Auctioneer Raoul Salter calls for bids at the freehold at 77-79 Little Malop St, Geelong, home to Beavs Bar. A Melbourne-based investor has snapped up the freehold property that's home to Beav's Bar in Geelong's Little Malop St The buyer was the only person to raise a hand at Friday's lunch time auction for the prime central Geelong property. A bumper crowd which drew plenty of people, including real estate agents and property valuers, out of nearby offices, witnessed the property at 77-79 Lt Malop St passed in for $3.

https://www.realcommercial.com.au/news/home-to-popular-bar-in-geelongs-west-end-sells-at-auction

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Ray White Double Bay's Adam Reichman had a $14m guide. It sold for circa $16m. High-profile property developer Rafi Assouline has sold a block of apartments at a prominent Bondi Beach site for circa $16m — $2m more than the price guide. The block of nine — eight one-bedroom unit and one two-bedroom courtyard units — at 1 Jaques Ave , a block from the beach, went to August 24 auction with a $14m price guide via Ray White Double Bay's Adam Reichman. At the auction, there were two registered parties, including an overseas-based buyer, though neither made a bid.

https://www.realcommercial.com.au/news/property-developer-rafi-assouline-sells-bondi-beach-apartment-block-for-circa-16m

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Landlords are competing against remote and hybrid work arrangements to get workers back into the city full time. On-site skin specialists, dentists, childcare and other left field options are among the services commercial property owners have been warned may be necessary to lure more workers back into CBD offices post-Covid. Concerned about a perceived dwindling in productivity, office landlords need to reimagine the concept of ‘the workplace' to get workers out of the spare rooms and into the city, according to Natalie Slessor, Executive Managing Director at CBRE Pacific.

https://www.realcommercial.com.au/news/commercial-offices-onsite-specialists-dentists-childcare-to-get-workers-back

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The prized merino sheep stations Boonoke and Wanganella are being listed following the death of stockbroker Colin Bell, while his estranged wife Donna-May Bolinger continues her claim against his residential estate. Bell held a stake in the massive Riverina and central-west NSW farming portfolio near Deniliquin, Hay and Coonamblem that stretches 225,405ha. The 18 Australian Food and Agriculture Company (AFA) farms extend over 306 titles that could be worth in excess of $700 million, depending on the water entitlements and crops and livestock, according to Linda Rowley from the website Sheep Central.

https://www.realcommercial.com.au/news/700m-sheep-stations-for-sale

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No.530 Waddamana Rd, Hermitage. Picture: Supplied IT has been three decades since this Central Highlands property was last on the market — and its next owner could come from an array of different sectors. The historic Hermitage farm is 4353ha, and so large that it was gazetted as a locality of its own in 1966. Currently, it is the most expensive property for sale in Tasmania on realestate.com.au. It is listed for sale with Rob Dixon and Mark Ranicar of Knight Frank Tasmania, with expressions of interest closing in early November.

https://www.realcommercial.com.au/news/extraordinary-hermitage-farms-first-time-on-market-in-32-years

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Little Norfolk Bay at No.5927 Arthur Hwy, Taranna, is on the market. Picture: Supplied FOR anyone seeking a lifestyle change in Tassie, this could be the perfect opportunity. Taranna's Little Norfolk Bay is an events and accommodation venture — well-established and located in a gorgeous corner of Tasmania. Alongside its four luxury chalets, the property also has a caretaker's residence. Kate Storey Realty director, Kate Storey, said it would be ideal for a 'lifestyle charger'. 'A buyer seeking some of the cleanest air in the world and wanting to step back and enjoy life and coastal living, would be perfect,' she said.

https://www.realcommercial.com.au/news/lifestyle-changer-make-your-move-before-sydney-qld-buyers

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A deceased estate in the Hills District is for sale with approval for 16 housing lots. One of the Hills Shire's most recognisable properties has been listed for the first time, with developers tipped to line up in droves. Set on a 12,031sq m block and with three street frontages, the site at 2 McIntyre Pl in Castle Hill is a deceased estate which has a residential dwelling, tennis court and swimming pool as well as landscaped surrounds. The property comes with an approved development application (DA) and construction certificate (CC) for 16 residential housing lots.

https://www.realcommercial.com.au/news/deceased-estate-in-castle-hill-listed-with-approval-for-16-housing-lots

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The upcoming sale of a key asset in one of Geelong's most prominent industrial precincts opens the door to fresh development in the area. Local and Melbourne buyers are among those mulling options for the 5878sq m parcel of land with a warehouse at 156-162 Marshalltown Rd, Grovedale. The Industrial 1 zoned property is expected to sell for circa $6m. Colliers selling agents Ned Tansey and Jonathon Lumsden said the location and versatility of the site was the key for buyers. It is surrounded by prominent national brands including Total Tools, National Tiles, IGA, Bounce and Barbeques Galore.

