Queensland Commercial Transactions Summary – This Week
This week’s commercial transactions in Queensland highlight robust activity across the industrial and office sectors, with significant acquisitions reflecting strong investor confidence and strategic growth opportunities.
Industrial
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46-50 Unwin Street, Pinkenba, QLD
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Sold for $30.51 million
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Westbridge Funds Management acquired this high-grade manufacturing facility to seed its new Westbridge Industrial Opportunity Fund. The two-hectare site, occupied by HMG Hardchrome, offers strong income potential and value-add opportunities in one of Brisbane’s most sought-after industrial precincts.
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7-9 Gardner Court, Wilsonton, QLD
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Sold for $16.25 million
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Sentinel Property Group sold its only Toowoomba asset for nearly 50% above its purchase price from three years ago. The multi-tenanted warehouse and office complex spans 7,305 sqm and hosts high-profile tenants in agriculture, engineering, and veterinary supplies.
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1/6 Nuban Street, Currumbin Waters, QLD
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Sold for $1.395 million
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This southern Gold Coast warehouse and office space features 384 sqm, including a modern office with floor-to-ceiling glass, and is strategically located near the M1 and Gold Coast Airport.
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5 & 4/47 Newheath Drive, Arundel, QLD
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Sold for $1.2 million and $1.06 million respectively
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These adjoining Gold Coast industrial units were sold with vacant possession. Unit 5 includes office and showroom space with exclusive car parks, while Unit 4 features a mezzanine, media room, and living quarters.
Office
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11 Lorisch Way, Rochedale, QLD
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Sold for $11.49 million
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Rochedale Central, a two-level convenience centre in Brisbane’s outer southern suburbs, was purchased by a group of Asian investors. The 1,757 sqm centre boasts 94% occupancy with tenants including an Asian supermarket, medical centre, and dining facilities.
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42 Thompson Street, Bowen Hills, QLD
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Sold for $4.65 million
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A local hospitality group acquired this inner Brisbane A-grade office building for their new headquarters. The fully fitted 625 sqm property includes floor-to-ceiling glazing and parking for up to 19 cars.
Summary
Queensland’s commercial property sector continues to thrive, with major investments in industrial and office assets. The $30.51 million acquisition in Pinkenba and Sentinel’s lucrative Toowoomba sale underscore strong demand for high-quality industrial facilities. The office market also shows resilience, with significant transactions in Rochedale and Bowen Hills reflecting continued interest in well-located, versatile properties. These transactions highlight the state’s dynamic property landscape, driven by strategic investor activity and evolving market opportunities.
For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane
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