<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

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</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Commercial Listing

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A prized Blackwattle Bay development site, with jetty, near the Sydney Fish Markets has been scheduled for an online overnight auction.
The auction commenced with a $22.2 million starting bid today, Wednesday 18 November at 11.00am and <a href="https://www.auctionworksonline.net.au/properties/288-31-35-bank-street-pyrmont-2009-nsw-australia" target="_blank">ends Thursday 19 November at midday</a>.
The 2988 sqm Bank Street holding, currently utilised for fish freezing storage, was recently bought off market by a private local investment syndicate. 
 <img src="/images/2015/11/13/blackw.jpg" alt="" width="495" height="288">
The previous owner, the Chinese developer Dahua sold mid-year after its controversial mixed use development plans for the precinct drew a backlash from the NSW government.
The auction is being conducted through the auctionworks.net.au website lead by auctioneer David Scholes who amended the auction times to mid-week.
The bidding will close at 12 noon Thursday, unless there is last minute further bidding.
"All interested parties will need to register with the agents and provide sufficient identification to allow them to select a bidder’s number and compete," Mr Scholes said.
Competitive bidding is expected as Blackwattle Bay is the crown jewel in the NSW Government’s Urban Growths renewal plans for a waterfront tourist precinct.
While Urban Growths' Bays Market masterplan has yet been released, work on the foreshore walk is scheduled to commence in early 2016.
The nearby Sydney Fish Market land will be up for tender in March next year. 
The site for auction, which sits between Poulos Bros and Hymix, has been listed as a place of state significant development under the State and Regional Development SEPP with the minister as the consent authority rather than City of Sydney Council.
The existing controls allow hotels but developers are likely to seek mixed residential usage.
"The short auction deadline is not ideal, but the option to purchase is a live prospect," the Deans Property listing agent, Robert Deans said.
"It is a great opportunity alone or as part of a broader scale redevelopment," he said. Any redevelopment of the nearby fish market must be approved by the SFM Merchants and Tenants.
The Labor State Government started the Bays Precinct consultation and the Liberal Government appointed Urban Growth as the coordinating agency. 
The sales brochure point to an Urban Growth document that indicates more density and higher planning controls was possible for the site.
"It appears from the captured image that it is proposed that the building on the subject land will be a 14 storey building," says the auction marketing.
"This is speculative and interested parties should make their own assessments," it said. 
Most of the Blackwattle Bay waterfront is government-owned, but Jin Huiming's Dahua Group paid $17.5 million to buy the site from Bidvest last year.
The Dahua Group on-sold the site to the current vendors, Fishbank Development Corporation in June this year, according to a caveat on the title, but the delayed settlement sale has not yet been finalised.
Mr Jin, 63, previously was ranked by Forbes as the 36th richest person in China a decade ago when Dahua was ranked in China's top 10 real estate companies.
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jchancellor-FAypfDUnLy

Blackwattle development plot for online auction after Duhua disposal

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The regional Dan Murphy's at Armidale has been listed by Burgess Rawson.
The property also comes with a Dick Smith, so has been marketed as "double income, double security."
It is <a href="https://www.burgessrawson.com.au/buying/NSW/New-England-~-North-West/Armidale/Retail/3P1190#.VkK70t4bSZw" target="_blank">216-218 Beardy Street</a>. The rental incomes is $553,217 pa.
Dan Murphy's has a 15 year lease plus 40 years of options to April 2066. The Dick Smith 10 year lease plus 15 years of options runs to Jan 2036.
Both tenants pay increases in outgoings at the city centre main street location. 
It is a quality updated air conditioned building of 2,000 sqm plus 90 car spaces.
Armidale is a major regional city with a growing population of 24,105 (ABS 2011) and an estimated catchment of 115,000.
It goes to auction December 8.
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Armidale Dan Murphy for Burgess Rawson auction

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An industrial warehouse at the Orbis Business Park in Melbourne’s Ravenhall is on the market with expectations of more than $4.75 million.
The <a href="https://www.commercialrealestate.com.au/property/25-31-business-park-drive-ravenhall-vic-3023-2012274980" target="_blank">25-31 Business Park Drive</a> site has a 4,373 square metre facility.
It is leased to Australia’s leading electric go-karting company Hi Voltage Karts Pty Ltd on a six-year term at $349,840 per annum net.
The recently completed facility is sited on a 7,867 square metre allotment 1.5 kilometres from a four-way freeway interchange and 20 mins from Melbourne CBD and docks. It features B-Double compliance and 24/7 access.
The property is being marketed by Savills Australia industrial directors Chris Jones and Ben Hegerty along with Crabtrees’ Grant Tishler and Andrew Loudon.
"The investment market has been quite active for some time now and ultimately that has meant a shortage in the number of assets available. Those that do come up are usually well received, especially those well located assets," said Chris Jones.
 
