Hawthorn Coles sells at record low yield
A syndicate has sold a Coles backed supermarket, in Hawthorn, after 37 years. The $24.5 million price for 689-699 Glenferrie
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Eastern suburb supermarket fetches $29.3m
A supermarket in the heart of a Blackburn South retail strip has sold for $29.3 million reflecting a 2.46 per
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APH moves forward with hotels at Box Hill, Hawthorn
APH will replace its Hawthorn headquarters with a seven storey hotel after securing a pre-commitment from Accor. The 87 room
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Bentleigh East bowls club for sale
South Oakleigh Bowls Club is selling its prime Bentleigh East site after winding up. The 5145 square metre parcel at
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Compass leases standalone Hawthorn HQ
Education industry technology firm Compass has leased Owens-Illinois’ former Asia Pacific headquarters, in Hawthorn – or West Hawthorn to some.
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Ralph Carr sells grand Hawthorn mansion
EXCLUSIVE Ralph Carr (pictured, right) has finally found a buyer for his Hawthorn mansion. The grand Victorian at 26 Shakespeare
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Hawthorn office sells for near-$9 million: sources
EXCLUSIVE A Melbourne investor is speculated to be paying close to $8.8 million for a renovated Hawthorn office on a
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Record-breaking East Melbourne apartment discounted $10 million
The price of the East Melbourne apartment which hit the market in May asking $46 million has been substantially revised.
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East Melbourne apartment for sale at $46 million: a state record
EXCLUSIVE An East Melbourne property would become the priciest apartment sold in Victoria if it achieves its $46 million asking
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Sector Property Group acquires another eastern Melbourne site for self-storage and office-warehouse project
One of the country’s biggest self-storage and small warehouse providers has acquired a development site in Ringwood. Sector Property Group
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Max Gawn’s East End Wine Bar opens near Camberwell Junction
The Hawthorn East wine bar co-owned by AFL sportsman Max Gawn opens today. East End Wine Bar fills part of
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LYZ sells Hawthorn investment with development upside for $25 million
An investment property with development upside in the eastern Melbourne suburb of Hawthorn has sold for $25 million – a
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Hawthorn’s historic Cibneys Buildings sells for c$5.4 million
The historic Cibneys Buildings, in Melbourne’s blue-ribbon suburb of Hawthorn, has sold to an investor for a speculated price of
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Inner-east Melbourne block sells for $7.1 million following a campaign targeting office developers
Four neighbouring terrace homes, wedged between commercial buildings in Stephenson Street, in the Richmond pocket known as Cremorne, sold for
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LYZ Property Group to flip enormous Hawthorn development site
LYZ Property Group is flipping a large corner block in Hawthorn – one of Melbourne’s blue ribbon suburbs. The 2593
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Hawthorn FC Executive Stuart Fox to Sell Gherang Estate
HAWTHORN Football Club chief executive Stuart Fox, and wife Sybella, are selling the Wirraminna farm they acquired in 2002 in Gherang, via Moriac – some 10 minutes north east of Anglesea, and 15 minutes east of Torquay.
Translated as “peaceful beside the water”, Wirraminna spreads over two hectares and includes three rainwater tanks, two paddocks and a dam which could accommodate horses or cattle.
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Gillon Group Acquires Brighton East Supersite
BAYSIDE developer Gillon Group has quietly acquired a supersite at one of the south-eastern suburb’s busiest corners.
Gillon has negotiated with residential home owners, commercial property owners, VicRoads and the council to amalgamate some seven Brighton East lots into a 7500 square metre development site. At the north-west corner of Nepean Highway and South Road, the site incorporates Barr Street, and former public land.
It plans to rebuild the site – opposite the Kingston City Hall and Moorabbin train station – into a $100 million-plus mixed-use village with around 200 apartments in what could be a seven level tower.
Gillon has not disclosed the price it paid to buy and amalgamate the sites. Local agent sources however value the land at about $2000 per square metre, meaning Gillon’s block could fetch about $15 million if onsold.
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Arthouse Cinema Coming to Hawthorn
TRAFFIC in busy Glenferrie Road looks set to intensify if the Boroondara council approves an application to redevelop a dank, part-vacant arcade into a new shopping centre, topped by a 1050 seat arthouse theatre and a 100-seat rooftop cinema.
