Collingwood

It might be vacant, boarded up and covered in graffiti, but this rundown old church in inner-city Melbourne has attracted more than its share of attention among commercial property buyers.

As land values rise, charities and not-for-profit organisations have been taking advantage of their increasingly valuable headquarters to fund operations. This article originally appeared on theaustralian.com.au/property.

A pair of Melbourne lawyers trumped developers and investors amid a white-hot market for development sites to secure a Collingwood corner block that will eventually become their firm’s new home.

Melbourne’s iconic former live music venue the Barley Corn Hotel is on the market, more than 140 years after it opened its doors.