Cadence spends $14m on former Spotswood animal quarantine station
EXCLUSIVE Charlie Buxton’s Cadence Property Group has purchased the Spotswood Animal Quarantine Station for $14 million. The 3.8 hectare site
Read moreEXCLUSIVE Charlie Buxton’s Cadence Property Group has purchased the Spotswood Animal Quarantine Station for $14 million. The 3.8 hectare site
Read moreAPN Convenience Retail REIT (AQR) has paid $10.5 million for the Brisbane Airport Link service centre, in Hendra. The deal
Read moreThree east coast service station investments sold on Wednesday while last week, a developer purchased a redundant one on a
Read moreTasman Logistics Services has rented an industrial property on land forming almost a fifth of the proposed $2 billion Yarraville
Read moreEXCLUSIVE EG has paid $19.25 million for a Rosebery commercial building which will be added to its High Income Sustainable
Read moreFive weeks after Australian Unity vacated its long-time South Melbourne headquarters – an office it plans to redevelop as a
Read moreThe Royal District Nursing Service is the latest not-for-profit vendor set to benefit from a recent surge in Box Hill
Read moreThe Collingwood home of alternative radio station Progressive Broadcasting Service – or PBS – will be auctioned next month. The
Read moreSouth Korea’s National Pension Service is offering for sale what could be only the fourth Melbourne CBD holding to sell
Read moreAFTER canning plans to develop a ritzy hotel, local development family the Deague’s are selling a petrol station-turned residential development site in Prahran.
The small site, at the south-west corner of High and Thomas streets, is opposite Swinburne University’s Prahran campus, and walking distance to retail mecca Chapel Street – which commands the highest retail rents of any inner-city shopping strip.
The Deagues purchased the 118 High Street site about four years ago with plans to build a hotel, the Larwill, as part of its “art” series chain.
However, like many projects by the Deague family’s Asian Pacific Building Corporation, it’s been canned. The site is expected to sell at a premium given it now has a permit – prompting speculation the wealthy family is property speculating.
PLANS to unveil a $100 million underground rail line that would better link the Melbourne CBD to the northern and western suburbs, were unveiled today by the State government.
The new line will link Flinders Street and Melbourne Central stations to a new underground station at Parkville, which will serve hospitals and the University of Melbourne. A train link will also go to Footscray, which has been earmarked as the possible stop for an Airport-to-city link, using an industrial-only train line that extends from near Tullamarine, to St Albans.
Below is the State Government statement about the proposal:
Read moreHAWTHORN’S former police station and courthouse will be developed into a luxury hotel, after the Victorian Civil and Administrative Tribunal gave the Deague family’s Asian Pacific Building Corporation the go-ahead to build the controversial project.
Read moreProfessional services firm GHD has delivered a proposal for an emission-free office building, to be developed on top of the busy Richmond train station, in Melbourne’s inner-east.
Read moreUS retail giant Costco – reportedly the world’s eighth largest retailer – is looking to enter the lucrative Australian petrol market.
Following in the footsteps of local rivals Woolworths, and the Wesfarmers backed Coles, Costco has applied to build service stations at as-yet-undeveloped stores in Sydney and Brisbane.
The retailer reportedly sold 8.7 billion litres of fuel at its 500+ US stores in 2010.
Read moreHARDWARE giant Bunnings is believed to have paid about $25 million for a collection of adjoining sites abutting a major entrance of Westfield Doncaster shopping centre, about 14 kilometres east of town.
The ASX listed company is planning to build a warehouse on the 1.1 hectare supersite though a permit request has not yet been lodged with council.
Bunning’s parcel includes a 5250 square metre former service station site at 659 – 667 Doncaster Road which was until recently earmarked to become a major apartment tower. It also acquired the site next door, a 7-Eleven convenience store, at 669 – 671 Doncaster Road at the north-west corner of Council Street.
Read moreA PRAHRAN petrol station that was to be redeveloped as a ritzy hotel has sold to developers which plan to rebuild the site as a conventional apartment complex.
The 118 – 126 High Street property, on the south-west corner of Thomas Street and opposite Swinburne University, near Chapel Street, was offloaded by the Deague family’s Asian Pacific Building Corporation this week for $5.1 million.
APBC paid $10 million for the High Street service station, along with another Prahran site – a former Bob Jane T-Mart, at 160 Commercial Road – in late 2006.
It planned to build swank hotels on both sites to slot into its “art series” portfolio, which it has been developing over recent years.
Read moreWOOLWORTHS has launched a campaign to sell 31 Australian shopping centres and three development sites.
Most of the centres are anchored by Woolworths, as service stations, supermarkets, Big W, BWS and Dan Murphy liquor outlets.
Twenty of the assets have been developed already. Another 11 are under construction and three are blocks of land with permits and Woolworth related lease agreements in place.
Read moreA SITE at one of the busiest intersections of the north-eastern suburbs, looks set to be redeveloped at last.
Seven years since closing as a service station, a cleared site on the corner of Manningham and Thompsons roads, in Bulleen, has sold to a local developer for $1.85 million.
The 2180 square metre block was marketed with a permit for a four-level, 31 unit apartment complex with a two level basement car park.
Read moreUnited Petroleum founders Eddie Hirsch and Avi Silver have secured a high profile, two level office abutting the Monash Freeway/Toorak
Read moreUnited Petroleum founders Eddie Hirsch and Avi Silver have snapped up a 1.21 hectare corner site at Clyde North, 46
Read moreArise Developments has sold two new neighbouring convenience retail investments – part of a master-planned town centre in the Whiteman
Read moreLocal developer Solovey has bought a Casey site permit-ready for a low density residential project. The 2.92 hectare block, 4
Read moreThe Stevens Group has bought a development site in a $1.7 billion housing estate being delivered by Mirvac and Peet
Read moreConvenience store chain EG Group has sold the second of three service stations listed last month with leasebacks running until
Read moreMelbourne based Fawkner Properties has secured another interstate mall – this time in Queensland. The fund manager is paying Stockland
Read moreEXCLUSIVE Merri-bek City Council has quietly snapped up a prominent inner north Melbourne site until recently earmarked for a major
Read moreGoldfields has won permission to develop a town centre on a corner Tarneit site it picked up for $16 million
Read moreOreana has applied to develop a small shopping centre, gym, medical complex and 23 townhouses on a 1.4 hectare piece
Read moreTwo Tasmanian service stations sold to separate investors late last year. At Newnham, a northern suburb of Launceston, 7 George
Read moreMPG Funds Management has swooped on the new Dubbo Homemaker Centre, 300 kilometres north west of Sydney. The 3796 square
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