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News Victoria 

Cherry Bar to farewell AC/DC Lane after 20 years

March 26, 2019November 30, 2020 Marc Pallisco

Ending a 20 year era, live music venue Cherry Bar will cease trading from its understated site in AC/DC Lane

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News Victoria 

Hengyi pays $17.5m for waterfront hospital

March 25, 2019February 11, 2021 Marc Pallisco

Shanghai-backed developer Hengyi is paying Peninsula Health a speculated $17.5 million for a vacant hospital on a waterfront site in

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New South Wales News 

Oscar winner George Miller AO sells historic Potts Point theatre, The Metro, for $19.8 million

March 23, 2019March 23, 2019 Marc Pallisco

ASX-listed Abacus Property Group has paid Oscar winning film director George Miller AO (pictured, left) $19.8 million for historic theatre,

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News Victoria 

GPT Wholesale Office Fund seizes full control of Southbank office following $342 million bid

March 21, 2019March 21, 2019 Marc Pallisco

Frasers Property Australia has sold a half share interest in a Melbourne city-fringe office building to co-owner, the GPT Wholesale

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News Queensland 

The University of Queensland pays $19 million for vacant suburban Brisbane office

March 15, 2019April 11, 2019 Marc Pallisco

The University of Queensland is paying a speculated $19.3 million for a recently vacated office near its 114-hectare St Lucia

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News Victoria 

Prince Corporation snares permit-ready Kew Junction block

March 15, 2019March 15, 2019 Marc Pallisco

Melbourne apartment builder Prince Corporation has acquired a development site near the Kew Junction, permit-ready for a nine-story residential building.

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News Victoria 

Australia’s biggest Officeworks to open

March 14, 2019February 20, 2021 Marc Pallisco

Australia’s biggest Officeworks is set to open in Melbourne’s Mentone. The stationery store is built into a showroom built in

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News Victoria 

Harvey Norman leases second Richmond site

March 8, 2019September 24, 2021 Marc Pallisco

Harvey Norman has leased a second commercial property in Melbourne’s inner-east Richmond. The retail giant will sub-rent 2100 square metres,

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News Victoria 

MS Limited to sell Blackburn Nerve Centre following move to Box Hill

March 1, 2019March 1, 2019 Marc Pallisco

Eight months after MS Limited paid $9.5 million for a new office opposite Box Hill Hospital, in Melbourne’s east, the

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News Victoria 

Wesfarmers sells Geelong’s redundant Target HQ to residential developer Leaf Corp for $10.6 million

January 23, 2019March 27, 2019 Marc Pallisco

Wesfarmers retail chain Target has sold its North Geelong headquarters of more than four decades for $10.6 million, with vacant

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News Victoria 

Vicinity Centres sells Keilor shopping centre to Fort Street Real Estate Capital for $113 million

December 20, 2018December 21, 2018 Marc Pallisco

Vicinity Centres has sold a shopping centre in Melbourne’s north-west for $113 million following an off-market campaign. The Keilor Central

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News Victoria 

Shire of Nillumbik sells Greensborough development site for $3.95 million

December 17, 2018December 18, 2018 Marc Pallisco

The Shire of Nillumbik is banking $3.95 million from the sale of a development site opposite the Diamond Valley Library.

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News Victoria 

CostaFox sells Epping industrial site to Time & Place Commercial for more than $20 million

December 17, 2018December 17, 2018 Marc Pallisco

CostaFox has sold a 9.7 hectare industrial development site in Melbourne’s northern suburb of Epping for more than $20 million.

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News Tasmania 

Hobart Officeworks sells to China-based investor for $11.725 million

December 14, 2018 Marc Pallisco

A Hobart CBD retail investment, occupied by Officeworks, has sold for $11.725 million to a buyer from mainland China. Based

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News Victoria 

Mickleham childcare centre sells for $6.35 million

December 14, 2018 Marc Pallisco

Another suburban Melbourne child care centre has sold for a multi-million dollar sum. This time, in the northern suburb of

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News Victoria 

Australian Securities Limited nearly doubles 2014 outlay selling Bentleigh office for $10.3 million

December 14, 2018 Marc Pallisco

Fund manager Australian Securities Limited has sold a suburban Melbourne office for $10.3 million – nearly doubling its 2014 outlay.

