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Prime Property: Melbourne’s Best Suburbs

by on December 30, 2021 0
Melbourne is often recognized as one of the best cities to live | Source: Getty Images Frequently on the list of the world’s most livable cities, Melbourne has rightly earned a reputation as a culturally vibrant, exciting and beautiful place to live. Characterized by a thriving cafe culture and culinary scene, people of... Read More

[+] Sales slow as hotel market recovers

by on December 7, 2021 0
Up to 15 Australian hotels have been closed this year due to sellers’ unrealistic price expectations as buyers wait patiently for reasonable offers to be accepted. Two years of a global pandemic – with little sign of it really easing – means picky buyers can spend months haggling over prices while they wait for... Read More

Alfred rents the entire St Kilda Rd building

by on November 2, 2021 0
Alfred Health rented an entire office on seven levels adjoining his Prahran hospital. The eight-year commitment to 541 St Kilda Road (pictured, top) – 8,247 square meters and 126 parking lots – fills the rental recently vacated by Seek. Kenny Thorburn of Thorburn Commercial and Ben McKendry of Cushman & Wakefield represented the... Read More

Pelligra takes over the old Ramada Encore hotel

by on July 7, 2021 0
The Pelligra Group bought one of Melbourne’s largest suburban accommodation assets, the former Ramada Encore hotel in Dandenong, for $ 10.5 million. Now closed, the hotel in the city’s southeast has been sold by Phileo Australia, a developer and investor, who deregistered it two years ago. On the buyer’s side is Pelligra, a busy... Read More