IOOF Holdings Limited has found two tenants to occupy a third of its Sero office in Melbourne’s Hawthorn. In the biggest deal, New Zealand based technology company Xero has leased 1143 square metres, being the third floor of 108 Power Street. It will join high-end residential builder Henny which has recently moved into 240 sqm

The Port Melbourne pub for years until recently known as Albion Hotel – now North Port – has sold for $2.75 million. At 146 Evans Street, opposite Howe Reserve – the holding is a block from Port Melbourne Football Club’s North Port Oval, a site planned to be a community activity precinct as part of

Cabrini Hospital has sold a 1970s block of flats listed in the week Australia’s social distancing measures were introduced. The double storey complex in Melbourne’s exclusive Glen Iris traded for $3.32 million following an auction-converted-expressions of interest campaign. Aston Commercial’s Liam Rafferty said 10 written offers came in for 147 Tooronga Road – the agent

Charter Hall has received planning approval to build a $1.5 billion commercial complex at the south west corner of Collins and King streets, in Melbourne’s CBD. The proposal will see two low-rise offices on neighbouring sites at 555 Collins Street and 55 King Street replaced with moderately taller ones, both premium (the best) quality, flanking

EXCLUSIVE Germany based supermarket Kaufland, which in January made the surprise decision to quit Australia three years into creating a development pipeline and never opening a store, is sub-letting its office in Melbourne’s Mount Waverley. The company only moved into 327 Ferntree Gully Road, within Dexus’ Axxess Corporate Park, two years ago, on a temporary

Austpac Logistics has leased a modern distribution centre with corporate quality offices in Derrimut, about 17 kilometres west of Melbourne’s CBD. The 14,917 square metre facility sits on a 3.3 hectare site at 25 Briggs Drive, within the Gilbertson Estate business park. Developed by Marwood Property Group, it was the biggest speculative project in Melbourne’s

EXCLUSIVE Aged care accommodation entrepreneur Russell Knowles – the father-in-law of Steller co-director Simon Pitard – has sold a distinctive 1960s homestead on Portsea’s clifftop for a speculated $13.5 million. Rovina at 3808 Point Nepean Road is trading off-market to Camilla Deague, the daughter of veteran developer David, and her husband, Nick Speer. The incoming

Following a search for alternative premises, Bakers Delight has re-committed to its Camberwell Junction headquarters for 10 years. JLL’s Josh Tebb negotiated the deal for 1950 square metres at 293 Camberwell Road, Camberwell – about nine kilometres east of the Melbourne CBD. The modernised four level building backs onto a public car park accessed from

A childcare centre investment in Mount Helen – on Ballarat’s southern outskirts – has traded for $4.275 million, a deal which reflects a 6.4 per cent passing yield. The 120-place facility, 1848 Geelong Road, was purpose built for Goodstart Early Learning in 2005. It was offered for sale with two years left to run on

EXCLUSIVE Fred IT Group – which designs and develops technologies for professionals and businesses in the healthcare sector – is moving headquarters within Melbourne’s inner north east Abbotsford. The 28 year old enterprise has pre-committed to 2421 square metres at Craftworks, a prime quality office set to be developed at 20-30 Mollison Street on the

Another retired footballer has sold a multi-million dollar house by the beach, this time Paul Roos, in Melbourne’s Brighton. Also a premiership coach for Sydney Swans in 2005, the sportsman turned commentator had price hopes of c$5.5-$6 million when it was listed mid-March. A buyer was found within four days for a sum understood to

A Dandenong South service station has traded – the second in two months. The marketing agents aren’t disclosing the sale price of 260-262 Hammond Road – which is $3.825 million reflecting a 6.4 per cent yield. Built in 2017 and with 13 years left of a lease to Shell, it includes a 227 square metre

Retired AFL sportsman turned commentator Gerard Healy has sold his Surf Coast home – three weeks into a campaign requiring social distancing. Hocking Stuart Torquay’s Leigh Hall-Sullivan listed 95 Ocean Boulevard, Jan Juc, with a guide price of $1.75-$1.85 million. The result is as yet undisclosed. The vendor paid $1.81 million for the contemporary beachfront

A Christopher Doyle designed mansion which replaced late Lady Susan Renouf’s Struan House, in Toorak, has been listed for sale asking $17.5 million. In Struan Street, a wide, tree-lined row between Orrong and St Georges roads, EMOC Constructions only recently completed building it. Over three levels, with 1056 square metres of internal area, 13 Struan

Woolworths has sold a near-new neighbourhood shopping centre in Melbourne’s south east Keysborough to a local investor for $33.13 million. On a 1.8 hectare site at 217 Chapel Road, at the north east corner of Hutton Road, Keysborough South Shopping Centre contains 5437 sqm of lettable area and 277 car parks. The vendor offered the

A large Manufactured Housing Estate comprising 57 relocatable dwellings is for sale in Inverloch, a coastal town about 86 kilometres south east of Melbourne’s CBD. Sunny Sand Residential Village now has a variety of potential future outcomes, CBRE marketing it to aged care and retirement living owner-occupiers as well as developers – some which might

One of six apartments which replaced South Melbourne’s former Kingsway Hotel – renovated as part of the 2013 season of TV show The Block – is for sale. Belle Property is quoting $2-$2.2 million for 201/142 Park Street, which was refurbished by Perth-based contestants Matt and Kim Di Costa. The couple didn’t win the competition

A national hotel operator based in Melbourne is paying The Salvation Army more than $6 million for a conference centre and 46-suite hotel within Eastern Park, Geelong. Interestingly the under-bidder was a brownfield developer wanting to replace the 1.6 hectare Special Use zoned site with apartments. Constructed in 1981 as a bush retreat, 20 Adams

A trio of Melbourne businessman have shelved plans to build a hotel at the Melbourne CBD’s north west tip following an unsuccessful campaign to sell it as a permit-ready opportunity. Probuild founder Phil Mehrten, Resimax Group director Aziz “Ozzie” Kheir and developer, Frank Palazzo were hoping to collect about $75 million when they listed the