<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

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Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Hotel Listing

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A historic Braidwood hotel, once frequented by Mick Jagger, has been listed with $2.6 million hopes.
The two storey property at <a href="https://www.realestate.com.au/property-house-nsw-braidwood-132195558" target="_blank">145 Wallace Street</a>, the comprises a pub, a restaurant, bottle shop, and an 17 bedroom hotel. 
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The Royal Hotel was built by James O'Brien in the 1890's and was once a staging point for coaches during the boom time of the gold rushes.
It became officially known as The Royal Mail Hotel in 1970 while the movie Ned Kelly was being filmed in the area.
Legendary rock singer Mick Jagger, who starred in the film, stayed at the hotel during its production, and was known to frequent the bar in his time-off.
The pub is ran by former Araluen farmer Jamie Raynolds, who took over the lease in 2016. 
Ray White's Denver Shoemark is marketing the property.
  
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Historic Braidwood hotel, once visited by Mick Jagger, hits the market

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The leasehold interest of the Captain Cook Hotel in Paddington has been listed for sale. 
The commanding four-storey hotel sits on 545 sqm near the Moore Park sports stadiums on the corner of Flinders Street and Moore Park Road.
The hotel comprises a main bar area, live music and band room and a bistro room that extends to a side courtyard.
There's also a pokies with 15 gaming devices.
The upper level accomodation rooms are subject to a proposed sublease to Clover Backpackers on an initial three year lease which substantially offsets the hotel rental.
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It is being offered on an unexpired lease term of 17 years.
MQ &amp; Associates agent Leonard Bongiovanni is marketing the leasehold on behalf of Jirsch Sutherland Insolvency Solutions.
It has been mooted that declining crowds following the nearby stadium demolition contributed toward the current trading situation.
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“The Captain Cook Hotel offers entry into the tightly held Sydney Pub market," Bongiovanni said.
"The Hotel has the bones to trade as a magnificent venue with an astute operator poised to take advantage of the busy surroundings by tapping into both local, and busy event trade. 
"The venue truly is in the box seat for a grand new beginning.”
The Sydney Cricket and Sports Ground Trust reported that close to two million fans visited the SCG and Allianz in the 2018 financial year.
There will likely be a higher influx of fans attending the Allianz when construction finishes on the modern 45,000 seater stadium.
 
 
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Paddington's Captain Cook Hotel leasehold listed

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The Larmont Hotel in Sydney's King Cross has been listed for sale with $55 million hopes.
The 103 room, five-star hotel is ranked seventh in Sydney by TripAdvisor having undergone an extensive $8 million transformation before re-opening its doors in late 2017.
The building last traded for $23.2 million in 2014 when it was sold by 8Hotels group, the boutique hotel group of the Melbourne-based hotelier Paul Fischmann, who had paid $18.2 million in 2013.
It was bought by listed Singapore real estate developer Tee Land, who, along with Lancemore Group hoteliers Jan and Peter Clark, spent $12 million on acquiring the privately held apartments on levels 11 and 12 and turning the 24 units into more rooms.
It became Larmont Sydney by Lancemore, having previously operated as the 76 room Diamant Hotel. Levels seven to 10 are commercial strata offices.
Set behind the King Cross icon the Coca-Cola sign, Larmont has a number of rooms with extensive terraces that look across the city skyline and the harbour.
Rooms start at $215 a night.
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Each room is designed by Hassell studio and is fitted with modern furniture, marble bathroom vanities, freestanding baths and rain showers.
They have semi-open bathrooms which allows guests to take in the city views.
It also has an in house restaurant, Hyde.
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Gus Moors and Karen Wales are marketing the building, with two retail tenancies also to be listed.
The Larmont is currently ran by the Lancemore Group, a family ran business who are offering a hotel management agreement for the successful buyer.
The Lancemore Group have six hotels across New South Wales, Queensland and Victoria, including Lindenderry on the Mornington Peninsula and Alamanda at Palm Cove near Cairns.
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Potts Point's Larmont Hotel building for sale

