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
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Property Address: 80 Hornibrook Esplanade
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Property Type: Ground Floor Retail Asset
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Location: City of Moreton Bay
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Sale Price: $1.28 million
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Yield: 6.9%
Comment: The sale of this retail asset in Clontarf at a 6.9% yield demonstrates investor confidence in the retail sector within the Moreton Bay region.
Enoggera, QLD
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Property Address: 159 Samford Road
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Property Type: Old-Style Shop
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Location: Brisbane’s North-Western Suburbs
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Sale Price: $955,000
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Size: 94 square metres
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Block Size: 407 square metres
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Rental Return: $52,646 per annum net plus outgoings and GST
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Tenants: Two tenants
Comment: The purchase of this old-style shop in Enoggera reflects continued interest in small-scale retail investments in Brisbane’s suburban areas, offering steady rental returns.
Office
Albion, QLD
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Property Address: 6/14 Argyle Street
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Property Type: Office Unit
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Location: Brisbane’s Inner North-East
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Size: 37 square metres
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Sale Price: $140,000
Comment: This transaction highlights the affordability and appeal of small office spaces in inner Brisbane, particularly for investors or small businesses looking for a strategic location at a reasonable price.
Industrial
Kunda Park, QLD
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Property Address: 3/3 Hitech Drive
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Property Type: Strata Industrial Unit
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Location: Sunshine Coast
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Size: 164 square metres
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Sale Price: $575,000
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Buyer Type: Owner Occupier
Comment: The sale of this industrial unit in Kunda Park reflects the continued demand for industrial properties on the Sunshine Coast, particularly among owner-occupiers seeking to establish or expand their operations.
Acacia Ridge, QLD
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Property Address: 28-32 Loam Street, Botanica Park
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Development: Brix Industrial Development
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Location: South-East Brisbane
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Total Sale Value: $12.8 million
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Unit Sizes: Ranging from 133 to 436 square metres
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Individual Sale Prices: From $530,000 to $1.665 million
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Buyer Type: Mix of Owner Occupiers and Investors
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Lease Activity: New leases secured within four to six weeks of settlement, with rents between $242 and $292 per square metre net
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Occupiers: Companies such as Jasper Methods, Fox & Fallow, Infinity Integrated Services, Paradigm, and Brolube
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Future Projects: Brix has multiple active and upcoming projects in Queensland and Victoria.
Comment: The rapid sell-out and subsequent lease activity at Botanica Park highlight the strong demand for industrial spaces in Brisbane’s south-east. The project’s success is indicative of the robust industrial market in the area.
Oakey, QLD
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Property Address: 6-8 Gayle Street
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Property Type: Industrial Site
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Location: Toowoomba Region
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Occupant: Nutrien Ag Solutions
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Sale Price: $781,000
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Site Size: 3,360 square metres
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Building Size: 550 square metres
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Lease Term: Three years to 2026, with options for additional three years
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Annual Rent: $50,811 plus GST
Comment: The sale of this site, occupied by a major agricultural services provider, underscores the importance of strategically located industrial properties in supporting Australia’s farming sector. The lease to Nutrien Ag Solutions, a subsidiary of a global farming giant, adds significant value to the property.
Lytton, QLD
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Property Address: Port West Industrial Estate, Lytton
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Tenant: Bridgestone
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Location: Port of Brisbane
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Property Size: 5.16 hectares
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Development: New Queensland distribution centre
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Facility Size: 23,340 square metre warehouse, 350 square metre office, 20,340 square metre hardstand, 3,800 square metre car parking
Comment: Bridgestone’s pre-commitment to this large distribution centre at the Port of Brisbane signals confidence in the region’s logistics and distribution capabilities. The scale of the development highlights the importance of the Port West Industrial Estate in supporting global supply chains.
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For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane
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