This week saw robust activity across Queensland’s commercial property market, with notable transactions in retail, industrial, office, hotel, and development sectors. Investors demonstrated strong interest in heritage assets, large-scale industrial estates, strategic office buildings, and development opportunities, particularly in key growth corridors.

Retail

• 498 Waterworks Road, Ashgrove, QLD

• Sold for $4.1 million

• A local couple acquired this two-storey Art-Deco building, built in 1937. The fully-leased property hosts Giant Ashgrove (cycle shop), Our Sun Room (fashion and homewares), and Corn Street Cafe. The sale achieved a passing yield of 4.83%, highlighting investor demand for freestanding commercial assets in Brisbane’s city fringe.

• 1-2/668 Gympie Road, Lawnton, QLD

• Leased for $286,740 gross per year plus GST

• Salvos Stores signed a seven-year lease at this newly-built large format retail centre, relocating from a nearby site.

Industrial

• 14 Dixon Street, Yatala, QLD

• Sold for $102.5 million

• KM Property Fund and PGIM Real Estate expanded their industrial portfolio by purchasing a logistics estate comprising four warehouses with a gross lettable area of 43,572 sqm. The fully-leased property offers significant reversionary upside with a weighted average lease expiry of 4.7 years.

Office

• Building 12, 2 Flinders Parade, North Lakes, QLD

• Sold for $8 million

• OKG Property Holdings acquired this fully-tenanted office building in the Lakes Vista Office Park. The property spans 1,382 sqm with 46 basement car parks, delivering a 7.19% yield. The site attracted strong investor interest due to its rental growth potential and limited office supply in the area.

• 7 Station Road & 9 Station Road, Logan Central, QLD

• Sold for $5.5 million

• A private investor from NSW acquired these government-leased office buildings, achieving an 8.1% yield. The assets benefit from strong redevelopment potential and a solid holding income from social services tenants.

Development

• 930 Tamborine Oxenford Road, Wongawallan, QLD

• Sold for approximately $3.9 million

• The 4.12-hectare property, home to Bamboo Down Under, includes over $1 million in infrastructure upgrades. The site offers a triple net lease through to 2048, providing a net income of $314,700 per annum plus GST.

• 35 Garden Street & 15 Young Street, Southport, QLD

• Sold for $15.5 million

• This iconic development site in Southport’s Chinatown precinct offers a proposed two-tower mixed-use project. The 4,440 sqm site benefits from unrestricted height allowances and proximity to key infrastructure, including light rail and shopping centres.

The week ending 28 February 2025 highlighted continued investor confidence in Queensland’s commercial property market. Strong interest in heritage retail assets, large-scale industrial estates, and strategic office investments underscored the market’s resilience. Development opportunities in growth precincts such as Southport and Wongawallan demonstrate investor appetite for assets with long-term potential. With limited supply and strong demand, the market is well-positioned for continued momentum throughout 2025.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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Queensland Commercial Transactions Summary – 21/02/2025

Queensland’s commercial property market remained active this week, with key transactions spanning development land, hotels, industrial properties, and social infrastructure. Strong investor demand continues to be evident across multiple asset classes, with notable acquisitions in planned regional developments, hospitality, and long-term leased properties.

Development & Land

· 495 Caboolture River Road, Lilywood, QLD

o Sold for $7.9 million

o Brisbane-based developer Citimark Properties secured the last remaining commercial development site in Stage 1 of Waraba (formerly Caboolture West). The 2.1-hectare parcel will be part of the future Lilywood Town Centre, positioned near a planned Coles-anchored retail development. The site received strong interest, with over 150 inquiries and nine bids.

Hotel

· The Prince Consort, Fortitude Valley & Saltwater Creek Hotel, Helensvale, QLD

o Sold for a combined $66 million

o MA Redcape Hotel Fund expanded its Queensland portfolio with the acquisition of these two landmark venues. The Prince Consort, an iconic Brisbane entertainment venue, and Saltwater Creek Hotel, a suburban pub in a growing Gold Coast corridor, mark Redcape’s continued investment in Queensland’s hospitality sector.

Social Infrastructure

· Dawson Parade & Patricks Road, Arana Hills, QLD

o Sold for $2.4 million

o A dental clinic-occupied property with a seven-year lease to National Dental Care was acquired by an offshore investor. The 101 sqm facility was sold at a 5.88% yield, reflecting continued demand for essential service assets.

Industrial

· 16 Industrial Avenue, Wacol, QLD

o Lease extension with Brisbane City Council, generating $4.5 million in rental income until 2030

o ASX-listed Desane secured a lease extension with Brisbane City Council for its fleet vehicle maintenance division. The agreement guarantees long-term rental income, while Desane also prepares for potential future warehouse expansion on-site.

· 1/10 Albion Road, Albion, QLD

o Leased for $100,000 gross per annum plus GST

o ANSIC Group signed a five-year lease plus option for a 450 sqm warehouse and office space in Brisbane’s inner north-east.

Childcare Development

· Lot 302 Wallmans Court, Rural View, QLD

o Sold (Price Undisclosed)

o A Queensland-based childcare centre owner-occupier purchased this 2,730 sqm DA-approved site in Mackay, designated for a 94-place, single-level facility. The site is in a high-demand area near multiple schools and adjacent to Northern Beaches Central Shopping Centre.

Summary

This week’s transactions reflect Queensland’s diverse and evolving commercial property market, with continued investor confidence in development opportunities, hospitality venues, and long-term leased industrial and healthcare properties. The demand for assets in planned regional cities, suburban retail hubs, and infrastructure-backed locations remains strong, positioning the market for continued growth in 2025.

