News and Events

Aged care provider pays $8.2 million for former Calder Rise Primary School

A local aged care provider is paying $8.2 million for a former primary school in Melbourne’s north-west.

The two hectare block at 32A Green Gully Road, Keilor, was contested by four bidders at auction yesterday.

The state government’s Department of Treasury and Finance listed the cleared Calder Rise Primary School … Read the full post »

Chinese investor buys Moonee Ponds’ Phillips Arcade for c$12 million

A Moonee Ponds shopping centre on nearly half an acre of land has been snapped up by a Chinese investor the day before a scheduled auction.

Private investor George Saade listed Phillips Arcade at 31-43 Puckle Street, last month.

It was set to be auctioned today.

The double-storey complex contains 1388 square metres of area, configured with 14 ground floor shops and a large upstairs office.

Phillips Arcade occupies an 1887 … Read the full post »

Victorian government lists former Calder Rise Primary School

Victoria’s Department of Treasury and Finance is offering another site, this time in Keilor, in Melbourne’s north-west.

The former Calder Rise Primary School, covering two hectares, is expected to sell to a residential developer for more than $8 million, sources speculate.

About 18 kilometres from the city, 32A Green Gully Road, on the north-east corner of Solomon Drive, is … Read the full post »

Excellent Result Achieved For The Latest School Site Sale In Brimbank At 27 Driscolls Road, Kealba

Melbourne Acquisitions is pleased to confirm the sale of the former Kealba Secondary College at 27 Driscolls Road, Kealba, which was facilitated by agents Dominic Gibson and Steven Messina (under instructions from the Department of Treasury and Finance) on behalf of the Minister for Education.

There was a high level of enquiry received for the site and a total of 11 tender bids received, resulting in a final price of $24,165,000.

Managing … Read the full post »

Opportunities To Add Value To An Investment Property

If you own or are considering owning commercial property in Melbourne, take the time to consider your investment targets and then look at the ways you can add value to a property as an investment over time.

There are quite a few good ways that you can boost property value, so set your plan and move on the opportunities that you can see.

So where do you start?  First and foremost, you … Read the full post »

Choosing the Right Rent Review Strategy for Your Investment Property

If you are going to negotiate a new lease in or for your investment property in Melbourne, it would be a wise move to consider in advance, some of the elements of the lease that you are looking to achieve.  One very good way to handle that is by setting a ‘standard lease’ approach with your property lawyer.

If you have a large investment property with several tenancies, or several properties … Read the full post »

8 Tips To Consider When Purchasing Commercial Property

When buying a commercial property in Melbourne, there are certain things to look for and investigate.  As an informed person, you can watch for the ideal property and market conditions to suit your budget.  ‘Timing is critical’ with property purchases, for all locations and property types.

If you are an investor now considering purchasing a property, there are certain precincts that are in high demand and active; research the property opportunities … Read the full post »

Observations About Commercial Investment Property in Melbourne

If 2016 is a good indicator in Melbourne, we can expect in 2017 that good quality investment properties will remain in solid demand.   Investors should plan their next acquisitions and set investment targets early.   You never really know when the next ‘ideal’ property is going to come onto the city or suburban investment market.

So, the message is in preparing for your next property purchase, action, or change early, by shortlisting … Read the full post »

10 Strategies for Improving Your Retail Investment Property

Most retail properties can be improved from an investment perspective. Whilst the location of the property can’t change, you can do things within the property that will very likely add value or investment stability. A well laid out business plan for the property can become an evolving strategy for the investor, assisting with maximising the assets potential value and income. A professional property and asset manager with experience in retail … Read the full post »

The Strategic Approach to Adding Commercial Property Value in Melbourne

In commercial or retail real estate investment in Melbourne, wherever and whenever possible formulate your tenancy, lease, and monetary decisions with a bias towards the value that you can add to the investment. Consider the decisions you make ‘strategically’ to support the investment over time.

It doesn’t matter whether you own an office or retail property, the decisions that you make are always critical to the investment over time. In every … Read the full post »

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