Commercial Property Development News

A first of its kind Australian motorsport resort complete with luxury villas, a hotel and a 5.4km track promises to be a dream come true for local car lovers.

A sprawling vacant block in Victoria has hit the market with a monster asking price after more than four decades in the owner’s family, and AFL icon Kevin Sheedy has weighed in.

The property giant is focusing its comeback on the top end of the residential market, with its next move targeting a Sydney site a Chinese-Australian billionaire is looking to exit.

Developer Maximise is planning a major retail and industrial development after snapping up a land parcel in Melton in Melbourne’s west.

A huge wave of new homes have been approved in a Sydney suburb, which will see it double in size in just a few years.

Approval has been granted for 48 affordable homes in a new $463m project in Sydney’s west as part of new NSW planning regulations to provide accommodation for essential workers.

A major new development is set to shake up one of Melbourne’s fastest-growing suburbs, bringing big-name retailers, new lifestyle perks, and a game-changing community hub.

The future of Australia’s tallest mixed-use skyscraper hangs in the balance as its failed project manager owes more than $100m with payments outstanding to top designers and consultants. | SEE FULL LIST OF CREDITORS

A major landholding with approval for a 12-storey apartment tower has hit the market for the first time in 10 years – but could see a character home demolished in the process.