Lindsay Fox’s Former Home For Rent
Phoenix Fairhaven, the prominent art-deco mansion that trucking magnate Lindsay Fox once called home, has come on to the market – as a rental.
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Troubled Former Coburg High School Site Closer to Being Developed
More than a decade after its doors were shut to students, the former Coburg High School site in Melbourne’s northern suburbs is set to be redeveloped.
Read moreDelfin Lend Lease Sells Maribyrnong River Development Site
Delfin Lend Lease has sold a major residential development site on the banks of the Maribyrnong River, in Melbourne’s inner north-west.
Read moreAdvice if You’re Facing Redundancy With a Mortgage
Having viewed an obvious increase number of redundancies in Australia due to the current financial turmoil, Mortgage Choice expects there are many people who are wondering how they will cope with paying their mortgage without having a job.
Read moreSouthbank’s Newest Restaurant to be Shipped in
Pedestrians using the Southgate Footbridge this weekend may notice they are in the middle of a construction zone, when the shell of a new bar, is transported via barge and boat, to a unique “island site” beneath the bridge.
Read moreAustraland Wins UDIA Award For Torquay Project
A housing estate 90 minutes from town, has beaten several other estates closer to Melbourne, to win a major award for design excellence.
Read moreConstruction of A’Beckett Tower to Start Soon
The top end of the city will see a sleek new 33-level apartment building take shape from next year, after developer Pan Urban confirmed it will start construction of a 287-unit tower, just off Swanston Street.
Read moreHospitality Identity Damian Brown Appointed GM at Eynesbury Golf Course
Hospitality identity Damian Brown has been appointed as general manager for the Eynesbury Golf Course, the centrepiece of a major new housing estate and commercial centre, about 40 kilometres west of Melbourne.
Read moreMonash leases at Mulgrave’s UniPark
Monash University has leased a 2,174 square metres office at CGA Bryson’s Unipark estate, in Mulgrave. The school will also
Read moreBecton to Sell Abbotsford Office Park For $31 Million
Melbourne-based fund manager and developer Becton is believed to be formalising the sale of a prime riverfront office park and development site, opposite the Victoria Gardens Shopping Centre, in Abbotsford.
Read more350,000 Households Rescued From Mortgage Stress
Recent interest rate cuts have provided welcome relief for mortgage belts around Australia. In the vicinity of 350,000 households have been rescued from mortgage stress on account of rate cuts.
Read moreBP May be Second Tenant to Lease at 567 Collins Street
Petroleum giant BP may be the second major office tenant to lease space at an as-yet-unbuilt office building in Collins Street.
Read moreRMIT Fine Art Students Design Artwork For New Fitzroy Warehouse Complex
Some of history’s most memorable characters have been immortalised by RMIT Fine Art students, and form a major part of public gallery space at a new home-office development, at 49 Smith Street in Fitzroy.
Read moreClinton Casey to Sell Slice of Former Zeally Bay Caravan Park, Torquay
Former Richmond Football Club President Clinton Casey will sell the last remaining slice of the old Zeally Bay Caravan Park site in Torquay, after shelving plans to build a retirement community.
Read moreBaillieu St Georges Road Sale to Proceed, Agent Says
Speculation that the $16million sale of Diana Baillieu’s Toorak estate has fallen through has been dismissed by RT Edgar selling agent Warwick Anderson.
Read moreRMIT Fine Art Students Contribute to Fitzroy Warehouse Project
Some of history’s most memorable characters have been immortalised by RMIT fine art students, and form a major part of public gallery space at a new home-office development at 49 Smith Street in Fitzroy.
Read moreClinton Casey to Sell Remainder of Former Torquay Caravan Park
Former Richmond Football Club president Clinton Casey will sell the last remaining slice of the old Zeally Bay Caravan Park site in Torquay after shelving plans to build a retirement community.
Read moreLorne Shops Sell Before Auction
Consolidated Properties, a subsidiary of ASX-listed Trinity Group, has sold nine of 15 shops in the Victorian beach resort town of Lorne, in a week after the portfolio was put to the market.
Read moreInvestors Flock to Offices as Interest Rate Drops
Investors are steering clear of buying apartments, but recent sales suggest interest remains strong in commercial office suites.
Read moreRedevelopment of Kelly Brothers Market Garden Continues
Redevelopment of the former Kelly Brothers market gardens in Dandenong South is continuing, with 10 hectares of newly rezoned industrial land about to be sold to make way for factories.
