Lendlease’s Barangaroo South precinct is officially complete, marking the culmination of a 15-year urban regeneration project that has revitalised Sydney’s harbourfront.&nbsp;

In 2009, the NSW Government’s Barangaroo Delivery Authority appointed <a href="https://www.apartments.com.au/developers/lendlease-development">Lendlease</a> as developer to transform what was once an inaccessible container port on the western edge &nbsp;of Sydney’s CBD into one of the city’s most thriving mixed-use destinations. Today, Barangaroo South is home to more than 1,800 residents, 23,000 workers, 95 retailers and welcomes 33,000 visitors each day. The precinct stands as an international benchmark for large-scale urban regeneration.&nbsp;

International Towers Sydney, the three flagship commercial buildings at the centre of &nbsp;Barangaroo South, together with engineered timber buildings Daramu House and &nbsp;International House, attracted major corporate tenants from the outset, including Westpac, &nbsp;PwC and KPMG, who are still there today. These workplaces remain some of the most &nbsp;sought after in Sydney’s CBD with over 95 per cent occupancy– a testament to the appeal of world-class, modern infrastructure alongside the precinct’s dining and entertainment that &nbsp;are a drawcard for businesses.&nbsp;

One Sydney Harbour, the three luxury residential towers designed by world-renowned architect Renzo Piano, has achieved more than $4 billion in sales since its launch in 2019, while setting new Australia property price records. This includes the three-level penthouse that crowns Residences One which sold for more than $141 million in 2019 – the most expensive individual residential property ever sold in Australia. &nbsp;

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Barangaroo South is also Australia’s first mixed-use carbon-neutral development, an accolade achieved through energy-efficient and innovative infrastructure, including a district cooling plant with a harbour water heat rejection system, a recycled water &nbsp;treatment plant, onsite solar and an embedded electricity network.

The precinct has maintained its Climate Active Carbon Neutral certification since 2019, affirming its &nbsp;reputation as the gold standard in large scale, sustainable urban renewal. Additionally, its &nbsp;world leadership status has been validated by the Green Building Council of Australia’s &nbsp;6 Star Green Star Communities recertification (Pilot v.2).

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First Nations cultural values were embedded throughout the planning and delivery of the project. The precinct honours Barangaroo, a prominent First Nations woman, through its &nbsp;name. Public art, street names, and design elements across the precinct reflect and &nbsp;celebrate First Nations cultures and connections to Country.&nbsp;

The project's completion positions Barangaroo South as a legacy urban transformation delivered through long-term partnerships and world-leading urban regeneration and placemaking capabilities. &nbsp;

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Tony Lombardo, Group CEO Lendlease, said&nbsp;Barangaroo South represents one of the most significant urban regeneration projects in Australia.

"[It] demonstrates what can be achieved through an ambitious vision, innovative placemaking, long-term commitment and strong partnerships. The precinct has changed the face of Sydney's waterfront, established new benchmarks &nbsp;for sustainable development, and provided a model for urban regeneration that continues &nbsp;to inform our approach to creating places that deliver long-lasting value.”&nbsp;

Tom Mackellar, CEO Development Lendlease, said&nbsp;Barangaroo South has reconnected the city to its harbour in a way that seemed unimaginable 15 years ago and turned it into a thriving precinct where people can live, work and gather on the harbour’s edge.&nbsp;

“This precinct is the result of countless contributions, led by the NSW Government who set the ambition, supported by investment partners who believed in Lendlease’s vision, imagined by architects and designers, shaped by consultants and artists, and brought to &nbsp;life by our dedicated construction teams. &nbsp;

“What we’ve created here is more than buildings – it’s the best of placemaking, sustainability, arts and culture and quality design. Barangaroo South has become an integral part of Sydney that will serve our city and economy for generations.”

Staff Writer

Barangaroo South’s 15-year transformation of  Sydney’s waterfront officially complete

CBE Asia Pacific has lodged plans for a prominent corner site in Fitzroy North, with a proposal that integrates state-significant affordable housing alongside heritage adaptation and new retail.

The application covers a consolidated 2,024 sqm parcel at 201–215 Queens Parade and 6–12 Dummett Crescent. The site includes the heritage-listed Former Clifton Motor Hill Garage, fronting Queens Parade, and vacant land to the rear abutting Dummett Crescent.