https://www.realcommercial.com.au/news/prominent-neighbours-underscore-value-of-prime-grovedale-industrial-site

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It started off with two houses to make way for a triplex, but then the neighbours got excited and five homeowners ended up with a surprise windfall totalling $31,750,000. Ist City Projects partner Yaron Foghel was approached by developer DCN Capital to secure a quality new site to make way for the boutique block of three units with views. 'I knew one of the owners at 3 Andrews Ave and he was open to the idea, so he suggested we have a meeting with his neighbour at No.1,' Foghel said. Those homes were attractive because they were north-facing; in a small, quiet cul-de-sac; only a few hundred metres to Totti's Restaurant; and ideally positioned between Bondi and Tamarama beaches.

https://www.realcommercial.com.au/news/bondi-homeowners-reap-3175m-to-make-way-for-11-luxury-apartments

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A new Woolworths shopping centre in the Illawarra/Shoalhaven region has sold for $40m. A brand new Woolworths shopping centre in the Illawarra-Shoalhaven region has sold before it had a chance to hit the public market. The three-year-old Woolworths Bomaderry Shopping Centre was quickly snapped in an off-market sale for $40 million to a Victorian private investor. Constructed in 2020 by Fabcot, the shopping centre is anchored by a Woolworths and BWS, and also has a gym, medical centre, pharmacy and four specialty tenants.

https://www.realcommercial.com.au/news/woolworths-bomaderry-shopping-centre-sells-for-40m

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Sales image from inside a former Sydney brothel which sold for $5.6m. A former Sydney brothel which ran for 20 years, describing itself as a 'space to blow clients' minds', sold for a massive price. Property records reveal the former 'erotic venue' on Victoria Ave Chatswood sold for $5,610,000 at auction in April. The site near the Chatswood CBD, which was vacant at the time of sale, is alleged to have operated for close to 20 years and had eight showers and multiple rooms of mirrored walls.

https://www.realcommercial.com.au/news/former-chatswood-brothel-site-sells-for-more-than-5m

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145 – 153 Sutherland Road, Jannali, NSW 2226 A rare slice of land in southern Sydney has sold for just $3.99 per sqm, in a jawdropping sale that 'will never be seen again'. Buyer's Agent Tas Costi of Costi Cohen has secured for a client 10,270 sqm of land in the Sutherland Shire at auction for just $41,000 – that's around 5 per cent of the median value of a Sydney home. Costi said the property at 145 – 153 Sutherland Road, Jannali , 'presented a rare opportunity to secure a significant C2 Zoned land close to Jannali Train Station and multiple community facilities'.

https://www.realcommercial.com.au/news/10000-sqm-for-41k-sydneys-mindblowing-property-buy

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A site on Sydney's North Shore with luxury development approval is on the market. A North Shore site with the green light for a luxury development has been described as 'one of the most compelling' on the market. The site is in the heart of Crows Nest, at 82-90 Alexander St , with approval for a boutique development to include 25 luxury apartments and ground floor retail. With a combined over 1200sq m and the ability to generate substantial holding income, the agents say 'this will be one of the most compelling development offerings brought to market this year'.

https://www.realcommercial.com.au/news/crows-nest-luxury-development-site-on-alexander-st-comes-to-the-market

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Late-night institution the Embassy Cafe is up for sale. The future of late-night Melbourne institution the Embassy Cafe has been brought into question after the famous site was served up to the market. Operating out of a prime location on the corner of Spencer and Roden Streets since 1962, the CBD stalwart and an adjoining service garage on a separate title could sell for a total of about $6m. But with the Embassy now on a month-by-month lease term, it has raised questions about the future of the 24/7 cafe as developers and investors eye off the combined properties.

https://www.realcommercial.com.au/news/embassy-cafe-latenight-melbourne-institution-24hour-diner-served-up-to-market

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A mural by artist Angus White is painted on 367 St Georges Rd, Fitzroy North. A house and shopfront in Melbourne's inner north featuring a colourful mural paying homage to its history as a toy manufacturer has hit the market. The double-storey Victorian-era building at 367 St Georges Rd, Fitzroy North , is located in a commercial one zone. Nelson Alexander's Janine Ballantyne said the home was originally built as a toy workshop. RELATED: Melbourne murals: Street art draws in buyers as Rone rooftop terrace goes on sale Nonna's House: Italian sandwich shop run out of Fitzroy North home served up to market After buying the property seven years ago, the owners undertook an 'extensive renovation' which transformed it into a three-bedroom house and workspace.

