![Kingswim school centre at 2 St Catherines Court in Mornington has sold to an investor.](http://web.archive.org./web/20170801084226im_/https://www.fairfaxstatic.com.au/content/dam/images/g/x/n/5/k/t/image.related.landscape.460x307.gxn5mi.png/1501569476578.jpg)
YMCA leased buildings sell for $12.4m
Two swim schools and a childcare centre in Melbourne's south-east have sold for a combined $12.4 million.
Property Editor at The Age and BusinessDay journalist for Fairfax's theage.com.au, smh.com.au, watoday.com.au and brisbanetimes.com.au.
Two swim schools and a childcare centre in Melbourne's south-east have sold for a combined $12.4 million.
The billionaire Besen family has offloaded a quarter stake in one of Australia's largest malls, the Highpoint Shopping Centre in Melbourne's west, for $680 million.
Melbourne's Theosophical Society will need to find a new spiritual home after selling its Russell Street headquarters for about $23 million
All buildings that have used flammable cladding will need to have it removed, an operation likely to cost billions of dollars, the head of the Victorian Building Authority says.
Diversified property group Mirvac has sold a half-share in its signature Olderfleet development in Melbourne at a benchmark price that will help re-rate premium office values in Australia's east coast office market.
A string of strong sales in Box Hill show developers have turned their focus to Melbourne's eastern suburbs, dramatically bumping up land rates.
A low-rise apartment block on Melbourne's leafy St Kilda Road boulevard has been snapped up by a Taiwanese developer handing Singapore-listed construction and property company Lian Beng Group a tidy $10 million profit.
The former home of Kozminsky jewellers in Melbourne's Bourke Street has changed hands for $7.6 million after being snapped up by Melbourne's Giannarelli family, setting a new benchmark land rate in city.
Big-box retailing is in for its biggest shake-up in years.
The Muir family, who hit the jackpot with the sale of The Good Guys to JB Hi-Fi last year for $870 million, have added another $92 million to their fortune selling bulky goods stores leased to the retailer.
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