Melbourne’s Commercial Market: Resilience, Recovery, and Targeted Deal-Making Drive Recent Results

The commercial real estate market in Australia can be a lucrative investment opportunity, attracting landlords looking to maximise their returns. While self-managing properties may seem like a cost-effective approach, it is essential to recognise the risks involved.

This corner freehold building in the Melbourne CBD is a unique find, boasting triple street frontages spanning 48 metres and a generous Building Area of 1,187 sqm. The underlying land area of 288 sqm, under the sought-after Capital City 1 Zoning (CCZ1), offers immense flexibility for potential residential, office, education, hotel, student accommodation, and more (subject to council approval). 

MMJ Melbourne is pleased to announce the appointment of Allison Brudenell as the new Managing Director of its office.

MMJ Real Estate, one of the leading boutique real estate agencies in the country, has once again proven its commitment to giving back to the community by sponsoring the Malvern Valley Primary School's carnival. 

In this review we will briefly cover how land values are set by the Valuer General, the mandatory requirements to include in an objection and some examples of more unusual objection success and why those results were achieved.

We all know that COVID changed a lot of things, but how has it affected the Commercial Property Landscape?   How did it affect the different asset classes and how does the impact of COVID differ across the country. Five of our leading Asset Managers across the country discuss the impacts and how they've changed the landscape of commercial property.