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News

News Victoria 

Popular doctor sells landmark farms in Glenhope and Mia Mia

November 27, 2018November 27, 2018 Marc Pallisco

Well known general practitioner Dr John Bongiorno, who until recently reaching retiring age, operated from Richmond’s Bridge Road for many

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News 

Stan Perron AM dies aged 96

November 23, 2018November 24, 2018 Marc Pallisco

Perth-based billionaire and philanthropist Stan Perron died this morning, aged 96. The founder and chairman of property-focussed investment house Perron

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New South Wales News Queensland Victoria Western Australia 

Nationwide Towing & Transport founders list a national portfolio of four industrial investments

November 23, 2018August 3, 2020 Marc Pallisco

The founders of Nationwide Towing & Transport, a company now majority-owned by the RACV, are selling a portfolio of four

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News Victoria 

NZ fireplace provider chooses Melbourne as a base for its entry into the Australian market

November 23, 2018November 23, 2018 Marc Pallisco

Major New Zealand retailer Stoke Fireplace Studio has leased a Melbourne property as a base for its entry into the

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News Victoria 

Historic building in Melbourne’s Chinatown sells for $6.9 million

November 23, 2018November 23, 2018 Marc Pallisco

A historic three-level building in Chinatown, in the Melbourne CBD, sold for $6.9 million at auction yesterday. It was the

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News Victoria 

Schot family sells redundant Clifton Hill warehouse

November 23, 2018 Marc Pallisco

The Schot family has sold a Clifton Hill warehouse occupied for its Schots Home Emporium business, for a speculated price

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News Victoria 

Telstra offers strategic Bulla site

November 23, 2018 Marc Pallisco

Telstra is selling a development site in central Bulla, about seven kilometres west of Melbourne Airport. Zoned Township, the property

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News Victoria 

Camberwell’s Sofia restaurant earmarked for an eight-storey apartment building

November 22, 2018 Marc Pallisco

An application is being reviewed to build an apartment tower on two neighbouring Camberwell sites – including the suburb’s famous

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News Victoria 

George Saade lists Moonee Ponds’ Phillips Arcade

November 22, 2018November 23, 2018 Marc Pallisco

Melbourne developer George Saade has listed for sale one of Moonee Ponds’ most prominent sites in the week a state

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News Victoria 

Record price paid for development site in bohemian Balaclava

November 22, 2018 Marc Pallisco

A commercial investment with enormous development upside in the bohemian St Kilda East pocket of Balaclava has sold for $9.05

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News Victoria 

Baptcare acquires three Gippsland centres

November 22, 2018February 10, 2021 Marc Pallisco

Baptcare has acquired three aged care investments in Victoria’s Gippsland region from Alliance Care Services Group. The deals, for Abbey

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News Victoria 

Tim Gurner spends $10 million on fourth South Melbourne site

November 22, 2018November 23, 2018 Marc Pallisco

Tim Gurner has spent about $10 million to snap up his fourth South Melbourne development site since 2016. The 1531

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New South Wales News 

Swarovski Group lists Sydney industrial property

November 20, 2018 Marc Pallisco

High end jeweller Swarovski Group is selling an industrial building in Sydney’s west. The freestanding A-grade office/warehouse at 9 Tarlington

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News Victoria 

West Melbourne’s Festival Hall granted heritage protection

November 23, 2018 Marc Pallisco

The Heritage Council of Victoria has deemed West Melbourne’s Festival Hall as worthy of permanent heritage protection. Following a hearing

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A.C.T. News 

Uniting Church pays $8.155 million for Canberra’s Woden Centre

November 20, 2018 Marc Pallisco

The Uniting Church of Australia has paid $8.155 million for The Woden Centre in Canberra. The four-level complex, once known

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New South Wales News 

Australian Unity sells Rockdale bulky goods investment

November 20, 2018December 13, 2025 Marc Pallisco

Australian Unity has sold a bulky goods investment in Sydney’s Rockdale for $22 million. The sale price is well over

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News Victoria 

Tax office quietly lists former gangland matriarch home

November 20, 2018 Marc Pallisco

The Australian Taxation Office is selling an Essendon house once occupied by the late mother and ex-wife of gangland identity

