Victoria’s state government has sold a major industrial development site in Melbourne’s north. The former William Ruthven Secondary College at

Brothel Pink Palace has closed after more than 30 years. The double-storey South Melbourne building it occupied (pictured, top) at

Vaughan Constructions has sold an unbuilt industrial investment in the western Melbourne suburb of Truganina to Frasers Property Australia. Reportedly

High profile investors have offloaded two Woolworths-leased supermarkets in Melbourne for a total of $33.29 million. In the largest deal,

A portfolio of six development sites, speculated to be worth in excess of $90 million, has been listed for sale

A syndicate is on track for a multi-million dollar windfall after spending the last three years subdividing one of Melbourne’s

The Caneva hospitality family has listed a Melbourne pub it has owned for 47 years. The “institution” at 179 Chapel

Melbourne businessman, developer Mark Economos, is selling a historic property in Cheltenham, permit-ready for an eight-level apartment complex which an

Prestige guest house Hyatt Centric plans to open its second Melbourne hotel, in South Yarra. The innkeeper has leased all

Ron Hall, the founder of retail outfits The Reject Shop and Going Going Gone, has sold two neighbouring properties in

The Jenkins farming family has sold a Wantirna South apple orchard to developers for close to $100 million. The 14.96

  Australian Labor Party reforms to the Residential Tenancies Act, some which were mooted before a recent bi-election of an

Orion International Group has signed an agreement with Box Hill Institute to replace an open-air car park with a mixed-use

Charles ‘Chas’ Jacobsen is purchasing the significant last piece of Sir Reginald Ansett’s Mt Eliza estate. The retirement village owner

  A portfolio of three South Melbourne development sites including the famous former Bill Armstrong Recording Studios, which was used

Singapore’s Chen family has sold a major seaside shopping centre after owning it 30 years. In central Mordialloc, 24 kilometres

Eleven years after then-Prime Minister Kevin Rudd identified Melbourne’s enormous former Maribyrnong explosives factory as a solution to help local

Privately owned China-based builder AZX Group has flipped a Melbourne CBD site after obtaining a valuable redevelopment permit. The vendor,

Shannon Bennett – the owner of a burgeoning portfolio of exclusive eateries – with his wife, actress, Madeleine West, are

A collection of low rise South Yarra factories – near to a swathe of new luxury apartment towers – has

Three days after it was reported Dahua Group was outlaying a speculated $70 million-plus on the 56.4 hectare Kilarnie Farm

Little Lane Early Learning Centre (LLELC) has outmuscled a number of local and international builders to secure an enormous parcel

The Bloom family – who are behind numerous retail brands including fashion label, Portmans, established in the 1940s – has

Moonlight Cinema founder James Tutton (pictured) is close to selling his historic Coburg home for a speculated price of around

Melbourne developer Tim Gurner is understood to have found a buyer for his Toorak home. The 35-year old, who in

Stately Melbourne mansion, Blair Athol, in Brighton, is selling for $12.8 million. The distinctive Victorian Gothic dwelling, which in season,

Businessman and wine maker Michael Cohn, with his wife, Ann, have sold one of just two inner-city Melbourne residential homes

Wellcom Worldwide founder and executive chairman Wayne Sidwell has listed his French Provincial style home in Toorak’s tree-lined Stradbroke Avenue.

Mercedes-Benz has chosen November 3 – the day before Derby Day – to open its seventh global retail concept store,

Former Mirvac executive Marina Darling and her husband Anthony have sold their 1920s Toorak mansion Mowbray for $40 million –

Actress, singer, songwriter – and soon, entertainment veteran of five decades – Kylie Minogue, will get a loose valuation of

Nothing is sacred from Melbourne’s building boom, it would appear, including the house believed to be the city’s oldest – La

John Gandel has leased his company’s former and unique headquarters to serviced office operator Waterman Group. The 5000 square metres

Zaha Hadid Architects has released an animation showing how Australia’s first Mandarin Oriental Hotel will look upon completion in 2023.

Elias Jreissati has relisted his three-storey HMAS penthouse in Port Melbourne for $18 million –  a potential suburban record price.

A Marina Bay Sands-style sky-pool connecting two proposed apartment buildings is poised to become a suburban Melbourne landmark. Part of

Stockland is paying $48 million for a 6.3 hectare Altona North residential development site. The property is part of a

Amazon appears to have chosen Melbourne’s Dandenong South as the location for its Australian fulfilment centre. The electronic commerce and

The record price for Victorian home has been smashed by almost $14 million following an off-market “done deal” in Toorak.

Good Guys boss Andrew Muir is buying the distinctive Flinders holiday home listed late last year by Daniel and Danielle

A millionaire-only residential project with a concierge, gym, private gardens and 42 dwellings will replace the site of Toorak’s historic

Record low interest rates with first home owner grants are fuelling an apartment building boom. But not all developers could

THE cost of building an office tower could rise 1.7 per cent under a carbon tax, substantially more than the previous estimates of between 0.2 and 0.5 per cent.

Building a 200 square metre home would also rise by 1.7 per cent, or about $18 per square metre, because of the tax, according to new research prepared for the Property Council of Australia, by adviser Allen Conosulting Group.

An initial price of $23 per tonne of carbon will be imposed on Australia’s top 500 carbon emitters from July 1, 2012. This will rise to $25.50 per tonne in the 2015 financial year.

Woolworths with US hardware giant Lowe’s launched the first of its highly-anticipated Masters Home Improvement outlets in Melbourne’s western suburbs

THERE’S a sad day each year when home owners are delivered what might be their most misunderstood bill – the council rates notice.

Council rates are calculated using your property’s valuation and a rate in the dollar your council has budgeted as your contribution. Statewide (Victoria), the average rates bill for all properties -residential, commercial, industrial or farming – was $1135 two years ago.

AS TEACHERS and the cashed-up education unions bully for more pay, the cash-strapped Baillieu government has been forced to sell two prime assets including the landmark former Kangan TAFE in Gwynne Street Richmond, expected to one day make way for a  $200-million plus mixed use village.

In a busy week for school sales and listings, the state has reaped $9.25 million for the 7637 square metre inner-east site which will cease operating as a Kangan next March.

The Business 1 zoned property (aerial pic, right) is heralded as the largest commercial development site to sell in Melbourne this year measured by value – but it’s estimated the property could have been worth more than $20 million should it have sold with a more flexible zoning allowing for residential redevelopment.

A Newhaven property developed in 1928 as the St Paul’s Boys Home is being sold by The Knox School. The

Radio broadcaster Steve Price and his partner, Wendy Black, are understood to have purchased a terrace near South Yarra’s Royal

BEHIND the scenes, Channel Nine has been busy lodging applications to effectively rebuild the quartet of neighbouring terraces that are the subject of heavily marketed TV show The Block, which airs from June 20.

Nine agreed to buy the four rundown single-storey homes at 37-43 Cameron Street for $3.6 million soon after they hit the market last year. Settlement occurred in February, at about the same time new planning applications were lodged (and subsequently approved) by the City of Yarra council.

Eleven months ago, the terraces were offered for sale with an adjoining 446 square metre parcel of land (addressed 31 – 35 Cameron Street) which Nine is currently using to store materials and machinery.

The owners of an Essendon shopping centre have proposed a residential-based mixed-use complex with three towers – the tallest rising