Latest News

  • Gorman Commercial Raises Money for the Property Industry Foundation (PIF)

    Gorman Commercial raised $35,000 from our recent Charity Golf Day held at the Riversdale Golf Club which will be donated […]

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  • Sold on a Very Sharp 3.5% Yield in Carnegie

    Dean Alexander and Stephen Gorman  of Gorman Commercial sold 110 Koornang Road, Carnegie under the hammer in front of a […]

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  • Strong Appetite for Retail Assets with Quality Lease Covenants

    Tom Maule and Stephen Gorman of Gorman Commercial recently sold 344 Belgrave-Gembook Road, Emerald which is currently leased to the […]

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  • Retail Assets within Traditionally Strong Suburban Shopping Strips Perform Well

    Tom Maule and David Minton of Gorman Commercial along with Michael Gross and Alex Ham of Gross Waddell have sold […]

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  • Inner-East Vacancy Rate Tightens for Quality Fitted Office Space

    Adapt Capital have leased 420 sqm of prime grade office space for a 3-year term at 801 Glenferrie Road, Hawthorn […]

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  • Strong Demand from Tenants in the Inner-East

    Gorman Commercial’s David Minton has leased Amity Building Group a 170sqm office with two carparks on Level 1 at 693 […]

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  • Buyers Attracted to Sub-Million Dollar Price Point

    Located in busy  Macedon Plaza anchored by Woolworths and BWS, this 54 sqm shop occupied by Subway since 2012 returning $36,050 […]

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  • Well-presented Retail Shop with Two Fully Self-Contained Apartments Sold at Auction

    Gorman Commercial’s Jonathon McCormack and Andrew Prowse sold 1420 Malvern Road, Glen Iris for $1,225,000 at auction. The well-presented retail […]

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  • 360 Financial Strategists Relocate to Hawthorn

    360 Financial Strategists leased a 300 sqm office at 554 Burwood Road, Hawthorn through Gorman Commercial’s Richard Height. The tenant […]

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  • Confidence Reappears After the Federal Election in Quality Investments

    Confidence reappears after the election with over 60 people attending Gorman Commercial’s auction at 290-292 Doncaster Road, Balwyn North with […]

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  • Sold on a Sharp 3.5% Yield

    Gorman Commercial’s Jonathon McCormack and Andrew Prowse sold 1430 Malvern Road, Glen Iris on a sharp yield of 3.5% in […]

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  • High Profile Showroom Leased to Neighbouring Tenant

    A high profile showroom and attached rear warehouse at Units 1 & 2, 45-51 Scoresby Road, Bayswater have been leased […]

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  • Recently Converted Residential Property to Commercial Office Sees Rental Double

    David Minton of Gorman Commercial leased Level 1, 109 Auburn Road, Hawthorn to a local building and design company on […]

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  • Celebrations Opens in Monbulk

    Following a lengthy marketing campaign, Dean Alexander of Gorman Commercial negotiated a 10-year lease to an experienced Celebration’s operator at […]

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  • Training Ahead Australia Relocates to Maryibynong

    The former Sunbeam headquarters at 8 Sloane Street, Maryibynong sold a couple years ago and part of the warehouse component […]

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  • Leased to a High-End Residential and Commercial Building Company

    125 Church Street, Brighton has recently been leased to a Brighton based high-end residential and commercial building company. The two-storey […]

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  • Sub $1 million Freehold Investments Remain in Strong Demand

    Gorman Commercial’s David Minton sold 23 Worrell Street, Nunawading for $432,000 in an off market transaction to a local investor […]

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  • Income Producing Assets are Well Sought-after by Investors

    Tom Maule of Gorman Commercial sold 60 Dandenong Road West, Frankston in an off-market transaction for $950,000. The property was […]

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  • Permax Signs a Long-term Lease in Box Hill South

    Sydney based building company, Permax, a division of the parent company, Remedial Building Services, has signed a long-term lease of […]

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  • Multiple Offers Received to Lease Ground Floor Office

    The Ground Floor at 302-320 Burwood Road, Hawthorn was leased by Gorman Commercial’s  David Minton to a private accounting practice […]

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  • Short-Term Accommodation Required by Hawthorn Candidates Running for Office in the Federal Election

    With the looming Federal  Election, Dean Alexander of Gorman Commercial has been busy finding short-term accommodation in the Hawthorn area for The […]

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  • Quality Strata Office Suites in Demand

