Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

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Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

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The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

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For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

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As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Joel Robinson

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
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The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

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<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
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Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
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"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

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"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
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"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

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PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
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"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
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"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

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Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

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Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

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The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

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The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

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The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

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Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

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From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

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While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

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Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Location and lifestyle drive demand at Candela Ivanhoe

Cafe

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A ground-level café investment at the entrance of Melbourne's Botanicca Corporate Park has been sold for for $1,701,000.
Fitzroys agents Chris Kombi and Jordan Ceppi sold the property at Shop 1, 572 Swan Street at a 6.4% net yield.
The property encompasses a generous 500 square metres, comprising a modern fully-fitted café of 310 square metres, with a further 190 square metres of outdoor seating.
Leased to experienced café operator trading as The Shed on a 5+5+5 year lease, the property is currently returning a net rental of $110,000 per annum plus GST, with fixed annual increases of 4%.
Positioned on the corner of Swan Street and Central Drive at the entrance of Botanicca Corporate Park, the property provides highly exposed corner frontage of 34 metres.
Kombi said the Deadline Private Sale campaign saw a competitive process that attracted a range of investors, with a SMSF investor winning out.
"Investors are seeking strong income-producing, securely-leased assets in locations with healthy growth prospects," Kombi said. 
"Following further recent interest cuts, SMSF investors are looking in greater numbers for solid returns and are playing a more prominent role in the Melbourne retail investment market."
Major companies occupying neighbouring buildings include David Jones, Country Road, Harris Scarfe, GE, Fulton Hogan and Wells Fargo plus the 4.5-star Marriott Business Class Hotel and The University of Melbourne.
The property also benefits from its close proximity to the Swan Street tram network and the Heyington and Burnley train stations, as well as easy linkages to the CBD and broader Melbourne via the Citylink and Monash M1 Freeway.
Ceppi said Fitzroys has now sold three Melbourne retail investment properties to SMSF investors in the past two weeks.
"Investors are seeking retail assets across Melbourne with strong fundamentals in large numbers. This will likely continue in line with the low interest rate that is expected to remain long-term," said Ceppi. 
Fitzroys recently sold Shops 19-20, 190 Jells Road in Wheelers Hill for $2.4 million to a SMSF investor at a 5.2% yield, with a 10+5+5-year lease to renowned hair salon Rokk Ebony Properties.
That followed the sale of 2-6 Copernicus Crescent, Bundoora, also a high exposure quality café investment, which was bought by a SMSF investor for $2.6 million at a 5.5% yield and with a 5+5-year lease.
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j.ballantyne1990-6AQqhLzZaK

Café investment at Melbourne's Botanicca Corporate Park sold for $1.7 million

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The oldest continuously Greek-run cafe in Australia is for sale for only its second public sale in 100 years.
The 1902 Art Deco Niagara Cafe at Gundagai is the last of the country’s traditional Greek cafes.
The future of the only other historic Greek cafe, the 1916 Paragon Cafe in the Blue Mountains, is in limbo after closing in 2018.
Niagara Cafe has been listed by Tina Loukissas, whose family bought the cafe in 1983.
The cafe was established by a Kytherian Greek, Strati Notara, and then by the Castrission family who installed the art deco interior and exterior in 1938.
It transformed the eating house into a “pleasure palace”, according to Macquarie University historian Leonard Janiszewski, who has documented the evolution of Greek cafes in Australia together with Effy Alexakis, in their book Greek Cafes and Milk Bars of Australia.
It was always promoted as “Australia’s Wonder Cafe” with its semi-domed ceiling, once painted as a night scene with stars onto which lights would shine.
Domain reported it was later destroyed by fire but never replaced.
Ross Tout, at Elders Real Estate Gundagai, said it was difficult to put a price on it, although the National Bank building nearby, with a four-bedroom apartment above, sold three years ago for $600,000.
Photo courtesy of Visit NSW. 
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Australia's oldest continuously Greek-run cafe, Niagara Cafe at Gundagai, listed

