Year: 2019

06.05.2019

Brand New 7/11 in Werribee SOLD for $5,930,000 as Petrol Stations are Still Pumping with 186 Projects Scheduled for Completion in 2019

Despite continued headwinds about electric vehicles making their way into the mainstream private car market, recent research by CBRE shows a strong supply pipeline over the next 2 years for Petrol station investment properties.  Whilst the largest amount of projects are underway in Queensland (58) both Victoria (43) and NSW (38) also have strong shares…

01.05.2019

Uniting Church lists Little Collins building with approval for 26-storey hotel

The Uniting Church Synod of Victoria and Tasmania has put its 130 Little Collins Street office building on the market in Melbourne’s prized east end. The building boasts a net lettable area of 3,797 square metres, comprising eight levels of office, ground floor retail, and 15 car spaces. It is on a 651 square metre…

29.04.2019

25,830sqm* Vermont South site hits the market

A high profile 25,830 square metre* site, with 132 metres* frontage to the Burwood Highway at Vermont South, is on the market with developers likely to note its potential for residential development.   Formerly the Melbourne headquarters of the Australian Road Research Board (ARRB), the 490-500 Burwood Highway property’s built improvements include 13 1970s-era office buildings…

26.04.2019

Rent growth drives St Kilda Road office

– Prime rents up 27% in 12mths and expected to rise further – St Kilda Road office rents have grown nearly 50 per cent over the past seven years and a staggering 27 per cent in the past 12 months (to Dec) reflecting both the historically tight CBD market and the recent withdrawal of St…

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