    Gorman Commercial’s David Minton sold Suite G03, 12-14 Cato Street, Hawthorn East for $820,000 on a rate of $5,190/m2 to […]

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  • Sold on a 4.9% Yield in Surrey Hills

    Over 80 inquiries were received throughout the Expression of Interest sale campaign of 1117 Riversdale Road, Surrey Hills. The property […]

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  • Leased within a Week

    Tom Maule and David Minton of Gorman Commercial leased 94 Union Road, Surrey Hills within 7 days on market at […]

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  • Vacant Land in Mulgrave Sold to Owner Occupier

    Jonathon McCormack and Andrew Prowse of Gorman Commercial recently transacted the sale of 15 Anzed Court, Mulgrave to an owner […]

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  • 2019 Summer Sales Results

    Summer has presented many great offerings to the market with outstanding results achieved Take a look at some of Gorman […]

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  • Demand for Secure Income Producing Assets

    A property leased to Dulux at 64 Dandenong Road West, Frankston sold at auction for $1,970,000 on a tight yield […]

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  • Specsavers Shop in Northcote Plaza Sold to Local Investor

    Gorman Commercial’s Tom Maule sold Shop 27, Northcote Plaza, Northcote for $1,100,000 on a yield of 5.3% at auction. The […]

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  • Strength in Inner-Eastern Investment Assets

    Tom Maule and David Minton of Gorman Commercial sold 611 Canterbury Road, Surrey Hills for $2,000,000. The price reflected a […]

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  • Xero Accounting Software Provider Moves to Hawthorn

    Business accounting software provider Xero have leased 1,450 sqm of office at 1A Oxley Rd, Hawthorn. Gorman Commercial’s Richard Height […]

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  • Competitive Bidding for Blue Chip Real Estate

    Gorman Commercial Real Estate’s auction of 33-35 Queens Avenue, Hawthorn has certainly provided a positive message regarding the early 2019 […]

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  • IGA Fiercely Contested at Auction

    Gorman Commercial’s Tom Maule and Jonathon McCormack are pleased to announce the sale of 342 Belgrave-Gembrook Road, Emerald via public […]

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  • Strong Interest in Sub $1 million Strata Assets

    Gorman Commercial sold Suite 6, 431 Burke Road, Glen Iris for $930,000 to a locally based investor. The property was […]

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  • Strong Appetite for Well-Placed Retail

    The corner retail building at 473 Whitehorse Road and 19A Edward Street, Mitcham occupied by long-term iconic Wendy’s Bakery at […]

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  • Equilibrium Gym Opens Up in Eltham

    A leasing deal was brokered at 1 Peel Street, Eltham with a new three-level building of 721 sqm with 18 on-site carparks […]

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  • Former Clegs Shoes Shop Leased to Hospitality Operator

    Tom Maule has leased 396 Lygon Street, Brunswick East for $95,000 per annum reflecting a rate of $300 psm. The […]

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  • Sold for $250,000 Over Reserve

    The corner retail building at 473 Whitehorse Road and 19A Edward Street, Mitcham occupied by long-term iconic Wendy’s Bakery at […]

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  • Supa Property

    A Ritchies Supa IGA and liquor store at 342 Belgrave-Gembrook Road, Emerald, is being sold by Gorman Commercial, who will take […]

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  • Former Paragon Cafe Leased to Giro DÍtalia

    Gorman Commercial’s Dean Alexander recently leased the former Paragon Café at 651 Rathdowne Street, Carlton to up and coming chef, […]

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  • Gorman Commercial Welcomes in the New Year

    Discover New Properties Available For Sale in 2019 Gorman Commercial has commenced 2019 with a number of exciting new offerings […]

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  • Sold in front of a Huge Crowd

    A double-storey brick shop converted into an office at 324 Auburn Road, Hawthorn and leased to two tenants sold at […]

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  • Rare Medical Clinic Sold in East Melbourne

    Tom Maule and Jonathon McCormack from Gorman Commercial sold a medical clinic, Units 19-20/201 Wellington Parade South, East Melbourne, to […]

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  • Tenant Secured within Weeks of Sale

    Gorman Commercial’s David Minton leased Suite 210, 12-14 Cato Street, Hawthorn East to Archmap Architecture on a 5 year lease […]

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  • 4 Sales in 3 Months in Auburn Road, Hawthorn

    Gorman Commercial sold 332 Auburn Road, Hawthorn for $965,000. Gorman Commercial’s Tom Maule and David Minton handled the sale on […]

