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C74.9018379,31.5908848 74.9468063,31.770363 74.9468063,31.9947109 L74.9468063,32.8472326 C74.9468063,33.11645 74.9018379,33.430537 74.5420905,33.430537 C73.6876905,33.430537 72.7424168,33.2959283 66.9864589,33.2959283 C63.2531432,33.2959283 61.6801853,33.430537 60.7808168,33.430537 C60.3301958,33.430537 60.2852274,33.1622543 60.2852274,32.8472326 L60.2852274,31.9947109 C60.2852274,31.770363 60.3301958,31.5908848 60.5550379,31.5908848 L61.8141537,31.5908848 C63.0292379,31.5908848 63.4339537,31.1421891 63.1641432,29.9755804 C62.7594274,28.3602761 61.0056589,22.616037 60.4660379,21.0007326 L50.61608,21.0007326 Z"></path></g></svg></a><div class="sc-decb0b26-13 bNYa-dH"><div class="sc-5253e565-14 brfrOy"><div class="noPrint" id="homepage-header-subscribe-button-piano-id"></div></div></div></div></div><nav id="primaryNavigation"></nav><nav id="myAccount"></nav><div id="serviceUnavailable"></div></div><div></div></header><!--$--><div class="sc-5253e565-8 sc-b67be15f-0 iAbjVj eOFeLf"><div data-testid="ad-sticky-container" class="sc-8e0bad8e-0 fggAGB"><div class="container"><div class="sc-54c4a04e-0 fpcqoR adWrapper noPrint sc-1c01c11e-0 jIDFSg" data-testid="ad"><div class="sc-54c4a04e-1 epCboS"></div><small class="sc-54c4a04e-2 hVAhMy">Advertisement</small></div></div></div><header class="sc-2f7bae98-0 buNLNy"><div class="sc-2f7bae98-1 kGmHvs"><svg height="96" viewBox="0 0 80 80" width="96" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><title>Default avatar</title><defs><circle cx="40" cy="40" id="path-1" r="40"></circle></defs><g fill="none" fill-rule="evenodd" id="Page-1" stroke="none" stroke-width="1"><g id="Specs-0.2" transform="translate(-560.000000, -530.000000)"><g id="Avatar" transform="translate(560.000000, 530.000000)"><mask fill="white" id="mask-2"><use xlink:href="#path-1"></use></mask><use fill="#EDEDED" id="Mask" xlink:href="#path-1"></use><path d="M69.4363636,67.3172792 C65.6,65.0305082 50.6509091,59.5875547 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76.2363636,59.8870998 69.4363636,67.3172792" fill="#D8D8D8" id="Path" mask="url(#mask-2)"></path></g></g></g></svg></div><ul class="sc-6982d83d-6 jjBqBX"><li><a class="sc-cba76dee-0 oQxeF sc-6982d83d-4 libtp" href="mailto:n.lindsay@nine.com.au"><span class="sc-6982d83d-5 kLxYeo">Email</span><svg width="24" height="24" viewBox="0 0 24 24" xmlns="http://www.w3.org/2000/svg"><g stroke="none" fill="currentColor"><path fill-rule="evenodd" clip-rule="evenodd" d="M2.75 4C2.33579 4 2 4.33579 2 4.75V18.75C2 19.1642 2.33579 19.5 2.75 19.5H21.25C21.6642 19.5 22 19.1642 22 18.75V4.75C22 4.33579 21.6642 4 21.25 4H2.75ZM4.2569 7.61578C4.11246 7.83656 4.16441 8.13157 4.37558 8.28973L11.7003 13.7755C11.8779 13.9086 12.1221 13.9086 12.2997 13.7755L19.6244 8.28973C19.8356 8.13157 19.8875 7.83656 19.7431 7.61578L19.6319 7.44584C19.4739 7.20432 19.1448 7.14637 18.9138 7.31938L12.2997 12.2729C12.1221 12.406 11.8779 12.406 11.7003 12.2729L5.08622 7.31938C4.85521 7.14637 4.5261 7.20432 4.36808 7.44584L4.2569 7.61578Z"></path></g></svg></a></li></ul><h1 class="sc-2f7bae98-2 bUOGrF">Nicole Lindsay</h1><p class="sc-2f7bae98-4 fwaojD"><span>Nicole Lindsay is a property reporter at The Age.</span></p></header><div class="sc-679b6ed4-0 llBnMt sc-5d1aa62f-0 cdKpCV" data-an-position="1" data-testid="story-tile"><figure class="sc-8825a2fb-0 UykoG"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/melbourne-identity-mick-gatto-snaps-up-st-marys-anglican-church-for-4m-20250213-p5lbva.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_1.2065%2C$multiply_0.611%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_86%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4, https://static.ffx.io/images/$zoom_1.2065%2C$multiply_1.2219%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_62%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_1.2065%2C$multiply_0.4325%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_86%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4, https://static.ffx.io/images/$zoom_1.2065%2C$multiply_0.865%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_62%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4 2x"/><img alt="The Kinnears Rope Factory site has sold for $39 