According to planning documents prepared by proUrban, the proposal seeks approval for a 12-storey residential building comprising 98 apartments, including a component of affordable housing, over a ground floor retail podium integrated within the heritage structure. Approximately 780 sqm of retail space will occupy the ground floor, while residents will have access to over 850 sqm of communal amenity.

The built form presents as two connected volumes: a 12-storey tower addressing Dummett Crescent and a five-storey volume fronting Queens Parade, the latter consistent with a separate Heritage Victoria permit granted in 2023. The tower reaches a maximum height of 38.26 metres, with upper-level setbacks of 14 metres from the western boundary to reduce visual bulk. A 1.5-metre footpath widening is proposed to Dummett Crescent Lane.

Parking is provided across four basement levels, accessed via Dummett Crescent, with a total of 142 car spaces and 143 bicycle spaces.

The architectural response by <a href="https://www.apartments.com.au/architects/cht-architects">CHT Architects</a> is framed by a need to reconcile new density with a sensitive heritage overlay. The Former Clifton Motor Hill Garage, identified as a place of State heritage significance, will retain its key façades, with demolition and reconstruction limited to approved elements.

As noted in the Heritage Impact Assessment, the proposal remains consistent with the Heritage Victoria permit, which allows "partial demolition, reconstruction and new works, involving the construction of a five-storey multi-use development and three basement levels".

Affordable housing has been embedded into the proposal under Clause 53.23, with specific apartment allocations aimed at enhancing housing diversity within the Queens Parade Activity Centre.

"The proposal is generally consistent with the relevant policy objectives and the intent of the Yarra Planning Scheme," proUrban states in its planning assessment, citing its alignment with strategic documents including Plan Melbourne and Victoria’s Housing Statement.

CHT Architects' plans emphasise a tiered design that acknowledges the site's varied interfaces—from the elevated Heidelberg Road ramp reserve to the recently built Clifton Views aged care facility to the north-east.

CBE Asia Pacific has not been previously active in this precinct, but the project joins a wave of higher-density residential proposals along the Queens Parade corridor, spurred by Melbourne’s broader push to increase affordable housing in well-connected inner-urban areas.

The site benefits from direct access to the Queens Parade tram corridor and proximity to Clifton Hill Station (approximately 200 metres), as well as green open spaces including Mayors Park and Raines Reserve. Clifton Hill Primary School and the Queens Parade retail village lie within walking distance.

First look: CBE Asia Pacific plans 100-apartment Jenkin House on Queens Parade, Fitzroy North

ALT Pasta, one of Melbourne’s most beloved inner-city pasta bars, has been confirmed as one of the first tenancies for the highly anticipated <a href="https://www.apartments.com.au/new-apartments/comme-prahran-182-194-commercial-road-prahran-vic-3181">Comme Prahran</a> development, marking an exciting next chapter for the cult favourite as it prepares to expand into the heart of <a href="https://www.apartments.com.au/developments/prahran-vic-3181">Prahran</a>.

Fresh off being named National Best Italian Restaurant at the 2025 Restaurant &amp; Catering Hostplus Awards for Excellence, ALT continues to solidify its reputation as a quietly confident leader in Melbourne’s dining scene. Lauded for its reinterpretation of Italian pasta through a Korean and Japanese lens, the restaurant has grown into a staple since opening three years ago, and its new Prahran outpost will only deepen its local impact.

“From the very beginning, ALT has been about respect - for tradition, for ingredients, and for the process,” shares Mino Han, ALT’s founder, a Korean-Australian chef whose vision is shaped by cultural duality and craftsmanship.&nbsp;

“We’re not trying to reinvent the wheel, just make something beautifully familiar, feel quietly special,” added Han.

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Positioned at the entrance to Comme Prahran and directly opposite the iconic Prahran Market, the new venue will celebrate the interplay between casual comfort and elevated detail. Designed in collaboration with Rooftop Architecture, the same team behind ALT’s flagship city location, the space will mirror the neighbourhood’s laid-back energy while staying true to the brand’s understated refinement.

