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Market Insights

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

30.10.2019

Mortgagee auction slated for former Greyhound Hotel site

The site of St Kilda’s former Greyhound Hotel has been listed for sale in a move tipped to generate strong developer interest. The CBRE Victorian Development Site Sales team of Julian White, Mark Wizel, David Minty and Chao Zhang have been appointed by KordaMentha to steer the mortgagee auction of the 1 Brighton Road site. The 911sqm corner property has three…

29.10.2019

CBRE appointed to sell Parkdale asset

A medical facility in Parkdale is being presented for sale amid heightened interest in suburban Melbourne investment opportunities. CBRE’s Julian White, Sandro Peluso, Dylan Kilner and Josh Twelftree along with Dan Magree from Magree Property Advisory (Transaction Manager) have been appointed to sell the 152 Como Parade asset which is currently occupied by Calvary Health Care. The property is improved with…

Historic Ascot House estate hits the market after 40 years

‘Ascot House’, a Victorian mansion built in 1860 for Melbourne’s former first Lord Mayor John Thomas Smith, is being offered for sale for the first time in over 40 years. The CBRE Melbourne City Sales and Development Sites team of Nathan Mufale, David Minty and Leon Ma have been appointed to market the 50 Fenton…

21.10.2019

Major hospitality offering in Melbourne’s CBD retail core

A major retail and hospitality building moments from Melbourne’s Bourke Street mall is set to hit the market. The CBRE Melbourne City Sales team of Mark Wizel, Julian White, Nathan Mufale and Chao Zhang has been appointed to sell 384-386 Bourke Street – a substantial two-level retail and hospitality building which offers further development potential, subject to the relevant planning approvals.…

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