Luke Peric News Today

A foreign owner-occupier has purchased a 126 square metre strata office on the corner of Queen and Flinders streets for $1.22 million.

A slice of Melbourne’s history is for sale, with the former home of the city’s first restaurant, Toto’s Pizza House, on the market in Carlton.

A businessman scrolling social media while on holiday in Italy saw a South Melbourne building listed for sale. Despite never setting foot inside he snapped up the property for more than $6m.

Well-located industrial property assets with access to transport links remain in strong demand in Melbourne’s north.

Alternate headlines:  Private investors capitalise on commercial properties as rate hikes scare competitors Private investors snap up commercial properties on lower competition  Sale transactions of

While some businesses head to the suburbs, others are heading back into the heart of the CBD.