Diners can expect a frequently changing menu that takes advantage of the market’s daily produce, along with set menu offerings exclusive to this location. A distinctive chef’s table and open kitchen format are also in the works, allowing guests to experience ALT’s signature intimacy and transparency in a new light.

ALT Prahran won’t replace the original venue; rather, it complements it.

“Our city site is like our heritage bottle; it’ll age gracefully. Prahran is where we’ll play, explore new ingredients, and bring something special to the community,” Mino notes.

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For Comme Prahran, a boutique development by Leeka that blends heritage with multi-dimensional wellness, ALT Pasta’s arrival signals a meaningful addition to its vision of cultural connection, food-first living, and local engagement.

“Being part of Comme is more than just opening a second venue. It’s about contributing to a neighbourhood with character, history, and a strong sense of community. That’s something we deeply relate to,” says Mino.

Sustainability and cultural identity are deeply embedded in the ethos of ALT. From ingredient sourcing to interior design, the new location will reflect both environmental mindfulness and a spirit of inclusion, embodying the values of Melbourne’s diverse, forward-thinking culinary scene.

Comme Prahran is scheduled for completion in late 2027, with ALT Pasta expected to be among the first tenancies to open its doors shortly after.

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National best Italian restaurant ALT Pasta to open at Comme Prahran, bringing refined familiarity to Melbourne’s culinary heart

National BEST Italian restaurant ALT Pasta to open at Comme Prahran

&nbsp;Boutique development and construction firm Ryser has filed plans for its debut apartment building.

Ryser, founded by Jonthan Ryan and Wil Prosser, has sought to develop <a href="https://www.apartments.com.au/new-apartments/sorelle-4a-fern-place-woollahra-nsw-2025">Sorelle</a>, 28 new apartments at 4a Fern Place, Woollahra.

The&nbsp;750 sqm site on the edge of Bondi Junction falls within the Grafton Precinct Heritage Conservation Area, though it is currently vacant and not identified as a contributory item.&nbsp;

<a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> has been commissioned to design Sorelle, creating an eight and a nine-storey building with six apartments dedicated to affordable housing to support essential workers&nbsp;under the NSW Government’s low and mid-rise housing policy.

The dwelling mix includes 12 one-bedroom units, six one-bedroom affordable units, six two-bedroom units, and four three-bedroom residences.<img alt="4A Fern Place, Woollahra." data-entity-type="file" data-entity-uuid="86626941-772d-49c5-8d31-a8e42f44cdcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Fern%20bldg%20st.png?VersionId=tWIzXYX9gD60nP1L3..Z0BFbY5mafb36" />

According to the planning documents submitted to the Woollahra Council, the development responds to the complex interface of heritage fabric and urban infrastructure with two mid-rise residential buildings oriented to the north and designed to capitalise on sweeping views over Sydney Harbour and Bellevue Hill.&nbsp;

“The proposal aims to hero some of the brick detailing of Woollahra, celebrating the existing datums of Fern Place, whilst embracing the strong verticals of the Holy Cross Church and Bondi Junction with a nod to the historic iron works and iron rich soils of the area,” Woods Bagot noted in their Design Report.

&nbsp;

Only three car parking spaces are proposed, alongside 33 bicycle bays, in a move that leverages the site's proximity to Bondi Junction train station, just 400 metres away.

Architecturally, the material palette incorporates Corten steel and face brickwork to reference the site’s industrial past and local geological character. Landscaping features include a communal garden bridging the two buildings at ground level, landscaped setbacks to protect visual privacy, and a small corner park intended to soften the public interface.

<img alt="4A Fern Place, Woollahra." data-entity-type="file" data-entity-uuid="f71766d6-aa14-44df-9bc5-42f91890fd4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Fern%20bldg%20rear.png?VersionId=uh7u1rJ6NJF5OqyRs9iNJcy6R9ssgaXU" />

Ryser said Sorelle "brings together the best of both worlds, the intimacy of village life with the amenity and luxury of modern design."

The developer said the project marks the first of three developments they will be announcing shortly, a key step in their&nbsp;evolution as a builder-developer delivering meaningful, high quality urban outcomes across Sydney.

