Commercial property deals

A controversial 74-storey Southbank skyscraper that would dwarf neighbouring Crown Casino is on the cards, with a permitted development site to be auctioned this month.

Popular Sydney mixed-use shopping and office hub the Edgecliff Centre is on the market for the first time in 20 years.

Melbourne’s historic Palais Theatre in St Kilda has quite literally been given a new lease on life, with a new operator winning a bid to lease the iconic venue for the next three decades.

Iconic Exchange Hotel returns to market, Melbourne’s latest donut destination, and an Asian investor pays $40 million for Parramatta hotel. MORE DEALS.

The NSW government has put the food and beverage operations for the heritage-listed Fort Denison in the middle of Sydney Harbour up for lease, according to confidential documents. This article originally appeared on theaustralian.com.au/property.

A prime beachside development site at Palm Beach on the Gold Coast is on the market for the first time in more than 30 years.

Intense competition between a trio of aged care providers saw the price of a Brighton East respite facility, owned by Benetas, soar to $19 million – $8 million above its reserve.

The white-hot market for Bunnings Warehouse outlets will face another litmus test, with the first Bunnings store offered for sale in Victoria in more than six months.

Grocon has won planning approval for a $700 million hotel to be built on the IMAX cinema site at Darling Harbour, clearing the way for a sale to Chinese investor Zhengtang. This article originally appeared on theaustralian.com.au/property.