Australian Real Estate News
THE Victorian Aboriginal Community Controlled Health Organisation Inc has paid $4.45 million for an office in Collingwood, in Melbourne’s inner north-east. VACCHO will owner occupy the building at 17 – 23 Sackville Street. The private sale was negotiated by Teska Carson. The vendor was Rainbow Display Systems.
Read moreTECHNICIANS, fit-out specialists and suburban leasing agents were burning the midnight-oil in Mulgrave, in the hours following a disastrous fire that almost gutted Silver Top Taxis’ Collingwood headquarters on Tuesday.
Within eight hours of the fire which destroyed Silver Top’s inner-city office and call centre, management was signing a six month lease for a 776 square metre building at Miles Street, an office and call centre until recently occupied by National Hearing.
Melbourne’s pub market will be tested again, with prominent Albert Park hangout The Beach Hotel up for sale, with a price of about $12 million.
Read moreFormer Collingwood champion Nathan Buckley surprised the 80-strong crowd at the launch of Colliers International’s new eastern office in Clayton this week by commenting on some of the misadventures of his former teammates this year.
Read moreCollingwood is one of Melbourne’s most affordable inner-city suburbs, and is wedged between the more expensive suburbs of Fitzroy to the west, Abbotsford to the east, Fitzroy North to the north and East Melbourne to the south.
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Sector Property Group has snapped up one of Huntingdale’s biggest commercial sites with plans to create a premium quality office and warehouse complex, which will be subdivided and offered for sale or lease. The first pieces of the former Acoustic Engineering Services (AES) headquarters at 26-28 Hargreaves Street – two large and high-quality warehouses –
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Boutique hotelier Veriu has pre-committed to four venues on Australia’s east coast – a move which will grow its burgeoning portfolio by 235 rooms. With each development, the land-owner will cover hotel construction costs. Upon completion, in 2021, all will be leased long-term to Veriu for its Punthill brand. The landlords would then have the
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The St Kilda site which until 2017 accommodated the 164-year Greyhound Hotel sold to a developer for $6.25 million on Friday. It was offered by receiver KordaMentha, seeking to recover debts from the owner, Steller, which was put into receivership in July. Steller paid $7.5 million for the cleared St Kilda site at 1 Brighton
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Alcaston Gallery owners Beverly and Anthony Knight have sold the historic Fitzroy Victorian where they have lived and worked for near-20 years. The triple storey terrace at 11 Brunswick Street (pictured, top and below), with 469 square metres of area, traded for $5.1 million. On a 369 sqm Mixed Use zoned plot, the rear of
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CHT Architects director David Carabott has launched a leasing campaign for an eight storey office, set to replace an Abbotsford warehouse once occupied by Rove McManus’ Roving Enterprises. Craftworks, as it will be known, will rise at 20-30 Mollison Street, at the north east corner of tree-lined Nicholson Street, about three kilometres from the CBD.
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Retired AFL star Chris Tarrant (pictured, right, with Lance ‘Buddy’ Franklin) has listed a Toorak mini-manor following an opulent renovation. The Glen Road home cost Mr Tarrant and his interior designer wife, Lauren, $3.665 million last May – as their sixth renovation rescue project. The couple are hoping to achieve between $4.9-$5.2 million for it
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CBRE has acquired Australian project management company Montlaur Project Services Pty Ltd. Active in the aged care, commercial, government, health, hospitality, industrial, residential and retail sectors – Montlaur has delivered more than 2.5 million square metres of projects, with an end worth over $4 billion, since establishing in 1988. Its clients have included Transurban, SEEK,
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Beds, couches, ironing boards, lamps, alarm clocks and several smaller items, left at the Mercure Melbourne Treasury Gardens Hotel, which closed last month, are being donated by the site’s new owner. Cbus Property said its gift to The Salvation Army is anticipated to be one of the largest corporate contributions in Victoria this year. The
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EXCLUSIVE Up Property has sold a strategic Dandenong investment with development potential to an offshore buyer. The 2.05 hectare holding at 7-29 Gladstone Road (pictured, top and below, outlined) is trading for $14.75 million following an off-market negotiation by Knight Frank’s Gab Pascuzzi and Scott Braithwaite. Currently configured for manufacturing and warehousing, the property is
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A historic Clifton Hill property once owned by the Department of Defence is available for sale as a commercial or residential development play. At 24-28 Groom Street, the three-level red brick building sits on a 340 sqm plot with seven off-street car parks. The vendor recently stripped out a commercial fit out. GrayJohnson marketing agent
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One of Australia’s newest property advisories has chosen Bendigo for its third office. Patrick Leo is headquartered in Potts Point, Sydney, and has an agency in Collingwood, in inner north-east Melbourne. The property business is affiliated with mortgage broker Sami L Home Loans and planning company Sami L Advisory. Patrick Leo also offers property management,
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Up Property has unveiled plans for a five-level office in central Geelong,. The commercial building, approved in May, will extend the double-storey Belcher Arcade – which Up Property acquired for $2.8 million in 2017. Until recently, the proposed office was to be known as Belcher & Co . However a leasing campaign launched this week
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Co-working space provider The Commons – which last year attracted the financial backing of the Lee family’s Riverlee – is opening its first facility in the Melbourne CBD on July 22. The QV office will be The Commons’ fourth in Australia. Elsewhere in Melbourne, it operates from Collingwood and South Melbourne, and is later this
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Philanthropist Dr Leon Shapero (pictured, right) has listed a prominent super-clinic in Melbourne’s south-east growth corridor of Cranbourne North. Cranbourne Health, at 2 Woodbine Road, is the most substantial healthcare offering to hit the Victorian market in four years, according to CBRE marketing agents Sandro Peluso, Josh Twelftree and Jimmy Tat. It carries a price
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EXCLUSIVE United Petroleum co-founder Eddie Hirsch has engaged JLL as sole leasing agent for a proposed uber-green office in Abbotsford, about four kilometres north-east of the Melbourne CBD. The 10-storey building (artist’s impression, top) permitted for 218-228 Hoddle Street, on the north-east corner of Stafford Street, will contain 7000 square metres of lettable area and
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