McGees Wrap Up

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...