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  • Sold for $150,000 Over Reserve

    Tom Maule and David Minton of Gorman Commercial sold 616 High Street, Kew at public auction for $631,000, $150,000 over […]

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  • Suburban Shop & Dwellings Well Sought-After by Investors

    Gorman Commercial’s Tom Maule and David Minton sold 633 Burwood Road, Hawthorn East for $940,000 with vacant possession to a […]

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  • Scarcity of Freehold Property Available in Sub-Million Dollar Range

    Gorman Commercial’s David Minton sold 150 Springfield Road, Blackburn prior to auction for $620,000 to a local owner occupier. The […]

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  • Strong Inquiry from Local Investors

    Gorman Commercial’s David Minton and Dean Alexander sold two leased side-by-side single-level strata retail investments of 87sqm each at 537A […]

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  • Market Shows Strength for Well-Located Prime Retail Assets

    Gorman Commercial’s Tom Maule and David Minton sold 94 Union Road, Surrey Hills under the hammer for $2,435,000 to a […]

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  • Supporting the Local Community

    Gorman Commercial are pleased to celebrate its second year as a Hawthorn Community Chest (HCC) Business Supporter. Stephen Gorman has previously served […]

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  • Eltham Woodbridge Furniture Site Sold

    On the back of Gorman Commercial’s successful sale of 19 & 19A Brisbane Street and 18 Brisbane Street, Eltham for […]

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  • Record Land Rate in Box Hill

    Gorman Commercial sold 12 Ellingworth Parade, Box Hill at public auction for $5,300,000 in front of a crowd of more […]

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  • 4 Sales in 24 Hours

    Gorman Commercial has sold 4 retail properties within 24 hours with two selling prior to auction and two selling under […]

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  • Strong Interest from Owner Occupiers in Retail Investments

    David Minton of Gorman Commercial sold 8A Wood Street, Nunawading at auction for $481,000 against an expectation of $400,000. The […]

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  • Shop in Hawksburn Village Sold with Vacant Possession

    A double-storey shop bordering Hawksburn Village at 485 Malvern Road, Malvern has sold at auction for $1,680,000. The property was […]

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  • Lulu Zhang Joins as Associate Director of Property Management

    Lulu Zhang has recently joined Gorman Commercial in a newly created role as Associate Director of Property Management as the […]

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  • Strong Demand for Sub-Million Dollar Investments

    Gorman Commercial in conjunction with Woodards Carnegie sold 1136 Glen Huntly Road, Glen Huntly prior to auction for $950,000 on […]

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  • Prime Two-Level Retail Freehold

    Gorman Commercial’s David Minton and Stephen Gorman sold 256 Whitehorse Road, Balwyn at auction for $2,500,000, $300,000 over reserve. The […]

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  • Full House at 35 Whitehorse Road, Balwyn

    A full house at 35 Whitehorse Road, Balwyn has been achieved with three recent leases finalised by Gorman Commercial’s Richard […]

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  • Record Breaking Result in the Office Building

    Gorman Commercial’s David Minton and Alex Browne sold an outstanding top floor office suite at 12-14 Cato Street, Hawthorn East […]

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  • Strata Offices in Demand from Investors and Owner Occupiers

    Gorman Commercial’s Alex Browne and David Minton successfully sold Suite 210, 12-14 Cato Street, Hawthorn East for $1,160,000. The 202 […]

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  • Newmark Capital sells South Yarra landholding

    Melbourne, 18 October 2018 – A locally-based Malaysian developer has snapped up a vacant site in South Yarra with plans to […]

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  • Strata Shop Sold for More than 30% Over Reserve

    Several bidders had their eyes on a strata shop leased to Sandton Hair Gallery at 541B Whitehorse Road, Mitcham before […]

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  • Boutique Two-Level Office/Warehouse Sold with Vacant Possession

    A boutique two-level office/warehouse at 10/3 Rocklea Drive, Port Melbourne sold with vacant possession for $455,000 at a land rate […]

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  • Investment-grade Asset with High-density Residential Potential Sold Prior to Auction

    An investment-grade asset with high-density residential potential in the eastern suburb of Blackburn has sold for more than $7 million, […]

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  • SMSF Investors Look for Sub-$500,000 Investments

    Gorman Commercial’s Andrew Prowse and Alex Browne have sold 2 & 2A Gardenia Street in Blackburn and Suite 16, 333 […]

