The sale will test a CBD market currently in a froth about the knock-down $55 million price paid for the nearby Parkade car park.
The building has sold,but the iconic department store that occupies the Bourke Street Mall site isn’t leaving as it has an 18-year lease.
Vicland developer Bill McNee is flipping the NAB branch on the corner of Toorak Road and Chapel Street,just weeks after he settled on the high-profile property.
Transaction volumes may be down as local investors sit on the sidelines,but international investors are already beginning to see some attractive opportunities.
Decades ago there were certain inner-city pubs in Melbourne that you couldn’t just walk into - Cremorne’s Cherry Tree Hotel was one such venue.
An attempt by the hardware giant to squeeze one of its trademark warehouses onto a busy residential street in hipster Brunswick has come unstuck.
Explosives giant Orica is set to offload the first tranche of its massive Deer Park site in Melbourne’s west into a tight market that is setting a premium on industrial land.
The land boom across Melbourne and Geelong’s growth areas is gaining traction as housing estate lot sales soar close to peak levels last tapped four years ago.
Hundreds of Victorian small business owner and their landlords are calling the government’s tenancy helpline each week.
The nation’s office vacancy rate has tapped its highest level in more than two decades,increasing over the past six months to 11.7 per cent – a mark not reached since January 1997.