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Lightning strikes into Victorian territory by Sydney bar king Justin Hemmes and the staggering $33 million sale of the Boundary Hotel in East Bentleigh have drawn new assets to market.
Yield-hungry investors appear to have forgotten that Hungry Jack’s, and other fast food chains, cut back on rent payments during the pandemic, hurting retirees.
Southbank hotel site back on the market We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Liquidators have called time on a Southbank development site that is back on the market for the third time in five years. The project at 63-69 City Road, was to be the first Melbourne building for Jason Chong’s Malaysian-based Cornerstone Partners Group which had signed up UK hotel group Yotel. 63-69 City Road. Credit: Demolition had already started, with No.67 razed despite being listed as contributing to local heritage. No.63 still s...
The CBD is waking from its slumber and businesses are snapping up locations to take advantage of greater foot traffic.
Fitzroy sets a new standard with hotel chain We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement How many Standard Hotels can Fitzroy handle? Developer DealCorp has struck a deal with international accommodation chain, The Standard Hotel, for a site in the heart of Fitzroy. The 1132 sq m site is at 62 Rose Street, on the corner of Fitzroy Street, where, walking south past Johnston Street, you can also find one of the suburb’s best pubs, the Standard Hotel, which has been in situ since 1865. DealCorp has struck a deal with cult...