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  • A New Industrial Benchmark Set for Eltham

    A large industrial block on 19 & 19A Bridge Street and Brisbane Street has been sold by Gorman Commercial’s Dean […]

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  • Good Quality Opportunity Sells on Low Yield

    Gorman Commercial’s Alex Browne and Stephen Gorman sold 308 Queens Parade, Fitzroy, a double-storey shop, under the hammer for $1.75 […]

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  • Outstanding Investment Opportunity with Future Mixed Use Development Potential

    Offered for the first time in 40 years, in front of over 100 interested observers, auctioneer Stephen Gorman from Gorman […]

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  • Amongst the Action

    The owner occupied Indian Supermarket at 145 Carinish Road, Clayton sold following an Auction campaign for $1,420,000 to an owner […]

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  • Dumbrell Buy-Up

    Retired Autobarn founder Garry Dumbrell is continuing to build his impressive suburban office portfolio, securing a Malvern East asset before auction for about $8 […]

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  • Blue Chip Retail Shop Sold on a 3.6% Yield

    Following a marketing campaign over 5 weeks resulting in over 140 enquiries, the single level retail shop at 6 Hamilton […]

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  • Vacant Office Warehouse Sold in Mount Waverley

    The vacant well located 760sqm office/warehouse with 8 on-site car parks at Unit 8/28 Ricketts Road, Mount Waverley sold at […]

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  • 2017 Finalist in the REIV Marketing Awards

    We are very excited to inform you that we have been nominated an industry finalist in the “Best Campaign by a […]

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  • Sub $1 Million Retail Investment

    Gorman Commercial sold 185 Clarendon Street, South Melbourne prior to auction on a yield of 3.9%. Stephen Gorman says, “The […]

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  • Gorman Commercial Charity Golf Day

    Gorman Commercial raises money for the Property Industry Foundation’s (PIF) Mothers and Babies Program We would like to let you […]

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  • Strata Office Investment Provides Strong Return

    A vendor has benefited from a 25% windfall in 12 months from the sale of 4-6 Croydon Road, Croydon. The […]

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  • Finance Manager Position

    A unique business opportunity has arisen in this growing, progressive Commercial Real Estate business that is poised for the next […]

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  • 2 Impressive Sales in 1 Week

    Two impressive strata sales were achieved at Suites 6 & 7, 1632 High Street, Glen Iris in under a week […]

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  • Buying the Right Investment

    Stephen Speck and Alex Browne from Gorman Commercial sold two properties at 968 and 970  Toorak Road, Camberwell at auction […]

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  • STRATA IN-DEMAND

    Strata or sub-divided sales at Gorman Commercial have started the year strongly with in excess of two million dollars of […]

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  • Strata Office Investments

    In less than 2 weeks, Gorman Commercial’s Stephen Gorman and Alex Browne sold separately Suites 3 & 14, 208 Canterbury […]

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  • Sold in 2 Weeks

    A strata titled warehouse has been sold within a week of hitting the market by Stephen Speck from Gorman Commercial. […]

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  • 35% Increase in 15 Months!

    A local investor has reaped a 35% increase in value on two shops bought in Mont Albert North 15 months […]

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  • Sold Prior on a 6% Yield

    An office suite at G2, 79 Manningham Road, Bulleen sold prior to auction for $751,500 equating to a rate of […]

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  • Record Result in Mount Waverley

    305 Stephensons Road was sold yesterday at auction for $1,600,000 after six bidders fought aggressively to see the price smashed […]

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  • Benton’s Plumbing Supplies move to larger premises

    Benton’s Plumbing Supplies have leased a 657 sqm office, showroom and warehouse premises on a five year lease with options. […]

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  • Lighting up the Eastern Suburbs

    Beacon Lighting will light up the eastern suburbs having committed to a 10 year lease at 304 Doncaster Road, Balwyn […]

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  • The Boom Rolls on in Melbourne’s East

    The boom rolls on in Melbourne’s east with 469-471 Riversdale Road, Hawthorn East selling for $3.011 million at auction. “Camberwell […]

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  • Strata Shop in Croydon Joined the Million Dollar Sales

    “Another strata shop at 85 Main Street, Croydon had several bidders vying for it until it sold under the hammer […]

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  • Corner Development Site in Nunawading Sold with a Medium Lease

    Another development site with a medium lease in place didn’t deter buyers at 2-10 Lindsay Avenue, Nunawading. The property achieved […]