Read moreMirvac May Sell Como For $200 Million
Beleaguered fund manager and developer Mirvac is believed to be formalising plans to sell its landmark Como building in South Yarra for about $200 million.
Read moreVictoria Almost 7,000 Homes Short
The HIA Victoria Outlook, the state’s most comprehensive report card on the residential sector, points to a rough short term outlook for residential construction.
Read moreHIA Welcomes New Planning Direction
The Housing Industry Association has welcomed the Victorian Government’s announcement today to extend the Urban Growth Boundary.
Read moreMelbourne’s Population to Hit 5 Million by 2036
Melbourne’s population is growing faster than expected, with government forecasting the city will need to accommodate an extra 1.8 million people by 2036.
Read moreEynesbury Estate Taking Shape in The West
Eynesbury – the “city meets country” housing estate being developed on farmland once owned by members of the Baillieu family, is taking shape west of Melbourne.
Read moreGlenneagles Homes Picks up Highest Accolade at Industry Award Night
Prestige builder Glenneagles Homes picked up the highest accolade at an industry award night, acknowledging Victorian designers, builders and building companies.
Read moreWhat is The Coburg Initiative (Coburg 2020 Initiative)
Coburg Activity Centre
The suburb of Coburg is approximately 8 kilometres north of the Melbourne Central Activities District on Sydney Road, the historic route from Melbourne to Sydney. The Coburg Activity Centre is a 42.5-hectare area within the suburb of Coburg. The activity centre is based around the Coburg town centre and the tram corridor along Sydney Road and has views to the Melbourne city skyline.
Read moreRavida Group Sells Penthouse at 333 Wattletree Road Malvern Development
The Ravida Group has reaped $2.05 million from the sale of the penthouse apartment at its latest Malvern project, 333 Wattletree Road.
Read moreElinora Mansion, Wheelers Hill, on the Market Again
One of Wheelers Hills most prominent home, Elinora, is on the market again.
Read moreSingles driving unit and apartment market
Singles of all ages; forming families of all configurations. Rich, poor. More Melburnians want to live alone, according to forecasters
Read moreOptus Moves Into Former Telstra Space, Bourke Street
Telecommunications retailer Optus has moved in on a prominent Bourke Street shop, recently vacated by Telstra.
Read moreMills Oakley Lawyers Leases Space at 530 Collins Street
General Property Trust has been delivered good news this week, with law firm Mills Oakley Lawyers leasing about 3,524 square metres – or more than 10 per cent – of ANZ Bank’s outgoing office space.
Read moreMyer Leases Space at QV
Myer has leased prominent retail space at a rival city shopping centre, while its own headquarters undergoes a massive renovation.
Read moreChurch of Scientology Cancels Auction
PROSPECTIVE purchasers and commercial real estate agents were left standing at the altar again this week, after the Church of Scientology abandoned the sale of its city headquarters, just hours before a scheduled auction.
Read moreKaisercraft Leases to Buy Its New Geelong Headquarters
Scrapbooking materials wholesaler Kaisercraft has taken advantage of flexible sale terms on offer at the moment, agreeing to lease a major Geelong industrial facility for two years – before buying it at a 2008-agreed price.
Read moreDeal Corp Announces New Apartment Building for Melbourne’s West End
It was arguably Melbourne’s most forgotten city block – at a dead end of town, dwarfed by a road and rail overpass, and inhabited mostly by backpackers.
Read moreJames Coppell Lee workshop, City, to be Sold
Private investor Dicky Herman will auction the former James Coppell Lee copper and metal alloys workshop at 500 La Trobe Street, near the corner of Spencer Street.
Read moreVictorian Government Announces Geelong Growth Area, Armstrong Creek
The Premier of Victoria and the Minister for Planning announced on the 25 November 2008 the approval of ‘Greater Geelong Planning Scheme Amendment C138 – Armstrong Creek Urban Growth Plan Framework’ and ‘Greater Geelong Planning Scheme Amendment C170 – Application of the Urban Growth Zone’ to all land currently zoned farming and located within the urban growth boundary.
Read moreEastlink to Give Away a Block of Land at Sandarra, Sandhurst
Every trip you take on EastLink between 25 November 2008 and 14 February 2009 could put you in the running to win the great Australian dream – a block of land valued at up to $170,000 in the new Sandarra housing project in the golfing suburb of Sandhurst.
