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Owner-occupiers, buoyed by low interest rates and the looming return to the office, are snapping up new premises in the suburbs and CBD fringe.

Strata shop sells $60,000 above reserve We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Carnegie An investor paid $60,000 above reserve to outbid several rivals for control of a strata-titled shop in Jonathan Hallinan’s development at 274 A, B, & C in Neerim Road. The property was knocked down for nearly $2.56 million, or $6642 per sq m, Teska Carson’s George Takis said. The result reflects a strengthening market for strip retail despite COVID-related issues, he said. Sold with vacant possession, the 392 sq m ground-fl...

Landmark St Kilda holding for sale as renaissance beckons We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Longtime Fitzroy Street landlord Freddie Warschauer is selling up properties his family has held on the strip for decades and could reap more than $16 million from the deal. Mr Warschauer is offloading three properties at 7-15 Fitzroy Street, the gateway corner between the Esplanade and the once thriving hospitality strip. Three buildings at 7-15 Fitzroy Street in St Kilda are for sale. Credit: Allard and Shelton agent...

Arrow Capital pays $10m for Clayton warehouse We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Clayton South Arrow Capital Partners have swooped on a large single-storey warehouse and office building with 7200 sq m of gross leasing space at 110-112 Fairbank Road and 199A Obsorne Avenue. Colliers International’s Jonathan Mercuri said the industrial facility sold with a seven-year WALE under a lease to MPM Marketing Services. The property fetched $10.4 million. South Melbourne A vacant 340 sq m three-level warehouse conversion at 23 Union...

Article content The parent company of the “Dunn’s Famous” deli-restaurant group has been awarded about $500,000 for trademark infringement by five operators, including four in Ottawa. In a ruling in January, Federal Court Justice Richard Southcott awarded the damages to Montreal-based Dunn’s Famous Holdings International Inc., the owner of the well-known trademark, which dates to 1927 and the original deli on Ste. Catherine Street in Montreal. We apologize, but this video has failed to load. Try refreshing your browser, or Parent company of Dunn's Famous deli awarded $500K in tradema...