million." loading="eager" src="https://static.ffx.io/images/$zoom_1.2065%2C$multiply_0.5855%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_86%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4" srcSet="https://static.ffx.io/images/$zoom_1.2065%2C$multiply_0.5855%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_86%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4, https://static.ffx.io/images/$zoom_1.2065%2C$multiply_1.1709%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_174/t_crop_custom/q_62%2Cf_auto/39473331cc48c538944579b8a721e951d5a664e4 2x" class="sc-7e695d1d-1 jTcowZ"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eVBpTp"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/melbourne-identity-mick-gatto-snaps-up-st-marys-anglican-church-for-4m-20250213-p5lbva.html">Melbourne identity Mick Gatto snaps up St Marys Anglican church for $4m</a></h3><p class="sc-679b6ed4-3 fPOWVa">Gatto鈥檚 not-for-profit, Equal Access for Autism, which he runs with his wife Cheryl, is paying more than $4 million for the church and vicarage on the corner of Plenty Road.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2025-02-14T02:00:00+08:00">6 days ago</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><section class="sc-b67be15f-2 isDcOW" data-testid="storyset-assetlist"><header class="sc-d45f2b3c-0 iXGGuw sc-b67be15f-1 icaEXF"><h2 data-pb-type="hi" class="sc-d45f2b3c-1 dHJIbC"><span>Latest</span></h2></header><div class="sc-371e0ea3-1 cQKGgT"><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="1" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/from-40m-to-80m-and-back-to-45m-a-queen-street-office-s-discount-journey-20250206-p5la5q.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.1313%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70, https://static.ffx.io/images/$zoom_0.1313%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.1313%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70, https://static.ffx.io/images/$zoom_0.1313%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70 2x"/><img alt="Swiss fund manager ST Real Estate is selling 50 Queen Street, Melbourne." loading="lazy" src="https://static.ffx.io/images/$zoom_0.0984%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_86%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70" srcSet="https://static.ffx.io/images/$zoom_0.0984%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_86%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70, https://static.ffx.io/images/$zoom_0.0984%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_62%2Cf_auto/f40b0b6349a92b6044e77e6297358b397d367b70 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/from-40m-to-80m-and-back-to-45m-a-queen-street-office-s-discount-journey-20250206-p5la5q.html">From $40m to $80m, and back to $50m: A Queen Street office鈥檚 discount journey</a></h3><p class="sc-679b6ed4-3 fPOWVa">Swiss fund manager ST Real Estate is having another crack at selling its B-grade office building on Queen Street, savagely cutting the price to meet the market.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2025-02-07T02:00:00+08:00">February 7, 2025</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="2" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/jingle-bells-fall-silent-as-christmas-starts-with-sale-of-churches-20241205-p5kw5y.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.126%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13, https://static.ffx.io/images/$zoom_0.126%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.126%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13, https://static.ffx.io/images/$zoom_0.126%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13 2x"/><img alt="New tenants for the old Izayaka Den space at 114 Russell Street." loading="lazy" src="https://static.ffx.io/images/$zoom_0.0945%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_110%2C$y_0/t_crop_custom/q_86%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13" srcSet="https://static.ffx.io/images/$zoom_0.0945%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_110%2C$y_0/t_crop_custom/q_86%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13, https://static.ffx.io/images/$zoom_0.0945%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_110%2C$y_0/t_crop_custom/q_62%2Cf_auto/6dd3bc64efe6100db1f6d48943efabe825464b13 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/jingle-bells-fall-silent-as-christmas-starts-with-sale-of-churches-20241205-p5kw5y.html">Jingle bells fall silent as Christmas starts with sale of churches</a></h3><p class="sc-679b6ed4-3 fPOWVa">Three churches have hit the property market just in time for Christmas, including St Kilda鈥檚 landmark Presbyterian Church.