Normanby Road, South Melbourne

For Singapore investors · October 2026

The Melbourne Commercial Collection

Income-producing Melbourne property. No 8% foreign stamp duty surcharge. In most cases, no FIRB application.

Why commercial

Home rules don’t apply

Apartment
Commercial
FIRB approval
Required + fee
Generally not required*
8% foreign stamp duty surcharge
Yes
No
Ban on established property
Yes, to Mar 2027
No
Vacancy fee
Yes
No
4% absentee land tax surcharge
Yes
Yes, on land value
Typical lease
12 months
3–10 yrs, tenant pays outgoings

* Singapore is an FTA partner; the threshold for developed commercial property is above A$1 billion. Confirm off-the-plan lots with your lawyer.

The collection

Three ways in

R.Evolution Retail

One Horizon Way, South Melbourne

R.Evolution Retail

From $1,595,000 ex GST

6% guarantee · 4 yrsor 10% rebateColes & Liquorland anchored

3,000 apartments in walking distance · 4.5 m ceilings · settlement Dec 2026

Found Huntingdale

17–31 Franklyn St, Huntingdale

Found Huntingdale

From $995,000 ex GST

Completed – inspect nowRental guarantee negotiableMonash precinct

Real photos of completed office warehouses. 3–5 car spaces each.

Found Braeside

260–280 Governor Rd, Braeside

Found Braeside

From $780,000 ex GST

From $780KRental guarantee negotiable18 lots left

Office warehouses from 155 m², Duo units to 287 m², plus a $320K studio.

Know before you buy

FIRB & surcharges

FIRB

Generally not needed for developed commercial property at these prices.

Stamp duty

General rates only. No 8% foreign surcharge.

Absentee surcharge

4% p.a. on the lot's share of land value.

GST

10% on top. Generally claimable if GST-registered.

Income tax

Rent taxed in Australia at non-resident rates.

On sale

CGT applies; 15% withheld until you lodge.

Chat on WhatsApp

Enquire

Get the full lot list
& guarantee terms

Tell us which project and your budget. Han Dol will WhatsApp you within 24 hours.

"Delivering superior real estate outcomes through expert guidance and unwavering integrity."

Our Offices

Melbourne

4002/90 Lorimer Street, Docklands VIC 3008

Adelaide

32 Flinders Street, Kent Town SA 5067

Singapore

312B Clementi Ave 4, 335-177 Clementi Ridges, Singapore 122312

SOLOMON BLOOM

MELBOURNE · ADELAIDE · SINGAPORE

Jonathan & Co. Pty Ltd t/a Solomon Bloom (ABN 75 627 662 266), licensed estate agent, Estate Agents Act 1980 (Vic). General information only, not financial, legal or tax advice. Prices, availability and incentives from developer material Sep–Oct 2026, subject to change and confirmed only in the contract of sale. Images include artist’s impressions.