News

Up-to-the-minute news from our press teams providing the latest developments within Savills and across the property industry.  

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News

Hotel & Resort

Eumundi Portfolio Sold to Fortitudo Group

"Savills Hotels is pleased for our client, Eumundi Group Limited, on the successful sale of its premium portfolio, comprising five key assets across Queensland. The portfolio includes well-known venues such as the Ashmore Tavern on the Gold Coast, the Aspley Tavern, Aspley Central Shopping Centre, the Courthouse Hotel Murwillumbah, and the historic Plough Inn at Brisbane’s South Bank."

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News

Sales & Investment

Australia's Largest Purpose-built Co-living Asset For Sale

"Considered the largest purpose-built co-living asset in Australia, the brand-new, fully operational asset, 5PM- Burwood, officially hits the market for sale with an expected sale price of over $40 million. The property is exclusively represented by agents Andy Hu and Paul Savitz from Savills Australia and New Zealand, and Steam Leung and James Cowan from Colliers on behalf of a syndicate of private individuals."

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News

Commercial

Rare Alphington Landholding Offers Exceptional Development Opportunity

"A rare and exceptional development opportunity has arisen in Melbourne’s sought-after riverside enclave of Alphington. A substantial 3,100sqm landholding – the last remaining large undeveloped parcel in the enclave - with over 65m of street frontage, offers unparalleled potential for a luxury residential development (STCA) in one of Melbourne’s most desirable locations."

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News

Hotel & Resort

Premium Margaret River Retreat Released to Market

"A stunning accommodation retreat, set over 30 hectares in the heart of Margaret River wine country, has been offered for sale, with Savills Australia and New Zealand exclusively appointed to sell the property."

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News

Commercial

Iconic Essendon Toy Store Property Hits Market After Nearly 50 Years

"A rare opportunity has emerged to secure a prime corner property in one of Essendon’s most tightly held retail precincts. Currently home to Mind Alive, a beloved toy store operating since 1978, the property offers exceptional potential for occupation, investment, or redevelopment in a thriving suburban hub."

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News

Hotel & Resort

Rare Opportunity to Acquire Sustainable Luxury Canberra Estate

"A once-in-a-lifetime opportunity has arisen to take ownership of Pialligo Estate, a luxurious and sustainably operated hospitality and agricultural property spanning an expansive 12.6 hectares. Nestled in the heart of picturesque Pialligo, just 7.5 km southeast of Canberra’s CBD, the estate offers an unparalleled opportunity to acquire a stunning asset blending agriculture, hospitality and leisure."

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News

Hotel & Resort

Savills Appoints Niall Kumar to Sydney Hotels Team

"Savills Australia and New Zealand has strengthened its hotels expertise and capabilities with the appointment of hotel specialist, Niall Kumar, to its Sydney-based team. Niall joins the global agency with extensive experience in property investment, acquisitions, and financial analysis, combined with a Masters in Property Investment and Development."

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News

Commercial

Savills Expands NSW Commercial Sales Team

"Savills Australia and New Zealand has expanded its Commercial Sales expertise with the appointment of Harry George as Director within the global agency’s New South Wales team, based in Sydney."

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