https://www.realcommercial.com.au/news/fitzroy-north-playful-mural-adorns-extoy-manufacturer-building-turned-into-home-and-shopfront

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The warehouse shell at 85-89 Faraday St, Carlton, is in a former tie factory. A historic Carlton warehouse shell featuring graffitied interiors that has seen better days is for sale with a $2.7m-$2.9m asking range. With 340sq m of floor space, the building at 85-89 Faraday St is part of a larger site that was developed into a watch case factory by businessman George Tilley in 1941. After making products for the likes of Rolex, the location became home to Austico Tie Company, now Austico Apparel, which manufactured ties and men's accessories.

https://www.realcommercial.com.au/news/carlton-heritagelisted-former-tie-factory-featuring-graffiti-terrace-house-could-sell-for-27m

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Chateau Barossa and Lyndoch Hill are up for grabs. Picture: supplied. It's long been regarded as one of the Barossa's most iconic tourism venues, famously opened by Queen Elizabeth two decades ago. But now, Chateau Barossa and Lyndoch Hill are ripe for the picking with cashed-up buyers sought to take over the historic estate. Offered to the market for the first time in 15 years, the 10.12ha property at 1221 Barossa Valley Way, Lyndoch , is expected to fetch well over $11m, with buyer interest already being fielded from Australia and overseas.

https://www.realcommercial.com.au/news/chateau-barossa-and-lyndoch-hill-offered-to-market-for-first-time-in-15-years

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One of the venues that was a pioneer to Geelong's West End hospitality and entertainment strip has been listed for sale. The freehold to the home of Beavs Bar at 77-79 Lt Malop St will be offered at auction on October 6. The popular bar is not part of the sale and continues to operate under an existing lease. Darcy Jarman Newtown agent Tim Darcy said the 1877 landmark is expected to eclipse other properties that have sold in the vicinity in Geelong's CBD in recent months, due to the fact it holds a liquor licence.

https://www.realcommercial.com.au/news/home-to-popular-bar-in-geelongs-west-end-precinct-is-selling

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A FARM in a container comes with many upsides, and there is one for sale in Tasmania. Its representatives believe it is a one-of-a-kind of this size in the state. The climate-controlled, insulated container farm — known as Vertical Pastures — measures 40-feet x 8-feet and 9.5-feet high. Praveen Pant and Paul Scott from Tasmanian Business & Property Sales say it can yield up to the equivalent of over 1ha of farmland using only 18 litres of water per day. 'That is about 1 per cent of the water used in a traditional farm,' Mr Pant said.

https://www.realcommercial.com.au/news/vertical-pastures-farmings-bold-future-has-landed

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Clem Newton-Brown has listed his award-winning island and accommodation business, Picnic Island, for sale with Knight Frank and Sotheby's. Pictures: Supplied ONE of Tasmania's handful of freehold islands is set to test the market seeking about $5m. Picnic Island has been owned by former Victorian state politician Clem Newton-Brown for 20 years, and for many years was his family's holiday campsite. Mr Newton-Brown developed the island into an award-winning tourism destination, in its prime position near Wineglass Bay, the Freycinet Peninsula, and with the Hazards Mountain Range as its backdrop.

https://www.realcommercial.com.au/news/spectacular-east-coast-island-set-to-fetch-millions

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99-101 Lygon St, Carlton, formerly Toto's Pizza House and now an Oporto, is for sale. Toto's founder Salvatore Della Bruna, left, and Franco Fera make pizzas on-site in 1975. Pictures: Supplied. A slice of history is up for sale with the former home of Melbourne's first pizzeria-turned Portuguese chicken restaurant seeking a new ‘crust-odian'. Toto's Pizza House founder Salvatore Della Bruna opened the doors of 99-101 Lygon St, Carlton, in 1961. Mr Della Bruna brought the concept of a dedicated pizza restaurant from his childhood home of Naples, Italy, to Melbourne.

https://www.realcommercial.com.au/news/carlton-hot-chance-to-buy-lygon-st-restaurant-formerly-home-to-totos-pizza-house-now-oporto

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Land on Camden Valley Way, Leppington is up for sale with approval for more than 100 homes. A parcel of land with the green light for a thriving residential community in Sydney's southwest growth corridor is up for sale. The 4.56 hectare site, at 1382-1402 Camden Valley Way in Leppington , comes to the market with approval for a new estate with more than 100 homes. The landholding, known as Leppington Estate, has price expectations over $20m. The site has DA approval to be transformed into a residential subdivision across three stages along with additional land for further development plans to build over 50 residential units.

https://www.realcommercial.com.au/news/land-in-sydneys-southwest-corridor-hits-market-with-approval-for-more-than-100-homes