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News Office Victoria 

Government organisation signs major office lease

December 14, 2018March 28, 2025 Marc Pallisco

A recently formed federal government organisation has signed a major office rental agreement in Melbourne’s CBD. The 12 year deal

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News Victoria 

GLL Real Estate and Marprop buy 541 St Kilda Road for c$65 million

December 13, 2018December 13, 2018 Marc Pallisco

A partnership comprising German based funds manager GLL Real Estate Partners, with Sydney’s Marprop, is paying close to $65 million

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News Victoria 

Healthscope sells Kew’s former Cotham Private Hospital to apartment builder Hamton

December 13, 2018December 19, 2018 Marc Pallisco

ASX-listed Healthscope has sold the recently closed Cotham Private Hospital, in Melbourne’s blue-ribbon suburb of Kew. The sale price is

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News Victoria 

Off-market deal sees owner-occupier buy Altona factory for $18 million

December 12, 2018 Marc Pallisco

An owner-occupier in the furniture storage business is paying $18 million for a warehouse on an enormous block, in Altona,

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News Victoria 

Melbourne school with Scientology links selling part of campus

December 11, 2018 Marc Pallisco

The Yarralinda Primary School and Early Learning Centre in Mooroolbark can expect to bank more than $1.05 million from the

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New South Wales News 

Castlerock sells Wollongong office for $50.4 million

December 11, 2018August 20, 2022 Marc Pallisco

A trophy Wollongong asset has sold for $50.38 million making it the precinct’s priciest office deal. Melbourne-based Castlerock was the

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New South Wales News 

Markham pays LaSalle Investment Managers $125.5 million for King Street Wharf complex

December 5, 2018 Marc Pallisco

LaSalle Investment Managers has sold the King Street Wharf restaurant precinct, on Sydney’s Darling Harbour, for $125.5 million. The venue

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News Victoria 

Paul Olynyk sells leasehold of Richmond hotel Royal Saxon

December 4, 2018April 13, 2019 Marc Pallisco

A South Australian hospitality group seeking to establish in Melbourne has acquired one of the inner-city’s most popular hotels from

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New South Wales News 

Owner-occupier pays $8.5 million for Marrickville industrial site

December 4, 2018December 4, 2018 Marc Pallisco

A multi-use food facility in Marrickville, seven kilometres south-west of the Sydney CBD, has traded to an owner-occupier. The sale

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News Victoria 

Longevity Group Australia sells Richmond office for $5.4 million

December 4, 2018December 5, 2018 Marc Pallisco

A modern office marketed as a development site in Melbourne’s inner-east Richmond sold at auction last Friday for $5.4 million.

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News Victoria 

Wuzhong International launches first Australian residential project, in Melbourne

December 4, 2018December 4, 2018 Marc Pallisco

Nearly two years after the Victorian Civil and Administrative Tribunal granted Wuzhong International (Australia) permission to replace an inner-south Melbourne

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News Victoria 

Vacant Balwyn office fetches $6.6 million

December 3, 2018 Marc Pallisco

A vacant office within a popular Balwyn retail strip sold this week for $6.58 million. The incoming owner of 317-321

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News 

Richmond’s DT’s Hotel sells for $2.25 million

December 3, 2018December 3, 2018 Marc Pallisco

Melbourne pub DT’s Hotel, in Richmond, sold at auction last Friday for $2.25 million. The historic two-level building at 164

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News Victoria 

Hub Australia arrives in Brisbane

December 3, 2018December 3, 2018 Marc Pallisco

Hub Australia, the country’s largest locally owned co-workspace provider, has opened the doors to its first site in Brisbane. Hub

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News Victoria 

Liberal Party sells HQ to Rolex

November 29, 2018February 20, 2021 Marc Pallisco

The Liberal Party’s Victorian division has sold its Melbourne headquarters to luxury watch retailer Rolex for $37.1 million. Centenary Hall

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News Victoria 

Royal Antediluvian Order of Buffaloes pays $1.6 million for prominent Caulfield South HQ