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News Victoria 

GPT sells Highpoint Homemaker Centre for $80.5 million

November 19, 2018May 21, 2019 Marc Pallisco

GPT has sold the Highpoint Homemaker Centre for $80.5 million. The 21,268 square metre complex at 179 Rosamond Road replaced

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New South Wales News 

Industrial developer pays $61 million for Wetherill Park property

November 22, 2018 Marc Pallisco

An industrial property on 8.6 hectares of land in Sydney’s Wetherill Park has sold off-market for $61 million. The property,

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News Victoria 

Tiffany & Co opens first Australian pop-up store, at Emporium Melbourne

November 16, 2018March 26, 2019 Marc Pallisco

High end accessory retailer Tiffany & Co has opened its first Australian pop-up store, in Melbourne. The 85 square metre

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News Victoria 

MAB Corporation unveils final stage of its NewQuay precinct in Docklands.

November 16, 2018November 29, 2018 Marc Pallisco

After more than 20 years, MAB Corporation has entered the final stretch of its redevelopment of the Docklands precinct known

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News Victoria 

Nationwide Towing & Transport founders to sell Melbourne Impound Yard, in Collingwood

November 16, 2018November 23, 2018 Marc Pallisco

An inner-Melbourne site known to a select few unlucky occupants has hit the market. The Melbourne Impound Yard at 34

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News Victoria 

Child-care centre deals worth $10.7 million sealed in Melbourne this week

November 16, 2018November 19, 2018 Marc Pallisco

Two child-care related deals were sealed in Melbourne this week. In the north-eastern suburb of Greensborough, the St Helena Early

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News Victoria 

Engleharts list one of two Monomeath Ave homes

November 16, 2018February 15, 2021 Marc Pallisco

The founder and managing director of Englehart Homes, Ron Englehart, and his wife Fran, are selling one of their two

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News Victoria 

Block in Chapel Street, Windsor, sells for $5.1 million

November 16, 2018 Marc Pallisco

An investment with development upside in Melbourne’s trendy Windsor sold for $5.1 million this week. The property, 168 Chapel Street,

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News 

Administrators to close 57 Roger David stores within a month

November 20, 2018 Marc Pallisco

Fifty seven Roger David stores across the country will close by mid-December. Administrators for the menswear chain said no buyer

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New South Wales News 

NSW Aboriginal Land Council sells Parramatta office for $40.8 million

November 20, 2018November 20, 2018 Marc Pallisco

Roxy Pacific Holdings and Tong Eng Group – both based in Singapore – have paid the New South Wales Aboriginal

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News Victoria 

Coles buys Surrey Hills property, opens it as nation’s first “small format” store

November 15, 2018November 16, 2018 Marc Pallisco

A Coles Local concept store more than two years in the making opened this week in Melbourne’s Surrey Hills. The

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News Victoria 

North Melbourne service station fetches $6.43 million from investor

November 16, 2018 Marc Pallisco

An investor has paid $6.43 million for a service station on Melbourne’s northern city fringe – bringing the value of

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News Victoria 

Former AFL footballer turned developer seeks occupiers for premium Camberwell Junction office

November 14, 2018November 14, 2018 Marc Pallisco

Blueprint Projects, a development partnership comprising former Collingwood footballer Paul Tuddenham, Antony Quinert and Magnus Floden, has commenced a marketing

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News Victoria 

Neighbour buys Dandenong South industrial site for $10 million

November 13, 2018November 14, 2018 Marc Pallisco

An owner-occupier has paid $10 million for an industrial property in Melbourne’s south-east. The office-warehouse at 96-108 Greens Road, Dandenong

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News Victoria 

Frasers Property pays $40 million for industrial site in Melbourne’s north

November 13, 2018November 13, 2018 Marc Pallisco

Frasers Property  is paying approximately $40 million for a high-profile industrial site in Melbourne’s north. The Epping property at 410

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News Victoria 

Oliver Hume flips historic West Melbourne warehouse permit-ready for a residential conversion