Independent theatre operator Eddie Tamir has applied to rebuild The Glen arcade at 673 – 681 Glenferrie Road, Hawthorn, with The Lido, a new ITN Architects designed cinema complex.
Tamir owns Belgrave’s Cameo Cinema and is a co-owner of renovated movie house The Classic, in Elsternwick.
With his father David, who owns Prahran’s Station Hotel and the Argo, in South Yarra, Eddie paid $15 million for the double-storey Hawthorn facility last August.
Read moreSite on Busy Hawthorn Intersection Sells For $11.2 Million
A FIRST-time property investor has paid $11.2 million for an office building at one of the south-eastern suburbs busiest intersections.
The two-level office sits on a 2439 square metre block at the corner of Auburn and Toorak roads, and is prominent around the busy Citylink freeway junction – which is also the suburb border for Malvern, Hawthorn, Hawthorn East and Glen Iris.
The building, with a street address of 461 – 465 Auburn Road, Hawthorn East, is leased for about four more years, but offers redevelopment potential, being in a pocket of the south-eastern suburbs that is seeing higher density redevelopment.
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Clinton Casey’s Outgoing Avon Court Mansion, Hawthorn, Expected to Set New Price Record
FORMER Richmond Football club president Clinton Casey can expect to make about $16 million from the sale of his Avon Court mansion, in Melbourne’s ritzy eastern suburb of Hawthorn – setting a new price record for the suburb.
The 4,645 square metre estate includes a 4-storey historic and heritage protected mansion, swimming pool and tennis court.
Mr Casey paid $5.7 million for the property in 2003 before undertaking a major renovation.
Read moreAmcor to Lease More Space at Vantage, Hawthorn
AMCOR will increase the amount of office space it occupies at Hawthorn’s prominent 109 Burwood Road office.
The packaging giant will lease another 750 square metres of ground floor space on the ground floor of the near-new Vantage office building, on the north-east corner of Power Street.
Mirvac Abandons Plans to Build $120 Million Office in Hawthorn, Puts Site on the Market
MIRVAC has abandoned plans to build a $120 million office building in Burwood Road, Hawthorn, in Melbourne’s leafy eastern suburbs.
The Sydney-based developer has decided to sell the 5,000 square metre development site, months after obtaining VCAT approval to build a 5-level, 18,800 square metre office, with 557 car parks.
Mirvac can expect to make about $12 million for the 291 – 311 Burwood Road site.
Lonely Planet Building in Hawthorn Fully Leased Again
The old Lonely Planet building in Hawthorn is fully leased again, after business information service provider Reed Construction Data, and BP distributor Reliance Petroleum leased a combined 1064 square metres of space at the building.
Read moreMore Office Leasing in Hawthorn
Tenants wanting to lease more than 1000 square metres of space in Hawthorn may be forced to look at the plethora of new office buildings under construction, after a string of leases soaks up what limited existing office space is left in the eastern suburb.
Read moreAmcor has Hawthorn Office in Box Seat
THE packaging company that colluded with Melbourne billionaire Richard Pratt’s Visy group to fix prices is looking for new offices.
Read moreFormer home of Sir Owen Dixon Subdivided, Offered For Sale
ANOTHER block of land in Hawthorn East’s ritzy Harcourt precinct has been sliced and diced.
This time, at 4 Higham Road, an estate that was formerly home to Hawthorn born chief justice of Australia Sir Owen Dixon has been split into nine blocks.
Two of the blocks measuring 615 square metres have now been listed for sale with an asking price of $1.4 million. The vendor is esteemed senior counsel John H Karkar QC.
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United Petroleum founders behind ex-Target store deal
A company once controlled by United Petroleum co-founders Eddie Hirsch and Avi Silver has sold Colac’s ex-Target store. Now a
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Telstra sells historic Melbourne post office to developer
Up Property has bought one of the highest character commercial properties in Armadale – where it is headquartered – as
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Cabrini arm consolidates Melbourne accommodation
EXCLUSIVE Cabrini Healthcare, which has a significant technology arm behind several brands, will consolidate its Assistive Living Technologies & Equipment
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Garda sells final Melbourne office
Garda Property Group has sold its last Melbourne office as it seeks to become an industrial focused landlord. The ASX-listed
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