Qld Cuts Red Tape to Fast-Track Projects

The Queensland government has announced a new initiative called “Building Reg Reno” to make life easier for builders, tradies, and other construction workers. The goal is to cut down on unnecessary paperwork and costs, so they can focus on building more homes.

Here’s what the government is changing:

· Less Paperwork for Small Businesses:

o More than 50,000 individual builders and tradies won’t have to do as much financial reporting anymore. This means they can spend less time on paperwork and more time on building. (Source: Ministerial Media Statements: https://statements.qld.gov.au/statements/100589)

· Pausing New Trust Account Rules:

o The government is temporarily stopping the introduction of new rules about project trust accounts for projects under $10 million. This gives smaller building companies a break from extra administrative work. (Source: Ministerial Media Statements: https://statements.qld.gov.au/statements/100589)

· Making Things Digital:

o The government wants to move away from paper forms and make more things digital. This will make it faster and easier for builders to get licenses and do other important tasks. (Source: Housing Queensland: https://www.housing.qld.gov.au/)

· Changes to Fire Protection Rules:

o Builders will have more time to meet new fire protection licensing requirements. Also, plumbers who already have a contractor license won’t have to pay extra fees for fire protection work. (Source: Housing Queensland: https://www.housing.qld.gov.au/)

· Boosting the Building Industry:

o Queensland’s building industry is worth $59 billion and employs about 270,000 people. The government wants to make it easier for these workers to do their jobs so that more homes can be built.

o The Queensland productivity commision will be reviewing the building and construction sector to find ways to improve productivity. (Source: Housing Queensland: https://www.housing.qld.gov.au/)

Industry leaders like Paul Bidwell from Master Builders are happy with these changes. They say that reducing red tape is important for helping the building industry grow. (Source: Ministerial Media Statements: https://statements.qld.gov.au/statements/100589)

The government hopes that these changes will help more Queenslanders find a place to call home.

General Impacts for Landlords:

· Potential for Increased Property Availability:

o By reducing red tape and stimulating construction, the reforms aim to increase the overall supply of properties. This could lead to:

· More options for landlords looking to expand their portfolios.

· Potentially moderating property price increases over time.

· Impacts on Development and Renovation:

o The streamlining of licensing and administrative processes can make it easier for landlords to:

· Undertake renovations or upgrades to their existing properties.

· Develop new properties for rental purposes.

o This can enhance the value and attractiveness of their properties.

· Economic Impacts:

o A healthier construction sector contributes to a stronger economy, which can:

· Increase demand for rental properties.

· Create a more stable investment environment for landlords.

Specific Considerations:

· Commercial Landlords:

o The changes to project trust accounts for projects under $10 million are particularly relevant to commercial landlords. This can:

· Simplify fit-out and renovation projects for commercial spaces.

· Reduce administrative burdens for smaller commercial developments.

o Increased efficiency in commercial construction can also lead to faster completion of projects, which can benefit landlords by reducing vacancy periods.

· Residential Landlords:

o While the reforms focus on construction, increased housing supply can influence rental market dynamics.

o Landlords should stay informed about any related changes to rental laws that may accompany these reforms.

Key Takeaways:

· The “Building Reg Reno” reforms aim to create a more efficient and productive construction industry, which can have positive ripple effects for landlords.

· Landlords should be aware of how these changes may impact their ability to develop, renovate, and manage their properties.

· Staying informed about any related changes to regulations and market conditions is crucial for landlords to navigate the evolving real estate landscape

Additional reading

· Courier Mail: https://www.couriermail.com.au/news/queensland/qld-cuts-red-tape-to-boost-construction-industry/news-story/e0a08e647565c5897914041b6c0e9d6d

· Courier Mail: https://www.couriermail.com.au/news/queensland/unlocking-construction-red-tape-slashed-for-townsvilles-houses/news-story/122049e79435b6424e0353c7c7f39569

· Courier Mail: https://www.couriermail.com.au/news/queensland/big-change-for-50k-qld-tradies-set-to-unleash-construction/news-story/39563821013d368d447d21943899f8d5

RBA Rate Cuts: What They Mean for Your Commercial Properties

RBA’s recent interest rate cut has significantly boosted commercial property investment. Portfolio auctions held by Burgess Rawson in Sydney and Melbourne saw strong sales, with a total of over $60 million worth of properties sold. Key sales included industrial facilities, childcare centers, and retail spaces, demonstrating high investor interest and competitive bidding. The rate cut is seen as a “turning point” for the commercial property market, particularly for well-leased properties under $20 million (https://www.theaustralian.com.au/business/property/rba-interest-rate-cut-reinvigorates-commercial-property-market-with-60m-in-sales/news-story/e0a08e647565c5897914041b6c0e9d6d)

Understanding the RBA’s Role

The RBA’s primary objective is to maintain price stability and promote sustainable economic growth. To achieve this, the RBA Board sets the cash rate, which influences interest rates across the economy. When the RBA announces a rate cut, it signals a move to stimulate economic activity by making borrowing cheaper and encouraging spending and investment.

Source: Reserve Bank of Australia – “Monetary Policy”
https://www.rba.gov.au/monetary-policy/

Impact on Commercial Landlords

For commercial landlords in Brisbane, RBA rate cuts can have several significant effects:

1. Lower Financing Costs
Reduced interest rates translate to lower borrowing costs for property acquisitions, refinancing, and development projects. This can improve cash flow and enhance profitability for landlords.
Source: Commonwealth Bank of Australia – “Economic Insights”
https://www.commbank.com.au/insights/

2. Potential for Increased Property Values
Lower interest rates can stimulate demand for commercial property as investors seek higher yields in a low-rate environment. This increased demand can drive up property values over time.
Source: Reserve Bank of Australia – “Financial Stability Review”
https://www.rba.gov.au/financial-stability/

3. Capitalization Rate Dynamics
Lower interest rates often exert downward pressure on capitalization (cap) rates, a key metric in commercial property valuation. As cap rates decrease, property values tend to rise, benefiting landlords with existing portfolios.

