Archives: Melbourne City Sales And Development Sites

The CBRE Melbourne City Sales & Development Sites team has established itself as a market leader in the implementation of strategic sales & marketing campaigns for properties within Melbourne’s CBD and Fringe markets.

With a keen eye for detail and a culture of possibility, our team has built up a strong and loyal following from the industry. We continue to think outside the traditional square associated with the commercial property industry, which has attracted buyer and vendor interest from many corners of the globe over the past decade.

We have a strong track record and expertise across various asset types within Melbourne’s CBD and City Fringe market, transacting properties ranging in price from $1,000,000 – $150,000,000.


Greyhound Hotel site sells for $6.25m

The former site of the Greyhound Hotel in St Kilda has sold for $6.25 million. Located near the corner of Brighton Road and Carlisle Street, the 911sqm property was home to a pub for 163 years through to 2017. It was sold via a mortgagee auction to a local developer. The 1 Brighton Road site…


Owner occupiers drive demand in Melbourne’s city fringe market

Owner occupiers are leading the charge in Melbourne’s city fringe office market, having snapped up three buildings in two days for a combined total of close to $7.8 million. CBRE’s Julian White, David Minty and Dylan Kilner negotiated the sales, following significant buyer interest in all three properties.  Property Address Price Buyer  1/617 Spencer Street, West Melbourne  $2,800,000  Owner occupier…


Melbourne CBD tower site tipped to attract local and offshore buyer interest

One of only a few remaining permit approved Melbourne CBD sites is set to hit the market in November. Located at 58 La Trobe Street, in the northern end of the Melbourne CBD, the site encompasses a land area of 644sqm and is currently utilised as a Wilson operated car park. The site is located…

TGI Fridays tenancy in Freshwater Place sells under the hammer

The Freshwater Place home of TGI Fridays has been sold under the hammer for $6,532,500. The CBRE Melbourne City Sales team of Julian White, Nathan Mufale, Alex Brierley and Leon Ma steered the auction sale in front of a crowd of approximately 100 attendees. Four bidders fought it out to secure the two-level, 461sqm strata shop, which sold under the hammer…


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…


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…


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.…


B2B Lawyers moves to sell East Melbourne office

CBRE has been appointed to manage the sale of a Victorian heritage office building adjacent to the landmark Melbourne Cricket Ground. 76-78 Jolimont Street, East Melbourne comprises a three-level freestanding office building with nine car parking spaces in the prestigious suburb of East Melbourne.  CBRE Melbourne’s City Sales team of Julian White, Josh Rutman, Nathan Mufale and Chao Zhang will manage…


ANIBT space presents Melbourne’s largest strata office offering for 2019

The Australian National Institute of Business and Technology (ANIBT) has listed its current Melbourne CBD headquarters for sale as it prepares to relocate to larger city fringe premises.

The CBRE Melbourne City Sales team of Julian WhiteNathan MufaleAlex Brierley and Chao Zhang has been appointed to represent ANIBT on the sale of the sale of the two strata floors, situated on levels 7 and 8 of 474 Flinders Street.


Caltex divestment to tap strong apartment market

             – 25 metropolitan development sites on the market – Caltex Australia has engaged CBRE and Stonebridge to put 25 properties to market in the first tranche of a 50 property divestment strategy. The service station/convenience store properties -16 in New South Wales, seven in Victoria, one in WA, and one on the Gold Coast…


Suburb Snapshot – Prahran

By day, pedestrian-friendly Greville Street and the adjoining Grattan Gardens have a cloistered, village-like feel that only Yarraville can match. Residents take their time over coffee or grocery shopping at Prahran Market and there are relatively few offices to bump up the pace. The eastern end is even quieter. Beyond Williams Road, the streets are…

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