The expectation is the Woollahra LGA will become popular for developers with the signal from the NSW Government they will deliver&nbsp;<a href="https://www.apartments.com.au/developments/sydney-nsw" target="">Sydney</a>’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around&nbsp;<a href="https://www.apartments.com.au/developments/woollahra-nsw-2025" target="">Woollahra</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/developments/edgecliff-nsw-2027" target="">Edgecliff</a>&nbsp;stations.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/next-stop-woollahra-train-station-delivering-up-to-10-000-new-homes-in-the-heart-of-sydney">Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney&nbsp;</a>

Joel Robinson

First look: Ryser plans two apartment buildings on Woollahra, Bondi Junction border

ASX-listed developer <a href="https://www.apartments.com.au/developers/cedar-woods" target="">Cedar Woods</a> didn’t miss a beat when the opportunity arose to acquire a prime residential development site in one of Perth’s most popular suburbs. In 2019, the developer secured the former Wembley TAFE site, a 1.4-hectare parcel perfectly positioned on the western edge of <a href="https://www.apartments.com.au/developments/subiaco-wa-6008" target="">Subiaco</a>’s vibrant centre.

The first stage, <a href="https://www.apartments.com.au/new-apartments/incontro-subiaco-133-salvado-road-subiaco-wa-6008">Incontro Townhomes</a>, delivered 41 contemporary homes that embrace the suburb’s unique blend of nature and urban energy. Now, Incontro Apartments continues that story, offering a collection of new residences in a market limited with new residential stock. The rarity of a development in such a prime pocket hasn't been lost on buyers, with more than 60 per cent already sold in the early stages of construction.

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Set on the tree-lined Bishop Street, in a quiet pocket within Western Subiaco, Incontro Apartments offers convenient access to several lush parks and recreation spots.&nbsp;

Within the estate is Incontro’s Little Green, a linear park that connects the Incontro townhome precinct with the future apartment building. This peaceful stretch of landscaped parkland features shaded seating and communal spaces for residents to relax and interact close to home.&nbsp;

Less than 400 metres away is find Henderson Park, a perfect spot for morning walks, weekend picnics or casual exercise. Neighbouring Henderson Park is Mabel Talbot Park, home to Jolimont Lake and a playground, while just a little further lies Pat Goodridge Park, offering a large sports field and another playground.&nbsp;

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For something closer to home, Subiaco Common provides a peaceful green retreat right on your doorstep - ideal for reading under the trees, walking the dog or relaxing with friends.

Beyond the parks and open spaces, Incontro residents are just moments from everything that makes Subiaco such an enviable place to live.&nbsp;

Down the road is Bishop Street Café, a local favourite for a morning caffeine fix. Subiaco’s Rokeby Road and Hay Street are lined with retailers, cafés, vibrant bars and some of Perth’s most loved dining spots, from long lunches at Refuge Small Bar or Juanita’s, to weekend brunch at Community Coffee Co. or Boucla Café. Add to that a strong sense of local community, regular markets, and the energy of Subiaco Square, and it’s easy to see why Subiaco continues to be one of Perth’s most liveable and in-demand suburbs.

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Construction of Incontro Apartments is now underway by <a href="https://www.apartments.com.au/builders/emco-building">EMCO Building</a>. With completion expected in mid-2027, buyers have the chance to join a thriving Subiaco community in the not-too-distant future. &nbsp;

One-bedroom apartments are now sold out, with only a selection of two-bedroom apartments and just three three-bedroom residences remaining. Each features generous layouts, stylish finishes and private balconies to enjoy the leafy outlook that makes this Subiaco address so special. Prices start from $925,000*.

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Over 60 per cent sold as Incontro Apartments captures Subiaco’s leafy appeal

Warehouse

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A national business has snapped up an industrial warehouse in Maddington, in the City of Gosnells for $3 million (plus GST).   The Davison Street property comprises a total of 7,640 square metres, with 2,761 square metres of building area.
The block is offered easy access to Tonkin, Roe and Albany Highways.
The property was listed by Ray White Commercial (WA) Sales and Leasing Agent Josh Sumner.    Mr Sumner said Maddington was traditionally a transport hub but it was hard to find an asset available of this stature.   “The property also appealed because it was a secure green title lot that’s set in the heart of the Maddington industrial precinct.
Other features included warehouse, office and amenities, canopy, five-ton gantry crane, 12 loading docks and security cameras. The asset also came with 15 roller doors, dual cross overs, container laydown area, ample power, three-phase power and transmitter aerials for communication.
It previously sold in 1988 for $475,000.
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j.ballantyne1990-6AQqhLzZaK