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An investor has snapped up the cafe premises on the ground floor of The Blocktagon South Yarra redevelopment.
They paid $1.11 million for the space, currently leased to Mister Zen. It was bought on a 4.3% yield.
The new owner intends to hold property as a long-term investment.
Fitzroys agents James Lockwood and Chris Kombi sold the 5 Commercial Road premises.
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Lockwood said they are already in the hospitality industry, with that experience providing them with further confidence investing in this type of asset.
“Interest came from local and offshore parties due to the quality of the tenant, which has been hugely successful in catering to the young and vibrant demographic of area, while the incredibly rare chance to own part of an iconic Melbourne property was also a drawcard,” Lockwood said.
He said the highly exposed property is in a vibrant location close to Punt Road and adjacent to the Alfred Hospital and Fawkner Park, and near tenants that include Caltex, Guzman y Gomez, Officeworks, Volkswagon, and L’Hotel Gitan.
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The café itself was designed, constructed and named by the participating teams of the season as part of a challenge on the 2015 series of The Block.
Under the direction of architect Julian Brenchley, the interior was created with combinations of concrete and timber and includes angular ceilings with negative spacing, feature light bulbs throughout, and a separate lighting system design imported from Italy, while its coffee and health-oriented menu have created a loyal following.
The 135 sqm cafe includes an architecturally designed courtyard of a further 195 sqm.
The space yields $48,801 per annum. Mister Zen currently holds a 4 x 4 x 4 year lease.
It was the first time the commercial aspect of the property had been up for sale since it last traded for $975,000 in 2017.
 
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jrobinson-rf4aSBido9

The Blocktagon South Yarra cafe sells to investor

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The Queen Street, Woollahra premises best remembered as the former Zigolinis cafe have been sold for $3,125,000.
It was bought by an investor who plans to open the interiors up by moving the kitchen under an exisiting development application.
It will then be leased to a new food operator.
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<a href="https://www.commercialrealestate.com.au/property/107-queen-st-woollahra-nsw-2025-2014688792" target="_blank">The 119 sqm premises</a> last sold at $2.62 million in 2013.
It has on-premises license to trader 5am to midnight, six days a week. It was offered at a $165,000 annual rental 2015.
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Queen Street coffee shop premises sold for $3,125,000

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An experienced café operator has chosen Melbourne’s inner-north cultural hub of Brunswick’s Sydney Road for their newest venture.
Fitzroys agents Ervin Niyaz and Terence Yeh negotiated the 10-year lease of the two-level, 196 square metre building at 391 Sydney Road.
It was at $52,000 per annum to Lojaz Pty Ltd, on behalf of a local private investor.
Niyaz said the tenant was attracted to the property’s location in the busy stretch between Albert Street and Victoria Street, close to Commonwealth Bank, Bunnings, Australia Post, Chemist Warehouse, and buzzing bars The Penny Black and The Brunswick Mess Hall, with a public car park at the rear and laneway access.
“As expected, the property received strong demand from food and beverage operators wanting to make their mark on one of Melbourne’s most renowned and vibrant lifestyle precincts,” Niyaz said.
Sydney Road, Brunswick has been one of the top performers of Melbourne’s famed retail strips. Fitzroys research for Volume 2 of Walk the Strip showed vacancies in the section from Brunswick Road up to Victoria Street came down from 6.0% to 3.0% in the 12 months to June 2018.
“The medium and high-density dwelling boom along and around Sydney Road currently has a further 1,500 apartments in the pipeline at various stages of construction and planning,” Yeh said.
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Café operator brings new venture to Sydney Road, Brunswick

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The lowest yielding sale at commercial auctions this week was the $2.68 million sale of the retail property leased to The Coffee Club in Redcliffe, Brisbane.
It sold at a net yield of 5.88 per cent.
The retail property in <a href="https://www.realcommercial.com.au/property-retail-qld-redcliffe-502867550" target="_blank">Redcliffe</a> (pictured above) is leased to The Coffee Club on a seven-year lease with another seven-year option.
It last sold at $1.75 million in 2006.
The waterfront property at 171 Redcliffe Parade will bring in about $156,000 – excluding GST – starting from September 1.
The Coffee Club was established 1989 and currently operates 400 stores in nine countries
The oceanfront reserve freehold property overlooking Redcliffe Pier offered long term redevelopment potential to 12 storeys (STCA).
The premises occupy 332 sqm on the 405 sqm block – plus exclusive use of street front alfresco dining area
There is rear lane entry accessing parking for up to six vehicles.
There are views to Moreton Island at the high traffic Brisbane seaside tourism precinct.
The neighbouring tenants include Chemist Warehouse, Vast Interiors, Subway and Banjo's.
The tenant pays all outgoings as per lease and 3% per annum rental increases.
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The Coffee Club in Redcliffe, Brisbane sold at a net yield of 5.88 per cent

