Goldfields starts building 24-storey luxury office in South Yarra
Goldfields is replacing a small South Yarra office with a much bigger, luxurious one. By the end of 2021, the
Read moreGoldfields is replacing a small South Yarra office with a much bigger, luxurious one. By the end of 2021, the
Read moreCo-work space provider The Commons – which last year attracted the financial backing of the Lee family’s Riverlee – is
Read moreSeven years since 250 hectares of Fishermans Bend land was controversially rezoned Capital City by the former planning minister, Matthew
Read moreEXCLUSIVE Bill McNee’s Vicland Property Group has started constructing a major South Yarra office on a speculative basis. The nine-level,
Read moreDevelopers Gus Cooper and Michael Gannon have applied to replace one of Cremorne’s largest industrial properties with two offices and
Read moreA double-storey Richmond office sold in 2009 by former Victorian premier Jeff Kennett is set to be replaced with a
Read moreThe accounting firm directed by property investor Joseph Chahin will move headquarters from the Melbourne CBD to a standalone office
Read moreEXCLUSIVE Sony Music is the latest creative occupier to commit its local headquarters to Melbourne’s Richmond. The media and digital
Read moreThe size of South Yarra’s office market is set to almost double over the next four years. The prestigious suburb,
Read moreCostaFox has sold a 9.7 hectare industrial development site in Melbourne’s northern suburb of Epping for more than $20 million.
Read moreA partnership comprising German based funds manager GLL Real Estate Partners, with Sydney’s Marprop, is paying close to $65 million
Read moreA modern office marketed as a development site in Melbourne’s inner-east Richmond sold at auction last Friday for $5.4 million.
Read moreBlueprint Projects, a development partnership comprising former Collingwood footballer Paul Tuddenham, Antony Quinert and Magnus Floden, has commenced a marketing
Read moreFour months after it was reported that convenience retailer 7-Eleven was relocating to Melbourne’s inner-city, its long-time suburban headquarters, in
Read moreNewmark Capital has sold a multi-level car park abutting its Jam Factory shopping centre in South Yarra (pictured, left) to
Read moreAn investment with development potential in the precinct described as Melbourne’s Silicon Valley sold at auction yesterday for $8.66 million
Read moreTwo years after David Jones confirmed it would relocate its office headquarters from Sydney to Melbourne, the retailer is ready
Read moreThe Australian Education Union Victorian branch is selling one of two adjoining properties it owns on the banks of the
Read moreParis-based AXA Investment Managers is continuing a national real estate spending spree, entering due diligence to buy four hotels on
Read moreAnother Richmond warehouse with high-rise redevelopment potential has sold following a campaign contested by a mix of prospective buyers. The
Read moreRetired advertising veteran Harold Mitchell has sold a premium-grade South Melbourne office for $49 million – nearly 10 per cent
Read moreFour neighbouring terrace homes, wedged between commercial buildings in Stephenson Street, in the Richmond pocket known as Cremorne, sold for
Read morePrestige guest house Hyatt Centric plans to open its second Melbourne hotel, in South Yarra. The innkeeper has leased all
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AS TEACHERS and the cashed-up education unions bully for more pay, the cash-strapped Baillieu government has been forced to sell two prime assets including the landmark former Kangan TAFE in Gwynne Street Richmond, expected to one day make way for a $200-million plus mixed use village.
In a busy week for school sales and listings, the state has reaped $9.25 million for the 7637 square metre inner-east site which will cease operating as a Kangan next March.
The Business 1 zoned property (aerial pic, right) is heralded as the largest commercial development site to sell in Melbourne this year measured by value – but it’s estimated the property could have been worth more than $20 million should it have sold with a more flexible zoning allowing for residential redevelopment.
Read moreCharter Hall managed Diversified Property Fund will sell West Perth’s Spinifex House for $28.25 million to a syndicate. The price
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AHEAD of the federal government introducing new gaming regulations, retail giant Woolworths is believed to be in discussions with a burgeoning pub operator, to own a joint venture portfolio which would give it control of even more pokie machines.
It’s reported Woolworths has approached one of New South Wales largest publicans, the Laundy Hotel Group, which owns about 47 hotels and is considering proceeding with a $330 million purchase of another 20 hotels being sold the National Leisure & Gaming and Redcape Property Fund.
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KEEPING it in the AFL family, a company chaired by former Melbourne Football Club president Paul Gardner has leased offices at a Richmond project being developed by the current president of the Geelong Football Club, Frank Costa.
Financial services group Grey Australia New Zealand, of which Mr Gardner is an executive, will lease 940 square metres, being the entire second level, at Mr Costa’s 4 – 12 Amsterdam Street development, at the Cremorne end of the trendy inner-city suburb.
Market rents at the new three-storey building are between $300 and $320 per square metre, per annum.
Read moreTHE Austfin Growth Property Syndicate No 1 is reported to have paid $10 million for the small office component of a mixed use development in Melbourne’s inner-eastern suburb of Richmond.
Austin has picked up level 1 and 2 of the 159 – 161 Cremorne Street building, which also includes ground floor retail space and a high rise apartment complex, above, branded ERA.
The 2,444 square metre office component is leased to New York-headquartered John Wiley & Sons, which pay a current annual rent of $846,241 per annum. Based on the selling price, the building is reported to have sold on a yield of 8.46 per cent.
Read moreCOLLINGWOOD-based developer Caydon is the mystery buyer to pay more than $12 million for a major Hawthorn development site, overlooking the Glenferrie Oval.
The collection of properties was offloaded by Mirvac, which had quietly spent several years amalgamating adjoining warehouses and offices between 291 and 311 Burwood Road, to create the 5,000 square metre super site.
Soon before listing the property for sale in August, the Victorian Civil and Administrative Tribunal granted Mirvac a permit to build a $120 million, 5-level office which at 18,800 square metres, would have been one of the biggest in the suburb.
RICHMOND’s tallest office building will be developed on a site at the busy onramp between Punt Road and the Monash Freeway.
The Victorian Civil and Administrative Tribunal has given Melbourne-based developer Caydon the green light to build a nine-level office on the site of the former Viva Plastics warehouse, on the north-east corner of Harcourt Parade and Cremorne Street, next to the famous Nylex sign and silos.
Caydon paid $6.15 million for the prominent 3,050 square metre Richmond site last July.
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 moreMelbourne-based developer Caydon Property will build a $50 million mixed use building on the banks of the Yarra River, in Cremorne.
Read moreNow, when Paul Kelly looks over the bridge to the MCG, he’ll see a Nylex clock – and high rise apartments.
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