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106 Glen Osmond Road, Parkside. Pic: realestate.com.au The purr-fect investment doesn't exist, or does it? With an annual rent return of $82,634.75, seven individually leased tenancies in place, including popular cat cafe, MeowMe, 106 Glen Osmond Road, Parkside , has all the makings of the perfect investment – and buyers seem to agree. 106 Glen Osmond Road, Parkside. Pic: realestate.com.au 106 Glen Osmond Road, Parkside. Pic: realestate.com.au 106 Glen Osmond Road, Parkside.

https://www.realcommercial.com.au/news/purrfect-investment-property-and-home-of-meowme-cat-cafe-up-for-grabs-in-parkside

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A brothel in Melbourne's southeast is still on the market after more than two months. Australia's former top brothel is proving sex does not sell after failing to find a buyer in more than two months. Club 8, located in an industrial precinct of Springvale in Melbourne's southeast, hit the market in late June with price hopes of about $2.1m-$2.2m. This sex den would return a yield of about 6 per cent for the investor who decides to take it on, with the club currently returning an annual rental income of $135,000.

https://www.realcommercial.com.au/news/australias-former-top-brothel-still-looking-for-a-buyer-after-2-months-on-the-market

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124 and 128 Alice Street, Goodna, is now owned by its neighbour Westside Christian College. A Greater Brisbane private school has beaten six other buyers to snap up a massive 1.96ha neighbouring site which had been earmarked as a potential 32 lot residential subdivision. The highly regarded school in Ipswich in the Greater Brisbane region paid $2.5m for the site which was designated residential low density with preliminary conceptual plans for a housing subdivision. MORE: Dilapidated Brisbane home listed for $1.

https://www.realcommercial.com.au/news/private-school-beats-six-other-buyers-to-snap-up-subdivision-site

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An artists impression of a potential transport facility at 35 Crowle St, North Geelong. Geelong's port operator is touting a strategic site for a purpose-built logistics hub next to the Spirit of Tasmania terminal at Corio Quay. The 38,000sq m parcel of land at 35 Crowle St, North Geelong , would allow occupants to design and built their own purpose-built facility within the GeelongPort site on Corio Bay. CBRE agents Todd Grima, Harry Kalaitziz and Tom Hayes are calling for expressions of interest to lease the property, closing November 1.

https://www.realcommercial.com.au/news/geelongport-offers-strategic-hub-next-to-spirit-of-tasmania-terminal

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Glenn Calvert sold the Bairnsdale theme park he and his family built up over 30 years in one of 2022's more unique property sales. Picture: Alex Coppel. Unusual property sales had a bumper run in 2022. Among those scoring sales were a Willung South castle, a Yackandandah house made to look like a barn, a fantasy reception and accommodation centre in Crossover and a very artistic David Bromley residence. And Valuer-General records indicate dozens of 2022's commercial sales were for brothels, cinemas, crematoriums and nightclubs.

https://www.realcommercial.com.au/news/victorias-most-unusual-sales-highlighted-valuer-generals-2022-real-estate-report-card

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Build to Rent complex ‘Realm Caulfield'. Picture: supplied Australia's build-to-rent industry is rapidly maturing as it heads towards a massive 55, 000 apartments across major capitals, and big investors jockey for position. The race for ascendancy in the sector is already taking shape, with big portfolio plays in train as the largest players seek to expand or exit the field. In one of the first moves so far in the consolidation of the fast-growing area, US player Hines is in due diligence to acquire two key sites from Brisbane-based operator Arklife.

https://www.realcommercial.com.au/news/building-up-portfolio-deals-on-units-getting-done-as-rents-soar

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A hive of activity during SPAR Westlake's grand opening at The Hub Westlake in May this year. Picture: Facebook/TheHubWestlake A popular neighbourhood shopping centre in Brisbane's southwest has sold to a private investor for $11.46m. The Hub Westlake showed the market strength of essential services given its sale was sealed despite recently subdued commercial property sales. MORE: Housing relief: RBA interest rate at 4.1pc for fourth month Essential services were the linchpin for the success of the centre according to the former owners.

https://www.realcommercial.com.au/news/popular-brisbane-neighbourhood-centre-sells-for-1146m

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One of Sydney's most recognisable buildings opposite Central Station, used as an infirmary in the 1920s, is on the market. The 246sq m corner site is in the Tech Central precinct, at 36 Regent St Chippendale, and has a price guide of $7 million. Agent Colliers says the building is one of the most recognisable in the area and is 'arguably the best position within Sydney's highly sought after fringe market'. It is heritage listed and has a rich history having been built in 1926 in memory of former NSW Premier John Storey.

https://www.realcommercial.com.au/news/former-1920s-infirmary-site-for-sale-in-chippendale

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