GURNERTM Acquires historic Prahran site for planned $40m second ‘CLUB MAISON’
Luxury and lifestyle developer Tim Gurner GURNERTM has announced the acquisition of an historic former bluestone church, and former Sunday school hall site, at 145 – 151 High Street, with plans to deliver its second private residences and club concept - Club Maison.
Two Melbourne apartment development sites sold in Abbotsford and Balaclava by JLL
Melbourne inner-city fringe development opportunities heat up. JLL Senior Director of Capital Markets VIC Josh Rutman and Associate MingXuan Li together with Sutherland Farrelly’s Paul Farrelly brokered a development site sale at 30-40 Flockhart Street, Abbotsford Circa $14 m to a local private...
Luxury Brighton Development Site sold to offshore developer $12.2m sourced through Savills Macau
An offshore developer sourced from the Savills Macau office has snapped up a premium development opportunity in one of Melbourne’s most prestigious locations for $12.2 million. Halifax street site Brighton sold by Benson Zhou and Julian Heatherich of Savills Australia on behalf of vendor World...
A vacant Toowong office building sold $10.72m to apartment developer by Colliers
A Toowong commercial office building sold with development approval for more than 100 units has been sold for $10.72 million. Sam Biggins and Brendan Hogan of Colliers facilitated the sale of 56-58 Sylvan Road sold on behalf of WINIM Funds Management.
Elanor Investors Group ACT development site sold $14m by Savills
An Elanor Investors Group Fund owned prime site of 6,049 sqm Town Centre mixed-use development site sold for $14.0 million to Sydney based developer prior to the close of the Expressions of Interest campaign by Andrew Stewart and James Girvan of Savills Australia.
Victorian Landowners Unite to Create Major Englobo Sale by Stonebridge
Three consecutive land parcels at Lots 1, 4 & 5 Starling Road Officer sold at the conclusion of an international expressions of interest campaign. The three properties were marketed and sold Stonebridge Property Group Julian White, Dylan Kilner and Chao Zhang.
Gungahlin Town Centre sites sold for over $20 million Colliers
Four mixed-use sites in Canberra Gungahlin sold at auction today for a combined $21.25 million. Competition for these prime sites was strong, Colliers Director Residential Land Josh Reid said.
Melbourne Land Prices Increase but Geelong was Victoria’s top performer Oliver Hume
Geelong was Victoria’s top performer for land prices in the March quarter 2021 where most municipalities recorded increases in value according to the latest Oliver Hume Quarterly Market Insights report.
Major Western Sydney resi development site sold at auction for $26+ million
A Sydney Based developer has acquired a 25,000 sqm site for just over $26 million, selling under the hammer at an auction. Cushman & Wakefield Yosh Mendis and Next Commercial Anthony Bray managed the sale with Jesse Davidson from auctionWorks running the auction.
Award-winning urban planner says we need to rebadge CBDs as ‘mixed-use urban centres
Award-winning urban planner Mike Day Hatch RobertsDay says we need to rebadge CBDs as ‘mixed-use urban centres’ – and offers 6 solutions for councils to attract people back.