Year: 2019

Demand for metropolitan Melbourne investments underpins landmark office sale

A private Melbourne family has paid around $55 million for a landmark Hawthorn office building fully leased to Swinburne University. The 2 Luton Lane building comprises 5,660sqm of office space and occupies a strategic site near the corner of Burwood and Glenferrie Roads. CBRE Melbourne Middle Markets agents Scott Orchard, Josh Rutman, Mark Wizel and Lewis Tong together with Gorman Commercial’s…

B2B Lawyers moves to sell East Melbourne office

CBRE has been appointed to manage the sale of a Victorian heritage office building adjacent to the landmark Melbourne Cricket Ground. 76-78 Jolimont Street, East Melbourne comprises a three-level freestanding office building with nine car parking spaces in the prestigious suburb of East Melbourne.  CBRE Melbourne’s City Sales team of Julian White, Josh Rutman, Nathan Mufale and Chao Zhang will manage…

Malvern office building reserve price smashed by 21 per cent

A two-storey office building in the affluent suburb of Malvern has sold at auction for $3,010,000, 21 per cent over the vendor’s reserve price. CBRE’s Melbourne Middle Markets team of Scott Orchard, Scott Hawthorne and Leon Ma managed the sale of the 1328-1330 Malvern Road property, with the sale price translating to a market yield of 4.21 per…

ANIBT space presents Melbourne’s largest strata office offering for 2019

The Australian National Institute of Business and Technology (ANIBT) has listed its current Melbourne CBD headquarters for sale as it prepares to relocate to larger city fringe premises.

The CBRE Melbourne City Sales team of Julian White, Nathan Mufale, Alex Brierley and Chao Zhang has been appointed to represent ANIBT on the sale of the sale of the two strata floors, situated on levels 7 and 8 of 474 Flinders Street.