Warranbine Mansion, Camberwell, Sells
The sprawling Camberwell mansion once connected to the prominent Baillieu family has sold, for a price believed to be around $3.1 million.
Read morevictoria
Docklands Building Wins 5-Star green Star Rating from Green Building Council of Australia
The Green Building Council of Australia this week accredited an unbuilt Docklands office building with a 5-star Green Star – Office Design rating.
Read moreLachlan Thompson Represents JLL International Rugby Tournament Asia
Commercial property agent Lachlan Thompson returned to Melbourne with a winner’s trophy earlier this month, after representing Jones Lang LaSalle at an international rugby tournament in Asia.
Read moreSouthgate Footbridge to Become Bar
Tens of thousands of city workers and residents who walk over the Southgate Footbridge everyday will soon have a place to stop in for a half-time break.
Read moreSailor Lou Abrahams Sells Brighton Luxury Apartments
Residents in the millionaires playground of St Ninians Court in Brighton will at last see what all the fuss is about at # 9, when veteran yachtsman turned property developer Lou Abrahams unveils his luxury apartment project.
Read moreNew St Kilda Road Apartment Record
An undisclosed international business identity has paid a record $8.59 million for a luxury St Kilda Road apartment.
The sale price eclipses the $8.325 million record set by Wimbledon ace Lleyton Hewitt in 2005, for the Yve penthouse on levels 19 and 20, at 576 – 578 St Kilda Road.
Read moreTree Change for Australand Executive
A phone call to a Yarrawonga real estate agency earlier this year, inquiring about a price of waterfront land – has resulted in Australand executive Andrew Shell and wife Mandy committing to the biggest change of their lives.
Read morePrivate Investor Pays $13 million for CBD Retail Investment
Sale results for CBD retail assets continue to defy explanation, with a small arcade of shops, on a prominent corner diagonally opposite the State Library of Victoria, selling at auction for $13.05 million, more than $5 million over its reserve.
Read moreWestern Suburb Homemaker Centre Sells
A bulky goods centre at a busy Westgate Freeway offramp has sold to a local private investor, for a price understood to be more than $10 million.
Read moreReal Estate Institute of Victoria Excellence in Property Awards
Colliers International and Dixon Kestles won two of the highest accolades for a commercial agency at this year’s Real Estate Institute of Victoria Excellence Awards, held at Crown Casino on Thursday October 18.
Read moreChampion Compressors Signs for Former Mistral Factory in Dandenong South
Champion Compressors has signed one of the biggest industrial lease deals in the south-eastern suburbs for the year, taking almost 11,000 square metres of space recently vacated by electrical manufacturer Mistral.
Read moreAnsett Office Opens as Residential and Retail Mecca
Six years after the famous collapse of Ansett – the airline’s substantial landholding at the northern tip of the CBD has been fully redeveloped into a residential, retail and entertainment mecca.
Read moreKador Group to Sell 312 St Kilda Road Office Building
Less than a month after securing ASX-listed healthcare operator Healthscope as a major tenant at its Gateway office building at 312 St Kilda Road, property owner Kador Group has put the asset on the market.
Read moreMore Apartment Towers for Docklands
Lend Lease is the latest developer to announce plans for a new residential tower in Docklands, giving prospective buyers another apartment to add to their shopping list next year.
Read moreHorse trainer wins Cox Plate, sells Malvern East home
It was a double dose of good news for trainer Colin Little yesterday, who on top of winning the Cox
Read moreNew Price Record Expected for Ormond
Insiders say a new price record is likely for the understated south-eastern suburb of Ormond later this month.
Read moreCathy Freeman May Rent Out Brighton Home She Just Bought
The fastest rumour doing the rounds this week is that Olympic runner Cathy Freeman will not move into the Brighton home she bought in September last year.
Read moreNeighbours Actress Helps Sell Kew Home
Spectators at a recent twilight auction in Kew were treated to a bit of street theatre, with television actress Anne Scott Pendlebury (who played Aunt Hilary in Neighbours for more than ten years, and was also a star in Prisoner) dressing up in garb and greeting the crowd with cold drinks and stories, spoken in a plebian cockney accent.
Read moreWhat Will Become of the Warne Brighton Property Portfolio?
All eyes turn to Brighton this week, and the matter of what King Shane and Queen Simone will do with their substantial property holdings, now that things appear to be on the mend in the Warne-Callaghan camp.
Read moreTV Personality Sells Milford Mansion in Kew
A Victorian couple has outbid two international parties for the landmark Milford mansion in Kew.
The Italianite mansion, built in the height of the 1850s gold rush, sold for in excess of $4 million after an international marketing campaign which saw five parties hotly contest the property to the very end.