Read moreThe Beach Hotel and Limerick Arms, Sell
An Albert Park hotel, sold with a long-term lease to the Collingwood Football Club, has sold for a price believed to be about $11 million.
Read moreCity of Bendigo Appeals to VCAT to Stop Shopping Centre Development
The City of Greater Bendigo will ask the Victorian Civil and Administrative Tribunal to reject a planning application for a $25 million shopping centre – because of the impact the development could have on other businesses in the provincial town.
Read moreVictoria Becomes Trillion Dollar State
Victoria has became a trillion dollar state, with official new data from the Valuer-General Victoria showing the value of private property has surged a staggering 26.9 per cent since 2006.
Read moreR.Corporation Starts Rebuilidng Willow Esky Site, North Melbourne
It was the home of esky manufacturer Willow for more than 100 years.
Read moreBabcock & Brown Communities Transaction Progress
Lend Lease Corporation Limited (“Lend Lease”) announced today that the proposed Babcock & Brown Communities (“BBC”) transaction has been amended since the announcement of the proposal on 1 October 2008, following due diligence and the completion of negotiations with the existing lending syndicate.
Read moreEddie McGuire sells Toorak family home
Former Nine chief executive Eddie McGuire has sold one of his two adjoining Dunraven Avenue, Toorak, homes. The Wayne Gillespie
Read moreNithsdale Brighton on the Market Again
The top end of the market will be tested again, with landmark Brighton mansion Nithsdale up for sale – a bit more than a year after it was last on the market.
Read moreDenistoun Park and Windsong Estates for sale on the Mornington Peninsula
The marketing executive that made undergarment clothing manufacturer Davenport a household name, is selling his family retreat in Red Hill South, as he prepares to move to a new family compound he is building in Shoreham.
Read moreFishy Pub on the Market, Near Wilsons Promontory
A prominent seaside hotel, away from Melbourne – but frequented often by Melburnians – is on the market.
Read moreFormer Cricketer Simon O’Donnell Sells East Malvern House
A "SOLD" sticker has finally appeared on the East Malvern house of former cricketeer-turned-racehorse owner and sports commentator, Simon O’Donnell.
Read morePlans Lodged to Develop Outgoing Headquarters of The Age
It is the beginning of the end for one of Melbourne’s biggest property eyesores. Redevelopment of The Age’s outgoing city headquarters could start as early as next year, after the Melbourne City Council confirmed it was reviewing an application for a large mixed-use village on the easternmost part of the property.
Read moreVicUrban Purchases Melbourne Land Parcel From Stockland For $34.6 Million
Stockland today announced the sale of a 108 hectare parcel of land adjoining its Highlands residential community in Melbourne to VicUrban, the Victorian Government’s urban development agency, for $34.6 million.
Read moreMacquarie Tenant Files for Bankruptcy
One of Macquarie DDR Trust’s (ASX:MDT) tenants, Circuit City Stores, Inc has announced it has filed a voluntary petition for reorganisation relief under Chapter 11 of the United States Bankruptcy Code.
Read moreLend Lease Provides Market Update
Lend Lease Corporation Limited (“Lend Lease”) confirmed today that its Net Operating Profit after tax expectation for FY09 is broadly in line with guidance the Company provided in August 2008. The Company also flagged that it is implementing a number of non-operating and primarily non-cash charges reflecting the impact the financial markets are having on property balance sheet carrying values.
Read moreMajor Marina Development Planned for Metung
Paynesville developer Riviera Properties is to develop a major marina in Metung, about 300 kilometres east of Melbourne, near Lakes Entrance. The project will include a major wet berth marina and resort day spa, and take advantage of views of Gippsland Lakes. A golf course, restaurant and bar is already part of the development.
Read moreFarm Near Avalon Airport to Fetch $5 Million
A farm abutting the Avalon Airport near Geelong is expected to reap its owner about $5 million, despite not being rezoned for immediate redevelopment.
Read moreDimmeys Richmond Ball and Tower Protected
The new owners of Richmond thrift store Dimmeys have supported a submission the landmark property be added to the Victorian Heritage Register, in a move that will protect the distinctive Swan Street building and its clock tower from inappropriate redevelopment.
Read moreDevelopers Doing it Tough
Melbourne housing shortage woes are likely to worsen unless middleweight residential developers are given a lifeline to get new construction off the ground, and soon.