November 12, 2018November 14, 2018 Marc Pallisco

Oliver Hume is flipping a historic West Melbourne warehouse permit-ready for a residential conversion. The fund and real estate services

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News Victoria 

Yooralla puts Benalla Farm on the market

November 12, 2018November 12, 2018 Marc Pallisco

Community and disabled services organisation Yooralla is selling a property near central Benalla. The 16.19 hectare holding, Benalla Farm, was

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News Victoria 

Catch Group doubles occupancy at Chadstone

November 12, 2018November 12, 2018 Marc Pallisco

Four weeks after opening its first ever bricks-and-mortar superstore at Chadstone Shopping Centre, Catch Group, the owner of retailing website

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News Victoria 

Up Property pays more than $7 million for Geelong site

November 13, 2018November 13, 2018 Marc Pallisco

Up Property – led by dentist turned developer Adam Davidson – has paid more than $7 million for a commercial

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News Victoria 

South Yarra development site adjacent to train station sells for $5.1 million

November 9, 2018November 9, 2018 Marc Pallisco

A Melbourne investor has paid $5.1 million for a South Yarra building block opposite the high-density Forrest Hill precinct. The

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New South Wales News Victoria 

Charter Hall pays federal government $118.5 million for investments in Sydney, Melbourne

November 12, 2018November 12, 2018 Marc Pallisco

Acquisitive property giant Charter Hall has paid $118.5 million for two government-leased industrial investments on Australia’s east coast. The detector

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News Victoria 

Woolworths set for $50 million payday offloading Mernda Town Centre

November 9, 2018April 29, 2020 Marc Pallisco

Postscript: this site sold to Land Capital in January, 2019, for $51.5 million. Woolworths Limited is selling a strategic development

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News Victoria 

Two iconic Melbourne pubs listed this week targeting investors, developers

November 8, 2018December 3, 2018 Marc Pallisco

Two historic Melbourne hotels hit the market this week. In Collingwood, the Leinster Arms at 66 Gold Street is being

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News Victoria 

State government lists former Mt Eliza hospital – again

November 6, 2018June 21, 2019 Marc Pallisco

Postscript: this asset sold. Read our story about it from March, 2019, here. Victoria’s Department of Health and Human Services

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News Queensland 

QIC sells Brisbane CBD office for $275 million

November 13, 2018 Marc Pallisco

QIC Global Real Estate has sold an office in Brisbane’s Central Business District to Charter Hall Direct Office Fund for

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News Victoria 

Caltex Australia sells two Melbourne service stations for a total of $7.8 million

November 6, 2018 Marc Pallisco

ASX-listed petrol giant Caltex Australia has sold two Melbourne service stations for a total of $7.8 million. In the biggest

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New South Wales News Queensland 

Charter Hall sells two retail assets for a total of $76.1 million

November 12, 2018November 13, 2018 Marc Pallisco

Charter Hall Retail REIT has sold the Coomera Square shopping centre in Queensland and a freestanding Woolworths-leased supermarket in New

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News Victoria 

ISPT acquires three Melbourne CBD sites from Victoria University with plans for a 32-level campus

November 2, 2018November 2, 2018 Marc Pallisco

Industry Superannuation Property Trust will acquire three Melbourne CBD sites from Victoria University and build a 32-level vertical campus which

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News Victoria 

Derrimut industrial investment fetches c$11.4 million

November 2, 2018November 10, 2023 Marc Pallisco

A Melbourne industrial property offloaded in 2014 by Alan Jolly and Graham Stewart, who two years earlier sold their Australian

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News Victoria 

Soon-to-be-vacated 7-Eleven HQ in Mount Waverley listed for sale

November 2, 2018July 9, 2019 Marc Pallisco

Four months after it was reported that convenience retailer 7-Eleven was relocating to Melbourne’s inner-city, its long-time suburban headquarters, in

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News Victoria 

Beville Group sells 509 St Kilda Road for $163 million

November 6, 2018 Marc Pallisco

Developer and shopping centre owner John Beville has sold a Melbourne city fringe office for $163 million – almost twice

