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Victoria

News Victoria 

Vacant Balwyn office fetches $6.6 million

December 3, 2018 Marc Pallisco

A vacant office within a popular Balwyn retail strip sold this week for $6.58 million. The incoming owner of 317-321

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News Victoria 

Hub Australia arrives in Brisbane

December 3, 2018December 3, 2018 Marc Pallisco

Hub Australia, the country’s largest locally owned co-workspace provider, has opened the doors to its first site in Brisbane. Hub

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News Victoria 

Liberal Party sells HQ to Rolex

November 29, 2018February 20, 2021 Marc Pallisco

The Liberal Party’s Victorian division has sold its Melbourne headquarters to luxury watch retailer Rolex for $37.1 million. Centenary Hall

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News Victoria 

Royal Antediluvian Order of Buffaloes pays $1.6 million for prominent Caulfield South HQ

November 28, 2018 Marc Pallisco

The Australian order of the Royal Antediluvian Order of Buffaloes (RAOB) has paid $1.6 million for a new headquarters at a

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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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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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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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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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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 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 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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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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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 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 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 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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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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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 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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News Victoria 

Chantoozie Tottie Goldsmith lists Melbourne apartment

October 24, 2018October 24, 2018 Marc Pallisco

Chantoozie Tottie Goldsmith, also known as a singer, actress, Olivia Newton-John’s niece, and the daughter of nightclub king Brian Goldsmith,

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News Victoria 

Block opposite Caulfield Park set to become a luxury residential complex after selling for c$8.5 million

October 23, 2018October 23, 2018 Marc Pallisco

A luxury residential building will replace a prime development site opposite Melbourne’s Caulfield Park after selling this week for a

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News Victoria 

Sheetmetal producer pays nearly $7 million for Melbourne industrial asset

October 23, 2018October 23, 2018 Marc Pallisco

Design Group Limited is the latest owner-occupier to snare a Melbourne industrial site. The sheetmetal producer is paying a price

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News Victoria 

Investors outbid developers for Windsor block of flats opposite park

October 22, 2018October 23, 2018 Marc Pallisco

An investor outbid two developers to snare an older-style apartment complex opposite Victoria Gardens in Melbourne’s inner-south pocket of Windsor.

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News Victoria 

La Trobe’s Bundoora campus to become $5b suburb

October 23, 2018April 12, 2021 Marc Pallisco

La Trobe University’s Bundoora campus will be rebuilt as a $5 billion suburb accommodating some 12,000 residents, commercial, retail, medical

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News Victoria 

Chinese investor pays $4.7 million for Clayton commercial investment

October 23, 2018October 23, 2018 Marc Pallisco

A buyer from mainland China has paid $4.7 million for a commercial investment in Clayton, about 19 kilometres south-east of

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News Victoria 

Melbourne Central rooftop set to open as The Reunion Island Pool Club

October 22, 2018October 22, 2018 Marc Pallisco

A new and unique hospitality venue – “the first of its kind in Australia” – is set to open on

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News Victoria 

New chapter for Australia’s first Masters store

October 21, 2018October 22, 2018 Marc Pallisco

The Braybrook site which accommodated Australia’s first Masters Home Improvement store will re-open as a shopping centre (artist’s impression, top)

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News Victoria 

South Melbourne office sells to Andrew Fox for $5.2 million

October 19, 2018October 20, 2018 Marc Pallisco

Executives associated with land surveyors Bosco Jonson – which in March adopted the business name Veris Limited – have sold

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News Victoria 

Peregrine Projects sells Carlton Brewhouse, in Abbotsford, for $10 million

October 19, 2018October 25, 2018 Marc Pallisco

Joseph Chahin’s Peregrine Projects has sold the Carlton Brewhouse for a speculated price of over $10 million. The land holding

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News Victoria 

Offshore investor snares Port Melbourne site for years part of the West Gate Bridge toll collection facility

October 19, 2018November 8, 2018 Marc Pallisco

An offshore investor seeking to establish an Australian property portfolio took just four days to settle on the purchase of

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News Victoria 

Wesfarmers to sell Target’s North Geelong HQ with vacant possession

October 23, 2018October 23, 2018 Marc Pallisco

Geelong is set to lose one of its highest-profile corporate occupants in December. Wesfarmers has listed for sale the Target

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News Victoria 

The Project creator lists warehouse conversion

October 21, 2018February 13, 2021 Marc Pallisco

The Project creator Craig Campbell is selling a Balaclava warehouse converted home. The former Henderson Publishing factory at 7 Balston

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News Victoria 

Brunswick’s historic Sarah Sands Hotel on track to being repurposed as apartment complex

October 19, 2018October 20, 2018 Marc Pallisco

Three years after buying Brunswick’s Sarah Sands Hotel for just over $6 million, developer Peregrine Projects is ready to launch

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