street often touted as Melbourne’s best. The Toorak site at 16

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News Victoria 

Development Victoria seeks partner for its Revitalising Central Dandenong urban renewal project

July 5, 2019July 6, 2019 Marc Pallisco

EXCLUSIVE Development Victoria is seeking a joint venture partner or consortia to replace a collection of central Dandenong sites, many

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News Victoria 

Former Karcher HQ in Scoresby sells for $7.35 million

July 5, 2019July 5, 2019 Marc Pallisco

An owner-occupier is paying $7.35 million for the former local headquarters of Germany-based steam, vacuum cleaner and pressure washer giant,

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News Victoria 

United Petroleum co-founder launches Abbotsford office

July 5, 2019February 10, 2021 Marc Pallisco

EXCLUSIVE United Petroleum co-founder Eddie Hirsch has proposed an uber-green office at Abbotsford, four kilometres north-east of Melbourne. The 10-storey

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News 

Steller goes into receivership

July 5, 2019July 5, 2019 Marc Pallisco

Singapore and Hong Kong based hedge fund OCP Asia has called in receivers McGrathNicol Restructuring to recover money from Melbourne

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News Victoria 

Australian Education City proposal shelved

July 5, 2019July 5, 2019 Marc Pallisco

Victoria’s highly publicised plan to build a $30 billion ‘silicon valley’ in Melbourne’s west has been shelved. The Andrews government

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News Victoria 

Dexus signs lease deals with Dunlop, Coles and Secon, in Melbourne

July 5, 2019July 5, 2019 Marc Pallisco

Dexus has secured three major tenants at is Foundation industrial estate in Truganina, west of Melbourne. Dunlop Flooring has leased

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News Victoria 

Bill McNee builds spec in South Yarra

July 3, 2019February 13, 2021 Marc Pallisco

EXCLUSIVE Bill McNee’s Vicland Property Group has started constructing a major South Yarra office on a speculative basis. The nine-level,

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News Victoria 

World Class Group lists permit-ready Lorne block

July 3, 2019July 4, 2019 Marc Pallisco

World Class Group is selling a waterfront site permit-ready to become a hotel, in Lorne, a holiday hamlet about 140

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News Victoria 

Royal District Nursing Service offers Box Hill North block

July 2, 2019July 2, 2019 Marc Pallisco

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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New South Wales News 

Sydney’s former Sirius public housing block sells to private developer for $150 million

July 1, 2019July 1, 2019 Marc Pallisco

The New South Wales government will bank $150 million after selling the former Sirius public housing block in The Rocks

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News Victoria 

Salta Properties snares France’s Haulotte for Nexus industrial estate

June 30, 2019September 18, 2020 Marc Pallisco

Haulotte Australia Pty Ltd has pre-committed to a distribution centre at Salta Properties’ 177-hectare Nexus industrial estate in Melbourne’s Dandenong

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News Victoria 

Site of iconic Greek restaurant Tsindos sells for $8.1 million

June 28, 2019August 18, 2020 Marc Pallisco

A three-level building housing one of Melbourne’s most iconic restaurants sold at auction yesterday for $8.1 million. The property, 197

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News Victoria 

Colliers International appoints Nic Cuni to director, kills its EST8 Agency rival

June 28, 2019June 28, 2019 Marc Pallisco

EXCLUSIVE Another Melbourne real estate agency will soon be no more – after being targeted by rival Colliers International. EST8

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News Victoria 

Small Cremorne property fetches big price

June 28, 2019June 28, 2019 Marc Pallisco

The going rate for Commercial 2 zoned corner blocks in Melbourne’s trendy Cremorne appears to have increased about $600 per

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News 

CBRE poaches Simon Rooney from JLL

June 28, 2019March 1, 2021 Marc Pallisco

CBRE has poached Simon Rooney (pictured, top) from rival JLL. The agent, who markets shopping centres country-wide, will still be

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News Queensland 

Telstra sells Brisbane CBD’s Edison Telephone Exchange for $57 million

June 28, 2019June 28, 2019 Marc Pallisco

Singapore-based investment company Firmus Capital has acquired a Brisbane CBD asset for $57 million. Within the city’s revered Golden Triangle,

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News Victoria 

Schots Home Emporium site in Clifton Hill expected to sell for $20 million-plus

June 28, 2019June 29, 2019 Marc Pallisco

EXCLUSIVE One of inner Melbourne’s highest profile properties has hit the market. The owner-occupied Schots Home Emporium warehouse at 380-406

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News Victoria 

Uniting Church sells 130 Little Collins Street after 52 years

June 27, 2019August 8, 2020 Marc Pallisco

EXCLUSIVE The Uniting Church Synod of Victoria and Tasmania has sold a Melbourne CBD commercial building it has occupied since

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News Victoria 

Lindsay Fox buys second strategic Sorrento plot

June 25, 2019June 23, 2021 Marc Pallisco

Trucking magnate Lindsay Fox (pictured, top) has acquired a strategic development site behind Sorrento’s Ocean Beach Road retail strip, on

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News Victoria 

Stockland commits Sello Products to Oakleigh South after surrendering Matt Blatt lease

June 25, 2019June 28, 2019 Marc Pallisco

EXCLUSIVE Stockland has solved a vacancy headache in Melbourne’s south-east. The Sydney-based institution has signed online retailer and wholesaler Sello

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News Victoria 

Construction of $300 million-plus taxiway network lifts off at Melbourne Airport

June 25, 2019June 26, 2019 Marc Pallisco

Melbourne Airport Corporation has begun construction of a $300 million-plus taxiway network. The infrastructure is the largest airfield investment project

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News Victoria 

Prominent South Melbourne showroom controlled by the Nossbaum family and Tim Gurner for lease

June 21, 2019September 9, 2020 Marc Pallisco

A high-profile Fishermans Bend showroom controlled by the Nossbaum family and developer Tim Gurner is for rent. City Mazda has

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