November 28, 2018 Marc Pallisco

The Australian order of the Royal Antediluvian Order of Buffaloes (RAOB) has paid $1.6 million for a new headquarters at a

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News Victoria 

Popular doctor sells landmark farms in Glenhope and Mia Mia

November 27, 2018November 27, 2018 Marc Pallisco

Well known general practitioner Dr John Bongiorno, who until recently reaching retiring age, operated from Richmond’s Bridge Road for many

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News 

Stan Perron AM dies aged 96

November 23, 2018November 24, 2018 Marc Pallisco

Perth-based billionaire and philanthropist Stan Perron died this morning, aged 96. The founder and chairman of property-focussed investment house Perron

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New South Wales News Queensland Victoria Western Australia 

Nationwide Towing & Transport founders list a national portfolio of four industrial investments

November 23, 2018August 3, 2020 Marc Pallisco

The founders of Nationwide Towing & Transport, a company now majority-owned by the RACV, are selling a portfolio of four

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News Victoria 

NZ fireplace provider chooses Melbourne as a base for its entry into the Australian market

November 23, 2018November 23, 2018 Marc Pallisco

Major New Zealand retailer Stoke Fireplace Studio has leased a Melbourne property as a base for its entry into the

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News Victoria 

Historic building in Melbourne’s Chinatown sells for $6.9 million

November 23, 2018November 23, 2018 Marc Pallisco

A historic three-level building in Chinatown, in the Melbourne CBD, sold for $6.9 million at auction yesterday. It was the

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News Victoria 

Schot family sells redundant Clifton Hill warehouse

November 23, 2018 Marc Pallisco

The Schot family has sold a Clifton Hill warehouse occupied for its Schots Home Emporium business, for a speculated price

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News Victoria 

Telstra offers strategic Bulla site

November 23, 2018 Marc Pallisco

Telstra is selling a development site in central Bulla, about seven kilometres west of Melbourne Airport. Zoned Township, the property

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News Victoria 

Camberwell’s Sofia restaurant earmarked for an eight-storey apartment building

November 22, 2018 Marc Pallisco

An application is being reviewed to build an apartment tower on two neighbouring Camberwell sites – including the suburb’s famous

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News Victoria 

George Saade lists Moonee Ponds’ Phillips Arcade

November 22, 2018November 23, 2018 Marc Pallisco

Melbourne developer George Saade has listed for sale one of Moonee Ponds’ most prominent sites in the week a state

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News Victoria 

Record price paid for development site in bohemian Balaclava

November 22, 2018 Marc Pallisco

A commercial investment with enormous development upside in the bohemian St Kilda East pocket of Balaclava has sold for $9.05

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News Victoria 

Baptcare acquires three Gippsland centres

November 22, 2018February 10, 2021 Marc Pallisco

Baptcare has acquired three aged care investments in Victoria’s Gippsland region from Alliance Care Services Group. The deals, for Abbey

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News Victoria 

Tim Gurner spends $10 million on fourth South Melbourne site

November 22, 2018November 23, 2018 Marc Pallisco

Tim Gurner has spent about $10 million to snap up his fourth South Melbourne development site since 2016. The 1531

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New South Wales News 

Swarovski Group lists Sydney industrial property

November 20, 2018 Marc Pallisco

High end jeweller Swarovski Group is selling an industrial building in Sydney’s west. The freestanding A-grade office/warehouse at 9 Tarlington

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News Victoria 

West Melbourne’s Festival Hall granted heritage protection

November 23, 2018 Marc Pallisco

The Heritage Council of Victoria has deemed West Melbourne’s Festival Hall as worthy of permanent heritage protection. Following a hearing

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A.C.T. News 

Uniting Church pays $8.155 million for Canberra’s Woden Centre

November 20, 2018 Marc Pallisco

The Uniting Church of Australia has paid $8.155 million for The Woden Centre in Canberra. The four-level complex, once known

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New South Wales News 

Australian Unity sells Rockdale bulky goods investment for $22 million

November 20, 2018 Marc Pallisco

Australian Unity has sold a bulky goods investment in Sydney’s Rockdale for $22 million. The sale price is well over