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-12-06T12:23:59+08:00">December 6, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="3" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/knock-down-king-whelan-the-wrecker-is-here-again-20241128-p5kudy.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.1284%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e, https://static.ffx.io/images/$zoom_0.1284%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.1284%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e, https://static.ffx.io/images/$zoom_0.1284%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e 2x"/><img alt="53-57 Cambridge Street, Collingwood" loading="lazy" src="https://static.ffx.io/images/$zoom_0.0963%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/q_86%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e" srcSet="https://static.ffx.io/images/$zoom_0.0963%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/q_86%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e, https://static.ffx.io/images/$zoom_0.0963%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_67%2C$y_0/t_crop_custom/q_62%2Cf_auto/acdb95b5190e05b5a9d235fcb4cba4198227bd4e 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/knock-down-king-whelan-the-wrecker-is-here-again-20241128-p5kudy.html">Knock-down king Whelan the Wrecker is here. Again</a></h3><p class="sc-679b6ed4-3 fPOWVa">The knock-down kings, who demolished thousands of properties over a 99-year history, is back on the tools.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-11-30T02:00:00+08:00">November 30, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="4" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/goldfields-sees-riches-in-punt-road-rental-homes-20241121-p5ksi5.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.108%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda, https://static.ffx.io/images/$zoom_0.108%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.108%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda, https://static.ffx.io/images/$zoom_0.108%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda 2x"/><img alt="Artist鈥檚 render of The Raleigh, Goldfield鈥檚 BTR project on the corner of Punt Road and Raleigh Street, Windsor." loading="lazy" src="https://static.ffx.io/images/$zoom_0.081%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_59%2C$y_0/t_crop_custom/q_86%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda" srcSet="https://static.ffx.io/images/$zoom_0.081%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_59%2C$y_0/t_crop_custom/q_86%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda, https://static.ffx.io/images/$zoom_0.081%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_59%2C$y_0/t_crop_custom/q_62%2Cf_auto/510e49be4f150e325bd524fd1e1f5bfad1b9ccda 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/goldfields-sees-riches-in-punt-road-rental-homes-20241121-p5ksi5.html">Goldfields sees riches in Punt Road rental homes</a></h3><p class="sc-679b6ed4-3 fPOWVa">Property developer Goldfields has secured funding to construct its first build-to-rent project.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-11-22T07:41:19+08:00">November 22, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="5" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/development-threat-looms-over-historic-chapel-street-pub-20241114-p5kqnb.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.4%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_61/t_crop_custom/q_86%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d, https://static.ffx.io/images/$zoom_0.4%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_61/t_crop_custom/q_62%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.4%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_61/t_crop_custom/q_86%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d, https://static.ffx.io/images/$zoom_0.4%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_61/t_crop_custom/q_62%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d 2x"/><img alt="The Rochester Castle on Johnston Street, Fitzroy is going to auction." loading="lazy" src="https://static.ffx.io/images/$zoom_0.2668%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_125%2C$y_0/t_crop_custom/q_86%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d" srcSet="https://static.ffx.io/images/$zoom_0.2668%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_125%2C$y_0/t_crop_custom/q_86%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d, https://static.ffx.io/images/$zoom_0.2668%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_125%2C$y_0/t_crop_custom/q_62%2Cf_auto/d576ea4e6938b87f7a1006c668d8a61131dd355d 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/development-threat-looms-over-historic-chapel-street-pub-20241114-p5kqnb.html">Development threat looms over historic Chapel Street pub</a></h3><p class="sc-679b6ed4-3 fPOWVa">Another cherished old pub, South Yarra鈥檚 Imperial Hotel, could be in the hands of a developer next week.