Commercial real estate
It was a bank, a nightclub and a failed bike hub. Now this Oxford Street icon has a new fate
A Taylor Square landmark that has sat dormant for more than 15 years is set for a new lease on life after plans were approved to add three storeys and a rooftop, and transform the basement into a live music venue.
- by Michael Koziol
Latest
Development threat looms over historic Chapel Street pub
Another cherished old pub, South Yarra’s Imperial Hotel, could be in the hands of a developer next week.
- by Nicole Lindsay
Block your neighbour’s view? Not this cliff-top beach house in Bronte
The owners wanted to be neighbourly, to make sure next door’s sight lines of the ocean and Bronte Gully, the bordering park, weren’t blocked by this new three-level home.
- by Stephen Crafti
Heritage hassle holds up cosmetic giant Mecca’s flagship store
Beauty retailer Mecca’s new flagship store on the Bourke Street Mall is running behind schedule with a key permit lodged with Heritage Victoria just last week.
- by Nicole Lindsay
Exclusive
Retail property
Tigers star Dusty Martin kicks off $25m property portfolio sale
Retiring Richmond footy star Dustin Martin and his manager Ralph Carr are selling a string of Victoria Street properties in Abbotsford.
- by Nicole Lindsay
Australia’s CBDs lose out to the fringe in war for workers
The head of a large property fund says employees are more willing to commute and work in an office when it’s located on the CBD’s fringe.
- by Simon Johanson
24-7 McDonald’s sets sights on outer Perth suburb
The proposed fast food outlet is part of Bullsbrook’s expanding town centre.
- by Claire Ottaviano
Boutique Adelphi Hotel sells at $6m discount after owner’s collapse
The Adelphi Hotel, known for a rooftop swimming pool that is partially suspended above Flinders Lane, has sold for $19 million.
- by Simon Johanson
Analysis
Retail property
Huge ex-Masters store earned $20m rent over 10 years. It was empty and unused
An abandoned ex-Masters store in Sunbury, on which HomeCo has shelled out more than $20 million in rent over the past 10 years, is finally for sale with a price tag of more than $40 million.
- by Nicole Lindsay
Why this giant property fund is betting big on sheds
ISPT believes there is still plenty of scope for growth in the premium warehouse end of Australia’s industrial property boom.
- by Simon Johanson
Mystery private group wants to sell 17 Melbourne properties for $100m
A private syndicator has amassed a 8.36-hectare site in North Dandenong on 17 individual titles which it wants to sell for more than $100 million.
- by Nicole Lindsay
Original URL: https://www.smh.com.au/topic/commercial-real-estate-5vu