Trump Tower may be coming to Melbourne
With luxury apartments in Melbourne regularly selling for in excess of $5 million, is it any wonder the city could be the site of the next Trump Tower?
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Developer Retains Bianca Penthouse, in Controversial Port Melbourne Project
For the second time in the past year, a property developer has reserved a penthouse apartment in one of his own developments for himself – this time in Port Melbourne.
Read moreCorporate Executive Offices (CEO) Leases Building in Mount Waverley
Things must be booming in the serviced office sector, with Australian owned group Corporate Executive Offices (CEO) committing to lease an as-yet-undeveloped, high profile office building in Mount Waverley, about 22 kilometers south-east of the CBD.
Read morePort Melbourne Development Boom
Port Melbourne is undergoing an industrial showroom development boom, with a further $57 million of new projects announced this week, almost doubling the value of showrooms under construction in the high-tech industrial precinct.
Read moredaVinci Advisers Backs Out of Foundry Deal
According to an article by the Australian Financial Review, Japanese based daVinci advisers is understood to have backed out of a plan to buy part of the mixed use Foundry development in Bourke Street.
Read moreCatholic Church to Sell St Macartan’s Primary School, Becton Tipped to Buy
Developer Becton had its prayers answered this week. As the developer finalises its successful Mills Beach townhouse redevelopment of the former Sisters of Mercy Catholic convent in Tanti Avenue Mornington, a 2 hectare development abutting Mills Beach has been put on the market.
Read moreCoburg ’21st Century Makeover’ Plans Extended by Moreland City Council
Plans to give Coburg a 21st century makeover will now be announced in March, after the Moreland City Council extended a deadline for developers to tender on the estimated $1 billion suburb revitalisation.
Read moreSaint Cloud Mansion, South Yarra, Approaches Third Year on the Market
With the prestigious residential market having experienced its biggest boom since the late 1980s – surely South Yarra’s troubled Saint Cloud mansion should be receiving offers close to the $10 million vendor, business identity Peter Clark was after, when he listed it for sale almost three years ago.
Read moreAnother Albany Road Mansion Could Be Demolished for MegaMansion
Calling on Paula Fox, Albany Road needs you. Stonnington City Council is preparing itself for a fight, after it was revealed the mystery buyer to fork out about $8.4 million for the 108-year old Coomaroo mansion in Albany Road late last year, is none other than the next door neighbour, property developer Len Warson.
Read more$300m Facelift for Fountain Gate Shopping Centre, Narre Warren
In a move sure to excite Fountain Lakes foxy morons Kath & Kim, the City of Casey has launched its $300 million vision for its Main Street retail and mixed use development, which marries into the Fountain Gate Shopping Centre in Narre Warren, about 42 kilometres south-east of the CBD.
Read moreGeelong Football Club Leases ‘Melbourne Base’ at Point Cook
The Geelong Football Club will have a “Melbourne-base” at Point Cook, after signing a 20-year lease deal for a purpose built entertainment venue near the town centre of the burgeoning western suburb.
Read moreCity of Port Phillip Approves St Kilda Triangle Development Plan
A meeting of the City of Port Phillip statutory planning committee tonight approved the St Kilda Triangle development plan with a number of important
changes.
Henkell Brothers to Sell Two More Commercial Office Assets
Henkell Brothers Investment Management is formalising plans to sell two suburban office buildings in Melbourne’s south-eastern suburbs, in deals which could be worth more than $25 million.
Read moreDevine Buys Land in Melton, Residential Subdivision Planned
Listed property developer Devine Limited (ASX: DVN) has announced the acquisition of a 21.45 hectare land parcel in Brookfield, 35 kilometres south west of Melbourne, for $6.9 million in an 18 month staged settlement contract.
Read moreFirst Homes at Niddrie Quarry Site Under Construction
Construction has started for the first homes at Valley Lake, the fancy name for the former Niddrie Quarry, in Rachelle Road East Keilor.