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-11-15T02:00:00+08:00">November 15, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div></div><div class="container"><div class="sc-54c4a04e-0 edUjwE adWrapper noPrint sc-1eabb863-0 dlCdtD" data-testid="ad"><div class="sc-54c4a04e-1 epCboS"></div><small class="sc-54c4a04e-2 hVAhMy">Advertisement</small></div></div><div class="sc-371e0ea3-1 cQKGgT"><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="1" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/heritage-hassle-holds-up-cosmetic-giant-mecca-s-flagship-store-20241107-p5kote.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed, https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed, https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed 2x"/><img alt="368 Elizabeth Street sold for more than $60 million." loading="lazy" src="https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_86%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed" srcSet="https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_86%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed, https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_185%2C$y_0/t_crop_custom/q_62%2Cf_auto/bd3c68dd4f2f53c90cd0e369ee6be06395def2ed 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/heritage-hassle-holds-up-cosmetic-giant-mecca-s-flagship-store-20241107-p5kote.html">Heritage hassle holds up cosmetic giant Mecca鈥檚 flagship store</a></h3><p class="sc-679b6ed4-3 fPOWVa">Beauty retailer Mecca鈥檚 new flagship store on the Bourke Street Mall is running behind schedule with a key permit lodged with Heritage Victoria just last week.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-11-08T07:19:04+08:00">November 8, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="2" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/tiger-s-star-dusty-kicks-off-25m-property-portfolio-sale-20241031-p5kmx8.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12, https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12, https://static.ffx.io/images/$zoom_0.252%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12 2x"/><img alt="367 Victoria Street, Abbotsford." loading="lazy" src="https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12" srcSet="https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12, https://static.ffx.io/images/$zoom_0.189%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/4667275376aa930e9d094a0e7503e5d0b87e0d12 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li class="sc-7bc57f94-1 sc-7bc57f94-2 efkbvd kVxcWg">Exclusive</li><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/tiger-s-star-dusty-kicks-off-25m-property-portfolio-sale-20241031-p5kmx8.html">Tigers star Dusty Martin kicks off $25m property portfolio sale</a></h3><p class="sc-679b6ed4-3 fPOWVa">Retiring Richmond footy star Dustin Martin and his manager Ralph Carr are selling a string of Victoria Street properties in Abbotsford.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-11-01T02:00:00+08:00">November 1, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="3" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/huge-ex-masters-store-earned-20m-rent-over-10-years-it-was-empty-and-unused-20241024-p5kl3w.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.21%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_62/t_crop_custom/q_86%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b, https://static.ffx.io/images/$zoom_0.21%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_62/t_crop_custom/q_62%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.21%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_62/t_crop_custom/q_86%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b, https://static.ffx.io/images/$zoom_0.21%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_62/t_crop_custom/q_62%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b 2x"/><img alt="The empty Masters at 3 Deveny