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$90m Melbourne CBD development site opposite Flagstaff Gardens for sale
7+ hour, 54+ min ago (432+ words) “Park-fronted CBD sites with multi-tower capacity are virtually non-existent anymore,” says Cushman & Wakefield international director Oliver Hay, of 388 William Street, dubbed ‘The Trilogy ’, which has recently come to market. “This would represent the largest park-fronted site in the CBD available…...
AI race fuels record data centre boom across Asia-Pacific as Australia takes lead
1+ day, 3+ hour ago (750+ words) Data centre construction has accelerated dramatically and will continue to surge as developers race to beat the formalisation of government policies around artificial intelligence. Half-yearly data shows development across the Asia-Pacific reached a record 26.5 gigawatts, with the region adding 7.1 gigawatts…...
Guy Grossi signs on for two hospitality venues at Fortis’ Richmond Square
2+ day, 5+ hour ago (494+ words) Famed chef and restaurateur Guy Grossi will run two ground-floor hospitality tenancies at Richmond Square, an almost completed mixed-use development in inner-city Melbourne. One of Australia’s best-known culinary identities, Grossi worked under his father Pietro as a teen before taking…...
Queensland carbon and grazing portfolio bigger than Brisbane selling for $40m-plus
2+ day, 6+ hour ago (799+ words) As carbon demand surges, a rare South West Queensland natural capital and cattle grazing portfolio larger than Brisbane enters its final hours on the market. One of Australia’s largest carbon sequestration opportunities – comprising five established human-induced regeneration (HIR) projects – is…...
8 quirky commercial listings for sale right now across Australia
2+ day, 5+ hour ago (984+ words) From a ski-in, ski-out soup kitchen to a country pub with spooky ghost stories, these unusual properties offer buyers much more than just an investment opportunity. For buyers seeking an investment with a story, and perhaps a lifestyle change as…...
Boston University's Sydney student hub sold for $72.5m as Scape expands in Chippendale
2+ day, 23+ hour ago (1125+ words) A student accommodation complex that has welcomed generations of Boston University students to Sydney is set for a new chapter, opening to the broader student market after changing hands in a $72.5 million deal. Developer The Living Co has acquired the…...
Rare Springvale warehouse with caretaker’s residence hits market for $1m
3+ day, 55+ min ago (652+ words) With its natural stone benchtops, timber flooring and balcony off the open-plan living area, this one-bedroom apartment looks like it belongs anywhere but an industrial park. But appearances can be deceiving. It sits atop a 110 square metre warehouse in the…...
Merewether Surfhouse sells for $27m as Burleigh Pavilion founder Ben May buys Newcastle landmark
3+ day, 55+ min ago (1394+ words) The Merewether Surfhouse, overlooking one of Australia’s most famous surf beaches and the southern hemisphere’s largest ocean baths, has sold for $27 million. Longtime Australian publican Ben May has reportedly snapped up the iconic three-storey venue at 5 Henderson Parade, Merewether, from…...
Iconic Phillip Island business Island Surfboards hits the market after 55 years
3+ day, 1+ hour ago (558+ words) Island Surfboards on Phillip Island, Victoria, is up for grabs, allowing surfers to hang 10 every day while operating a thriving business. Its operations are split between a flagship store and manufacturing headquarters at 147 Thompson Avenue, Cowes, and a second retail…...
Church-owned Gosford super-site offered with mixed-use vision
1+ week, 5+ hour ago (479+ words) A church property is poised to be the next big mixed-use precinct in West Gosford, NSW, attracting developers interested in existing plans to transform it into apartments, a 124-room hotel and commercial and medical spaces. The 12,500-square-metre holding at 19 Faunce…...