Lonely Planet Global Headquarters on the Market, Melbourne
TRILOGY Funds Management is expecting about $17 million from the sale of a riverside office asset occupied as the global headquarters of travel publisher Lonely Planet.
The prime located site at 90 Maribyrnong Street includes a 7293 square metre office, 86 car spaces, and will be sold with a new six year lease to Lonely Planet, which pays a current annual rent of $1.53 million.
Lonely Planet relocated to the converted Footscray building in 2000, from Hawthorn.
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AFTER sitting unoccupied for almost a decade, recently refurbished office space at Lonsdale Street’s historic Askew House has hit the market for rent.
FABRIC store retailer Lincraft has paid $6.5 million for an office warehouse building at Derrimut’s Gilbertson Industrial Estate.
AS PART of its push to ensure there is a 20 – 25 year supply of land available for residential development, the new state government’s development agency, VicUrban, has outmuscled developers for one of the western suburb’s most prominent future development sites.
SYDNEY-based billionaire property developer Lang Walker is hoping to achieve about $200 million from the sale of a near new shopping centre, in a near-new suburb, in Melbourne’s west.
DOCKLANDS next major skyscraper should start appearing on city skylines later this year.
REMEMBER when a walk around Balwyn North used to be an enchanting experience? When classic 50s, 60s and 70s family homes sat back on established manicured gardens, which at times meshed into the leafy streets? 
A SUBDIVIDED piece of Victorian history has quietly hit the market, in Sorrento.
THE new Victorian state government has significantly discounted liquor license renewal fees.
CHINA-based developers are swarming to redevelop Melbourne residential projects, with 11 projects, yielding some 3000 flats on the cards.
MELBOURNE’s next major shopping centre will be developed in Brunswick East, after a prominent 1.9 hectare factory, formerly occupied by Tontine Pillows, sold to developers.
APARTMENT construction at the bottom end of Albert Park Lake looks set to intensify with Deaf Children Australia listing major residential development site for sale, abutting Wesley College’s St Kilda Road campus.
IT’s the kind of development you’d expect to see approved in King Street, in the city.
MAB Corporation plans to build a $60 million business park at a prominent Port Melbourne site it bought last month from the redundant Brumby government (highlighted, red, right).
QUEEN Street’s historic Lombard Building, in Melbourne, sold to a private investor at auction earlier this month for $9 million.
AUSTRALIAN Unity has sold another Melbourne asset, this time in the bayside suburb of St Kilda.
IT MUST be with a great deal of despondency former members of the recently defunct Naval & Military Club “keep under surveillance” what is happening at their former headquarters, at 27 Little Collins Street, Melbourne.
CASHED-up design practice Metier3 is understood to have paid $25 million for a development site near the retail epicentre of Chapel Street and Toorak Road.
WILLIAMSTOWN’s contaminated gasometer site, south west of Melbourne, sold to a developer for a speculated $3.5 million before a scheduled auction, earlier this month.
CHEAP holiday makers will need to cross another caravan park off their wish-list, soon.
SEVEN months after paying the Church of Scientology $8.5 million for its long-time, outgoing, Melbourne CBD headquarters, Melbourne developer David Marriner has proposed a glass, 25-level hotel.
IN the 1990s, it was considered one of the outer eastern suburb’s ritziest hotels.
TWO of Australia’s largest conglomerates have quietly circulated industrial leasing requirements seeking new, supersized Melbourne factories.
FOR the moment, residents in Southbank’s most exclusive skyscrapers can relax knowing their million dollar city views are preserved.
AIRROAD Logistics will relocate its headquarters from Laverton North, to an as-yet-unbuilt 21,500 square metre office warehouse at the Paramount Industrial Estate, in nearby Derrimut, after signing a 10-year lease for an Elgar Road facility.
IT IS out with the old and in with the new at an increasing number of council planning meetings – with another site once earmarked to become a retirement village winding up in the hands of residential developers, which have had reconfigured projects approved.
GIVEN the increasing number of apartment dwellers calling Melbourne’s inner north home, a “direct” trip between the Tullamarine and Eastern freeways – via the zoo and cemetery – can now consume motorist’s an hour, or more, largely because of amplified traffic congestion.
EVOLVE Development, the construction company part controlled by former Fairfax chairman Ron Walker, has paid a speculated $4.5 million for a 1.6 hectare estate in an elevated pocket of Keilor, 17 kilometres north-west of town.
ELEVEN years after the University of Melbourne sold its former Early Childhood Development School campus to builders, the prominent Kew building finally looks set to be redeveloped.
PERTH-based Aspen Group has avoided proverbially being caught with its pants down.
EIGHT months after the Frankston City Council deferred plans to build the multimillion dollar Frankston Safe Boat Harbour, city developer Asian Pacific Building Corporation has decided to offload the area’s most prominent property. 