Read moreArchbishop Little Former Essendon Home on the Market
North of the Yarra River, blue ribbon real estate doesn’t come much more exclusive than Leslie Road and Riverview Road in Essendon. So when a house at the corner of these tree lined boulevards becomes available – it’s the talk of the town in bomber land.
Read moreAnother Bathing Box Comes to the Market
To Melbourne’s bourgeoisies, nothing spells exclusivity like a bathing box.
Read moreJazz Festival Director Sells Home
The Kew home of Jazz Festival director Michael Tortoni has sold before selling agent Jason Scillio of Kay and Burton even had time to lodge the first advertisement. The property, on a parcel of more than 2100 square metres, is believed to have sold for around $3.5 million dollars.
Read more$20 Million Southern Star Observation Wheel Repair Start
THE TROUBLED Southern Star Observation Wheel in Docklands will be dismantled, and rebuilt as part of a $20 million major repair, starting next month.
Read moreMirvac PFA May Sell 390 St Kilda Road Office Building
ONE OF the tallest office buildings in St Kilda Road may be on the market soon, with a price tag of some $50 million.
Read moreFuture of Melways Safe, Despite Advent of GPS Navigation Systems
THE PUBLISHER of cartographic icon the Melways has denied the advent of in-car digital GPS technology, is threatening the life of the 43-year old street directory.
Read moreAngus Polar Buys Three Victorian Development Sites, $100m in Property Projects Planned
A PARTNERSHIP between Melbourne-based builder the Bendix Group, and Malaysian developer the Crossfields Group, has spent some $10 million on three Victorian development sites.
Read moreBuyer For Amcor Alphington Paper Mill Expected to be Announced Next Month
A BUYER for one of the inner-city’s biggest residential development sites is expected to be announced by the end of next month.
Read moreBank Sells Naval & Military Club City Headquarters, Little Collins Street
THE property developer that thwarted the sale of the Naval and Military Club’s headquarters last year has quietly bought the 1960s city building for what is believed to be a big discount to its original offer.
Read moreFirst Home Owners Grant Extension Welcomed by HIA
HIA has welcomed the Victorian Government’s budget measure to boost the state contribution to the First Home Owners Grant.
Read moreGovernment Approves $862 Million in Property Projects, Including Avalon Airport
PLANNING Minister Justin Madden has approved $862 million in property projects, in an attempt to create jobs and ease a shortage of housing.
Read morePCG Group Appoints David Barnard as Director
Workplace expert Project Control Group Pty Ltd (PCG) has appointed David Barnard as Director to their Melbourne business providing independent property advisory and project services to Melbourne’s business community. Mr Barnard brings to PCG 18 years experience in assisting major corporate tenants manage and optimise their business space agendas and delivering workplace and facility projects in accordance with predetermined time,cost and performance aspirations. For the past 18 years Mr Barnard has successfully fulfilled various corporate property roles within the ANZ Bank including Head of Property for ANZ National in New Zealand and prior to that senior positions with Baulderstone Hornibrook.
Read moreRon Walker’s Evolve Developments Buys Former Pacific Brands Office, Apartments Planned
A DEVELOPMENT company affiliated with business identities Ron Walker and Ashley Williams, has quietly purchased a North Melbourne office building, once the headquarters of departed clothing manufacturer Pacific Brands.
Read moreIBM in the Market for Melbourne CBD Office Space
MULTINATIONAL computer technology and consulting company IBM is scouring the Melbourne market for new offices.
Read moreDoubts over Rising Sea Levels, Make State Government Rethink Sunset Clauses
THE STATE GOVERNMENT’s new Coastal Climate Change Advisory Committee expects to consult the Minister for Planning Justin Madden about rising sea levels, over the next 12 to 18 months.
Read moreCAE, Cambridge International College, Lease More CBD Office Space
THE CENTRE for Adult Education is continuing to cement itself in the Flinders Lane precinct, leasing about 2,500 square metres of space at the former National Australia Bank headquarters.
Read moreLeighton Sells Johnson and Johnson Mulgrave Office for $8.7 Million
Johnson and Johnson’s massive suburban office in Mulgrave, has sold to a private investor for $8.7 million.
Read moreAldi Pays $7M For South Preston Development Site
DISCOUNT supermarket giant Aldi is understood to have paid about $7 million for a development site abutting the South Preston Shopping Centre, at the suburb border of Preston and Thornbury.
Read morePreston Bowls Club Site Sold, Apartments Planned
ONE HUNDRED years after the Preston Bowls Club was established, its prominent northern suburb bowling green and club room in Murray Road, has been sold to developers, and will make way for apartments.