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News Victoria 

Tax office quietly lists former gangland matriarch home

November 20, 2018 Marc Pallisco

The Australian Taxation Office is selling an Essendon house once occupied by the late mother and ex-wife of gangland identity

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News Victoria 

GPT sells Highpoint Homemaker Centre for $80.5 million

November 19, 2018May 21, 2019 Marc Pallisco

GPT has sold the Highpoint Homemaker Centre for $80.5 million. The 21,268 square metre complex at 179 Rosamond Road replaced

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New South Wales News 

Industrial developer pays $61 million for Wetherill Park property

November 22, 2018 Marc Pallisco

An industrial property on 8.6 hectares of land in Sydney’s Wetherill Park has sold off-market for $61 million. The property,

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News Victoria 

Tiffany & Co opens first Australian pop-up store, at Emporium Melbourne

November 16, 2018March 26, 2019 Marc Pallisco

High end accessory retailer Tiffany & Co has opened its first Australian pop-up store, in Melbourne. The 85 square metre

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News Victoria 

MAB Corporation unveils final stage of its NewQuay precinct in Docklands.

November 16, 2018November 29, 2018 Marc Pallisco

After more than 20 years, MAB Corporation has entered the final stretch of its redevelopment of the Docklands precinct known

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News Victoria 

Nationwide Towing & Transport founders to sell Melbourne Impound Yard, in Collingwood

November 16, 2018November 23, 2018 Marc Pallisco

An inner-Melbourne site known to a select few unlucky occupants has hit the market. The Melbourne Impound Yard at 34

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News Victoria 

Child-care centre deals worth $10.7 million sealed in Melbourne this week

November 16, 2018November 19, 2018 Marc Pallisco

Two child-care related deals were sealed in Melbourne this week. In the north-eastern suburb of Greensborough, the St Helena Early

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News Victoria 

Engleharts list one of two Monomeath Ave homes

November 16, 2018February 15, 2021 Marc Pallisco

The founder and managing director of Englehart Homes, Ron Englehart, and his wife Fran, are selling one of their two

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News Victoria 

Block in Chapel Street, Windsor, sells for $5.1 million

November 16, 2018 Marc Pallisco

An investment with development upside in Melbourne’s trendy Windsor sold for $5.1 million this week. The property, 168 Chapel Street,

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News 

Administrators to close 57 Roger David stores within a month

November 20, 2018 Marc Pallisco

Fifty seven Roger David stores across the country will close by mid-December. Administrators for the menswear chain said no buyer

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New South Wales News 

NSW Aboriginal Land Council sells Parramatta office for $40.8 million

November 20, 2018November 20, 2018 Marc Pallisco

Roxy Pacific Holdings and Tong Eng Group – both based in Singapore – have paid the New South Wales Aboriginal

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News Victoria 

Coles buys Surrey Hills property, opens it as nation’s first “small format” store

November 15, 2018November 16, 2018 Marc Pallisco

A Coles Local concept store more than two years in the making opened this week in Melbourne’s Surrey Hills. The

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News Victoria 

North Melbourne service station fetches $6.43 million from investor

November 16, 2018 Marc Pallisco

An investor has paid $6.43 million for a service station on Melbourne’s northern city fringe – bringing the value of

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News Victoria 

Former AFL footballer turned developer seeks occupiers for premium Camberwell Junction office

November 14, 2018November 14, 2018 Marc Pallisco

Blueprint Projects, a development partnership comprising former Collingwood footballer Paul Tuddenham, Antony Quinert and Magnus Floden, has commenced a marketing

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News Victoria 

Neighbour buys Dandenong South industrial site for $10 million

November 13, 2018November 14, 2018 Marc Pallisco

An owner-occupier has paid $10 million for an industrial property in Melbourne’s south-east. The office-warehouse at 96-108 Greens Road, Dandenong

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News Victoria 

Frasers Property pays $40 million for industrial site in Melbourne’s north

November 13, 2018November 13, 2018 Marc Pallisco

Frasers Property  is paying approximately $40 million for a high-profile industrial site in Melbourne’s north. The Epping property at 410

