Market Insights

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

19.02.2019

Generational Freehold supermarket Investment for sale in Ringwood East

The Freehold of A family-owned IGA supermarket in Ringwood East is up for auction after 42 years of ownership. Positioned on the corner of Railway Avenue and Wenwood Street, opposite the Ringwood East train station, the 2,000sqm freestanding supermarket is the anchor of the Ringwood East commercial and retail precinct, featuring a council car park…

18.02.2019

Rooftop car parks, the new place for bars

As Melbourne is heading towards longer evening trade, the CBD has seen an increase from tenants to secure prime spaces in all pockets of the vibrant city. CBRE is set to launch and market two unique rooftop spaces on behalf of a private owner and GPT at 392-406 Bourke Street and 32 Flinders Street respectively.…

15.02.2019

Melbourne’s suburban office market takes centre stage in 2018

A hefty $722 million in larger suburban office assets of a total pool of $1.44 billion changed hands in Melbourne last year according to new CBRE data highlighting broader buyer demand and further yield compression. The CBRE figures relate to office properties outside of the CBD and St Kilda Road office markets valued at between…