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A hotel in Camperdown is set to hit the market amid the NSW Government upgrade and revitalization of the corridor between Sydney and Parramatta.
The contemporary freehold property at 108 Parramatta Road consists of 37 self-contained hotel rooms across its three levels.
Last traded for $2,025,000 in 2005, the property, owned by a private investor family, is on a 5 + 5 + 5 year lease to longstanding tenant Quality Suites Camperdown. Rooms fetch between $179 and $209 a night.
It has a building area of 1,400 sqm on its 485 sqm site, with three street frontages along Parramatta Road, Lyons Road and Purkis Street.
The property is for sale through Andy Hu and Michael Simpson of Savills Australia and Anthony Pirrottina and Demi Carigliano of Knight Frank. 
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The listing comes amid the Urban Transformation Strategy which aims to improve the corridor between Parramatta and the Sydney CBD over the next 30 years.
The strategy will invest in homes, jobs, transport, open spaces and public amenity. 
Camperdown, in Sydney’s Inner West, has been identified as one of the eight ‘Precincts’ earmarked for renewal due to its unique access to jobs, transport, infrastructure and services, such as the Royal Prince Alfred Hospital and the University of Sydney. 
The Precinct which will be known as the ‘Camperdown Triangle’ will offer taller buildings catering to both residential and business markets – a combination of health, education, technology, attracting new business to this crossroad and reinvigorating the wider area.
Savills agent Andy Hu said properties such as [the Camperdown hotel] are rarely offered to the market in the tightly-held Sydney CBD Fringe. 
“We expect a lot of interest from local investors as well as a large number of offshore investors looking to capitalise on the changing landscape of the area” he said. 
“Hotels are definitely seen as a safe haven investment, especially in Sydney, with growing tourist numbers year on year” Hu added.
According to recent data from Savills Australia, Australian domestic visitor nights were up 2.5% to 22.8 million and international visitors were up 4.1% to 3.9 million for the year ending January 2019.
Of the top 10 international visitor markets, Australia made up 38.7% of the total share of visitors, with China following at 11.7%.
 
 
 
  
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Quality Suites Hotel in Camperdown listed by Savills for over $17 million

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Port Adelaide's iconic Portland Hotel premises has been listed for sale for the first time in over a decade.
The <a href="https://www.commercialrealestate.com.au/property/286-commercial-road-port-adelaide-sa-5015-2014996691" target="_blank">Commercial Road property</a> last sold in 2006 when it fetched $2.3 million, $300,000 up from its $2 million trade just two years earlier.
The Portland Hotel was established in 1886.
The ground floor comprises a sports bar with pool table, a bistro lounge, TAB, alfresco area and a gaming lounge with 33 machines.<a href="http://commercialpropertysearch.savills.com.au/ad924a0c-5a44-e911-80dd-005056816dfc/Sale/Port-Adelaide/286-Commercial-Rd"> </a>It is serviced by the main kitchen.
Upstairs there are 14 bedrooms, a communal kitchen and an office.
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Savills agents Rob Williamson and Steve Bobridge are marketed the freehold corner property with a long term lease 5+5+5+5+5+5 years
It has a current net rental of $235,000 per annum with a building area of 1,155 sqm.
 
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Savills list Port Adelaide's Portland Hotel

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The Hotel Gracelands in Parkes, NSW has been listed for sale.
Located at 7-9 Bushman Street, Parkes is the Hotel Gracelands as well as IKON, a restaurant and wine bar.
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They are currently under a 30 year lease until 2044 plus options until 2064 with annual rent increases to greater of CPI or 3%.
The hotel has 20 appointed rooms plus had DA approval which has since lapsed for 30 additional rooms.
They are reported as having "high level of repeat corporate clientele."
The net income for the property is $191,336 plus GST and the tenants pay all outogings.
In 2014 the property sold for $2 million.
The auction is set for October 23.
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Parkes' Hotel Gracelands for sale

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The recently relaunched Frisco hotel has been brought to market by Manenti Quinlan.
The Frisco, located at 46 Dowling Street, Woolloomooloo is to be sold via Private Treaty.
It is situated in the hospitality precinct of Woolloomooloo, close to the Sydney’s CBD.
Nick Butler from Manenti Quinlan stated, “the current owners have overseen an extensive renovation, relaunching with modern improvements while paying due respect to its naval heritage."
The Hotel, which has 17 gaming machines, is set on 323 sqm and earns around $3.5 million a year in revenue a year across food, bar and gaming.
Set over two levels, the Frisco’s bar, food and function offerings range from rivate dining options for 10 people expand to function packages for up to 350.
The Frisco also holds six accommodation rooms located on the third floor.
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Woolloomooloo's Frisco hotel on the market two years after makeover

