Skilled Migration Fuels Rental Crisis
A SURGE in the number of skilled migrants setting up house in Melbourne is contributing to the city’s rental crisis, according to new research from Oliver Hume.
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Eddie McGuire and Nathan Buckley a near-torpedo kick away from each other in Toorak
COLLINGWOOD captain Nathan Buckley (pictured left) and Channel Nine CEO Eddie McGuire now share more than their love of the black-and-white jersey. They also share a Toorak address.
Read moreBruce Mathieson to Retain Brighton Mansion
Pokie king Bruce Mathieson has withdrawn his Brighton mansion from the market. The five-bedroom property in Sandown Street on Brighton’s Golden Mile was mysteriously whisked off industry websites last month, sparking speculation that the house – on the market for more than $9 million 12 months ago and later reduced to $7.5 million – had actually been sold.
Read moreRe-Creation Health Club Leases Space in Glen Iris
RE-CREATION Health Clubs has leased more than 2200 square metres of office showroom space at the corner of Tooronga Road and Malvern Road in Glen Iris.
Read moreInvesta to Push Ahead with 10,000 sqm Riverside Abbotsford Office Building
INVESTA Property Group is continuing its push into Melbourne’s inner-eastern suburban office market, with plans for a 10,000 sq m commercial building on an Abbotsford site it owns on the banks of the Yarra River.
Read moreApartments and Townhouses for Denton Mills Hat Factory Site, Abbotsford
DEVELOPER Burbank Homes has lodged an application to redevelop the Denton Hat Mill factory, in Abbotsford. Sources say the 113-year-old heritage-protected factory will be converted into 20 townhouses, 38 apartments and nine retail shops.
Read moreMerchant Banker Keith Tuffley Laughing All the Way to the Bank
MERCHANT banking heavyweight Keith Tuffley is laughing all the way to the bank, after his five-bedroom mansion in Barry Street, Kew, sold after auction for $5.8 million.
Read moreColin Cookes Forks Out $7 Million For Royal Domain Tower Apartment, St Kilda Road
BUSINESS identity Colin Cookes is believed to be the mystery buyer of a $6.8 million apartment in the Royal Domain Towers, on St Kilda Road.
Read moreThree Retail Strip Shops Sell
PRIVATE investor demand for suburban shops continues to surge, with three shops selling at auction for far higher than their reserves.
Read moreLiberals “War Room” in Collins Street
THE federal Liberal Party has taken a 12-month lease for about 1650 sq m of office space at 120 Collins Street. The space became available earlier this year after Citibank reorganised its office occupation, shrinking its occupancy in the premium-grade building from four levels to three.
Read moreOmni to Build Bulky Goods Centre and Gynmasium in Carnegie
DEVELOPER preparedness to construct property without a tenant pre-commitment is spilling into the retail sector, with middleweight developer Omni Property Group this week announcing plans to speculatively develop a bulky goods showroom and gymnasium in Carnegie.
Read moreMelbourne-Based CEO Serviced Apartment Operator Opens International Office in Manila
MELBOURNE-BASED serviced-office provider Corporate Executive Offices will open its first international office in Manila in August.
Read moreStudent Accommodation Developer Plans Apartments for Skin & Cancer Foundation Carlton Office
BOUTIQUE property developer Piccolo Developments has paid about $6.3 million for the former Skin & Cancer Foundation’s office building in Carlton.
Read moreFirst Home Buyers Expo Comes to Melbourne
MELBOURNE will host the country’s inaugural home show dedicated to first-home buyers.
Read moreCricketer Jon moss Sells Elwood Apartment
VICTORIAN cricketer Jon Moss has put his Elwood apartment on the market after moving locally.
Read moreWestpac Doesn’t Practice What it Preaches, Avoids Going Green
WESTPAC Bank may have some explaining to do after claims it will choose the "least green" of its three shortlisted options, as its Melbourne CBD office digs.
Read moreCarrick Institute of Education Leases Southbank Building
THE Carrick Institute of Education has leased some space for now, and some space for later at an office building in Southbank.
Read moreSalvation Army Commits to New Blackburn Office Building
THE Salvation Army will relocate its Australia Southern Territorial Headquarters to a new purpose-built office development in Blackburn.
Read moreWest Australian Syndicate Buys Six Units at Lend Lease’s Mosaic Development, Docklands
A MYSTERY Western Australian- based syndicate of property investors swooped in to Lend Lease’s Mosaic apartment tower in Docklands last weekend, buying six units and spending $3.5 million.
Read moreInterest Rates, Land Values to Increase Until 2009
INTEREST rates are likely to stay at or slightly above current levels until 2009 before heading down, according to property experts at a seminar hosted by the Urban Development Institute of Victoria at Crown Casino earlier this week.
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