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j.ballantyne1990-6AQqhLzZaK

Orbis Business Park warehouse expected to fetch $4.75 million

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A mixed use investment property with further development potential in Melbourne’s inner east suburb of Hawthorn is expected to fetch more than $1.6 million at auction.
Located at 81-83 Church Street, the 300 square metre property on the corner of Brook Crescent comprises a two-level brick building including a ground floor café and a first floor, three bedroom apartment.
Situated in the heart of Hawthorn, Commercial 1 zoned site has been listed through Teska Carson’s Matthew Feld.
The auction is on November 20.
The property will be sold subject to two leases -- a five-year for the ground floor café and a monthly lease for the first floor residence -- for a total annual rental of $80,151.
He said the property presented substantial development potential subject to council approval in a popular suburb. It had a strong holding income and potential for capital growth.
"As such this property offers options for investors, developers and owner-occupiers in a very accessible and desirable location within the leafy inner eastern suburbs,’’ Feld said.
He said the area, only five kilometres from the CBD, had seen high-end residential and commercial developments in recent years and various other projects are under construction or in the planning stages.
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Investment property in Melbourne's Hawthorn expected to fetch more than $1.6 million

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A boutique warehouse property at Cremorne (Richmond) in Melbourne’s inner eastern suburbs is up for auction on November 18.
It is expected to fetch around $1 million.
Set at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-richmond-501732570" target="_blank">90 Stephenson Street</a>, the warehouse is 100 metres from Balmain Street, within easy reach of public transport.
It comprises a single level, 200 square metre, solid brick, factory/warehouse on a 200 square metre site zoned Commercial 2, under the City of Yarra planning scheme.
The warehouse has frontages to Stephenson Street and Gwynne Street.
"The property is in a great location and would suit an owner-occupier seeking a conveniently located boutique warehouse, or an investor looking to capitalise on the demand for one of the last industrial property precincts within a short tram ride to the CBD," said listing agent Matthew Feld of Teska Carson. 
"It would also suit a developer interested in the potential to add value in this well-regarded location.’’
Cremorne lies in the south-western corner of Richmond and adjacent to Melbourne’s premier sporting facilities including the Rod Laver Arena and the MCG.
The property will be sold with vacant possession.
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Boutique warehouse in Melbourne's Cremorne to fetch $1 million

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The popular Four In Hand in Paddington is the latest hotel to hit the market.
The owner of the past 25 years has decided to take advantage of the current red hot hotel sector which has seen the nearby Woollahra Hotel fetch $30 million plus.
The Royal Hotel in Paddington was also recently sold to the Waugh brothers' Public House Group for $15 million and the Light Brigade Hotel was bought by the Bayfield Family for $9 million.
In the past year, more than than $200 million of pubs assets have changed hands as pubs have returned to favour, particularly around the suburbs, to avoid the new late-night lockout drinking rules imposed on the city and some fringe areas.
The Four In Hand has been <a href="https://raywhitehotels.com.au/properties/the-four-in-hand-hotel/" target="_blank">listed through Ray White Hotels Asia-Pacific director Andrew Jolliffe</a>.
"The 4, as it is affectionately known, is an institution in the Sydney pub landscape," Mr Jolliffe said.
"Melbourne has a number of these great food and beverage icons like the Four in Hand, however, unfortunately they are few and far between in Sydney. That's why this is such a special hotel."
It had over $4.75 million in total sales in FY2015.
The 375 sq m corner holding had a recent $1 million renovation.
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Four In Hand, Paddington hotel for sale

