Market Insights

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

07.06.2019

Private investors active in sub $10m service station market

Private Melbourne-based development fund PE Capital has exchanged contracts on the final portion of its Amstel convenience retail development in the south eastern growth corridor of Cranbourne. The project incorporated a three lot subdivision with a total end value of circa $13 million. A 7-Eleven anchored service station, which sold this week, represented the final…

Dual Woolworths and ALDI-anchored Newcomb Central shopping centre listed for sale

In what has remained a tightly held sector, the Victorian neighbourhood shopping centre market is soon to be tested with the offering of Newcomb Central Shopping Centre in Geelong, Newcomb Central is a double supermarket anchored neighbourhood shopping centre of 8,727sqm, complemented by 24 predominantly non-discretionary specialty shops. The major tenants include Woolworths and ALDI…

06.06.2019

What does the Coalition Victory Mean for the Property Market?

The Coalition surprised many and retained power in the federal election, notably receiving a majority government. The victory means that Labor’s proposal to modify taxation policy on negative gearing and capital gains will not be implemented. With the risk of taxation policy changes removed, a lot of uncertainty has been removed from the market, which…

30.05.2019

Landmark Dulux headquarters listed for sale by Salta Properties

Salta Properties has listed Melbourne’s landmark Dulux House building for sale as certainty returns to the commercial property market following the recent Federal election result. The CBRE Middle Markets team of Scott Orchard, Josh Rutman and Lewis Tong have been appointed to steer the Public Tender process for the Clayton property on behalf of Salta,…

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