National business purchases Maddington warehouse for $3 million

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The growth area in commercial building remains warehouses.
Approvals to build new warehouses are up 39 per cent over the last year and near record highs.
More warehouses are being built to support the online spending sector. 
Overall, commercial building is booming – just below record highs.
Over the year to March, building approvals totalled $117.09 billion, 15.8 per cent above the decade average.
The value of all commercial and residential building approvals fell by 6.5 per cent in March after rising 3.3 per cent in February.
Residential approvals fell by 5.9 per cent with new building down by 7.2 per cent, but alterations &amp; additions were up by 3.3 per cent. And commercial building fell by 7.3 per cent.
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Warehouse building boom carrying commercial property sector: CommSec

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A part of the historic Cyclops toy factory in Sydney inner west is up for sale. 
The warehouse at 40-76 William Street in Leichhardt is being marketed by Knight Frank agent Demi Carigliano.
The 6,931sqm property consists of a 10,060sqm commercial building spanning four levels that is rented to a self-storage facility.
It is the last part of the original warehouse, with the remainder having been converted into apartments.
The remaining part of the old toy factory will be offered to the market for the first time in 30 years.
“Investors can either keep it in its current use as a self-storage building, reposition or re-adapt the existing building into a commercial or food and beverage hub or undertake a residential or commercial redevelopment of the site, subject to council approval," Demi Carigliano said.
He suggested the site has the potential to become a precinct similar to The Grounds of Alexandria, Tramsheds in Glebe or the Cannery in Rosebery.
There are no heritage restrictions on the property to prohibit or restrict development.
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“This is one of the largest freestanding buildings in this area.
“The property has a three-street frontage, including 88 metres on William Street.
It’s also in close proximity to the Leichhardt light rail station.
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Historic Cyclops, Leichhardt toy factory listed with development potential 

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An inner-city property with three street frontages and potential development in Collingwood has been offered to the market.
Located at 4-12 Langridge Street, the property comprises a standalone brick warehouse with 358 sqm of internal space.
Set on a 368 sqm site, it is zoned Commercial 1 under the City of Yarra Planning Scheme.
It comes with a frontage of 39 metres, 24m to Langridge Street and 15m Little Oxford Street.
The property also features RSD access, off-street parking for up to six cars, and a third access point via a laneway at the rear.  
It is for sale subject to a five year lease, expiring March 2022, at a current rental of $81,120 per annum net.
While the tenant has a further five year lease option, a redevelopment clause provides the owner with the option to give 12 months’ notice to the tenant at any time after the fourth year of the initial term.  
According to marketing agents, Teska Carson’s Luke Bisset, George Takis and Matthew Feld, the property offers an opportunity for investors to acquire a well located freehold, situated in one of Melbourne’s most sought-after inner-city suburbs. 
Mr Takis said the favourable Commercial 1 zoning and multi-storey height precedent provided scope for a multitude of development options. 
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Collingwood site with three street frontages listed

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A local owner-occupier has snapped up a freestanding warehouse in Clyde for $1,255,000.
It sold for a substantial amount over its reserve, $215,000.
The property at <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1MsQ8lDBqOLeGnfqPgIdmzmVW8USMH2yRIkL23sKlvcw9AAv2bvY52GmBAZy16vj3BhYNz9cFD6gPPo3wtw9Tl6rxxyOSnKBeNH55VYGKsEZcw68SVLD5QlbW5rX1oZoHg==&amp;rh=ff00500ae78142c04938e3ab6e45ae1ee58c25f0" target="_blank" data-auth="NotApplicable">4 Marsh Street</a> comes with a 466sqm building area and 493sqm land area.
It had been occupied by an established tenant for the last 18 years.
The property was sold by Ray White Commercial NSW – Western Sydney Director Joseph Assaf and Associate Director Sam Bechara.
Mr Assaf said because of recent re-zoning in the immediate proximity to mixed-use residential, industrial properties in the area had become harder to come-by.
<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/2019/8/14/Digital%20Images%20In%20Design%20Mark%20Ups2%201.jpg" alt="">
“There’s a real shortage of properties like this one, and that showed during the campaign with more than 80 enquiries and 31 contracts issued.
“We had eight bidders battling it out on the day, with the opening bid starting at $850,000, before climbing all the way up to the sale price of $1,255,000.
“The buyer had been looking for a property of this type in the area for a while and plans to occupy in the future for mechanical business purposes.” 
The asset offered a warehouse and office area, roller door access, high clearance, three-phase power, three on-site car parks, and truck access.
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Local owner-occupier snaps up freestanding Clyde warehouse

