Lou Abrahams Almost Sold Out of Luxury Brighton Apartments
Year 2008 will indeed be one of closure for colourful business identity, and yachting veteran Lou Abrahams.
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Abbotsford Property Market
Abbotsford is a riverside suburb, about 3 kilometres north east of the Melbourne CBD.
It is bound by Hoddle Street, the Eastern Freeway, Victoria Street and the Yarra River, and bordered by the suburbs of Collingwood, Richmond, Clifton Hill and Kew.
Read morePrivate Investor Forks Out $16.6 Million for Unrenovated Queen Street Office Building
A local private investor has paid $16.6 million for a Queen Street office building he plans to refurbish into a “high end” B-grade property.
Read moreChannel Deepening in Port Phillip Bay.
The Port of Melbourne Corporation’s Channel Deepening Project intends to deepen the main commercial shipping channels in Port Phillip Bay to allow larger container ships to enter the port.
Read moreLPT Sector Now a Riskier Deal
Former Mirvac managing director Robert Hamilton should be patting himself on the back.
In January 2004, the businessman who co-founded the Mirvac development empire 35 years ago, dared criticise what was becoming a growing trend by listed property trusts in Australia – to target property assets internationally, particularly in the United States where high property yields made them attractive, relative to local property asset offerings.
Read moreCentro Biggest Australian Casualty of Global Credit Crunch
Five weeks after telling shareholders the US sub-prime housing crisis has not had any impact on the operation of Centro’s US portfolio, Centro Property Group is in turmoil, with its share price crashing to less than $1.30 per share – down some 77 per cent since last Thursday, when executives imposed a trading halt of trade for the $26.6 billion fund and asset manager.
Read moreHenry Birner, Buxton Luxury Apartment Projects in Melbourne’s Suburbs
Prominent real estate agent turned property developer Henry Birner will be all smiles this Christmas, reaping more than $12 million in sales at his Caulfield North residential development, the first luxury apartment offering of its kind in the south-eastern suburb.
Read more2008 Looking Like a Boom Year For Coastal Property
Agents, analysts and developers unanimously tip Summer 2008 to be one of the biggest years yet for the coastal market, with suburbs along the Great Ocean Road, Port Phillip Bay and Western Port expected to be in highest demand.
Read moreDocklands Townhouse Boom a Sellout for Mirvac
In a scene reminiscent of Melbourne’s 2001 property boom, developer Mirvac has sold out of a luxury new Docklands housing project in less than a day.
Read moreChannel Seven South Melbourne Studio Sold, Again
An as-yet-undisclosed interstate developer is believed to have paid about $15 million for the former Channel 7 studios in Wells Street South Melbourne.
Read moreUnilever Sells Knoxfield Manufacturing Facility
Ten months after announcing it would pack up from the big smoke and head bush to Tatura in provincial Victoria, Unilever has sold its outgoing dry goods manufacturing facility in Knoxfield, for a price speculated to be more than $12 million.
Read moreMyer Family Corporation May Buy St Kilda Road Office Building
The Myer Family Corporation is believed to have outbid listed property institutions and other cashed up private investors for one of the best located office buildings in St Kilda Road.
Read moreDave O’Neill Wrongly Judges Bill McHarg
Comedian and radio show personality Dave O’Neill proved to be a poor judge of character at the Property Council of Australia’s monthly luncheon at Crown Casino on Wednesday.
Read moreFormer Amcor Packaging Plant in Box Hill to be Redeveloped into $65m Office Park and Retail
A $65 million mixed use office park, industrial park and bulky goods centre will be built on the site of a former Amcor packaging plant in Box Hill.
Read moreLes Smith to Build New Office Building in Hawthorn
In another show of confidence for the Hawthorn office market, champion racehorse owner and property developer Les Smith has confirmed he will develop an approximate $ 30 million office building, without a tenant pre-commitment.
Read moreHouse Sales Hit High in Victoria
The number of new homes sold in Victoria for the month of October has bucked the national trend.
Read moreArden Street Oval Won’t be Developed into Townhouses
Any chance of the North Melbourne football club’s Arden Street training ground being turned into townhouses and apartments has faded – for the moment anyhow.
Read moreDave O’Neill Misreads McHarg at PCA Lunch
Comedian and radio show personality Dave O’Neill proved to be a poor judge of character at the Property Council of Australia’s monthly luncheon at Crown Casino on Wednesday.
Read moreSt Michaels Rescues Astor Theatre From Residential Redevelopment
Any chance of St Kilda’s iconic Astor Theatre being turned into apartments is dead and buried after private college St Michael’s did its good deed for the community, buying the property for $3.8 million.
Read morePakenham Development Site Sells at Auction for $6.55 Million
A major ‘Mixed Use’ zoned corner development site fronting the multi lane Princes Highway at Pakenham sold at auction today for $6.55 million.
Read morePeet Acquires Land in Melbourne’s West For $40 Million
Peet Limited has acquired 64 hectares of strategically located land earmarked for industrial development, just out of Melbourne.
Read moreSingaporean Investor Buys Centre Way Building on Collins Street for $34.1 Million
A Singaporean investor has paid $34.1 million on a low passing yield of 5.5% for the Centre Way building on
Read moreMelbourne Prestige Residential Auction Round up
A house in Towers Road Toorak, a hop skip and a jump from the mansion of former Carlton Football Club
Read moreDevine Buys Residential Development Site in Pakenham
Queensland-based residential property group Devine has paid $20.7 million for a 43.65 hectare development site in Melbourne’s outer south-eastern suburb of Pakenham.
Read moreShepparton Hotel Burns Down
The historic Shepparton Hotel is set for a date with a bulldozer, after a major fire burned through it over the weekend.
Read moreAuction Clearance Rates Fail to Impress
Auction clearance rates fell in Sydney but stabilised in Melbourne this weekend.
Read moreASX Listed Company Buys Property in South Australia Wine Region
ASX-listed Cheviot Kirribilly Vineyard Property Group has paid $2.3 million for lot 50 Woodstock Road in the Langhorne Creek Wine Region of South Australia.
Read moreBungaree Homestead in South Australia Sells for Almost $7 Million
The Old North Bungaree homestead and estate in South Australia has sold for almost $7 million, in a deal negotiated by Elders Real EstateÂ’s Rob Stephens.
Read moreHope Island’s “Sails” Mansion Fails to Sell at Auction
“Sails”, the Hope Island Queensland mansion was passed in at auction last Saturday December 1.
Read moreMore Student Accommodation for Carlton
Melbourne City Council may have found a way to add much needed student accommodation housing, without taking away from the character of the inner northern suburb of Carlton.
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