Read moreMitcham High Rise Saga Continues
Former Carlton footballer Fraser Brown has quit plans to build two high rise apartment towers in the outer eastern suburb of Mitcham.
Read moreFreshwater Place 2, CBW Overlooked Again as Tenants Race for Docklands
Always the bridesmaid, never the bride.
That must be the sentiment in Australand’s and General Property Trust’s boardrooms, after its 30,000 square metre Freshwater Place 2 office building at 28 Southbank Boulevard in Southbank failed to arouse the interest of yet another major tenant.
The Commonwealth Bank of Australia was this week speculated to have chosen to stay put at its current headquarters in Bourke Street, ending a lengthy search for new office space.
Read moreNo Bites For South Wharf Office Building in Docklands
Acquisitive developer and fund manager Charter Hall is rumoured to have shelved plans to buy a Docklands office building, currently under construction on the southern banks of the Yarra River, near the Melbourne Exhibition and Convention Centre.
Read moreHWT Bypasses CBD, Options Now in Docklands or to Stay Put
News that the Herald & Weekly Times may be the next major corporate tenant to relocate to Docklands is intensifying.
Read moreSensis Kicks AFL World Out of QV
Telecommunications giant Telstra has signed the biggest CBD office lease deal for the year so far, making the unusual move to lease more than 3300 square metres of third-level retail space at Grocon’s QV development, which it will convert to offices.
Read moreLleyton Hewitt Sitting on a Winner at Yve
Residents in St Kilda Road’s distinctive Yve apartment block may have noticed it was a little busier in the reception foyer this last fortnight, with Australian tennis champ Lleyton Hewitt and family finally able to use the penthouse he had the foresight to buy four years ago.
Read moreCathy Freeman May Come Home to Brighton
Could it be that Olympic gold medal winner Cathy Freeman is ready to move into the Brighton mansion she bought, but never lived in almost 16 months ago?
Read moreRecord Number of Multimillion Building Permits Issued
Melbourne’s million dollar housing club has grown to seven suburbs having at least five $1 million plus building permits issued in 2006/07.
Read moreKay & Burton Sponsors Sorrento World Championships Regatta
So bitten by the sailing bug is boutique agency Kay & Burton, that a handful of directors decided to sponsor a 29-foot boat to sail in the prestigious Sorrento World Championships 29er regatta, which ran for five days, earlier this month.
Read moreFitzroy ‘Cheesegrater’ Apartment Project to go Ahead
After five years, more than 550 objections and more than $200,000 in legal bills, construction of Fitzroy’s controversial “cheesegrater” apartment block will proceed.
Read moreMusic Promoter Andrew McManus to Sell Toorak Mansion
RT Edgar director Greg Herman’s silver Mercedes Benz has been spotted pulling in the sweeping driveway of concert promoter Andrew McManus’ Toorak mansion – and we don’t think it’s because Herman is planning a national tour.
Read moreDevine Buys 43.65 Hectare Residential Development Site in Pakenham
Listed diversified property group Devine Limited (ASX: DVN) has acquired a prime 43.65 hectare residential site in Pakenham, 55 kilometres south-east of Melbourne, for $20.7 million in a staged payment transaction over 12 months.
Read moreDB RREEF Buys St Kilda Road Office Building for $65.5 Million
DB RREEF, on behalf of its direct property mandate with AXA Wholesale Australia Property Fund (WAPF), has acquired an office building at 441 St Kilda Road, Melbourne, for $65.5 million.
Read moreDeveloper Charles Lloyd Portfolio Comes to the Market
Melbourne-based developer Charles Lloyd Property Group will offload half of its property portfolio of residential land allotments, in a deal expected to reap more than $50 million.
Read moreSociety Murders House Sells After Auction
The Glen Iris townhouse which was the scene of the now infamous “society murders” in 2002, sold quietly this week to an undisclosed party.
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