Five standalone dwellings moved to the site of the former Andrina nursing home and renovated as part of this series of TV show The Block were listed for sale yesterday. All carry the same price guide – $3.2-$3.4 million, according to the statements of information. Only one residence – House one – uses a single

Mapletree Logistics Trust has settled on a conditional forward purchase made a year ago for a 2.6 hectare warehouse in Melbourne’s west Truganina. The deal, with retiring Vaughan co-directors Ken and Matthew Vaughan’s Wooreddy Investments, is worth $18.4 million. The 15 Botero Place property includes a newly completed 15,100 square metre warehouse with A-grade specifications,

Australian Select Timbers has leased a new warehouse at Salta Properties’ 177-hectare Nexus Industrial Estate in Dandenong South. The 6975 square metre building, inclusive of a 545 sqm office, is known as 136 Atlas Boulevard and sits at the edge of a holding with a larger factory, being marketed as 85 Portlink Drive. Colliers International’s

Incore Developments is paying $6.42 million for a double storey South Melbourne office with plans for another, six times taller. The 903 square metre Capital City 1 zoned property, 67-69 Buckhurst Street, was purchased from the owners of Stowe Australia, a business which occupied it for 16 years. The electrical contractor recently relocated to a

LOGOS has released construction shots of News Corp Australia’s Truganina printing press – five months after it was reported to have broken ground. The media group confirmed it committed to the 1.1 hectare facility 22 kilometres west of Melbourne last September. The initial lease term is 10 years. It is from this property its Herald

Restaurateur Jamie McBride has leased a studio office atop of his Gilson eatery for a private function room. The contemporary 83 square metre area, 1/171 Domain Road, South Yarra, includes a balcony overlooking Melbourne’s Royal Botanic Gardens. Self-contained, with hydronic heating and split system air conditioning – the starting annual rent is $50,000. Gorman Commercial’s

Local developer Goldfields Group is purchasing a 1.1 acre mixed-use development site near St Kilda Junction. The former Montefiore Home for the Aged facility at the south west corner of Punt Road and Raleigh Street, Windsor, is understood to be trading for about $35 million. It was offered in June by Jewish Care Victoria, which

Reece has pre-committed to a 4.7 hectare industrial facility at and owned by Melbourne Airport. The plumbing and bathroom group intends to occupy the 11,670 square metre factory by August, consolidating a number of distribution centres in the city’s north. The proposed property would be the latest within the 410 hectare Melbourne Airport Business Park,

A Chinese builder has spent $6.22 million on a farm in Melbourne’s north west Sunbury. The 7.28 hectare property, 60 Redstone Hill Road, was offered with a plan for a 103 (large) lot subdivision. Only 5.1ha is developable. It is beside Villawood’s Redstone housing estate, which is master-planned with 2000 dwellings. In coming years, two

Henley Properties is paying a speculated $8 million for a low density housing block in Melbourne’s Officer. The 4.1 hectare tract, 110 Bayview Road, was offered by Gold Coast’s Potter Group, directed by John Potter who founded Citie Centre Limited which later merged with Villa World. It is permit-ready for a 51-lot subdivision; parcels ranging

Deka Immobilien is outlaying $440 million on an A-grade Melbourne CBD office. The 22-storey, 38,000 square metre building at 452 Flinders Street is costing the German investor 11 per cent over the June 30 book value. Vendor, Dexus Wholesale Property Fund, paid $194m in 2011, later undertaking a refurbishment. Developed in 1994, it is fully

Gatsby Living has leased a maiden showroom at Preston’s Northland Homemaker Centre. The new retailer has signed a seven year deal for the 1120 square metre unit formerly occupied by Barbecues Galore. Leedwell Property’s Chris Parry, Tom Perkins and Nick Segran said the agreement was negotiated during Victoria’s stage four lockdown. A number of businesses

PrimeLand Group with Singaporean fund Baksh Capital has paid $9 million for East Melbourne’s Magnolia Court with intentions to renovate and extend it. The guesthouse at 95-101 Powlett Street wasn’t for sale six months ago however, with hospitality one of the hardest hit sectors in the early stages of the COVID-19 pandemic, vendor Leaper Holdings

Epson has rented a standalone Hawthorn East office as its local base. The 630 square metre double storey building at 90 Camberwell Road was only recently refurbished by Forza Capital, which immediately after, sold it for $6 million. Colliers International’s Ash Dean and John Howell with JLL’s Josh Tebb, Tim Sugar and Mario Nobrega were

The recently vacated City Mazda dealership in South Melbourne, opposite South Wharf, will make way for a $1 billion-plus village with apartments, offices, shops, a hotel and new showroom. Planning minister Richard Wynne this morning approved Gurner’s proposal to replace 2-28 Montague Street and 80 Munro St with three towers, rising 38, 24 and 15

General Motors Holden has sold its Lang Lang proving ground to three year old Vietnamese car maker VinFast for a speculated price of nearly $20 million. The deal will see General Motors Special Vehicles – the new name for Holden Special Vehicles – retain access for testing. Holden enthusiast club members and former employees via

Pelligra Group is paying a speculated $35 million for the Rydges on Swanston hotel at the centre of the botched quarantine program, part responsible for Melbourne’s latest COVID-19 outbreak. The 107-suite guesthouse at 701 Swanston Street, Carlton, will now be renovated as a 4.5-star inn with conference facilities, and re-let. Vendor, Adelaide based hotelier David

Victorian planning minister Richard Wynne – with the backing of the COVID Building Recovery Taskforce – today approved 10 projects worth a total of more than $2 billion. The biggest – a mixed-use village comprising three towers – is earmarked for a 9720 square metre South Melbourne site opposite South Wharf. With an end value

A prominent and long-vacant block in central Wodonga has sold to a developer expected to replace it with a multi-level project comprising showrooms and offices. The 2457 square metre Activity Centre zoned site at 171-175 Beechworth Road on the north west corner of Nilmar Avenue, and also on a roundabout connecting High, Hovell and Lawrence