Impact on Commercial Tenants

Commercial tenants in Brisbane also experience the effects of RBA rate cuts:

1. Improved Business Conditions
A stimulated economy can lead to increased business activity, benefiting tenants by boosting sales and revenue. Lower interest rates reduce the cost of capital, enabling businesses to invest in growth opportunities.
Source: National Australia Bank – “Business Research and Insights”
https://business.nab.com.au/insights/

2. Potential for Increased Rental Demand
Economic growth often encourages business expansion, leading to higher demand for commercial space. This can create a more competitive leasing market, potentially driving up rental prices in prime locations.

3. Reduced Financial Pressure
For tenants with business loans, a rate cut can lessen the interest paid on those loans, freeing up cash flow for other operational expenses or investments.

RBA rate cuts are a powerful tool for stimulating economic activity, and their effects ripple through the commercial property market in Brisbane. For landlords, lower rates can mean reduced financing costs and higher property values. For tenants, they can translate to improved business conditions and reduced financial pressure. Staying informed about RBA decisions and their implications is crucial for making strategic decisions in the commercial property sector.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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Queensland Commercial Transactions Summary – This Week

This week saw strong activity in Queensland’s commercial property market, with significant transactions across retail, office, and social infrastructure sectors. Investors continue to show confidence in high-quality assets with secure leases, while tenant demand for medical and fitness spaces remains strong.

Retail

· 15 & 16, 511 Olsen Avenue, Southport, QLD

o Sold for $6.1 million

o A Gold Coast large-format retail investment leased to Powertec traded with a newly renewed 10-year lease starting in 2025. The property spans 1,248 sqm and generates a net annual income of $485,288.

· 47 Shore Street West, Cleveland, QLD

o Sold for $10.65 million

o A private investor acquired a newly built multi-tenanted large-format retail centre developed by Loney Bell Capital. The property, anchored by mycar, The Salvation Army, and Lifeline, sold on a 5.5% yield, reflecting strong demand for quality retail investments.

· Dawson Pde & Patricks Rd, Arana Hills, QLD

o Sold for $2.4 million

o A single-tenanted dental property leased to National Dental Care on a seven-year net lease was acquired by an offshore investor. The 101 sqm facility achieved a yield of 5.88%, highlighting strong interest in allied health investments.

· 3 Martha Street, Camp Hill, QLD

o Sold for $4 million

o A multi-tenanted retail property was purchased at auction. The property, anchored by Rays by Range Brewing and featuring a café, barber, and yoga studio, has a weighted average lease expiry of 6.39 years. The sale price reflected a 4.84% yield.

· 113 Commercial Road, Newstead, QLD

o Sold for $3.225 million

o This 371 sqm multi-tenanted retail asset, positioned next to Woolworths Metro, is leased to a café, bakery, botox studio, chiropractor, and barbershop, generating a net rental return of $192,400 per annum.

Office

· 31-33 Marshall Street, Goondiwindi, QLD

o Sold for $3.7 million

o A Centrelink-leased property attracted strong interest, selling at a 7.1% yield. The Brisbane-based investor secured the deal after a highly competitive campaign, reflecting continued demand for government-tenanted assets.

· 211 & 215 Moggill Road, Taringa, QLD

o Sold for $4.045 million

o Two older-style commercial buildings with 680 sqm of floor space were acquired by an interstate investor. Anchored by Lifeline Queensland and other tenants, the property produces an annual rental return of $232,418, with the sale price reflecting a 5.77% yield.

· 7-8/723 Albany Creek Road, Albany Creek, QLD

o Leased for $52,850 gross per year plus GST

o Onda Jiu Jitsu Academy signed a five-year lease with an option for a 151 sqm office space.

Social Infrastructure

· 52 Manning Street, South Brisbane, QLD

o Leased for $50,000 gross per year

o A chiropractor signed a three-year lease with an option over a 118 sqm medical space.

· 1/118 King Street, Buderim, QLD

o Leased for $80,000 net per year

o A breast cancer surgeon secured a five-year lease with an option over a 138 sqm medical building

Queensland’s commercial market remains resilient, with strong investor interest in retail and office assets, particularly those with long-term leases and stable rental yields. The sale of healthcare and government-tenanted properties underscores demand for essential service-based investments. Meanwhile, the leasing of medical and fitness spaces reflects growing tenant demand in these sectors. As confidence in the market continues, transactions are expected to remain strong into 2025.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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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

• 46-50 Unwin Street, Pinkenba, QLD

• Sold for $30.51 million

• 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.

• 7-9 Gardner Court, Wilsonton, QLD

• Sold for $16.25 million

• 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.

• 1/6 Nuban Street, Currumbin Waters, QLD

• Sold for $1.395 million

• 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.

• 5 & 4/47 Newheath Drive, Arundel, QLD

• Sold for $1.2 million and $1.06 million respectively

• 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

• 11 Lorisch Way, Rochedale, QLD

• Sold for $11.49 million

• 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.

• 42 Thompson Street, Bowen Hills, QLD

• Sold for $4.65 million

• 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

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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Queensland’s commercial property market continues demonstrating strong investor demand across retail, industrial, and office sectors. This week’s transactions highlight the appeal of well-located assets with strong tenant covenants, redevelopment potential, and strategic positioning. Notable sales include a record-breaking retail acquisition in Capalaba, a major industrial expansion in Morningside, and continued investor interest in Brisbane’s office sector. These transactions reflect Queensland’s property market’s resilience and growth potential amid evolving economic conditions.

