NTT snaps up Donnybrook housing site
Nippon Telegraph and Telephone Corporation is understood to be paying more than $100 million for a low density housing site
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Victoria
Michael Renzella lists South Yarra hotel
Investor and developer Michael Renzella is selling South Yarra’s c1886 Hotel Claremont. On 906 square metres at 189 Toorak Road,
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Vietnamese syndicate pays $11m for townhouse site
A Vietnamese syndicate has acquired a Donvale townhouse site for $11 million. The vendor, a China-based investor, paid $5.5m for
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Country retail investments collect c$52m
Two country supermarket backed shopping centres and a small plaza near one of them are trading for a total of
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Melbourne housing boom ends at the expense of regions
After two quarters of stellar growth, Melbourne’s median house price rose just 0.5 per cent in the three months to
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Virtus picks up vacant Kilsyth site
Industrial developer Virtus Property Group has snapped up a vacant site in Melbourne’s Kilsyth. The 2.53 hectare property, 88-90 Canterbury
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Churches swap house of worship
Monash Methodist Church has leased the Huntingdale building recently vacated by Faith Christian Church. The deal for 15 Clifford Grove
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Indoor rock climber expands in south east
Indoor rock climbing group Boulder Lab has signed a lease for a second Melbourne facility, at Clayton. The business already
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Northern Motor Group swoops on Bundoora site
Northern Motor Group has picked up a Bundoora industrial site held for over 30 years by the Magnani family, led
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Brown Property Group picks up another Clyde site
Brown Property Group is speculated to be paying over $230 million for another housing estate site, in Melbourne’s south east
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Stockland spends $82m in Melbourne’s west
Stockland is paying $82 million for a low density housing site in Melbourne’s west Tarneit. The c85 hectare block at
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Geelong house, unit medians surging to $1m
The median price for Geelong houses and units has hit record levels according to latest Australian Bureau of Statistics figures.
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Offshore investors trade regional Bunnings
An offshore investor has paid $9.8 million for Bunnings Horsham. The property passed in on a $9.1m vendor bid when
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Haben, JY Group buy Casey Central
A joint venture comprising Haben Property Fund and JY Group is paying $225.018 million – a price reflecting a 5.38
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Luxcon picks up waterfront Port Melbourne block
Luxcon has purchased a waterfront site in Port Melbourne, staring down Station Pier. The deal with V-Leader, for 103 Beach
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Farm Pride Foods sells HQ
Farm Pride Foods has sold RF Corval its Keysborough headquarters, cold storage facility and distribution centre with a leaseback. The
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South Haven divests Cheltenham office
South Haven Group has offloaded a Cheltenham office after 17 years. The three level, 4050 square metre building at 1279
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HomeCo spends $209.7m on healthcare investments
Home Consortium has purchased eight oncology clinics from GenesisCare and a five hectare block at Camden where it will develop
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Krost acquires West Melbourne showroom
Krost Furniture has paid $9.25 million for a high-profile West Melbourne showroom. In town, the office products supplier is presently
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Investor outbids developer for permit-ready Box Hill site
A Box Hill office offered permit-ready for a 30-storey mixed-use skyscraper has instead sold to an investor – for $17.158
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Siricco’s Bourke Street store for sale
The city’s Siricco House of Leather store – a block east of Bourke Street Mall – is for sale with
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Ahmed Fahour sells Invergowrie
Three years after hitting the market, Hawthorn’s landmark Invergowrie has sold for a speculated $40.5 million. The buyer is Angela
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ISPT tries again to replace Kingswood Golf Club
ISPT is a step closer to replacing Dingley Village’s Kingswood Golf Club with a housing estate (artist’s impression, top) –
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Receiver sells troubled Torquay housing site
Forty two parties who signed contracts to buy land in the seventh stage of Torquay’s Surf View Estate are understood
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Investor splashes out c$9m in Hawthorn East
An investor has picked up a triple storey Hawthorn East showroom and office for an undisclosed price, speculated to be
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Oriental sells ex-Bayview on the Park
The former Bayview on the Park, opposite Albert Park Lake, is under offer. On a triple block spreading 6966 square
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Fortis drops another $12m in South Melbourne
Fortis has paid $12 million for another low-rise South Melbourne office with plans for a taller one. The deal for
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IIG offers Younghusband site
Impact Investment Group is offering Kensington’s Younghusband site after five years. The developer, backed by the Liberman family, paid EG
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Journey Beyond sells Eureka Skydeck
RF Corval has purchased Melbourne’s Eureka Skydeck. The c$60 million deal includes the level 88 tourist attraction and the full
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AU acquires Knoxfield aged care complex
Australian Unity Healthcare Trust has bought into a Knoxfield aged care complex. The unlisted fund will pay $10.75 million for
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