Market Overview
Queensland’s commercial property market recorded a rebound this week, with notable transactions across industrial, retail, mixed-use and lifestyle sectors. Buyer sentiment remains cautiously optimistic, buoyed by tenant demand, strategic positioning, and infrastructure connectivity. Investor appetite for secure, income-producing retail and industrial assets continues to outpace supply, while demand for regionally located residential land with planning approvals is gaining momentum.
This Week’s Highlights
Industrial & Logistics
Address | Buyer | Price | Asset Type | Notes |
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69 Rivergate Place, Murarrie | Clarence Property | $42M | Yamaha HQ – 11,353 sqm GLA | National training facility with 3.6-year WALE; strategic TradeCoast location; acquired for Clarence’s Diversified Fund |
Transaction Summary:
Clarence Property secured Yamaha Motor Australia’s regional HQ in the Australia TradeCoast precinct. The tilt-panel facility includes 2,213 sqm of premium office and 9,140 sqm warehousing. The transaction affirms investor demand for defensive, infrastructure-connected assets.
Retail & LFR
Address | Buyer | Price | Details | Notes |
---|---|---|---|---|
2 Harbour Rd, Hamilton | Private investor | $4.46M | Anytime Fitness | 636 sqm strata, 5.88% yield – tightest since 2020 |
260 Moggill Rd, Indooroopilly | Private investor | Undisclosed | Frankie4 Footwear | 535 sqm, leased to 2029 – best LFR sale rate since 2023 |
Transaction Summary:
Two single-tenanted retail assets attracted 326 enquiries in total. Strong competition, even with above-benchmark rents, reflects private capital's appetite for secure income streams and nationally branded tenants.
Development Sites / Mixed Use
Address | Buyer | Price | Size | Notes |
---|---|---|---|---|
41–43 Aerodrome Rd, Maroochydore | Devcon Property Group | $12M | 4,187 sqm | Ex-Sizzler site; mixed-use potential to 37.5m height; 150m from beach |
Transaction Summary:
Devcon secured this strategic beachside site in Cotton Tree for a future mixed-use redevelopment. Zoning supports hotel, healthcare, multi-res, and retail. High enquiry levels reflect sustained developer interest in the Sunshine Coast.
Residential (Lifestyle / Land)
Address | Buyer | Price | Details | Notes |
---|---|---|---|---|
73 Limestone Creek Rd, Yeppoon | Lincoln Place | $14.035M | 31.25ha | 401-lot DA-approved over-50s community; largest in Central QLD |
Transaction Summary:
Lincoln Place continued its Queensland expansion, securing a regionally significant site for its Lincoln Lifestyle brand. Development will target the over-50s market with 2–3 bed homes on 400 sqm lots.
Leases
Tenant |
Location |
Area |
Term |
Rent |
Chaan Thai Restaurant |
147 Latrobe Tce, Paddington |
143 sqm |
4 yrs |
$132,000 gross |
The Alchemy Studio |
306 Oxley Rd, Graceville |
80 sqm |
3 yrs |
$40,000 gross |
Tattoo Shop |
2128 Sandgate Rd, Boondall |
35 sqm |
3 yrs |
$12,000 net |
Engineering Materials & Evaluation |
36 Boothby St, Kedron |
367 sqm |
5 yrs |
$69,000 net |
Fence Hire Australia |
Stapylton Jacobs Well Rd, Stapylton |
2,440 sqm hardstand |
2 yrs |
$95,000 |
General News
Tourism-Led Growth: "Australia’s Holiday Highway"
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The Crisafulli Government launched a campaign promoting the Pacific Coast Way (Gold Coast to Cairns) as a national tourism route under the Destination 2045 strategy.
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The campaign supports Queensland’s goal to double tourism spend to $84B by 2045 and add 40,000 new hotel rooms.
Positive impact on Commercial Property
Increased demand for regional hospitality, retail, and accommodation assets
As road-trip tourism increases, travellers are more likely to stay in regional towns, creating sustained demand for:
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Motels and caravan parks
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Roadside cafés, pubs, and quick-service retail
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Visitor services like convenience retail, fuel stations, and tour operators
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This naturally boosts revenue for existing assets and enhances the viability of new commercial developments in these areas, particularly along the Pacific Coast Way and supporting inland routes like the Matilda Way and Great Inland Way.
Greater development opportunities along key tourism corridors
Tourism corridors see seasonal and year-round footfall that make new hospitality or mixed-use projects more financially viable. Investors and developers are more likely to pursue:
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New hotels, eco-lodges, and glamping sites
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Retail strips or highway service centres
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Destination-led commercial hubs (for example, artisan markets or food precincts)
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Councils may respond by rezoning or fast-tracking approvals in these targeted corridors, further incentivising development.
Reinstated government funding enhances certainty for long-term investors
Under the previous government, Tourism and Events Queensland’s budget was set to be cut by nearly 50 per cent. The Crisafulli Government reversed this, reinstating funding that underpins:
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Nationwide and international marketing
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Support for regional events
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Tourism infrastructure partnerships
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For long-term investors, this signals policy stability and economic support, making it more attractive to commit capital to regional commercial property, especially in sectors tied to visitor spend.
Final Take
This week marks a diverse and dynamic return to form for Queensland’s commercial property scene. Activity spanned premium industrial acquisitions, tightly held retail investments, regional land development, and prominent coastal sites—all supported by strong demand fundamentals. Meanwhile, the state’s renewed tourism push reinforces confidence in regional assets and experience-driven precincts.
References
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Herde, C. (2025, Aug 30). Fund secures a berth. The Courier-Mail, p.43.
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Herde, C. (2025, Aug 30). Making waves at Yeppoon. The Courier-Mail, p.43.
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Herde, C. (2025, Aug 30). Plans for old Sizzler site. The Courier-Mail, p.44.
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Herde, C. (2025, Aug 30). Investors’ appetite grows for quality retail assets. The Courier-Mail, p.45.
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Leases. (2025, Aug 30). The Courier-Mail, p.45.
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Queensland Government. (2025, Aug 28). Queensland drives tourism growth on Australia’s Holiday Highway. statements.qld.gov.au
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Courier-Mail. (2025, Aug 28). Beaches, parks and lakes: Qld's ambitious tourism push. couriermail.com.au
For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane
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