Retail

• 35-37 Mount Cotton Road, Capalaba, QLD

• Details: Sold for $6.5 million

• Sydney Tools purchased the former Aldi site, marking a record per square metre rate for a vacant Queensland supermarket. The 4,266 square metre site generated significant interest, receiving 140 enquiries and 17 bids. The existing structure offers opportunities for various commercial uses, with the sale price reflecting a gross lettable area rate of $5,134 per square metre.

• Lot 5/198 Adelaide Street, Brisbane City, QLD

• Details: Sold for $175,000

• Originally leased to a barber shop, the tenancy was later occupied by Saku Knives, a premium Japanese knife retailer. Following a strategic leasing approach, the property attracted multiple investor inquiries and was successfully sold in a competitive market.

• 27 City Centre Drive, Upper Coomera, QLD

• Details: Sold for $14.75 million

• A private investor acquired this premium convenience retail and fast-food asset in the booming northern Gold Coast region. The 8,762 square metre site, fully leased to national brands like Red Rooster, Oporto, and Caltex, generates an annual rental income of $902,013. The sale price reflected a yield of 6.1 per cent, demonstrating strong demand for high-quality, long-term leased retail assets.

Industrial

• 28-34 Allgas Street, Slacks Creek, QLD

• Details: Sold for $3.8 million

• A well-known Queensland-based concreting company acquired this 4,633 square metre industrial site. The property, previously a batching plant, is set to be recommissioned for concrete production. The sale attracted 137 inquiries, highlighting the demand for industrial properties with existing approvals.

• 50-80 Manton Street, Morningside, QLD

• Details: Sold for $18.5 million

• Sydney-based fund manager Centennial expanded its Brisbane Australia TradeCoast holdings with this acquisition. The 3.46-hectare site will be developed into a multi-unit estate with a projected end value of $78 million. Morningside’s limited industrial land supply continues to drive rental growth, with vacancy rates at just 2.4 per cent.

Office

• 915 Ipswich Road, Moorooka, QLD

• Details: Sold for $3.9 million plus GST

• A private investment group acquired this two-story office building in Brisbane’s southern suburbs, benefiting from exposure to over 70,000 daily vehicles. The 1,032 square metre space will be upgraded and repositioned for lease. The transaction reflects strong investor interest in well-located office assets with flexible leasing potential.

Economic Insights: The Impact of Potential Interest Rates Cuts

As Queensland’s commercial property market continues to attract strong investor demand across retail, industrial, and office sectors, broader economic factors are also shaping the landscape for property owners, investors, and tenants. The Reserve Bank of Australia’s anticipated interest rate cuts could have significant implications for the property market, influencing borrowing costs, investment activity, and rental dynamics. According to The Australian and The Guardian, inflation figures have declined more than expected, bringing the RBA closer to its target range, which has led major banks to forecast rate cuts as early as February. While this move would provide relief for mortgage holders and stimulate renewed investment in both commercial and residential real estate, challenges such as rental affordability and construction constraints remain key concerns. Below is a closer look at how these economic developments are expected to unfold.

The Reserve Bank of Australia (RBA) is widely expected to cut interest rates at its upcoming board meeting after inflation figures showed a decline, bringing underlying inflation closer to the RBA’s target range of 2% to 3%. The latest data revealed that underlying inflation fell from 3.6% to 3.2%, while headline inflation dropped from 2.8% to 2.4%, surpassing expectations (The Australian).

This potential rate cut would offer relief to mortgage holders, who have endured 13 consecutive rate hikes, and could be politically advantageous for the Albanese government ahead of the next federal election. Treasurer Jim Chalmers welcomed the inflation figures, stating they indicate a “soft landing” for the economy without significant unemployment increases (The Australian).

Westpac, Commonwealth Bank, and ANZ predict a rate cut at the February board meeting, while NAB expects a cut in May. Meanwhile, mortgage stress remains a concern, with 26.8% of mortgage holders considered “at risk,” though this figure has improved since June (The Australian).

Despite falling inflation, cost-of-living pressures persist, particularly in the rental market, where rents have risen 6.2% over the past year. Although rental increases have slowed compared to 2023, housing affordability remains a central issue (The Australian). The federal government’s National Housing Accord aims to deliver 1.2 million new homes over five years, but concerns about construction costs, labour shortages, and capacity constraints could hinder this goal.

Shadow Treasurer Angus Taylor criticised the ongoing cost pressures on businesses, arguing that core inflation remains above target. Master Builders Australia CEO Denita Wawn expressed hope that lower interest rates will help moderate construction costs and boost housing supply. However, vacancy rates remain critically low, exacerbating Australia’s housing crisis.

For landlords and property investors, a potential rate cut could lead to renewed market activity, as lower borrowing costs encourage investment in commercial and residential properties. Investors who previously hesitated due to high interest rates may re-enter the market, driving property prices upward. However, declining rental yields could remain a concern, especially if increased housing supply from government initiatives places downward pressure on rents. A more favourable borrowing environment could also lead to a greater focus on new developments, which may help alleviate some of the current housing shortages.

Tenants, on the other hand, may experience mixed effects from a rate cut. While lower rates could lead to increased property supply over time, immediate relief in terms of rent reductions is unlikely. With vacancy rates remaining low and demand high, rents may continue rising, albeit at a slower pace. The cost-of-living pressures on renters will persist until the supply of affordable housing significantly improves, making government intervention and policy effectiveness crucial in determining the long-term impact of these economic changes.