Read moreDollarforce Liquidators to Reap $3.5 Million From Docklands Development Site
LIQUIDATORS for the failed Dollarforce Group, are likely to reap about $3.5 million for an inner-city office development site, abutting Mirvac’s Yarra’s Edge precinct, in Docklands.
Read moreTwo New Office Towers Set For Behind Church of Christ
TWO NEW buildings, one rising as high as 10-levels, will be developed opposite the State Library of Victoria, and abutting Melbourne Central.
Read moreAPN Property Group Sells 120 Docklands Drive For $33.01 Million
APN Property Group director Howard Brenchley said the cash strapped developer will use the $33.01 million it has just pocketed from the sale of a Docklands office building, to reinvest into its other opportunites “at a time when significant opportunity presents itself”.
Read moreBrumby Government Overrides Councils For Five Major Projects
THE BRUMBY Government has overridden local councils, by speeding through the development of five major projects.
Read moreSoccer Card-System to be Used in Melbourne CBD Bars
OPERATORS of licensed pubs and clubs will trial a new security measure, whereby security can serve coloured "cards" similar to those used in soccer, when a patron becomes rowdy.
Read moreNew Plans for Coburg’s Pentridge Prison
NEW PLANS have been lodged to redevelop one of Melbourne’s most prominent landmarks.
Read moreMaribyrnong Ammunition Factory to Become Melbourne’s Newest Suburb
THE STATE and Federal Labor governments are seeking to purchase a 128 hectare block of land abutting the Maribyrnong River in Melbourne’s north-west.
Read moreWork on $90 Million Kithbrooke Park Development, Torquay, Commences
WORK has started on Kithbrooke Park, a $90 million over-55s community, three kilometres west from central Torquay. The 20-hectare project is being developed on former farmland at 460 Grossmans Road.
Read more667 New Social Houses for Victoria This Year
Victoria’s social housing stock will be boosted and construction jobs supported with an Australian Government investment of more than $171 million.
Read moreHawthorn’s Former Police Station And Courthouse to be Developed
HAWTHORN’S former police station and courthouse will be developed into a luxury hotel, after the Victorian Civil and Administrative Tribunal gave the Deague family’s Asian Pacific Building Corporation the go-ahead to build the controversial project.
Read morePrahran’s Station Hotel to be Redeveloped
PRAHRAN’s iconic Station Hotel building in Greville Street, will be retained as part of an $8 million redevelopment of the prominent site.
Read moreMoreland City Council Unveils $14 Million Redevelopment of Brunswick Baths, in Melbourne’s North
THE MORELAND City Council will unveil a $14 million concept plan, to redevelop the Brunswick Baths site, in Melbourne’s inner north.
Read moreBesen May Sell Share of Highpoint, But Can Co-Owner GPT Afford it?
FUND manager General Property Trust may need to find $200 million by July, if two co-owners of a Melbourne shopping centre, decide to sell its small share of the centre, to the beleagured group.
Read moreFrankston Bypass to Proceed
MORNINGTON PENINSULA residents are hoping the State Labor government doesn’t backflip on its plans not to toll the new $750 million Frankston Bypass.
Read moreNew Luxury Resort Planned For Fire Ravaged Kinglake Site
A LUXURY 4.5-star resort hotel has been proposed for the bushfire ravaged township of Kinglake, in Melbourne’s north-east, in an attempt to entice tourists to the area.
Read moreRoyal Children’s Hospital Development, Parkville, Changes Hands For Second Time in a Year
MELBOURNE’s controversial $1.1 billion Royal Children’s Hospital project,in Parkville, has changed hands for the second time in a year.
Read moreTucks Ridge Vineyard Sold
AUSTOCK Securities executive Peter Hollick has sold the prominent Tucks Ridge Vineyard in Red Hill South.
Read moreSt Kilda East Stables Home to be Sold For $1.025 Million
PROFESSIONAL caddy, and ex-golfer Matthew Tritton, and former Fitzroy and St Kilda Football Club player David Strooper, have developed, and are now selling a St Kilda East townhouse, which incorporates part of historic horse stables.
Read morePeet Limited Raises Appriximately $64.4 Million Through Institutional Entitlement Offer
Peet Limited (“Peet” or the “Company”) today announced the successful completion of the institutional component of its accelerated non-renounceable prorata entitlement offer (“Entitlement Offer”)1, raising approximately $64.4 million at $1.10 per share, including $10.5 million committed to by Peet Directors and related parties.
Read moreIndustry Raises $6,500 for Charity
REPRESENTATIVES from Melbourne’s major commercial real estate agencies raised $6,500 for charity, competing in the sixth annual Inter Agents Cricket Game at Xavier College in Kew.
