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Former motorcycle store revs up CBD market


Former motorcycle store revs up CBD market
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The former home of longstanding retailer Peter Stevens Motorcycles has hit the market in the Melbourne CBD, complete with plans for a 10-level retail development above it.
The motorcycle dealership has exited the three connected buildings at 337-347 Elizabeth Street, having sold the property for $31.5 million two years ago to interests associated with developer Longriver Group.
Melbourne’s commercial property market is revving up. 
Since then plans were formulated for a $110 million retail tower, with the development winning council approval this year.
Together, the three existing buildings – of two and three storeys – along with the added value of a development approval could fetch as much as $38 million. ....

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Futuro consolidates Bourke Street tower in separate deals


Futuro consolidates Bourke Street tower in separate deals
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Sydney-based Futuro Capital has acquired the historic Tivoli Arcade, shops and car park on Bourke Street in Melbourne from their long-time owner, the Venton International, in a $73 million deal.
The acquisition gives Futuro control over the entire building at 235-251 Bourke Street, after last year striking an agreement to buy a 14-storey section of the tower from RMIT University for $133 million.
The Sydney platform was backed by investment partners Baring Private Equity Asia and Singapore-listed SLB Developments.
The acquisition gives Futuro control over the entire building at 235-251 Bourke Street. 
Futuro plans a major refurbishment of the property, with the arcade to be reworked as a high-end retail destination. ....

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Larkfield swoops on Mont Albert office in $28m deal


Larkfield swoops on Mont Albert office in $28m deal
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Frank Hargrave’s Larkfield group has snapped up a three-level office building in Mont Albert for about $28 million.
Records show Larkfield has settled on the property at 3-7 Hamilton Street in Mont Albert this month, paying $27.85 million on a relatively soft yield of 6 per cent.
3-7 Hamilton Street in Mont Albert.
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The 3720 square metre building was extensively refurbished by the vendors, Ballarat developer and property lender MacCap.
Colliers’ Peter Bremner, Andrew Ryan, Hamish Burgess and Trent Hobart negotiated the deal. ....

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Larkfield swoops on Mont Albert office in $28m deal

Larkfield swoops on Mont Albert office in $28m deal
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.

Glen Iris , Western Australia , Chris James , David Bourke , Luke Macintosh , Tim Lewis , Nicole Lindsay , Laing Orourke , Daniel Wolman , Quinn Reynolds , Rocdon Don Musto , Matt Stagg , Joel Wald , Burgess Rawson , Anthony Kirwan , Roxy Pacific , George Davies , Marcus Quinn , Royal Australian Institute Of Architects , Stock Exchange , Melbourne House , Mernda Convenience Centre , Telstra Business Centre , Viva Energy , Rocdon Development , Colliers International Oliver Hay ,

Larkfield swoops on Mont Albert office in $28m deal

Larkfield swoops on Mont Albert office in $28m deal
brisbanetimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brisbanetimes.com.au Daily Mail and Mail on Sunday newspapers.

Glen Iris , Western Australia , Chris James , David Bourke , Luke Macintosh , Tim Lewis , Laing Orourke , Daniel Wolman , Quinn Reynolds , Rocdon Don Musto , Matt Stagg , Joel Wald , Burgess Rawson , Anthony Kirwan , Roxy Pacific , Marcus Quinn , George Davies , Royal Australian Institute Of Architects , Stock Exchange , Melbourne House , Mernda Convenience Centre , Telstra Business Centre , Viva Energy , Rocdon Development , Colliers International Oliver Hay , Laingo Rourke ,