Archives: Melbourne Middle Markets (Offices)

In 2013 the CBRE Melbourne Middle Markets team was formed to cater for a market sector where office building owners were underserviced and required a more cutting edge and specialised team approach. This was also done in response to a shift in domestic and international buyer demand and diversification of their requirements across several geographies in Melbourne, and therefore a strategic alliance was created between agency operators in both the central city and metropolitan/suburban office markets.

With over 50 years of combined agency experience and through strong relationships with internal and external industry partners, our team provides clients a proven, innovative and energetic service offering in order to best position their office holdings to achieve a premium outcome.

Through hard work and perseverance over an extended period of time, the team has been privileged to act for some of Melbourne’s most high profile private and institutional owners, and has an unparalleled market share within the sub $100 million bracket of the Melbourne CBD, St Kilda Road, City Fringe and Metropolitan office market sectors.


Landmark Office Sale Signals New High for Commercial Investment Market

Following an international sales process, PACE Development Group has sold the currently under construction Collingwood office building in Melbourne’s city fringe. The sale was exclusively handled by the CBRE Melbourne Middle Markets team of Scott Orchard, Josh Rutman, Lewis Tong and Joseph Du Rieu, with the private purchaser being a new entrant to the Australian…


St Kilda Road office assets in hot demand

A partially refurbished and mostly vacant office tower in Melbourne’s St Kilda Road precinct has sold for almost $18 million. CBRE’s Melbourne Middle Markets team of Josh Rutman, Mark Wizel, Lewis Tong and Scott Orchard negotiated the unconditional sale of 1 Bowen Crescent, a property built by trucking magnate Lindsay Fox as offices for his Linfox company. The seven-level building, which…


Melbourne shrugs off economic headwinds with billion dollar quarter

Signs of economic headwinds failed to impact Melbourne’s office investment market in Q3, with $1.1 billion in assets traded according to new CBRE data. This was $410 million above the corresponding period in 2018 and boosted sales for the first three quarters of 2019 to $3.4 billion – a slight increase on the previous year.…


Melbourne office owners move to capitalise on strong market conditions

Developer Hengyi is moving to capitalise on surging interest in metropolitan Melbourne investment opportunities with the sale of the former Carlton & United Breweries headquarters in Abbotsford. The 2-6 Southampton Crescent property and a series of neighbouring warehouses – dubbed the Abbotsford Collection – have been listed for sale through CBRE’s Melbourne Middle Markets team…


Demand for metropolitan Melbourne investments underpins landmark office sale

A private Melbourne family has paid around $55 million for a landmark Hawthorn office building fully leased to Swinburne University. The 2 Luton Lane building comprises 5,660sqm of office space and occupies a strategic site near the corner of Burwood and Glenferrie Roads. CBRE Melbourne Middle Markets agents Scott Orchard, Josh Rutman, Mark Wizel and Lewis Tong together with Gorman Commercial’s…


Malvern office building reserve price smashed by 21 per cent

A two-storey office building in the affluent suburb of Malvern has sold at auction for $3,010,000, 21 per cent over the vendor’s reserve price. CBRE’s Melbourne Middle Markets team of Scott Orchard, Scott Hawthorne and Leon Ma managed the sale of the 1328-1330 Malvern Road property, with the sale price translating to a market yield of 4.21 per…


Red Cross to Sell Landmark Carlton Site

Australian Red Cross has listed its Carlton asset for sale in a move tipped to attract significant developer and investor interest.

Located at 165 Bouverie Street and 155 Pelham Street, the landmark site encompasses a land area of 2,039sqm and provides a combined street frontage of more than 90m.


Collingwood – A Vibrant Hospitality Hub Around The Clock

The History of Collingwood Established in 1838, Collingwood is one of the oldest suburbs in Melbourne, and has a rich cultural and architectural history. From the 1850’s onwards many industries were established in Collingwood. The suburb became the capital centre for footwear and textile manufacturing. By the 1860’s many of Collingwood’s grand public buildings were…


One Of Inner Melbourne’s Most Prestigious & Tightly Held Commercial Suburbs

An Established Commercial Precinct Where It’s All Upside Hawthorn, Hawthorn East and neighbouring Camberwell are within The City of Boroondara, which forms the largest Melbourne commercial office market outside of the Melbourne CBD and St Kilda Road precincts. Hawthorn’s Rental Growth Future The tightening vacancy rate in the Melbourne CBD has fallen to the lowest…


Malvern auction to tap into surging demand for city fringe office opportunities

Accounting firm Ibbotson & Moscatelli is moving to sell its long owned Melbourne headquarters after 12 years of occupation. Having outgrown the 1328-1330 Malvern Road building, Ibbotson & Moscatelli has appointed CBRE’s Melbourne Middle Markets team of Scott Orchard, Scott Hawthorne and Leon Ma to steer the sale campaign – providing a rare acquisition opportunity…


East Melbourne Property Update

East Melbourne is Synonymous with Wealth and Privilege, the suburb long having the reputation of being Melbourne’s most elite and prestigious location.  East Melbourne is renowned as the most elite residential precinct in Melbourne and is as close as you can get to the CBD. In a premium location, East Melbourne offers its residents an…


Melbourne Middle Markets Market Update – Tuesday 25th June

Positive investor sentiment in the marketplace has translated into sales, with a number of deals being finalised for strong prices, and savvy vendors are taking full advantage.

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