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Savills are marketing the Collins Street premises of Hugo's Expresso.
The popular cafe has been located at <a href="http://commercialpropertysearch.savills.com.au/c3b0756b-0a41-e811-80cd-005056813885/Sale/Melbourne/Shop-3,-601-Little-Collins-Street" target="_blank">shop 3 at 601 Little Collins Street</a> since 2009. 
Hugo's has a 10 year lease with two five year options to 2029.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/30/hugos2.jpg" alt="">
There's been a brand new fitout on the space which currently returns just over $62,000 per annum, with five percent annual increases.
Savills agents Benson Zhou, Nick Peden and Dorothy He are marketing the shop as a high profile ground level CBD retail property.
 
 
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Collins Street's Hugo's Expresso premises listed through Savills

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A property in Sydney’s Darlington leased to a cafe has fetched $1,000,000.
The retail space at <a href="https://www.realcommercial.com.au/property-retail-nsw-darlington-502612834" target="_blank">7/245-249 Abercrombie Street</a> was advertised for auction on November 30.
The property is rented out to the well-known café operator “Choco-Latte which is on a new five-year lease.
It earns $42,681.00 per annum net plus GST.
The property has an internal lettable area of 54 sqm and the zoning is B1 - Neighbourhood Centre.
The selling agent was John Race of Khoury &amp; Partners.
It previously traded for $680,000 in 2016 and for $530,000 in 2006, data from CoreLogic shows.
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Cafe in Sydney's Darlington snapped up for $1 million

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Construction will begin on an open plan cafe in Sydney's Hyde Park South this year.
Lord Mayor Clover Moore said the new café will be set back to allow better access and lines of sight to the park and recently upgraded ANZAC war memorial.
“Hyde Park is Australia’s oldest park and one of the most culturally and historically significant public spaces in the country,” she said.
“The Transport for NSW upgrade of Museum Station has coincided with our major improvement works on the ANZAC War Memorial, Pool of Reflection and the park path network.
“As part of the agreement between the City and Transport for NSW, we’ve committed to building the café, and we’re thrilled the stunning design is consistent with the heritage setting of Hyde Park and Museum station.
“These combined works will enhance Hyde Park’s status as an urban oasis and make it a more attractive place to visit for the 1.2 million people who live, work or visit the city daily. 
The project includes two unisex toilets with one accessible to park users, seating for around 90 people, a lift lobby with new paving, more accessible routes from Museum Station to the Anzac War Memorial, new garden beds, retaining walls and stairs; and paving in the café and station surrounds.
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New open plan cafe for Sydney's Hyde Park South

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The Piccolo Bar, just off the main strip in Sydney’s Kings Cross - which recently featured in the ABC-TV series Rake - is closing its doors after 65 years.
“It is very sad,” says its longtime owner-operator Vittorio Bianchi, 82, who came to work as the barista in the tiny café as a 29 year old in 1964.
He said the Cross was so quiet now - blaming the lockout laws and the ban on smoking inside, and outside, cafés for the likely end of the Cross's oldest coffee bar.
"The politicians have done a good job of killing the place,” he told Fairfax Media
The Piccolo Bar, on Roslyn Street, had a clientele that’s included prime ministers from Gough Whitlam to Malcolm Turnbull.
There were the screen stars like Mel Gibson, Judy Davis and Jeremy Irons, artist Brett Whiteley, writer Dorothy Hewett and murdered activist Juanita Nielsen.
“We used to be open 24 hours,” says Italian émigré Bianchi. 
His café is now up for lease through agent Ron Danieli with hopes that someone will keep it running as a coffee shop.
The lease is around $500 per week, plus GST and outgoings.
The café opened first in the 1940s and in its current form as the Piccolo Bar in 1952.
After Bianchi suffered a heart attack, a triple by-pass in 2014, and then suffered a bout of cancer last year, his niece-in- law Tina Newton-Carra took over the cafe.
Bianchi still dropped in regularly to chat to his regular loyal clientele, and take a turn on the coffee machine.
Now she wants to work full-time on her new business, creating a same-sex online wedding directory, OneLove Wedding Directory.
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