In the commercial property sector, lower interest rates may provide relief to landlords who have been grappling with high financing costs. A decrease in borrowing expenses could encourage property owners to reinvest in their assets, undertake refurbishments, or expand portfolios. Additionally, businesses that have postponed expansion plans due to high interest rates might be more inclined to sign new leases, improving occupancy rates. However, with cost-of-living pressures impacting consumer spending, the retail sector may continue to face challenges in securing long-term tenants.

For commercial tenants, particularly small businesses, reduced interest rates could translate to improved lease affordability if landlords pass on savings from lower mortgage costs. However, businesses still facing economic uncertainty and fluctuating demand may remain cautious about committing to long-term leases. The overall effect of a rate cut on commercial leasing will depend on broader economic recovery, business confidence, and demand across office, retail, and industrial sectors.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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This week, Queensland’s commercial property market has seen significant activity across the industrial and office sectors. Notable transactions include the sale of key industrial properties in Slacks Creek, Caloundra West, and Karrabin, reflecting continued investor confidence in high-demand locations. In the office sector, a prominent property in Booval has changed hands, highlighting the appeal of well-located business premises with expansion potential. These sales underline the ongoing strength and resilience of Queensland’s commercial real estate market, with both owner-occupiers and investors looking to capitalise on strategic opportunities.

Commercial Summary in Queensland This Week

Industrial

· 7 Dan Street

o Location: Slacks Creek, QLD

o Details: Sold for $2.1 million

o A 2,757 square metre industrial development site has been sold for the first time in nearly 30 years. It is one of the last remaining vacant commercial sites in the suburb and is surrounded by warehouses.

· 34 and 21 Enterprise Street

o Location: Caloundra West, QLD

o Details: Sold for over $9 million combined

o Plastec Australia has secured two industrial warehouses in separate transactions as part of its expansion strategy. The properties at 34 Enterprise Street sold for $5.9 million, while 21 Enterprise Street sold for $3.41 million. The acquisitions provide a combined building area of 3,541 square metres, aimed at enhancing production capabilities and supporting business growth.

· 1662-1670 Warrego Highway

o Location: Karrabin, QLD 4306

o Details: Sold for $2,360,000

o A high-exposure industrial site with truck sales approval. The 2.01-hectare property includes an air-conditioned sales office, kitchen, storage room, toilet, hardstand areas, flood lighting, and dual access. It is fully fenced with a monitored security system and offers easy access to Brisbane Valley Highway and Ipswich City Interchanges.

Office

· 107 Brisbane Road

o Location: Booval, QLD 4304

o Details: Sold for $912,000

o A two-storey Queenslander-style property on 878 square metres of land. The property includes a fully outfitted office space with disabled access and kitchenette on the ground floor, while the upper level offers potential for further expansion. The site features multiple car parks, landscaped gardens, and direct main road frontage in the heart of Booval’s business hub.

The recent commercial property transactions across Queensland reflect a market that continues to attract both investors and businesses seeking strategic opportunities. With strong demand for industrial properties and steady interest in well-located office spaces, the sector remains resilient despite broader economic uncertainties. These trends provide valuable insights into the evolving investment landscape as we move into 2025. Looking ahead, the anticipated decline in interest rates is expected to have a significant impact on investor sentiment and market dynamics.

As we explore the key insights into the 2025 investment property market, it is clear that changes in financing conditions, rental yields, and economic policies will play a crucial role in shaping investment decisions in the coming year.

Key Insights into the 2025 Investment Property Market

According to Holgate, E. (2025), as interest rates are expected to decline in 2025, the property market may witness a resurgence in investor participation. Industry experts have shared their perspectives on what to anticipate in the coming year:

1. Interest Rate Reductions May Stimulate the Market

The Reserve Bank of Australia (RBA) is projected to implement interest rate cuts as early as February, with additional reductions expected later in the year. According to Nerida Conisbee, Chief Economist at Ray White, the lending environment is likely to improve, although market fluctuations could influence the exact timing of these cuts (Smart Property Investment)

2. Challenges in Investor Financing

Until interest rates begin to ease, securing financing may remain difficult for investors. Eliza Owen, Head of Research at CoreLogic, suggests that the slowdown in property value growth may discourage investor activity, especially in the early months of 2025. Investor demand typically aligns with capital growth trends, which have recently shown signs of decline (Future Assist)

3. Changes in Rental Yields and Demand

The rental market in major cities like Sydney and Melbourne is experiencing a shift, with increasing interest in shared housing over smaller apartments due to rising living costs. Owen notes that this trend could lead to softer rental returns. Conisbee adds that the slowing pace of rental growth might pose difficulties for investors, particularly in the first quarter of the year.
In Brisbane, the rental market is experiencing significant shifts influenced by various factors. The city is facing a rental crisis characterized by historically low vacancy rates and escalating rents. This trend is driven by strong demand for detached houses, particularly in inner and middle-ring suburbs, leading to these locations outperforming more affordable properties in outer suburbs. Conversely, demand for apartments remains softer, with a growing preference among Queenslanders for townhouses in inner suburbs as a preferred style of accommodation (Property Update)

Despite the tight rental market, recent data indicates a deceleration in rental price growth. According to CoreLogic’s latest Quarterly Rental Review, the national rental market has shown signs of cooling, with rent values rising by just 0.4% in the December quarter—the smallest fourth-quarter increase since 2018. This trend suggests that while rents remain high, the pace of growth is slowing, potentially offering some relief to renters (Australian Broker)

4. Market Recovery Expected in the Latter Half of 2025

Despite a cautious start to the year, investor confidence is predicted to rebound in the second half. Antony Bucello, Director at National Property Buyers, has observed growing interest from investors, particularly in cities such as Adelaide and Brisbane. Meanwhile, Melbourne, with its current market downturn and ongoing infrastructure projects, may present new opportunities for growth.

