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Market Insights

Read the latest news about commercial properties in Melbourne and Victoria from CBRE.

06.02.2020

Albert Park 7-Eleven Corner Going to Auction

 The home of a high-profile 7-Eleven in the heart of Albert Park will be sold at auction next month.  147 Victoria Avenue, a 179sqm tripled fronted landholding, has been occupied by 7-Eleven since August 1982, making it one of the longest-standing businesses in the bayside Melbourne suburb.  It sits on the corner of Danks Street…

05.02.2020

Investors to circle Melbourne CBD’s Tomasetti House

 The ornate Tomasetti House in Flinders Lane is being brought to market following a shortage of sub-$100 million office investment opportunities in the Melbourne CBD.  The 3,814sqm commercial building at 277-279 Flinders Lane was once one of the largest buildings in the CBD and is being offered for international sale by CBRE Melbourne Middle Markets,…

Office buildings to attract slew of investors and occupiers

Following several significant leasing and sales results in 2019, the owners of three adjoining Melbourne commercial buildings have elected to take them to market, despite recently achieving a major planning permit across the combined site.   The properties, clustered on the corner of Spencer and Jeffcott Streets in the north-western corner of Melbourne’s CBD, will…

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