Myer Family Pays Record $18.4 Million For The Sisters Estate, Sorrento
Interests associated with Melbourne’s Myer family have paid $18.4 million for the historic "Sisters" estate in Sorrento.
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Lonsdale Street Power Station Chimney Stack Comes Down
Melbourne’s city skyline changed forever this week, after demolition crews started dismantling the 55-year old Lonsdale Street power station “chimney stack”, ahead of a commercial office redevelopment.
Read moreBaycrown to Develop East Doncaster Site
Residential developer Baycrown Pty Ltd has paid $2.55 million for a residential development site in East Doncaster with a permit for 38 residential apartments and 49 basement car spaces.
Read moreHawthorn Volkswagen Snapped up by Private Investor
It’s not unusual for Volkswagen dealers to see the odd millionaire walk through its showrooms. But few could have imagined the sheer net worth of investors “tyre kicking” its Hawthorn dealership, which was recently put to the market.
Read moreMAB Corporation Sells Floor of 999 Nepean Highway Office Building
MAB Corporation has sold an entire strata floor at its 999 Nepean Highway office building redevelopment for $3.575 million to an undisclosed private investor.
Read moreOwners of Chapel Street Tokyo Tepanyaki to Sell Albert Park Home
The owners of Chapel Street dining institution Tokyo Tepanyaki, are selling a triple storey terrace home at 148 Beaconsfield Parade, Albert Park.
Read moreRetired Test Cricket Umpire Tony Crafter Sells Out of East Melbourne
Retired Australian Test cricket umpire Tony Crafter expects prospective buyers to be bowled over by his boutique apartment, in one of the city fringe’s most secluded pockets.
Read moreSt Hilliers to Sell Coburg Industrial Asset
One of the country’s biggest private development companies, St Hilliers, is understood to have sold a large Coburg industrial asset for $11 million, as it continues to sell off properties in its Enhanced Property Fund No 2.
Read morePamela Anderson House Fails to Sell at Auction
Whether residents want to admit or not, St Kilda West’s most prominent home is not on Beaconsfield Parade. Nor is it on tree-lined Mary or Park Streets.
Read moreSwinburne University to Sell Property Around Hawthorn Campus
Tertiary institution Swinburne University has confirmed it will sell an office building and development site across the road from its Hawthorn campus.
Read moreDandenong Ranges Mount Royal Manor for sale
One of the Dandenong Ranges most imposing homes was put to the market this week.
Mount Royal Manor, a 143 square mansion set on two hectares of manicured gardens at 1317 Burwood Highway, Upper Ferntree Gully, is expected to sell for around $6 million after an international marketing campaign.
Read moreToorak Estate of Art Collector Alex Copland Goes Under the Hammer
Collectors of fine art, and fine property, have a week until March 3 to inspect the Toorak mansion of art collector Alex Copland before it goes under the hammer.
Read moreLack of Prestige Residential Rentals Volley Tennis Players to Hotels
The days of tennis players renting a luxury home for their stay at the Australian Open are all but gone, according to agents, because rich home owners simply don’t need the money.
Read moreBusiness Heavyweights Buy Into Sorrento Apartment Project
The most expensive apartments to be built on the Mornington Peninsula look unlikely to ever be offered to the public – with some of Melbourne’s biggest business identities flagging almost all of the units on offer, just weeks after the complex was given a permit.
Read moreFormer Labor Minister Sells Home in Thornbury
Former Labor party MP and the third women ever to be elected as a minister in the lower house Kay Setches, is selling the Edwardian terrace in Thornbury she’s called home for 7 years and preparing for a move to Docklands.
Read moreCathy Freeman Buys in Brighton, Sells in Kew
Agents have confirmed Cathy Freeman is the mystery buyer of a Roslyn Street Brighton mansion. The Olympic Gold medalist is said to have paid $2.2 million before auction, and will move in later this year.
Read moreWestern Bulldog Footballers Buy in Maidstone
The western suburb of Maidstone may soon have enough professional footballers to make a team, with Private Property learning four Western Bulldog players have bought into Essence, a new estate being developed by the Stockland group.
Read moreShane Warne’s Middle Crescent Brighton Home on the Market
Industry insiders have confirmed that Shane Warne’s Brighton home is being quietly marketed for sale. The news comes weeks after estranged wife and television identity Simone Callaghan started rebuilding a house she bought in nearby Albert Street earlier this year.
Read moreDeveloper Wilbow Buys Second Residential Development Site in Doreen
It was fun the first time – thatÂ’s the motto doing rounds at WilbowÂ’s Hawthorn headquarters, with the developer this week announcing it picked up a second development site in the north east suburb of Doreen.
Read moreWestpoint Receivers, Mattioli Sell CBD Development Sites
The list of Westpoint assets coming onto the market continues to grow -all the while giving a second bite of the cherry to developers who missed out on those sites not long ago.
Read moreLachlan REIT Leases Heidelberg Building to Hagemeyer Asia Pacific
Leighton Leasing Activity
Lachlan REIT this week announced a string of national lease deals which see two of its four funds become fully leased. The biggest Melbourne deal is the re-signing of Hagemeyer Asia Pacific to 456 Lower Heidelberg Road in Heidelberg for six years. The electrical distributor, responsible for brands including Smeg and Blanco, leases 3,617 square metres of the property.
Read moreSouth Pacific to Build iQ Student Accommodation
With the number of international students in Melbourne university’s growing each year, developer South Pacific has unearthed a niche for premium quality student accommodation in Carlton.
Read morePort Melbourne Film Studio to Make way for Apartments
The Port Melbourne studio that shot award winning films Shine, Muriel’s Wedding and The Man From Snowy River is set to make way for a residential conversion.
Read moreHome Near Neighbour’s Fictional Ramsay Street Comes on the Market
Everybody needs good neighbours, and that’s what’s on offer in Vermont South, just a hop skip and a jump from Erinsborough’s fictional but world famous Ramsay Street, known locally as Pinoak Court.
Read moreMax Beck’s Kinane sells for Brighton record
Kinane, the 6-bedroom mansion on a prime parcel of Brighton’s waterfront has broken the record for the most expensive home in Brighton.
Read moreSt Kilda Road’s Yve Apartment Tower Wins Award
The distinctive Yve apartment project on St Kilda Road has won the 2006 Victorian Architect Medal, in a ceremony held on Friday night at the National Gallery of Victoria.
Read moreVicLand Offloads $20m in Stonnington
Directors of VicLand Property Group had every reason to party last weekend at the launch of South Yarra’s White Charlie nightclub with cricketers Shane Warne, Michael Clarke and 500 other guests.
Read morePhotographer Lynton Crabb to Sell in Elwood’s Golden Mile
Award winning advertising photographer Lynton Crabb is selling his art deco apartment in Elwood’s Golden Mile.
Read moreFilm & TV Executive Ted Gregory Pays $1 Million For Port Melbourne Apartment
Film and television executive Ted Gregory has paid more than $1 million for a luxury Port Melbourne apartment.
Read moreMPRE Founder Makes $3 Million From Sale of Kilinor Weekender, Red Hill South
MP Real Estate founder Steven Oates has pocketed $3 million from the sale of his Red Hill South retreat, Kilinor.
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