Articles

  • 4 days ago | afr.com | Sarah Petty

    A 7-Eleven service station with a McDonald’s outlet in western Sydney was sold under the hammer for $18.4 million – the highest price paid so far this year for such assets – after nearly 300 bids at a commercial real estate auction in Sydney on Tuesday. Not only did the sale set the highest price for a convenience retail and fast food asset so far in 2025, it also achieved the strongest investment yield for a $5 million-plus asset in that category this year. Loading...

  • 4 days ago | afr.com | Sarah Petty

    Luxury retreats in remote settings, where a single night can cost $2000 or more, have become the best performing sector of the entire hotel market, with cashed-up tourists more willing to spend big on high-end experiences, close to nature. A boutique sector of luxury lodges has emerged to cater for the expensive tastes of affluent travellers.

  • 5 days ago | afr.com | Sarah Petty

    One of Queensland’s biggest privately owned pub groups, Steven Shoobridge’s Star Group, has snapped up a $24 million hotel in Rockhampton, the latest addition to a fast-growing portfolio of hotels, many of them in the state’s north. Born at Tully in northern Queensland and armed with a Harvard Business School education, Shoobridge has led a rapid expansion of Star. Majority owned by Shoobridge, Star boasts 53 venues, more than 115 retail liquor outlets and six accommodation hubs. Loading...

  • 5 days ago | commercialrealestate.com.au | Sarah Petty

    Skip to content.Contact Support 1300 799 109One of Queensland’s biggest privately owned pub groups, Steven Shoobridge’s Star Group, has snapped up a $24 million hotel in Rockhampton, the latest addition to a fast-growing portfolio of hotels, many of them in the state’s north. Born at Tully in northern Queensland and armed with a Harvard Business School education, Shoobridge has led a rapid expansion of Star.

  • 1 week ago | afr.com | Myriam Robin |Sarah Petty

    In 1895, denizens of the Melbourne Club were so bothered by a bacchanalian ball in the back garden that, according to club legend, they planted a series of plane trees to prevent the future erection of any marquees. The trees – and their surrounding greenery – are now the pride of the institution, and some of the oldest in Melbourne. They may impede far more than those historic revelries, if the club has its way. Loading... Follow the topics, people and companies that matter to you.

Journalists covering the same region

Alesha Capone's journalist profile photo

Alesha Capone

Property Journalist at The Herald Sun

Alesha Capone primarily covers news in Melbourne, Victoria, Australia and surrounding areas including Dandenong and Frankston.

Syan Vallance's journalist profile photo

Syan Vallance

Senior Reporter at ABC Melbourne

Syan Vallance primarily covers news in Melbourne, Victoria, Australia and surrounding areas.

Leah Glynn

Editor at Time Out Melbourne

Leah Glynn primarily covers news in Melbourne, Victoria, Australia and surrounding areas.

Alice Blackwood's journalist profile photo

Alice Blackwood

Melbourne Editor at Indesignlivesg & Cubes

Alice Blackwood primarily covers news in Melbourne, Victoria, Australia and surrounding areas.

Lucy Feagins

Editor at The Design Files

Lucy Feagins primarily covers news in Melbourne, Victoria, Australia and surrounding areas.

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Sarah Petty
Sarah Petty @sarpettywrites
8 May 25

The Sydney Roosters NRL team has bought a 26-room apartment block across the road from its home ground in leafy Paddington as it builds a real estate portfolio with a value that has already topped $100 million to reduce its reliance on gambling revenue. https://t.co/A7b6ZxKw15

Sarah Petty
Sarah Petty @sarpettywrites
7 May 25

More than 35,000 apartments and townhouses approved for development are sitting unbuilt in western #Sydney, an area expected to absorb more than half the #NSW forecast population growth to 2041, industry research shows. Read why ✍️ https://t.co/dNpQTfhqk1 @FinancialReview

Sarah Petty
Sarah Petty @sarpettywrites
26 Feb 25

RT @HSunRealestate: Aussies could save nearly $40k if they ditch the big banks https://t.co/c2f3rDBr21 @sarpettywrites #RBA https://t.co/UZ…