Shock rule costs Aus borrowers $114k
Borrowers hoping for relief from strict lending rules have been dealt a blow as regulators refuse to budge on tough mortgage stress tests.
Commercial
Mystery over Hillsong’s ‘strategic’ church deal
A Hillsong church in Sydney has sold to an international buyer in a deal where certain details have been cloaked in secrecy.
‘Haunted’: Inside trashed Aus shopping mall
This abandoned Aussie shopping mall has sat empty for years and its stories are legendary. But everything is about to change.
Central Coast’s Erina Fair attracts big bidders
The shopping centre sale of the year is kicking off with a huge sum expected to be offered by the new groups dominating buying in the industry.
More Stories
ISPT closes in on $230m offload
The super fund-backed manager has won strong interest in a North Sydney office building it is looking to offload.
Major risk: Rate cut pressure mounts on RBA
The RBA’s decision to hold interest rates is at risk of backfiring spectacularly after quarterly inflation numbers were released.
Roaches and crime, Melb’s ‘worst hotel’ for sale
From a shooting to junkies, a former motel that made headlines for all the wrong reasons is set for a multimillion-dollar sale and a new future.
Imagine paying $8.35 a week rent
An Art Deco block of flats in Waverley that last traded for $28k with rents starting at $8.35 per week is set to hit the market.
Property developer takes over golf course site with $3.5bn deal
The golf course site, which sits next to Sydney Airport, will become one of the city’s largest logistics precincts after property developer Stockland secured a landmark $3.5bn joint venture deal.
Coastal hub delivers $380K income, upside
A landmark retail portfolio delivering a $380k annual income has emerged as the Bellarine Peninsula’s most significant commercial listing this year.
Asian giant Link lands Sydney warehouse for $121m
One of the region’s largest property players has made a move on a warehouse in western Sydney but it is using a new source of capital.
Lendlease adds Japanese backing to luxury Hyde Park scheme
Lendlease is turning to Japanese capital to back its latest $2.5bn development scheme, with two big names keen to support Sydney’s next ultra-luxury site.
Rear laneway a key to unlocking former jewellers
How Geelong’s emerging laneways could become the key to unlocking the value of a CBD landmark formerly home to Duffs Jewellers.
Big plans in the mix for strategic Bellarine motel site
Future expansion or new direction could be on the cards as buyers circle Lakeview Hideaway at the gateway to Drysdale.
Original URL: https://www.themercury.com.au/real-estate/commercial