5. Importance of Strategic Research

Investors are recommended to conduct thorough research when considering property investments. Owen highlights that regional areas, particularly Townsville in Queensland and parts of Western Australia, have shown strong growth potential, driven by affordability and sound economic conditions.

6. Retail Property Set to Shine

The commercial property sector is undergoing a shift, with retail assets gaining prominence over industrial properties. Vanessa Rader, Head of Research at Ray White, points to the increasing attractiveness of retail spaces due to population growth and the evolution of shopping centres into lifestyle destinations. This trend is reflected in a significant rise in commercial retail transactions.

Further supporting this trend, a recent development application for the Aura town centre on the Sunshine Coast outlines plans for a substantial retail and commercial hub. Stage one of this project includes 14,800 square metres of retail space, featuring supermarkets, specialty retail, dining, entertainment, and healthcare services. This initiative underscores the ongoing investment in retail infrastructure to cater to growing communities (Courier Mail)

7. External Influences on the Market

Political developments, such as the potential re-election of Donald Trump in the United States, could have global economic implications, including inflationary pressures that may influence Australian interest rates. Additionally, Australia’s 2025 federal election could introduce further policy changes affecting the property sector.

Reference:

Holgate, E. (2025). Insights into the 2025 property investment market. Rural Press Pty Ltd Australian Community Media.

While sectors such as retail are experiencing renewed growth due to evolving consumer preferences and strategic investments, other property owners face hurdles in managing tenant relationships and supporting property conditions. One such example is the recent legal dispute on the Gold Coast, where property owners successfully defended themselves against claims related to maintenance issues. This case highlights the complexities involved in commercial property leasing and the importance of proactive property management and legal diligence.

Gold Coast Business Partners Triumph in Legal Dispute Over Leaky Roof

Gold Coast dentist Andrew Firgaira and his Brisbane-based business partner Alex Polites have successfully won a legal case about a leaking roof in a commercial property dispute. On December 19, the Queensland Civil and Administrative Tribunal (QCAT) ruled in their favour, awarding them $85,887 in damages and legal costs.

The case involved Brendan Angus, a tenant who leased the former Kentucky Fried Chicken premises in Coolangatta to run his Sunhouse Surf Kiosk business. He claimed that persistent water leaks made the building unsuitable for operation and sought $750,000 in compensation for business disruptions.

However, QCAT dismissed his claim, concluding that the business faced financial struggles from the outset and that the building’s condition was not the primary reason for its failure. Despite Mr Angus providing videos showing the roof leaks, the tribunal decided that the property owners had made reasonable efforts to address the issue.

Evidence presented showed that Mr Polites arranged for roof repairs during the lease period, and the tribunal confirmed the lease was legally terminated after Mr Angus stopped paying rent. The tribunal found that while occasional leaks may have caused disruptions, they were not the primary factor leading to the business’s closure.

Dr Firgaira, the owner of several Oasis Dental clinics across the Gold Coast, and Mr Polites, a property developer from a prominent family, were satisfied with the tribunal’s decision.

Reference:

Carson, V. (2025, January 17). Gold Coast business partners triumph in leaky roof case. The Gold Coast Bulletin.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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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 opportunities in both metropolitan and regional areas. Below is a detailed summary of key commercial activities, highlighting the diversity and potential within Queensland’s property market.

Retail

· Fantastic Furniture and Centrepoint Precinct

o Address: Bridge Street and Prescott Street, North Toowoomba, QLD

o Sold for $26 million

o Sydney-based Blackfox Property acquired two major retail assets as part of its expansion into regional markets. This includes renewal of tenant leases at higher rates and planned upgrades to enhance asset performance.

Office

· Unit 1/3 Alison Street

o Location: Surfers Paradise, QLD 4217

o Sold for $200,000

o 89 square metres of net lettable area with an additional 7 square metres of storage. The property features centre zoning with development potential, making it versatile for various uses such as office, retail, or consulting rooms.

Development

· North Rail Yard Development

o Location: Townsville, QLD

o Development stage, $70 million committed

o A $70 million project funded equally by BM Webb and the Queensland Government aims to remediate contaminated soil and stabilise heritage-listed work sheds. Future stages include commercial development and affordable housing initiatives.

o A 24,168-hectare cattle breeding property with extensive water infrastructure and additional income from 22 Origin Energy gas wells. Includes access to solar and electric-powered bores.

Social Infrastructure

· Headspace Mackay

o Address: Caneland Central, Mackay, QLD

o Leased for an undisclosed amount

o Headspace Mackay leased a 576-square-metre tenancy in Caneland Central shopping centre. This new location includes 20 consultant rooms and is fully funded by the Australian Government’s Department of Health and Aged Care.

Other news

Star Entertainment, an ASX-listed gaming and hotel operator, is facing severe financial distress, with regulators, bankers, and insolvency experts closely monitoring its situation. The company risks becoming the first Australian casino to collapse since 1998. Analysts predict Star may run out of cash by February, with just $79 million left in the bank as of December 2024, and its future hinges on raising additional funds and meeting lender conditions.

Key challenges include:

· Regulatory fines: Star has allocated $150 million for potential Austrac penalties.

· Declining visitor numbers: Particularly at its Pyrmont casino in Sydney, exacerbated by restrictions on gambling limits and tighter “Know Your Customer” rules.

· Financial strain: Its $3.6 billion Queen’s Wharf precinct in Brisbane has burdened resources.

Governments in Queensland and New South Wales (NSW) have refused further financial support. Queensland Premier David Crisafulli prioritised protecting workers’ jobs, while NSW Premier Chris Minns emphasised that the casino must operate on commercial terms.

