McGees Wrap Up

Introduction This week in Queensland, the commercial property market has seen notable activity across various sectors, including retail, office, industrial, social infrastructure, and development. From the sale of prominent assets in regional centres to significant leasing agreements and ambitious development projects, the landscape reflects strong investor interest and continued growth opport...

Happy New Year! Welcome to the first McGees Wrap Up of 2025   This Week’s Commercial Transactions in Queensland  Queensland's commercial property market saw notable activity this week across development, retail, and office sectors, reflecting continued investor confidence in high-visibility locations, redevelopment opportunities, and versatile office spaces. Here is a b...

Summary of This Week’s Commercial Transactions in Queensland  This week witnessed significant activity across various commercial property sectors in Queensland, highlighting strong investor interest in retail, industrial, office, hospitality, and development assets. Here are the key transactions:    Retail  Kedron, QLD  Address: 19...

Australia's industrial and logistics sector is experiencing a significant surge in demand, leading to concerns about the adequacy of land supply to meet future needs. Recent analyses indicate that the country may face a shortfall in industrial land within the next five years, with Queensland being a focal point of this issue. Land Supply Challenges In Brisbane, the third-largest industr...

No Rate Cut for Christmas The Reserve Bank of Australia (RBA) has maintained the cash rate at 4.35% for the ninth consecutive meeting, aligning with market expectations. However, a subtle shift in the RBA's language has led to increased speculation about a potential rate cut in early 2025 (The Australian) In its December statement, the RBA expressed "some confidence" that inflation is return...

Summary of This Week’s Commercial Transactions in Queensland  This week’s commercial property market in Queensland displayed significant activity across retail, industrial, office, and hospitality sectors. Investors continue capitalising on strategic locations, stable lease agreements, and redevelopment opportunities. Notable sales include a historic Sandgate property tr...

  This week, Queensland’s commercial property market showcased various transactions across office, industrial, and retail sectors. Office Brisbane, QLDAddress: 1/191 George StreetDetails: 111 Architectural Studio leased a 114 sqm office space on a two-year term for $37,500 per year net plus GST. Brisbane, QLDAddress: 145 Ann StreetDetails: Aware Super acquired this 27-level A-g...

This week’s commercial property activity in Queensland showcases robust developments and significant transactions across multiple sectors, including hospitality, office, and industrial spaces. These events highlight Queensland's appeal to investors and developers alike, from the acquisition of a significant holiday park in Avoca to the announcement of an innovative carbon-neutral office...

This week’s commercial property transactions in Queensland reveal a healthy appetite across various sectors, with notable activity in Retail, Office, and Industrial spaces. Investors are showing keen interest in established office locations close to Brisbane's CBD, while suburban and regional properties continue to attract tenants due to affordability and accessibility.  Indus...

This week’s Queensland commercial property transactions reveal strong investor interest across office and industrial sectors. High-value acquisitions in the CBD and suburban areas show continued demand for well-leased, income-generating assets, particularly those with established tenants. Strategic sites in Brisbane’s western corridor saw impressive gains in the industrial market, r...

This week’s commercial property transactions in Queensland showcase substantial investments across the industrial, office, and hospitality sectors. Buyers target well-located assets that promise strong returns and redevelopment potential. Below is a detailed account of the week’s notable deals, reflecting diverse investor interest across key locations. Industrial Hemmant, QLDAdd...

This Week's Queensland Commercial Property Market Overview: This week, Queensland’s commercial property market has seen notable activity across multiple sectors, including office, industrial, and rural properties. The demand for strategic real estate remains strong from the largest new barristers' chambers in over a decade in Brisbane’s CBD to significant industrial sales and lease...

This week’s Queensland commercial property market saw significant activity across multiple sectors, including office, industrial, retail, and rural properties. Notable transactions include Sentinel Property Group’s $72 million acquisition of RACQ House, record-setting industrial sales in Brisbane’s southern corridor, and strong rural property demand from local graziers. Retai...

This week’s commercial property market in Queensland saw a diverse range of transactions across development, industrial, office, retail, and rural sectors. Significant leases, government acquisitions, and high-profile rural property sales highlighted the ongoing demand for strategically located assets. With major deals in both urban centres and rural regions, Queensland continues to offer...

This week’s commercial property market in Queensland remained active, with notable transactions across the industrial, office, and retail sectors. Leasing activity surged, reflecting strong demand for functional spaces in key locations, while major sales in aviation and retail properties underscored continued investment in the state’s infrastructure. The latest deals highlight inves...

This week’s commercial property market in Queensland saw significant activity across the industrial, office, and retail sectors. High demand for well-located assets, particularly in growth areas like Brisbane’s TradeCoast and suburban retail hubs, continues to drive strong investor interest. From multi-million dollar sales of industrial sites to a record-setting retail auction, thes...

This week’s commercial property market in Queensland saw a diverse range of transactions, spanning office leases, major industrial investments, historic hotel sales, and development site acquisitions. From significant investments in logistics properties to the unveiling of a new Olympic-standard sports centre, these deals highlight ongoing growth and confidence across various sectors.&n...

Industrial:  Murarrie, QLD  Seller: New Britain Catholic Investment  Transaction Details: Sale of three industrial properties for nearly $14.4 million  1-5/22 Alexandra Place & 4/9 Archimedes Place: Six units sold for just under $8 million to five investors and one owner-occupier.  Commentary: The sale of thes...

The Queensland commercial property market continues to demonstrate resilience and growth, with a diverse range of transactions across retail, industrial, and development sectors. Recent lease agreements, property acquisitions, and government-approved developments signal strong demand for well-located assets in both suburban and regional areas. From bustling retail spaces in Taringa to industria...

Retail  Brisbane CBD, QLD  Property Address: 152 Queen Street  Property Type: Three-Level Retail Building  Sale Price: $14 million  Lessee: The Body Shop Australia  Property Size: Over 660 square metres of net lettable area  Frontage: 7 metres  Yield: 3.36 perc...

The Queensland property market continues to showcase a diverse range of investment opportunities across retail, office, and industrial sectors. Recent transactions highlight the robust demand and investor confidence in various regions, from Brisbane's bustling suburbs to the strategic locations of the Sunshine Coast and Moreton Bay.  Retail  Clontarf, QLD  ...

  Sector Location Transaction Details Retail Clontarf, QLD A retail investment, 80 Hornibrook Esplanade, Clontarf, a 178 sqm of ground floor space in a 69-unit apartment building, was sold for $1.28 million within 40 hours. The sale price represented a 6.9% yield. Retail Kedron, QLD 1/201 Stafford Road, Kedron.A 102 sqm shop was leased to Banh Mi Factory for 5 ye...

Office Transactions: Heritage-Listed Building in Brisbane CBD Location: 47 Edward Street, Brisbane, QLD Property Type: Five-storey Victorian warehouse Building Area: 772 sqm Purchase Price: $5.5 million Buyer: Horton Media Australia Key Features: Character-filled heritage-listed building with views over the Brisbane River and Botanic Gardens. 8.5m frontage to both Edward Street...

Westbridge, a Western Australia-based fund manager, has successfully acquired the Redbank Plains Retail Centre in Ipswich from Charter Hall Long WALE REIT (CLW) for $23 million. This acquisition marks the eighth and final asset for Westbridge’s Diversified Fund No. 4. The sale was facilitated by Michael Hedger and Joe Tynan from CBRE and is part of CLW’s portfolio strategy, which a...