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Savills have sold The George Hotel in South Melbourne.
The corner property, located opposite the South Melbourne Market, was bought by a mainland Chinese investor.
The historic inner-city pub sold on a 4.86 per cent yield for $5.2 million.
It reflected a 30 per cent capital gain in less than three years for the Tresise family whose Commercial Hospitality Group will continue to operate it under a lease agreement, which has just over four years to run plus renewal options.
The George Hotel was marketed as "an outstanding investment opportunity with significant future development upside, strong income and a blue-chip position." 
<div data-bind="html: descriptionExpandableTextArea.displayText, css: { collapsed: !descriptionExpandableTextArea.isExpanded(), animate: descriptionExpandableTextArea.animate }, element: descriptionExpandableTextArea.textElement, attr: { style: descriptionExpandableTextArea.style }">This two level freehold hotel recently came under a new 5+5+5+5 year lease that commenced this January with a current net rental of $253,146 per annum. </div>
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 The 406 sqm holding is zoned Commercial 1.</div>
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The George Hotel in South Melbourne sells to Chinese investor

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Langley Hall, one of Bendigo's most historic residences, has been listed for sale.
It has been operating as a B&amp;B, fetching between $175 and $200 a night for a room.
The Edwardian landmark in White Hills was built in the early 1900s for Henry Langley, the first Anglican Bishop of Bendigo.
The mansion and its collective buildings comprise over 1,200 square metres, including a grand manor and chapel.
There are 15 bedrooms. In World War I the large living and dining areas were used as medical residential accomodation and the hall was a recuperation centre for returned soldiers.
The 9045 square metre grounds have been restored to maintain the vision of architects William Vahland and John Beebe.
Vahland is regarded as being the principal 19th century architect in Bendigo.
Castran Real Estate father and son agents John and Lachlan Castran seek offers by July 25.
Langley Hall last traded for $1.61 million in 2010.
It has been operating as a B&amp;B, fetching between $175 and $200 a night for a room.
Langley Hall, built in 1903 by the Anglican Church, is expected to sell for about $3 million with scope for a commercial redevelopment or residential subdivision.
The <a href="https://www.realestate.com.au/property/484-488-napier-st-white-hills-vic-3550" target="_blank">484-488 Napier Street</a> premises have been listed by Anthony Gurry.
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Bendigo B&B Langley Hall listed for sale

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A multifaceted Hotel Motel in Hay Point with beachfront views has hit the market.
Savills Hotels agents Leon Alaban, Brent McCarthy and Christian Tsailikis are marketing the property in an area where the market is bouncing back due to a resurgence in mining activity. 
The Hay Point Hotel Motel at <a href="https://www.commercialrealestate.com.au/property/1272-hay-point-road-hay-point-qld-4740-2014383310" target="_blank">1272 Hay Point Road</a> has a June 20 auction, with local and interstate investors expected to be interested.
Christian Tsalikis said it was an ideal time to purchase the asset.   
“The successful purchaser is presented with an opportunity to acquire the asset at a time where market conditions in the region are continuing to improve," he said.
“With the local economy primarily underpinned by tourism, agriculture and mining activity, the influx of visitors to the area throughout this period has set the local economy on a steady incline."
The two hectare ocean front site located around 40 kilometres south of Mackay is minutes from the Dalrymple Bay and the BMA Hay Point coal terminals. 
“The waterfront exposure is arguably the main attraction of the property, and a real investment highlight," Savills agent Leon Alaban said. 
“The beachfront location provides patrons, diners, and lodgers with a relaxed and picturesque view."
The complex features a public bar complete with nine electronic gaming machines (EGM's), a bistro bar and dining room plus alfresco dining space, a commercial kitchen, an additional gaming room with a further 26 EGMs, plus TAB and Keno. 
Hay Point Hotel Motel also has a drive through bottle shop on site.
The Hotel services the immediate catchment unopposed, being the only general licence venue for around 25 kilometres, according to Brent McCarthy.
 
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