Potential outcomes include selling key assets, such as Star’s Sydney site, with Blackstone as a likely buyer. Meanwhile, competition from Crown Barangaroo and changing market dynamics continue to challenge Star’s operations.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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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 breakdown of key transactions:

Development

James Street Precinct, Brisbane, QLD

• Address: 88 Robertson Street

• Details: Goldfields lodged a development application for an A-Grade office building offering approximately 16,000 sqm of commercial space. The project will feature rooftop dining, ground-floor cafés, winter rooms, and integrated gardens. Designed to achieve a 5-star Green Star rating, construction is scheduled to commence in September 2025, with completion anticipated by October 2027. This project aims to address the low vacancy rates in Brisbane’s prime fringe office market.

Beerwah, QLD

• Address: 23 Creek Crescent, Beerwah, QLD 4519

• Sold: $1,550,000

• Details: This 3,174 sqm industrial allotment in Beerwah’s industrial precinct offers two street frontages, allowing for drive-through access. The fully benched and service-ready site, with no easements, is zoned Medium Impact Industry and ideal for various industrial uses. Its prime location provides excellent access to the Bruce Highway, making it a strategic asset for industrial development.

Retail

Mount Pleasant, QLD

• Address: 14 Discovery Lane

• Sold: circa $2,900,000

• Details: A 1,301 sqm large-format retail centre anchored by Choices Flooring and supported by L’Amour Furniture. The property offers an estimated net income of $216,810 per annum, with opportunities for owner-occupancy or rental uplifts. Located at a prime corner site with exposure to over 364,000 weekly vehicles, the property has significant development potential.

Teneriffe, QLD

• Address: 36D Vernon Terrace

• Sold: $1,250,000

• Details: A 114 sqm ground-floor strata unit with a high-end fit-out, suitable for medical, allied health, consultancy, or office use. The property, located in Brisbane’s vibrant Teneriffe area, offers vacant possession, high visibility, and proximity to the CBD.

Tewantin, QLD

• Address: 7/113 Poinciana Avenue, Tewantin, QLD 4565

• Sold: $225,000

• Details: A 65 sqm ground-floor retail or office space located in the heart of Tewantin’s CBD. This air-conditioned unit features an open-plan layout, dual access, and excellent pedestrian access from the rear car park to the main street. Its location within a vibrant retail precinct makes it suitable for retail, office, or medical uses.

Office

Newstead, QLD

• Address: 8/34 Commercial Road

• Leased: $60,000 per annum

• Details: A 140 sqm versatile office space featuring an open-plan layout, boardroom, private patio, and three secure undercover car parks. Situated in the bustling Newstead precinct, the property offers excellent access to amenities including James Street and Gasworks.

North Ipswich, QLD

• Address: 61 Pine Mountain Road, North Ipswich, QLD 4305

• Sold: $2,525,000

• Details: This high-profile, purpose-built freehold building spans 773 sqm and includes 16 office areas, a conference room, kitchen facilities, and a basement with a backup diesel generator. The property, currently home to River 94.9 Radio Station, is located on a 2,721 sqm block with 15 dedicated parking spaces. The owners will sign a five-year lease with an option for another five years, offering investment stability or future land-banking opportunities.

This week’s transactions highlight the diverse opportunities in Queensland’s commercial property market. The proposed development at 88 Robertson Street signifies growing demand for premium office space in Brisbane’s fringe areas, while retail properties in Mount Pleasant and Teneriffe underscore investor interest in high-visibility, income-generating assets. Office leasing activity in Newstead reflects the continued appeal of Brisbane’s vibrant inner-city precincts. As these developments unfold, Queensland continues to demonstrate resilience and growth in its commercial real estate sector.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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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: 192 Gympie Road

• Details: Tuncil Park Investments acquired this 507 sqm property with 10 car parks for $3.35 million. The site, leased to Repco and GOA billboards, offers secure income until 2027 with future development potential, benefiting from its prime location on a busy arterial road with 65,000 daily vehicle passes.

Dakabin, QLD

• Address: 90-94 Whitehorse Road

• Details: An interstate investor purchased the 713 sqm convenience and childcare centre for $3.56 million. Anchored by SPAR supermarket and Little Legends Early Learning Centre, the property has a 3.2-year WALE and achieved a 5.86% yield.

Industrial

Mount Gravatt East, QLD

• Address: 11 Creek Road

• Details: YFG Shopping Centres acquired this 1,690 sqm corner site for $3.85 million. Previously a Beaurepaires outlet, it includes a 670 sqm brick warehouse and showroom building located next to Mount Gravatt Plaza.

Yarrabilba, QLD

• Details: Natgen acquired a commercial office and warehouse site for $10.137 million. Plans include developing 15 strata-titled units ranging from 200 to 300 sqm. The project targets a 25% return over 18 months and capitalises on Yarrabilba’s strategic growth location.

Coolum Beach, QLD

• Address: 8/25 Quanda Road

• Details: A tilt-slab warehouse spanning 134 sqm (99 sqm ground floor and 35 sqm mezzanine) sold for $515,000. Located in Coolum Eco Industrial Park, the property features high-access roller doors, a kitchenette, and shower facilities.

Brisbane Airport, QLD

• Address: 65 & 75 Pandanus Avenue

• Details: Alliance Airlines purchased two adjacent hangars with 10,190 sqm of space for $20.9 million. These properties enhance Alliance Airlines’ strategic operations at Brisbane Airport.

Office

Moorooka, QLD

• Address: 915 Ipswich Road

• Details: Allvey Property Group acquired this two-storey, 1,032 sqm building for $3.9 million. With high exposure and 14 secure car parks, the property will undergo upgrades for future full-building tenancy.

