Victoria Commercial Property News

Victoria commercial property news, commercial real estate market data, business news and insights.

Investor demand grows for entire apartment blocks amid record low rental vacancies
News
Investor demand grows for entire apartment blocks amid record low rental vacancies
As the rental market crisis deepens, investor demand for entire apartment blocks is surging around the country.  In Sydney, two recent unit block sales netted over $12 million, indicating robust buyer interest. One was an …
Positive sign for offices as tenants look for more space
Market Insights
Positive sign for offices as tenants look for more space
The number of workers returning to the office has gathered pace in 2024, with occupancy rates up in every capital city.  After four years of experimenting with remote working, companies have better refined the hybrid …
Ocean Grove retirement village to expand after $7.8m land acquisition
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Ocean Grove retirement village to expand after $7.8m land acquisition
Ryman Healthcare has announced a second expansion at its Ocean Grove retirement village on a 2.02ha site adjoining the current complex.
Sale of landmark city church unlocks key Geelong development site
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Sale of landmark city church unlocks key Geelong development site
New buildings up to 11 storeys tall could sit alongside the heritage-listed St George’s Presbyterian Church as buyers contemplate how best to reshape the prominent corner.
Lendlease apartment play at Paris end of Melbourne’s CBD
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Lendlease apartment play at Paris end of Melbourne’s CBD
The under fire developer wants to bring a new luxury tower to one of the Victorian capital’s top addresses as the city’s apartments come back.
Gurner’s health club finds a latest perch in Larry Kestelman’s tower
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Gurner’s health club finds a latest perch in Larry Kestelman’s tower
Fancy wellness spots such as Tim Gurner’s growing Saint Haven clubs are replacing ritzy night clubs in Melbourne’s most exclusive suburbs.
Warning given to Melbourne CBD office space owners to consider selling up
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Warning given to Melbourne CBD office space owners to consider selling up
Owners of many of Melbourne’s office spaces have been told to start selling them now amid the city’s lagging revitalisation post-Covid.
Burwood East: Wealthy Dorman family selling office of the National Archives of Australia
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Burwood East: Wealthy Dorman family selling office of the National Archives of Australia
A wealthy Melbourne family has put a building in the city’s east on the market, which has been leased by the National Archives of Australia for 30 years. And it’s expected to be highly sought after.
Owners of popular Hamlyn Heights brunch spot list premises for sale
News
Owners of popular Hamlyn Heights brunch spot list premises for sale
The corner Church St site home to Eddy & Wills for the past nine years is on the market with the option for buyers to take over the business or start a new venture.
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