Read moreQantas to Occupy Former National Stock Exchange of Australia Space, Collins Street
QANTAS will relocate from its prominent shopfront near Swanston Street Walk in the CBD, to a modern premises at 410 Collins Street, recently vacated by the National Stock Exchange of Australia (NSX).
Read moreGEO to Sell Cascades on Clyde Development, Near Berwick
THE GEO Property Group – the new name for the old MFS Diversified Group – will sell a portfolio of 600 residential development sites, totalling some 80 hectares, in Melbourne’s south-east.
Read moreCharter Hall to Sell Eleven Former Foster’s Brewery Sites
ELEVEN inner-city development sites, purchased as a whole by Sydney-based fund manager and developer Charter Hall at the peak of the property boom, will be resold individually, in an attempt to curb debt.
Read moreDevine Completes $8 Million Land Swap With Wyndham City Council
Leading developer Devine Communities has agreed to a land swap with the Wyndham City Council that will give residents at its soon-to-be-relaunched Arndell residential estate in Truganina access to approximately $8 million worth of new community facilities, including three new soccer fields and a new community centre.
Read moreHigh Rise Apartment Building Planned For Dimmeys Richmond Site
A MONTH after Richmond’s iconic Dimmeys building was added to the Victorian Heritage Register, its new owner has lodged a permit to develop a 9-level, 89-unit apartment building, on land at the rear of the property.
Read moreRedevelopment of Hawthorn’s Former St Anne’s Angligcan Nursing Home, Begins
REDEVELOPMENT of Hawthorn’s former St Anne’s Anglican Nursing Home has begun.
Read moreMassive Op Shop Centre Planned For Ford Factory, Geelong
AUSTRALIA’S largest op shop centre – capable of being a leading tourist attraction – has been proposed for the former Ford chassis component plant in North Geelong.
Read moreVictorians Prominent in National PCA Innovation and Excellence Awards
VICTORIAN architects, developers, and various level of government have appeared prominently throughout a shortlist of Property Council of Australia nominees, for the national Innovation and Excellence Awards, to be held in June.
Read moreDiscovery Centre Opens at Eynesbury
A PICTURESQUE farm on the western outskirts of Melbourne, once owned by the Baillieu family, is one step closer to being redeveloped into a major mixed use village.
Read moreSymbion Health Relocates to St Kilda Road
HEALTH services provider Symbion Health is the latest tenant to walk the well worn path from Macquarie Office Trust’s 5 Queen Street office building.
Read moreChain Reaction Raises More Than $650,000 For Charities
A CHARITY bike ride – one the biggest sponsorship events on Victoria’s commercial property industry calendar – has raised more than $650,000 for two aid organisations.
Read moreMariner Withdraws 40 Market Street From The Market
THE MARINER Property Trust Number 1 has withdrawn a major CBD office building from the market, with a spokesperson saying consecutive interest rate falls since late last year, has made the asset a more manageable investment.
Read moreAdministrators to Sell Two Storm Financial Assets in Melbourne
TWO Melbourne assets, owned by failed investment group Storm Financial, have been put on the market by administrator Korda Mentha.
Read morePremier John Brumby Supports Plan to Improve Docklands
VICTORIAN Premier John Brumby has backed calls to improve social infrastructure at Melbourne’s Docklands precinct, which has come under scrutiny since new Lord Mayor Robert Doyle said the $7 billion waterfront precinct lacks "social glue".
Read moreMajor Apartment Project Earmarked for Ritzy Balwyn
A BALWYN property until recently owned by the Department of Treasury and Finance, is set to undergo a major residential redevelopment.
Read moreHistoric Cestria to be Sold as Part of Bellwater International Sell-Off
A Hawthorn mansion described by the National Trust of Australia as the greatest American Romanesque Revival house in the country is on the market.
Read moreCalibre Clothing Founder Sells Another South Yarra Development Site
CALIBRE Clothing founder Gary Zecevic has sold another residential development site in South Yarra.
Read moreAndrew Myer to Sell Part of South Yarra Project
PROPERTY developer and member of Melbourne’s Myer dynasty Andrew Myer is selling part of a South Yarra project.
Read more456 Lonsdale Street Close to Sale
A MACQUARIE Direct Property Fund – owned office building, located between the County Court of Victoria, the Supreme Court and the Childrens Court of Victoria, could be close to sale, for around $27 million.
Read more120 Harbour Esplanade Docklands Close to Sale
THE APN Property Group is believed to be close to selling its 120 Harbour Esplanade office tower for just over $30million.
Read moreJeff Kennett Sells Richmond Office Building
Former Victorian premier Jeff Kennett, has sold a Richmond office building he bought in late 2000 with wife Felicity, and business partner, sports tournament promoter Tony Roosenburg.
Read more