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AN office/warehouse, home to Aussie BBQs and Fireplaces, has sold in the Brisbane suburb of Murarrie for $1.5 million.   The asset, that came with a 373sqm warehouse, 101sqm office and 176sqm BCC approved mezzanine, was sold prior to the campaign.   The property at <a id="LPlnk653855" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1MsQ8lDBqOLeTQsiE01fqr/solIqpVIvdP83k7zG6scvFJR3lBLs6EP8p8fDxW07cOZKmN1ZWpzXrNGthulOWQkmy0a32H20ywEnCCLBt0rhffUOWhowq+mPMTvpsoQwA7np2MeE2DIk&amp;rh=ff004e92be2b21d14f55af79ab48a4b19580bcfd" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">10/210 Queensport Road North</a> was marketed and sold by Ray White Commercial TradeCoast Industrial Sales and Leasing Manager Jared Doyle and Sales and Leasing Executive Jack Gwyn.   Mr Doyle said it was thanks to the intervention of Ray White Commercial Queensland’s Director - Sales John Dwyer that the property never made it to market. 
“We were going to run a formal marketing campaign but decided to run it through our databases first to offer our bank of investors a pre-campaign opportunity.   “John saw the details from our database mail-out and recommended it to a friend of his who was in the market for a solid investment property, and he ended up purchasing the property.   “Murarrie is one of the most sought-after industrial and commercial hubs due to its highly convenient proximity to the Port of Brisbane, Brisbane CBD and the Gateway Motorway, connecting you to Queensland's major arterial network."
<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/2019/7/15/murarrie%202.jpg" alt="">   Mr Gwyn said the location of the site and the fact it was fully-leased to a well-known brand that had been in place for a while were real drawcards. 
“Aussie BBQs is a long-standing tenant and has occupied the premises for 12 years, but not only that, they’ve also recently executed a new 5+5-year lease,” he said.   “Murarrie’s Nautilus Business Park is a favourite for investors and this particular property delivers a current p.a. net income of $108,000 + outgoings + GST.
<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/2019/7/15/murarrie%203.jpg" alt="">   “It has an extensive high-calibre fit-out purposely tailored for Aussie BBQs, with the majority of the showroom featuring upgraded ducted air-conditioning, BCC approved and well-engineered extension, alarm system, gas lines, fork doors from the warehouse and office.   “It also offered six exclusive car parks on the title, including three under cover.”
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Murarrie Aussie BBQs office/warehouse sells for $1.5 million

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A two-storey Moorabool Street, Geelong building, once the John Daniel’s Ironmongery warehouse in the 1860s, has been listed for sale.
The bluestone frontage to Baylie Place is a piece of industrial heritage.
The former Mikasa outlet at 186 Moorabool St, which is hidden behind aluminium cladding, has been listed for auction on May 30.
McGrath, Geelong agent David Cortous holds the listing.
A price guide around $950,000 to $1.045 million has been set.
Mr Cortous said its history as a big warehouse with exposed timber beams could dictate buyers future plans.
Set on a 262 sqm block, it has about 560 sqm of floorspace.
“To be honest, I’ve got somebody looking at it for residential use,” he said. “Using the back entrance as the main facade, decking out the full top floor as a residence with a six-car garage at the bottom.”
The Moorabool St shopfront would be retained, he said.
“There’s a lot more inner city living, especially around the Little Ryrie St area,” he said.
The timber and stone elements warranted an A-listing from the Heritage Council, which lauded timber detailing often absent from the otherwise austere warehouses.
The property goes to auction on May 30 at 11am.
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John Daniel’s 1860's Geelong ironmongery warehouse premises listed