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News Victoria 

Two more occupants commit to Derrimut industrial estate

November 2, 2018November 8, 2018 Marc Pallisco

A developer with the foresight to speculatively build an office-warehouse estate in Melbourne’s west is reaping rewards. Two occupiers –

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News Victoria 

Dennis Family Homes HQ listed as a development opportunity

November 1, 2018November 1, 2018 Marc Pallisco

The Malvern East headquarters of Dennis Family Homes has been listed for sale as a development opportunity. Dennis Family Homes

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News Victoria 

Two shops within the Empire Melbourne building sell for $9.35 million off-market

November 1, 2018 Marc Pallisco

One investor has acquired two shops at the ground floor of the Empire Melbourne building, in the CBD, following an

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News Victoria 

History reinvents in Ringwood with Mr Knox

November 1, 2018November 20, 2018 Marc Pallisco

A prominent and enormous Ringwood development site with the potential to make way for some dozen townhouses, is instead being

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News Victoria 

Bill McNee buys Jam Factory car park for $12.6 million off-market

October 31, 2018November 1, 2018 Marc Pallisco

Newmark Capital has sold a multi-level car park abutting its Jam Factory shopping centre in South Yarra (pictured, left) to

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News Victoria 

Former St Kilda ruckman Tom Hickey lists Melbourne home ahead of a move to Perth

November 2, 2018 Marc Pallisco

Two weeks after being traded to the West Coast Eagles, former St Kilda ruckman Tom Hickey (pictured, top) has listed

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New South Wales News 

Petbarn founder lists Sydney harbourside mansion

November 2, 2018 Marc Pallisco

After relocating to New York, Petbarn founder, former vet, Jeffrey David, and his wife Genevieve, are selling their Sydney home.

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News Victoria 

Yoghurt manufacturer expands in Melbourne’s south-east

October 31, 2018November 15, 2024 Marc Pallisco

Chobani has expanded its industrial footprint in Melbourne with the lease of a standalone office-warehouse. The US-based yoghurt manufacturer is

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News Victoria 

Echuca retail investment sells for $7.5 million

October 31, 2018October 31, 2018 Marc Pallisco

A near-new retail investment in the regional town of Echuca, at the border of Victoria and New South Wales, has

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News Victoria 

Figtree Holdings sells Melbourne CBD site for $35 million

October 31, 2018October 31, 2018 Marc Pallisco

Singapore’s listed Figtree Holdings has offloaded a Melbourne CBD site for $35 million – almost twice the $17.4 million it

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News Victoria 

Chinese investor spends $12 million to acquire King Street corner

October 30, 2018October 30, 2018 Marc Pallisco

A low-rise mixed-use building near the south-west tip of the Melbourne CBD has sold for $11.98 million to a China-based

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News Queensland 

Worldwide Hotel’s Legend Land pays a speculated $100 million for Brisbane’s ibis Styles hotel

November 2, 2018 Marc Pallisco

Legend Land, an associate of Worldwide Hotels, has paid about $100 million for Brisbane’s ibis Styles hotel (pictured top and

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News Victoria 

Rialto’s million-dollar views at risk following Charter Hall buying 555 Collins Street

October 30, 2018December 9, 2020 Marc Pallisco

Charter Hall has expanded its footprint at the south-west corner of Collins and King streets, in the Melbourne CBD, following

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News 

Who won The Block Gatwick Hotel competition in 2018?

October 28, 2018June 11, 2019 Marc Pallisco

After announcing they were expecting a baby boy, New South Wales couple Hayden Vale, a 45-year old construction project manager

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News Victoria 

Construction of Australia’s first heart hospital begins

October 26, 2018November 1, 2018 Marc Pallisco

Construction of the Victorian Heart Hospital – the first facility of its kind in Australia – kicked off this week.