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News Victoria 

Oliver Hume flips historic West Melbourne warehouse permit-ready for a residential conversion

November 12, 2018November 14, 2018 Marc Pallisco

Oliver Hume is flipping a historic West Melbourne warehouse permit-ready for a residential conversion. The fund and real estate services

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News Victoria 

Yooralla puts Benalla Farm on the market

November 12, 2018November 12, 2018 Marc Pallisco

Community and disabled services organisation Yooralla is selling a property near central Benalla. The 16.19 hectare holding, Benalla Farm, was

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News Victoria 

Catch Group doubles occupancy at Chadstone

November 12, 2018November 12, 2018 Marc Pallisco

Four weeks after opening its first ever bricks-and-mortar superstore at Chadstone Shopping Centre, Catch Group, the owner of retailing website

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News Victoria 

Up Property pays more than $7 million for Geelong site

November 13, 2018November 13, 2018 Marc Pallisco

Up Property – led by dentist turned developer Adam Davidson – has paid more than $7 million for a commercial

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News Victoria 

South Yarra development site adjacent to train station sells for $5.1 million

November 9, 2018November 9, 2018 Marc Pallisco

A Melbourne investor has paid $5.1 million for a South Yarra building block opposite the high-density Forrest Hill precinct. The

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New South Wales News Victoria 

Charter Hall pays federal government $118.5 million for investments in Sydney, Melbourne

November 12, 2018November 12, 2018 Marc Pallisco

Acquisitive property giant Charter Hall has paid $118.5 million for two government-leased industrial investments on Australia’s east coast. The detector

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News Victoria 

Woolworths set for $50 million payday offloading Mernda Town Centre

November 9, 2018April 29, 2020 Marc Pallisco

Postscript: this site sold to Land Capital in January, 2019, for $51.5 million. Woolworths Limited is selling a strategic development

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News Victoria 

Two iconic Melbourne pubs listed this week targeting investors, developers

November 8, 2018December 3, 2018 Marc Pallisco

Two historic Melbourne hotels hit the market this week. In Collingwood, the Leinster Arms at 66 Gold Street is being

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News Victoria 

State government lists former Mt Eliza hospital – again

November 6, 2018June 21, 2019 Marc Pallisco

Postscript: this asset sold. Read our story about it from March, 2019, here. Victoria’s Department of Health and Human Services

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News Queensland 

QIC sells Brisbane CBD office for $275 million

November 13, 2018 Marc Pallisco

QIC Global Real Estate has sold an office in Brisbane’s Central Business District to Charter Hall Direct Office Fund for

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News Victoria 

Caltex Australia sells two Melbourne service stations for a total of $7.8 million

November 6, 2018 Marc Pallisco

ASX-listed petrol giant Caltex Australia has sold two Melbourne service stations for a total of $7.8 million. In the biggest

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New South Wales News Queensland 

Charter Hall sells two retail assets for a total of $76.1 million

November 12, 2018November 13, 2018 Marc Pallisco

Charter Hall Retail REIT has sold the Coomera Square shopping centre in Queensland and a freestanding Woolworths-leased supermarket in New

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News Victoria 

ISPT acquires three Melbourne CBD sites from Victoria University with plans for a 32-level campus

November 2, 2018November 2, 2018 Marc Pallisco

Industry Superannuation Property Trust will acquire three Melbourne CBD sites from Victoria University and build a 32-level vertical campus which

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News Victoria 

Derrimut industrial investment fetches c$11.4 million

November 2, 2018November 10, 2023 Marc Pallisco

A Melbourne industrial property offloaded in 2014 by Alan Jolly and Graham Stewart, who two years earlier sold their Australian

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News Victoria 

Soon-to-be-vacated 7-Eleven HQ in Mount Waverley listed for sale

November 2, 2018July 9, 2019 Marc Pallisco

Four months after it was reported that convenience retailer 7-Eleven was relocating to Melbourne’s inner-city, its long-time suburban headquarters, in

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News Victoria 

Beville Group sells 509 St Kilda Road for $163 million

November 6, 2018 Marc Pallisco

Developer and shopping centre owner John Beville has sold a Melbourne city fringe office for $163 million – almost twice

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