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A Chermside property has been sold for $3.5million in an off-market deal to Centennial Industrial &amp; Logistics. 
The partially leased property had a new 10-year lease.
There was also an additional vacant building and a parcel of land for development at 594 Rode Road.
Totaling 10,860sqm, the site features two warehouses of 703sqm and 1,060 sqm at the rear of the site and a 270 sqm showroom.  
JLL Industrial agents Gibson Leembruggen and Fraser Power secured the sale. 
JLL has also been engaged to offer the building for lease and the refurbishment is underway for this tenancy.
“Centennial Industrial &amp; Logistics has invested considerable time in the area with this acquisition enabling them to consolidate a sizeable 4.3 ha holding across three adjoining properties,” said Mr Leembruggen.
“By controlling the neighbouring site they are able to unlock additional value by amalgamating the rear surplus land with 590 Rode Road. 
"Their intention is to develop a high-end industrial estate and land subdivision targeting small-to-medium size users with an end-value of approximately $30 million,” he said.
 “Given the proximity to the hospital, Westfield Chermside and exposure to Rode Road, the site may also offer the potential for higher end retail uses and potentially aged care options.” 
His colleague Fraser Power noted the lease to Allkind Joinery &amp; Glass is returning $160,000 per annum net. 
“The current occupier has called the site home for over 30 years,” he said.  
Centennial Industrial and Logistics is a sector specific, national property funds management group with offices in Sydney and Brisbane.
It has $180 million of investment and development assets under management.
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$3.5 million for Chermside warehouse property

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A newly refurbished warehouse in the Gold Coast suburb of Nerang has sold pre-auction for $300,000.
The <a id="LPlnk782630" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGYr1PkEqKl6Ax+ys3ix4tNjtOaxdsC8ZBolhV+WJOtZo=&amp;rh=ff004bbdd2c5508a98e8d94d014a8aaa51810060" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">3/21 Lawrence Drive</a> building has a 148 sqm building area along with a 35 sqm approved office mezzanine.
It was one of five units in the complex.   The property was sold by Ray White Commercial Gold Coast agents Jared Johnson and Lachlan Marshall.   Mr Johnson said the seller, who owns and runs his own local fridge panel installation company, was an owner occupier looking to downsize.   “The buyer is an owner occupier looking to upsize from his current space rented in Burleigh."
 He owns and runs Pratley Guitars, a local guitar designer and manufacturer, he said.   “We had an influx of interest from small businesses looking to purchase a property rather than renting.   “The asset was available as vacant possession.”
It was strategically positioned on one of Nerang’s busiest streets, with easy access to the M1 Pacific Motorway, from both the northbound and southbound entry points.   It provides an industrial height roller.  
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Nerang warehouse sells for $300,000

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Hands were being raised furiously as a total of 26 bids saw a Clayton office/warehouse sell under the hammer on site at Unit 21, 1866 Dandenong Road, for $500,000.
With a 219 square metre total building area, <a href="https://www.raywhite.com/vic/clayton/2057662/" target="_blank">the vacant property</a> provided a balance of warehouse and office space, with three car parks on the title that included two undercover.
The property was marketed and sold by Ray White Commercial Oakleigh Sales and Leasing Consultants Joshua Colosimo and Paul Rizzo.
Colosimo said because the business park was so tightly-held, the sale figure reflected a return of $2,500 per square metre, a record price for the estate.
“There was a genuine buzz around the auction with a crowd of 40 people turning up, and the asset eventually sold to a local investor, who will look to lease the property out,” he said.
<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/2019/3/26/007_Open2view_ID559863.jpg" alt="">
“The opening bid started at $350,000, and with competition for the site so strong, it was 25 bids later when it eventually sold for $500,000.”   Rizzo said the potential buyers understood the office/warehouse was in a prime location in one of Clayton's most tightly-held and highly sought after business parks.   “The property included a first floor office area of 80sq m* and had ample amenities including ground and first-floor toilets and shower,” he said.   “It also came with a container-height motorized roller door, three-phase power, alarm system, split system heating/cooling and had kitchenette facilities on both the ground and first floor.”
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