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The assets of one of Australia’s largest independent wine producers, Littore Wine Group, are on the market.
They include <a href="https://www.realcommercial.com.au/property-commercial+farming-vic-geelong-501739030" target="_blank">1,070 hectares of vineyards </a>across five properties and a large modern winery and warehousing/packaging facility.
The Littore Wine Group was a large vertically integrated wine business founded more than 40 years ago by the Littore family.
The portfolio of vineyards near Mildura and a large commercial winery and packaging facilities at Geelong in Victoria has been listed through Tim Altschwager and Nick Dean of Colliers International. 
The high yielding vineyards have produced an average of around 30,000 tonnes over the past four vintages.
"The largest single vineyard in the portfolio is the impressive Arlington vineyard with plantings of approximately 739ha on 6,850ha of land situated near Wentworth NSW,” Tim Altschwager said.
The Littore winery has tank storage of nearly 18,000,000 million litres, a crush capacity of about 15,000 tonnes, an extensive warehousing and packaging centre and administrative facilities.
Altschwager said the vineyards and the winery were being offered for sale separately or as a whole. He expects interest from a wide range of buyer groups, both domestic and offshore.
“The market for agricultural assets is improving, we are receiving strong interest in quality, large-scale properties with substantial water entitlements.
"The Littore portfolio boasts around 7,000 mega litres of high security water, which we expect will attract significant interest in its own right.
“This also opens up the possibility that the properties might attract alternate uses, such as the potential conversion to almonds or cotton, which broadens the appeal of what is already one of the most significant wine industry offerings that’s come to the market.”
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Littore Wine Group assets on the market

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A recently-built 7-Eleven retail store with a fuel outlet in Melbourne's Coolaroo is up for sale through expressions of interest.
The <a href="https://www.realcommercial.com.au/property-retail-vic-coolaroo-501723981" target="_blank">1350 Pascoe Vale Road</a> store is on a 12-year lease to 7-Eleven Stores Pty Ltd that started on August 2012 with options through to 2034.
The deadline for offers is November 13.
The building comprises a retail store outlet over 170 square metres.
It sits on a 1,200 square metre site. 
The current annual rental is $274, 407 net per annum with the tenant paying all outgoings excluding land tax.
The lease provides for an annual rental increase of 3.5%.
Gray Johnson listing agent Matt Hoath expects offers of around $5 million with an an indicative return in the 5.5% range, with building and depreciation benefits providing additional benefit.
The building is adjoined on two sides by the Melba Vale retirement village, while leading retailers are nearby on sites along Pascoe Vale Road.
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7-Eleven at Melbourne's Coolaroo up for sale

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La Gonda House, a two-storey warehouse in Sydney’s Chippendale is going on auction on November 12 through Colliers International.
<a href="https://rca.colliers.com.au/property-offices-nsw-chippendale-501738562" target="_blank">Situated at 35-45 Myrtle Street</a>, the warehouse offers strong income prospects.
The site consists of six individual tenancies, with the potential for a mix of uses.
“The building exudes charm and character - a great example of Inter War Art Deco design that is becoming rarer and rarer in the Chippendale Area,” said listing agent Michael Khouri of Colliers International.
La Gonda House will suit a range of investors looking to capitalise on inner city rental demand and high growth in the Chippendale area, added Colliers agent Matt Pontey.
The warehouse occupies a 663 square metre corner block, has three street frontages and is close to Sydney University, UTS and Notre Dame, and student accommodation facilities.
La Gonda generates strong income and will provide the new owner opportunities to value add, part-occupy or renegotiate the current leases, according to Colliers International.
The current net income is $182,554.84 excluding GST. 
The estimated fully leased net income is between $222,500 to $242,500. 
A Sam Hood photo from the 1930’s/40’s is on State Library of NSW records.
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La Gonda warehouse in Chippendale up for auction

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The Heritage Hotel, a 110-year-old hotel at Rockhampton in central Queensland, has been put up for auction.
The three-storey building at <a href="https://www.realcommercial.com.au/property-hotel+leisure-qld-rockhampton+city-501716201" target="_blank">228 Quay Street </a>overlooks the Fitzroy River.
It is surrounded by historic buildings in the Rockhampton CBD.
The hotel was extensively refurbished in 2005 and comprises three bars, a gaming room with 14 EGMs, function rooms, a manager’s residence and office areas, a restaurant with a commercial kitchen and 20 accommodation rooms.
The iconic local pub announced its sudden closure to the public in March through its Facebook page in the face of mounting debts.
Built on an area of nearly 809 square metres, the hotel will be auctioned on November 13 in Brisbane through Leon Alaban and Brent McCarthy of Ray White for the receivers and managers.
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