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  • Australian Pharmaceutical Industries takes a 6 Year Lease in Hawthorn East

    “Australian Pharmaceutical Industries has taken a six year lease on a 795 sqm office at 695 Burke Road in Hawthorn […]

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  • 3 Strata Retail Shops Sold in Glenferrie Road

    Gorman Commercial’s Stephen Gorman and Stephen Speck have sold three individual strata shops in Glenferrie Road, Hawthorn with a combined […]

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  • Industrial Development Site Sold in Mitcham

    Gorman Commercial closed an Expression of Interest campaign for the sale of 8-10 Monomeeth Drive, Mitcham which sold for $2,821,289.  […]

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  • Warehouse in Richmond achieves same rate as strata offices

    33 Lincoln Street, Richmond Stephen Gorman, from Gorman Commercial, believes we are very much in a bull market when warehouses […]

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  • Outer Eastern Suburban Retail Market Heats Up

    The Ringwood East branch of the Bendigo Bank has sold at auction for $1,512,000 representing a 3.9% yield.  The property […]

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  • Fast Paced Transformation of the Inner Northern Suburbs Continues

    A local developer has acquired a significant land holding at 885 High Street, Thornbury which was sold at auction for […]

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  • Investment Frenzy Heats Up in Glenferrie Road, Hawthorn

    Small private investors are underpinning a dream run in high street shop sales in Melbourne, paring back yields even as […]

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  • Strata Office sold on a 5.76% yield in Box Hill South

    In Box Hill South, Gorman Commercial’s Stephen Speck sold a strata office at 1C Ailsa Street for $1.56 million on […]

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  • Owner-occupier outmuscles investors and developers in Surrey Hills

    “An owner-occupier out-muscled investors and developers to grab a standalone office on 235 sq. m at 276 Canterbury Road, Surrey […]

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  • Infoactiv Group relocates to Camberwell

    Waste management services company, Infoactiv Group, will relocate to 1180 Toorak Road, Camberwell on a five year lease. Infoactiv took […]

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  • Cabrini Health on the Move

    Cabrini Health has leased a further 722 sq. m of office at 8 Redfern Road on a four year term. […]

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  • Sound Investment

    A strata titled retail shop at 81 Main Street, Croydon has sold at auction for $981,000 to a local investor. […]

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  • Five year lease negotiated in Lexton Road, Box Hill

    Gorman Commercial’s Richard Height has negotiated a five-year lease of a 324 sq m warehouse at 68 Lexton Road. Bathroom Comforts […]

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  • Retail Property in Heathmont sold on a record low yield

      Canterbury Road, Heathmont has again proved to be one of the most in demand retail strips in Melbourne. The […]

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  • Huge Sales Result in Riversdale Road

    Four vendors have pooled ttheir strate-titled apartments ti sekk a substantial 858-square-metre site at 68 Riversdale Road Hawthorn. Because of […]

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  • Sold with a 4.1% Yield

    Continuing the recent success of Gorman Commercial, Wednesday the 16th of March saw the sale of Shop 8 28-30 Blackburn […]

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  • Market Wrap- Leases Kew East

    A building owned and partly occupied by fashion house Forever Newhas been fully leased. Gorman Commercial’s Richard Height negotiated three-year […]

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  • Retail Shop Sold in Ivanhoe

    Another smnall shop in an older-style strata development in Ivanhoe also exceeded its reserve, in this case by nearly $200,000. […]

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  • Doncaster East Sale

    Another well-attended auction in Doncaster’s Tunstall Square saw 10 bidders battle it out in front of 200 people to grab […]

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  • Spooners launch two more towers in Melbourne

    The ultra-wealthy Spooner family will kick off construction of the next two office towers at its Caribbean Park office estate […]

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  • CBD Leasing

    A string of deals has concluded in a heritage-listed, refurbished building at 443 Little Collins Street. Gorman Commercial’s Richard Height has […]

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  • End of an Era in Vermont

    It is the end of and era in Vermont, with the Harrington family selling a disused bakery, dairy, horse stables […]

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  • Shops Fetch $11 Million

    A Chinese family has paid $11.1 million for a collection of Balwyn North shops accrued over 55 years by a […]

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  • We’re Finalists for 2014 Telstra Business Awards

    We’re excited to announce that Gorman Commercial has been selected as a finalist for the 2014 Telstra Victoria Medium Business […]

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