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News Victoria 

Developer snares Toorak site for $5.2m – more than a million over the reserve

October 26, 2018October 26, 2018 Marc Pallisco

A local builder has paid a bullish $5.205 million for a prime development site in Melbourne’s ritzy Toorak. The Commercial

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News 

Sam Tarascio Senior launches book My Way

October 26, 2018October 26, 2018 Marc Pallisco

An autobiography by one of Melbourne’s most successful property developers, Sam Tarascio Senior, was launched this month. My Way details

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News Queensland 

Listed Singapore investor paying $102 million for Brisbane Coles distribution centre

October 25, 2018June 16, 2020 Marc Pallisco

Mapletree Logistics Trust has finalised the purchase of a Coles distribution centre, in Brisbane, for c$102 million. At that price,

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News Victoria 

Freehold of Karen Martini’s Mr Wolf restaurant and bar for sale – again

October 26, 2018October 27, 2018 Marc Pallisco

For the second time in a year, the retail premises tenanted to Karen Martini’s Mr Wolf bar and restaurant is

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News Victoria 

Site with development upside in Melbourne’s Richmond sells for $8.7 million

October 26, 2018October 26, 2018 Marc Pallisco

An investment with development potential in the precinct described as Melbourne’s Silicon Valley sold at auction yesterday for $8.66 million

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News Victoria 

George Saade leases retail component of Prahran’s Station Hotel development

October 26, 2018October 26, 2018 Marc Pallisco

Melbourne investor George Saade has filled a large retail area within the Station Hotel redevelopment he has recently completed in

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News Victoria 

Geelong funeral director lists reception centre Lyndon Grove for sale or lease

October 26, 2018 Marc Pallisco

A popular Geelong function centre has been listed for sale for the second time in a year by vendor, funeral

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News Victoria 

Drysdale Village Shopping Centre listed for sale

October 26, 2018November 1, 2018 Marc Pallisco

No sooner has the ink dried on the sale of one investment-grade shopping centre in Drysdale, near Geelong – has

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News Victoria 

Osprey Property Group pays $8.3m for Dandenong South industrial investment

October 25, 2018October 25, 2018 Marc Pallisco

Sydney-based Osprey Property Group has paid $8.325 million for an investment in one of Melbourne’s biggest industrial precincts. The sale

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News Victoria 

ASX-listed funeral parlour leases in Armadale

October 25, 2018October 26, 2018 Marc Pallisco

InvoCare – a leading provider of funeral, cemetery, crematoria and related services – has leased a 110 square metre shopfront

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New South Wales News 

Charter Hall snares Villawood commercial complex for $55 million

October 24, 2018 Marc Pallisco

Charter Hall has paid $55 million for a commercial site occupied by the National Archives of Australia, in Sydney’s Villawood.

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News Victoria 

Balwyn building fetches $7.3 million from Chinese investor

October 24, 2018October 25, 2018 Marc Pallisco

A China-based investor has paid $7.3 million for a double-storey mixed-use asset (pictured top, shaded, and left) in Melbourne’s east.

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New South Wales News 

Woolworths sells two regional NSW supermarkets for a combined $45.7 million

October 24, 2018October 24, 2018 Marc Pallisco

Woolworths has sold two near new supermarkets in regional New South Wales for a total price of $45.7 million. The

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New South Wales News 

Sentinel Property Group pays $23.3 million for Bunnings-anchored homemaker centre near Newcastle

October 24, 2018 Marc Pallisco

Sentinel Property Group is paying $23.3 million for a Bunnings-anchored homemaker centre near Newcastle. The 4.6 hectare site, containing a

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News Victoria 

Zagame family list Yarra Junction Shopping Centre with $20 million-plus price hopes

October 23, 2018October 23, 2018 Marc Pallisco

The Zagame family – which we reported last month is said to be close to selling a portfolio of pubs

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News Queensland 

VIP Pet Foods founder Tony Quinn buys neighbouring commercial assets on the Gold Coast

October 24, 2018 Marc Pallisco

Businessman Tony Quinn has paid about $4 million for neighbouring commercial assets in Southport on the Gold Coast (pictured top

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News Victoria 

Probuild founder Phil Mehrten sells former Prahran Post Office for $13.4 million

October 23, 2018October 23, 2018 Marc Pallisco

Businessman Phil Mehrten (pictured bottom, right) has sold another Melbourne commercial property. The former Prahran Post Office, which is now

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