Kedron, QLD

• Address: 558 Gympie Road

• Details: A 640 sqm building with a prominent billboard asset sold for $5 million. It offers 16 undercroft car parks and will house Ray White Chermside.

Brisbane CBD, QLD

• Address: 247 Adelaide Street

• Details: Queensland Country Bank purchased this seven-level, 3,044 sqm office building for $19 million. The acquisition reflects their expansion strategy while maintaining regional community support.

Hospitality

Kulpi, QLD

• Address: 22 Oakey – Cooyar Road

• Details: The Pioneer Hotel, an essential hub for the local agricultural community, sold for approximately $100,000. The property includes a commercial kitchen, bar, and accommodation facilities.

Sandgate, QLD

• Address: 1 Bowser Parade

• Details: The historic Sandgate Post Office, transformed into a gastro-pub, sold for $4.1 million. The venue includes a bar, whiskey vault, and alfresco dining spaces.

Durack, Moorooka, and Redbank, QLD

• Addresses:

• Lucky Tree Tavern: 248 King Avenue, Durack

• Willow Hotel: 215 Beaudesert Road, Moorooka

• Commercial Hotel: 72 Brisbane Road, Redbank

• Details: MA Redcape Hotel Fund acquired these three properties as part of its strategy to expand and enhance its hotel portfolio. The acquisitions highlight the growing value of Queensland’s hotel assets.

Development Sites & Land

Coolangatta, QLD

• Address: 5 Winston Street

• Details: A 632 sqm site sold for $2.4 million. Zoned Medium Density Residential, the land has a lapsed DA for a five-level apartment building with nine units and 14 car parks, located just 100 metres from Kirra Beach.

Summary

This week’s transactions underscore Queensland’s robust commercial property market, with diverse acquisitions across strategic locations. Investors are targeting retail centres with solid tenants, industrial sites with development potential, and unique hospitality and office properties that cater to evolving market demands. These transactions reflect the state’s economic growth and the increasing appetite for high-yielding, strategically located assets.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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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 industrial market in Australia, there is approximately 6,490 hectares of zoned industrial land. However, only 11% (around 738 hectares) of this is undeveloped and serviced. Land absorption reached a record high in 2022, totalling 170 hectares, compared to the five-year annual average of 119 hectares. This rapid uptake reflects strong occupier demand, particularly from sectors such as retail trade. Source

The Gold Coast is also experiencing a severe shortage of fully serviced industrial land, which has fallen to an all-time low in 2023. This scarcity has driven property prices to new heights amid sustained demand. The Yatala Enterprise Area, for instance, has less than seven months of supply remaining, given the average monthly take-up since early 2021. Source

Looking ahead, projections suggest that by 2029, demand for industrial space in Australia will outstrip supply, necessitating the expansion of the industrial and logistics market by 20% by 2030. This anticipated shortfall underscores the need for strategic planning and investment to ensure that industrial land supply can accommodate future economic growth and infrastructural development. Source

Queensland’s industrial land market is under significant pressure due to escalating demand and limited supply. Addressing this challenge will require coordinated efforts from government bodies, industry stakeholders, and investors to expand and develop industrial land resources effectively.

Key Factors Driving Demand in Brisbane

• Population Growth: Brisbane’s growing population is driving demand for logistics and industrial facilities to support the city’s expanding consumer base.
• E-Commerce Expansion: The rapid rise of e-commerce is fuelling demand for distribution centres and last-mile delivery facilities.
• Strategic Location: Brisbane’s role as a key logistics hub for Queensland and northern Australia makes it a critical market for industrial development.
• Tenant Preferences: Occupiers are prioritising locations close to end users and infrastructure that supports operational efficiency and environmental sustainability.

What Does It Mean If You Are the Landlord?

• Increased Property Value: As industrial land becomes scarce, demand for existing industrial properties will likely increase, driving up property values. This can be beneficial for landlords looking to sell or lease their properties.
• Higher Rental Yields: Limited availability of industrial spaces could push rents higher, allowing landlords to charge premium prices, especially for properties in key areas like Sydney, Melbourne, and Brisbane.
• Redevelopment Opportunities: With a shortage of developable parcels, landlords may find opportunities to redevelop existing properties, such as converting underused land into high-demand facilities like multi-storey warehouses.
• Tenant Competition: Landlords might see more competition among tenants, particularly from sectors like e-commerce and data centres, which drive much of the demand.
• Long-Term Planning: Landlords must consider the long-term impact of population growth and changing market trends, such as demand for ESG-compliant properties and proximity to key infrastructure.

Unsure What to Do? As a Landlord, You Are Missing Out

• Missed Financial Gains: Failing to lease or sell industrial land in a high-demand market means missing out on potentially significant returns.
• Decreased Asset Value: As land in prime locations becomes increasingly scarce, properties left idle may lose value relative to active, optimised properties.
• Opportunity Costs: Delaying decisions about redevelopment or leasing may result in losing out to competitors who are better positioned to meet tenant demand.
• Changing Market Dynamics: Over time, tenant preferences and market conditions may shift, leaving unprepared landlords at a disadvantage.

How McGees Property Brisbane Can Help

Navigating Brisbane’s industrial land market requires expert guidance. If you are a landlord with industrial land in Brisbane that you are considering leasing or selling, McGees Property Brisbane is here to assist.

Our team has the expertise to help you maximise the potential of your property and take advantage of the opportunities presented by the current market conditions.

Call 07 3231 9777 today to learn how we can help you achieve your property goals in Brisbane’s dynamic industrial land market.

For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane

Disclaimer: The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While we strive for accuracy, we make no guarantees regarding the completeness or timeliness of the content. Always seek independent advice before making any financial or real estate decisions. We are not liable for any loss or damages arising from your reliance on the information provided.

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