News
Brookfield offloads Brisbane BTR site
1+ day, 20+ min ago (242+ words) Commercial and residential property news Red & Co has acquired a build to rent apartment development site from Brookfield Asset Management. The 7401 square metre parcel, 1123 Macarthur Avenue, Hamilton (outlined, image, top), cost $19 million. The property is permitted for two 23 level towers…...
Ascot snares Wagners portfolio
1+ week, 17+ hour ago (219+ words) Commercial and residential property news ASX listed Wagners Holding Company has sold three Queensland warehouses with leasebacks. The construction materials supplier banked $43 million for the assets: 580 Alderley Street, Harristown, Toowoomba (pictured, top), 115 Potassium St, Narangba, north of Brisbane, and 97-101 Quanda…...
Another Melbourne council buys home site for parkland push
1+ week, 1+ day ago (308+ words) Commercial and residential property news A Melbourne council has bought three neighbouring homes near a strip retail precinct, to repurpose for a park. The Whitehorse City Council is speculated to be paying about $5. 8 million for 383, 385 and 387 Mont Albert Road, Mont…...
Deltine buys Coffs Harbour motel
1+ week, 4+ day ago (171+ words) Commercial and residential property news Deltine Capital has bought a fifth asset for the High Yield Motel Fund, which launched in 2023. The waterfront Observatory Coffs Harbour is expected to deliver a 10 per cent yield. On 2363 square metres at 30-36 Camperdown Street,…...
Melbourne institution the Vegie Bar sold before auction
2+ week, 1+ day ago (376+ words) Commercial and residential property news The buildings which since 1988 have accommodated the popular Vegie Bar have sold before auction. The hospitality group buyer is paying $4. 2 million for 378-380 Brunswick Street, at the north east corner of Rose, in Melbourne's inner north…...
Guildford Bell home listed with $17. 5m hopes
3+ week, 3+ day ago (371+ words) Commercial and residential property news One of Victoria's most significant modernist homes has returned to market " Seccull House, designed by revered architect Guilford Bell. The c1972 single level F-shaped dwelling at 32 North Road carries a $16-$17. 5 million guide. Listed on the Victorian…...
Forza in play for Myer Melbourne building
3+ week, 3+ day ago (268+ words) Commercial and residential property news Forza Capital is understood to be pursuing the landmark Myer store on the Bourke Street Mall " a deal which would reunify the property under single ownership. The nine level, 40, 000 square metre property at 314-336 Bourke Street…...
New business leases ex-Hill of Content bookshop
4+ week, 2+ day ago (282+ words) Commercial and residential property news A two month old consumer electronics retailer " now seeking supply chain partners " has leased the former Hill of Content store at 86 Bourke Street. Silk Gear, created by Melbourne-based vicenarian Yunfei Yang, will open mid-year after…...
Council lists site after slicing piece for park
1+ mon, 5+ day ago (334+ words) Commercial and residential property news A major apartment complex at the west end of Bell Street might be back on the cards with the local council listing a site it bought from a developer in 2023 after slicing a corner for…...
Developer sells office built 40 years ago " realestatesource
1+ mon, 5+ day ago (138+ words) Commercial and residential property news A prominent Northern Territory office has been sold by the developer which built it 40 years ago. Satepak House at 11 Palmerston Circuit, Palmerston, fetched $6. 4 million following an off-market campaign. With 1600 square metres in eight tenancies over…...