Commercial and residential property news
Soon you might be able to get a drink around the Collingwood Children’s Farm – which is actually in Abbotsford. The owners of The Farm Café, which serves customers from a café off the Main Yarra Trail, and also a kiosk accessed from the Collingwood Children’s Farm, are seeking permission from the City of Yarra
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Former Collingwood ruckman turned property developer Vaughan Ellis, with his wife, Sue (pictured), are selling their hilltop Red Hill estate, Maison de la Mer, which they built “sparing no expense” 10 years ago. Described as one of the Mornington Peninsula’s finest holdings, the six acre property at 60 Sheehans Road is expected to sell for
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A Collingwood church marketed to commercial users or residential renovators five years ago – has been converted into one of Melbourne inner city’s most spectacular homes, and reoffered for between $5.8 million and $6.38 million – a price which, if achieved, is thought would set a suburban price record. The Courtyard House, as it is
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IT WILL be the end of an era in Port Melbourne next spring, when Circus Oz plans to cross town.
The unique business, one of only four in Australia supported as an ‘international company’ by both the state and federal governments – will relocate to a Skills Victoria owned site at 35 Johnston Street in the inner north-east suburb of Collingwood.
The circus’s outgoing Port Melbourne headquarters at 40 Bay Street is on crown land but may be sold down the track, as it fills a major gap separating the popular retail strip, from the beach.
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SOON, Melbourne’s eyesore commission flat towers might not be the tallest buildings within their suburbs.
Far from being daunted by new planning minister Matthew Guy shredding of the Brumby government’s problematic Melbourne 2030 planning policy (which he argued in Opposition treated metropolitan Melbourne like one giant development zone), residential developers are still proposing big, bold buildings. This is despite Melbourne planning being a relative state of limbo until a new planning strategy is formulated.
This time, in Magpie land and near the Victoria Park stadium (pictured) and train station, a proposal has been lodged to build a 204-unit residential village with ground floor shops and a 17-level tower.
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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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Design details of Victoria’s biggest vertical public school – earmarked for part of the Fitzroy Gasworks site in Melbourne’s inner north east – have been revealed. Known in planning circles by the interim name of Fitzroy Gasworks Senior Campus, the Fitzroy North facility will be utilised by students from both Fitzroy High School and Collingwood
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The investor who picked up an under-utilised Melbourne CBD apartment building on a one per cent yield in 2017 is ready to cash in after adding substantial value to the airspace. Dysin Investment Partners can expect more than $8 million for 21-23 Anthony Street which was listed for sale this week as a development site,
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Pace Development Group has applied to demolish a row of Fitzroy warehouses, including the former Mark Tuckey furniture store, and construct a 12-storey mixed-use complex with basement car park. The builder, directed by Shane Wilkinson, paid $20 million last July for the 2437 square metre corner site encompassing 223-231 Johnston Street and 369 Gore Street
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Collective Capital has spent c$20 million on a low-rise office on a big block in central Frankston – a bayside activity centre 41 kilometres south east of Melbourne. The quoted net annual income for 454-472 Nepean Highway is $1.24m. Factoring in its 22 per cent vacant, the passing yield is approximately 6.2pc. The off-market deal
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Pace Development Group intends to build a high-end office on part of an east Melbourne site once controlled by Lexus of Blackburn and well before that, cordial maker Cottee’s General Foods. At 160 Whitehorse Road, Blackburn, the proposed six-level complex will contain 8,318 square metres of area. The average office floor-plate will be 1200 sqm
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Cafes and restaurants seeking to increase output since social distancing measures created a boom in the online space are driving leasing demand for industrial properties which can be fitted out as dark kitchens – a low-cost alternative to a venue with dining spaces. Some of these spaces service between 20-30 hospitality brands, CBRE said in
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Cabrini Hospital has sold a 1970s block of flats listed in the week Australia’s social distancing measures were introduced. The double storey complex in Melbourne’s exclusive Glen Iris traded for $3.32 million following an auction-converted-expressions of interest campaign. Aston Commercial’s Liam Rafferty said 10 written offers came in for 147 Tooronga Road – the agent
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EXCLUSIVE Fred IT Group – which designs and develops technologies for professionals and businesses in the healthcare sector – is moving headquarters within Melbourne’s inner north east Abbotsford. The 28 year old enterprise has pre-committed to 2421 square metres at Craftworks, a prime quality office set to be developed at 20-30 Mollison Street on the
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After six months, retired AFL sportsman Chris Tarrant and his wife, Lauren, an interior designer, have flipped another renovated Toorak home. The property, 17 Glen Road, is the pair’s sixth refurbishment project. It carried a price guide of $4.9-$5.2 million when it was listed. The couple paid $3.665 million in May, 2018. The former sportsman
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Pace Development Group has sold a strata retail investment on the ground floor of its recently completed St Crispin apartment complex in Abbotsford. The 250 square metre space, 249 Johnston Street, traded for $2.11 million to a South Australian. Leased to bottle shop Blackhearts and Sparrows for 10 years with fixed annual rises, the result
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