The coalition’s efforts in improving childcare affordability is filtering into the commercial property sector, with strong results seen at the end of 2017 for freehold childcare investments.
– Former bookmaker and Betstar founder Alan Eskander has sold a Southbank office property for $5.85 million – more than double what he paid for the site in 2013.
As recent results from the PCA show Melbourne as the lowest vacancy CBD market in Australia, the city’s suburban office market has been re-rated by offshore investors, who snapped up close to $540 million in non-CBD commercial assets in 2017 – up 30% on the previous year.
Well-known hospitality operator Retail Savvy Group has acquired a Cremorne warehouse for $5.75 million.
A major Melbourne commercial carpark with planning approval for a dual tower residential/mixed use development has been listed for sale.
Melbourne, 30 January 2018 – A major Melbourne commercial carpark with planning approval for a dual tower residential/mixed use development has been listed for sale.
A commercial building in the tightly held pocket of East Melbourne has sold for $12 million after eight strata owners banded together to sell their prime development opportunity.
A fully leased state-of-the-art brand new childcare centre has been listed for sale in Oakleigh South.