Queensland Commercial Property Weekly Summary
Week Ending 30 October 2025
Sales Transactions
Industrial – Redbank
- Address: 61 River Road, Redbank QLD
- Details: A portfolio of six separately titled industrial lots totalling 7,194 square metres of net lettable area across a 1.54-hectare site. The properties were sold to a mix of investors and owner-occupiers following a strategic campaign spanning 18 months.
- Sale Price: $14.775 million
- Source: Herde, 2025b
Industrial – Eagle Farm
- Address: 344 Fison Avenue East, Eagle Farm QLD
- Details: BP Wharton Group acquired this 3,710 square metre General Industry B site with plans to deliver a strata industrial and showroom development under their SmartStores brand. Located adjacent to Merlo Coffee’s headquarters, the site benefits from surrounding amenity and industrial demand.
- Sale Price: $6.25 million plus GST
- Source: Herde, 2025d
Office – Milton
- Address: 23 Graham Street, Milton QLD
- Details: A dual-building office asset with 3,505 sqm NLA. Quanta Invest acquired the property with a four-year leaseback to ADCO Constructions. The acquisition forms part of Quanta's new trust, with targeted annual distributions rising from 8.25% to 9.25% over five years.
- Sale Price: $21 million
- Source: Herde, 2025a
Hospitality – South Brisbane
- Address: The Plough Inn, Stanley Street Plaza, South Bank QLD
- Details: MA Redcape Hotel Fund acquired the leasehold of this iconic heritage-listed pub for approximately $40 million. The acquisition continues Redcape’s aggressive QLD hospitality expansion strategy, following over $250 million in recent regional pub purchases.
- Sale Price: Approx. $40 million
- Source: Herde, 2025a
Residential Development – Chambers Flat
- Address: 293–343 Holloway Road, 75–97 Sungold Road, and 22–32 Andrews Court, Chambers Flat QLD
- Details: A 13.9-hectare site acquired by Ausbuild with DA in place for a 141-lot residential subdivision. The deal reflects intensifying developer demand for shovel-ready land in Brisbane’s southern growth corridor amid population pressure.
- Sale Price: $40 million (approx. $283,688 per lot)
- Source: Herde, 2025e
Queensland Commercial Property Transactions: Summary Table (Week Ending 30 Oct 2025)
| Type | Address | Details | Price/Lease |
|---|---|---|---|
| Industrial | 61 River Rd, Redbank, QLD | 6 lots, 7,194 sqm NLA on 1.54 ha; 4 owner-occupiers, 1 investor | $14.775M total |
| Industrial | 344 Fison Ave East, Eagle Farm, QLD | 3,710 sqm GI-B site; SmartStores strata project planned | $6.25M + GST |
| Office | 23 Graham St, Milton, QLD | 3,505 sqm NLA, dual building; 4-year leaseback to ADCO | $21M; Yield: 8.59% |
| Retail | The Plough Inn, Stanley St Plaza, South Brisbane, QLD | Heritage-listed pub leasehold acquired by MA Redcape Hotel Fund | ~$40M (approx.) |
| Resi Dev | 293–343 Holloway Rd + adjoining lots, Chambers Flat, QLD | 13.9 ha site with DA for 141 lots; Emerging Community Zone | $40M; ~$283.7K per lot |
Lease Transactions
Source: The Courier-Mail, 2025 (unless otherwise noted)
| Tenant | Address | Type | Size | Lease Terms | Annual Rent |
|---|---|---|---|---|---|
| Institute of Urban Indigenous Health | Unit 2, 401 Gympie Road, Strathpine QLD | Office | 539 sqm | 3 years | $161,700 net |
| Jetts Fitness (Franchisee) | Unit 1, 72 Burnett Street, Buderim QLD | Retail/Fitness | 303 sqm | 10 years | $155,000 |
| Corncraft | Unit 5, 22 Hurricane Street, Banyo QLD | Industrial | 250 sqm | 4 years | $48,000 |
| Tursa Employment & Grey Wolf | Units 1 and 5, 21-23 First Avenue, Bongaree QLD | Office | 260 sqm | 3 years | $97,820 |
| ACESO Group | Unit 2, 69 Montpelier Road, Bowen Hills QLD | Commercial | 132 sqm | 5 years | $46,000 gross |
General News
NAB Eyes HSBC’s Australian Retail Arm
NAB is in advanced talks to acquire HSBC’s Australian retail banking operations. Although HSBC’s business banking arm is not a current target, its $40 billion loan book—partly tied to commercial borrowers—could come under new stewardship or divestment. This development, if completed, may tighten lending channels or alter relationship banking dynamics for Queensland-based property investors.
Source: The Australian, 2025a
Commercial Property Impact:
- Potential restructuring of HSBC’s commercial loan book could affect borrowing terms for existing borrowers.
- Reduced competition in business lending might elevate borrowing costs for SMEs, particularly those active in light industrial, retail, or small office segments.
- Consolidation of banking services may push property developers and syndicators to diversify financing sources, including private credit and non-bank lenders.
Caravan Parking Crackdown – Street Storage Debate
Gold Coast and Sunshine Coast councils are pushing for a state-wide ban on long-term caravan parking on suburban streets. Under current Queensland legislation, trailers under 7.5 metres and 4.5 tonnes may legally remain parked indefinitely, but new resolutions at the Local Government Association of Queensland conference aim to close this loophole.
Source: Moore, 2025
Commercial Property Impact:
- Could trigger increased demand for commercial storage facilities—both short- and long-term—benefiting owners of warehousing and storage centres.
- Residential planning schemes may face review pressure to include space for recreational vehicle parking or enforce stricter street-use controls.
- Councils may increase enforcement budgets, influencing investment in mixed-use precincts where parking and land use are contentious.
APA References
Herde, C. (2025a, October 24). Leaseback seals deal. The Courier-Mail, Quiz, p. 65.
Herde, C. (2025b, October 24). Western corridor precinct on the up. The Courier-Mail, Quiz, p. 67.
Herde, C. (2025c, October 24). Leases. The Courier-Mail, Quiz, p. 67.
Herde, C. (2025d, October 24). Smart build on the cards at strata site. The Courier-Mail, Quiz, p. 66.
Herde, C. (2025e, October 24). Ausbuild swoops on mega ready to go housing site. The Courier-Mail, Quiz, p. 67.
Moore, A. W. (2025, October 25). You can’t park there: fighting in the streets. The Gold Coast Bulletin, p. 82.
The Australian. (2025a, October 30). NAB taps Macquarie Capital to buy HSBC loan business. The Australian, Business, p. 14.
The Courier-Mail. (2025, October 24). Leases. The Courier-Mail, Quiz, p. 67.
For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane
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