Road, Sunbury." loading="lazy" src="https://static.ffx.io/images/$zoom_0.14%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_41%2C$y_0/t_crop_custom/q_86%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b" srcSet="https://static.ffx.io/images/$zoom_0.14%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_41%2C$y_0/t_crop_custom/q_86%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b, https://static.ffx.io/images/$zoom_0.14%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_41%2C$y_0/t_crop_custom/q_62%2Cf_auto/c03cc604f1e9272c9e9139b91fe73ed5b3fdb14b 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li class="sc-7bc57f94-1 sc-7bc57f94-2 efkbvd kVxcWg">Analysis</li><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/huge-ex-masters-store-earned-20m-rent-over-10-years-it-was-empty-and-unused-20241024-p5kl3w.html">Huge ex-Masters store earned $20m rent over 10 years. It was empty and unused</a></h3><p class="sc-679b6ed4-3 fPOWVa">An abandoned ex-Masters store in Sunbury, on which HomeCo has shelled out more than $20 million in rent over the past 10 years, is finally for sale with a price tag of more than $40 million.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-10-25T02:00:00+08:00">October 25, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div><div class="sc-679b6ed4-0 cXxWOT sc-371e0ea3-0 axGVz" data-an-position="4" data-testid="story-tile"><figure class="sc-8825a2fb-0 bMQKtX"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/mystery-private-group-wants-to-sell-17-properties-for-100m-20241017-p5kj52.html" tabindex="-1"><div class="sc-7e695d1d-0 dtxwlC"><picture><source media="(min-width: 1000px)" srcSet="https://static.ffx.io/images/$zoom_0.1319%2C$multiply_0.3122%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055, https://static.ffx.io/images/$zoom_0.1319%2C$multiply_0.6243%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055 2x"/><source media="(min-width: 750px)" srcSet="https://static.ffx.io/images/$zoom_0.1319%2C$multiply_0.2857%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_86%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055, https://static.ffx.io/images/$zoom_0.1319%2C$multiply_0.5714%2C$ratio_1.5%2C$width_756%2C$x_0%2C$y_0/t_crop_custom/q_62%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055 2x"/><img alt="31 Vision Drive, East Burwood." loading="lazy" src="https://static.ffx.io/images/$zoom_0.099%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_193%2C$y_0/t_crop_custom/q_86%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055" srcSet="https://static.ffx.io/images/$zoom_0.099%2C$multiply_0.254%2C$ratio_1%2C$width_378%2C$x_193%2C$y_0/t_crop_custom/q_86%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055, https://static.ffx.io/images/$zoom_0.099%2C$multiply_0.5079%2C$ratio_1%2C$width_378%2C$x_193%2C$y_0/t_crop_custom/q_62%2Cf_auto/547fc963022fec20e434481f13c0b9f6f4087055 2x" class="sc-7e695d1d-1 eOOgRW"/></picture></div></a></figure><div class="sc-679b6ed4-1 fszuda"><ul class="sc-7bc57f94-0 kFNNi"><li data-pb-type="tg" class="sc-7bc57f94-1 efkbvd"><a href="/topic/commercial-real-estate-5vu" class="sc-5253e565-11 sc-7bc57f94-3 iczfBg ksaujS">Commercial real estate</a></li></ul><h3 class="sc-679b6ed4-2 eglJCU"><a class="sc-cba76dee-0 oQxeF" href="/business/companies/mystery-private-group-wants-to-sell-17-properties-for-100m-20241017-p5kj52.html">Mystery private group wants to sell 17 Melbourne properties for $100m</a></h3><p class="sc-679b6ed4-3 fPOWVa">A private syndicator has amassed a 8.36-hectare site in North Dandenong on 17 individual titles which it wants to sell for more than $100 million.</p><ul class="sc-7c54e368-0 ivhppT"><li class="sc-7c54e368-2 sc-7c54e368-3 lnqnFb cOAIwH"><time data-testid="storytile-timestamp" dateTime="2024-10-18T03:00:00+08:00">October 18, 2024</time></li><li class="sc-7c54e368-2 lnqnFb">Nicole Lindsay</li></ul></div></div></div><div class="sc-3384e10d-0 galjxc"><button class="sc-5253e565-0 sc-5253e565-7 sc-3384e10d-1 clhnVQ bJHlMv iBnwQg" type="button">Show more</button></div></section></div><!--/$--><div class="sc-c96cc30f-0 eSGWhI noPrint" id="footer"><div class="sc-5253e565-8 iAbjVj"><div class="sc-f33fa8-0 eVhSwH"><a href="https://www.watoday.com.au"><svg viewBox="0 0 178 43" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" data-testid="logo" class="sc-53ff3945-0 chngFv"><title>WAtoday</title><g stroke="none" stroke-width="1" fill="#fff" fill-rule="evenodd"><path d="M82.8538474,14.9756848 L82.8538474,26.5445543 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