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.



Known as Melbourne’s second city, Dandenong is located approximately 29km* south-east of Melbourne’s CBD. Dandenong is traditionally the social and economic centre of Melbourne’s south east and is responsible for roughly half of Victoria’s total manufacturing output, making it one of Victoria’s leading urban renewal locations. Over the past 10 years, the State government and…


What’s New in the Office Space?

Countless questions are currently being posed about what the potential longer-term impacts of the pandemic on the office sector may be, and what challenges and opportunities may arise as a result. Whilst uncertainty prevails, larger tenant commitments to new space in existing and new buildings are mostly on hold across the Melbourne CBD and metropolitan…


Collective Capital snaps up $20m Frankston office

– Defensive tenancy profile behind off-market purchase – National property investment group, Collective Capital, has snapped up one of the most significant office buildings in Melbourne’s south-eastern bayside with the off-market purchase of a Frankston property valued at circa $20 million. In a deal brokered by CBRE Director Investments, Mark Wizel, with Directors Melbourne Middle…


AVARI Capital in $38.5m West Melbourne purchase

Sydney based Australian funds management firm AVARI Capital Partners is behind the second notable commercial sale in West Melbourne in a week with the acquisition of a West Melbourne office building for $38.5 million. Whilst Avari Capital Partners is an Australian Based and owned funds management company, it is understood that they have strong links…


Prominent developer makes $9.5m play for West Melbourne site

One of Melbourne’s most active private development companies has added a 920sqm parcel of land to its holdings as experienced developers continue to show confidence in the city’s residential market. The sale of 102-108 Jeffcott Street, West Melbourne, was concluded at a price of $9,500,000 – reflecting a healthy underlying land rate of just over…


Major off-the-plan office transaction completed

Cedar Woods has completed the $25.93 million sale of the new Emergency Communications Facility in Williams Landing. The pre-sale of the 107 Overton Road asset to Hellenic Property Investments was steered by CBRE Melbourne Middle Markets agents Scott Orchard, Lewis Tong, Mark Wizel and Josh Rutman, with Hellenic represented by JGS Property. The transaction was…


St Kilda’s Barkly House office building for sale

Barkly House, a city fringe office investment of 1,563sqm* has hit the market this week and will be going to auction. The 950sqm* landholding, which features a the three-level office building, is fully leased to a variety of long-standing tenants and is nearby to the iconic St Kilda Foreshore, Luna Park and St Kilda Botanical…


Official Press Release: The Tea House – 28 Clarendon Street, Southbank

Highly active investment and development company CostaFox has acquired Melbourne’s iconic Tea House building at Southbank for $28 million. CBRE’s Melbourne Middle Markets team negotiated the off-market sale on behalf of a Melbourne-based investor who had owned the 28 Clarendon Street building for just over 10 years. Built in 1888 and known as the “Robur…


Investors to circle Melbourne CBD’s Tomasetti House

 The ornate Tomasetti House in Flinders Lane is being brought to market following a shortage of sub-$100 million office investment opportunities in the Melbourne CBD.  The 3,814sqm commercial building at 277-279 Flinders Lane was once one of the largest buildings in the CBD and is being offered for international sale by CBRE Melbourne Middle Markets,…

Office buildings to attract slew of investors and occupiers

Following several significant leasing and sales results in 2019, the owners of three adjoining Melbourne commercial buildings have elected to take them to market, despite recently achieving a major planning permit across the combined site.   The properties, clustered on the corner of Spencer and Jeffcott Streets in the north-western corner of Melbourne’s CBD, will…


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…

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