Read moreRetail Construction Booms, But Retail Spending Slumps
Investors have abandoned retail assets this year in the face of slow retail spending, flattening rents and rising yields.
Read moreAuction Inaction For Melbourne
Could Melbourne be losing its reputed title as the auction capital of the world?
Read moreNew Dandenong High School to Open
An innovative high school redevelopment in Dandenong will open to students from the end of the year.
Read moreDr Turf to Sell Watergrill
Author, bookie and former 3AW radio commentator John Rothfield, otherwise known as Dr Turf, may be selling his famous Watergrill restaurant site in South Yarra.
Read moreValad Property Group Buys Port Melbourne Supersite, Major Project Planned
It might have taken six months to co-ordinate, but Valad Property Group and joint-venture partner Pomeroy Pacific have carved themselves a super-sized development site with two street frontages in Port Melbourne.
Read moreEG Funds Management Buys in Brunswick East, Apartments Expected
The cashed up EG Funds Management has swooped in on another Melbourne property, this time in East Brunswick.
Read morePlans for 38-Level Skyscraper in Box Hill
Melburnians will soon be able to spot Box Hill from a distance, if plans for a 38-level skyscraper get off the ground.
Read moreOwner Occupier Buys 179 Flinders Lane
An undisclosed owner occupier is understood to have outmuscled a swarm of investors to buy a heritage protected office building at 179 Flinders Lane.
Read moreAssociation of Independent Schools of Victoria Spends Up
The cashed-up Association of Independent Schools of Victoria is making a very educated property play – selling a property in a booming suburb, after buying a property in an up-and-coming precinct.
Read moreMelbourne’s best performing suburbs this year
This past year has seen median house prices slowing in most Melbourne suburbs – but some areas are bucking the trend.
Read moreToorak’s Historic Edzell Mansion to be Restored by New Owner
Toorak’s grand Edzell mansion in St Georges Road will be restored as a single residence, under plans by its new owner.
Read moreChurch of Scientology to Sell City Headquarters
The on again – off again campaign to sell the Church of Scientology Melbourne headquarters at 42 Russell Street is on again, and it’s public.
Read moreGandel and Colonial Open $140 Million Wing of Chadstone Shopping Centre
Nine years after the Australian Catholic University sold its 4.9 hectare Chadstone campus to the Gandel Group, the shopping centre owner will launch its new $140 million Chadstone Place retail and office wing.
Read moreING to open Southern Star Observation Wheel in November
Premier Brumby TODAY (Monday, 27 October 2008) set the wheels in motion when he announced the opening program for the most anticipated Australian tourism attraction in decades the Southern Star observation wheel.
Read moreManagement Changes at Gray Johnson Real Estate
Management and ownership changes have taken place at 94-year old commercial and industrial agency Grayjohnson with current director Matt Hoath and incoming partner Daniel Cusack purchasing the equity in the firm from Malcolm Gray.
Read moreIP Australia Leases 1200 Square Metres in Richmond
Federal government agency IP Australia will lease 1200 square metres at building 10/658 Church Street in Richmond.
Read moreFree Sustainable House Tour Next Month
You can find out by joining the Building Display Centre and City of Yarra’s free Sustainable House Tour on Sunday November 9th 2008. Participants will be able to talk to the home owners and the designers, see them “walk the talk”, and find out about the lows and unexpected highs of trying to reduce the carbon footprint of your house.
Read moreDrapac to Sell Two More City Mazda Sites
Having sold two slices of the former City Mazda site last week, Drapac will sell the biggest site in its five-lot subdivision and is expected to reap more than $15 million.
Read moreRedback Brewery Hotel to be Demolished and Rebuilt as Student Accommodation
North Melbourne’s iconic Redback Brewery Hotel will be demolished, and rebuilt as student apartments, if plans by the building’s owner are approved by council.
Read moreAshington unveils $150m Stonington Malvern redevelopment
Boutique builder Ashington has unveiled a $150 million redevelopment of the Glenferrie Road property it acquired from Deakin University two
Read moreTownhouses on Melbourne’s Most Expensive Western Suburb Street Sell
Three townhouses on the street often dubbed the most expensive west of the Yarra River, sold this week after being repossessed by Westpac bank.
Read moreJLL Agent Deals
It might have been corporate training that drove Jones Lang LaSalle city fringe office leasing manager Matt Collins to "deal" at Channel Seven’s "Deal-a-drome" recently. But in the end, he really shouldn’t have.
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