What’s Happening in the Market?
Confidence is holding strong across Queensland’s commercial property market this week. Brisbane’s inner suburbs and CBD are buzzing, particularly in the office sector where both premium leases and strata office sales are in demand. Retail and industrial continue to perform well, with major transactions in both metro and regional locations
Quick Highlights
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Office: Premium tenants lock in new builds; strata office spaces continue to attract buyers in the CBD.
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Retail: Bracken Ridge Plaza changes hands in a deal close to $40 million.
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Industrial: Strong investor activity and redevelopment plans in Eagle Farm, Cairns, and Rockhampton.
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Mixed-Use: A Kedron site picked up for a growing family business HQ.
Office Deals Making Waves
97 Creek Street, Brisbane
Two strata office spaces at Solace Financial House sold for a combined $1.62 million. One went to Cavalry Consulting, the other to a local fit-out business relocating from George Street. It’s yet another sign that demand for strata offices in Brisbane’s CBD isn’t slowing down.
85 George Street, Brisbane
Stadia Capital has now taken full ownership of the 17-storey Capital Hill building after buying out Charter Hall’s 50% share. The tower is fully leased to the Queensland Government and sits in a prime location near Queen’s Wharf.
360 Queen Street, Brisbane
HWL Ebsworth Lawyers has committed to 4,777 sqm in the soon-to-be-completed premium tower at 360 Queen Street. With a 10-year lease in hand, they’ll join a line-up of big names attracted to this next-gen, eco-conscious development in the heart of Brisbane’s “Golden Triangle”.
Retail Remains Rock Solid
Bracken Ridge Plaza
A private buyer has snapped up Bracken Ridge Plaza for $39.3 million. Anchored by a Coles and home to 25 specialty stores, the centre pulled a passing yield of 5.51%. It’s another sign that investors are keen on neighbourhood retail with reliable foot traffic and stable income.
Industrial Property Stays Hot
Eagle Farm
Potter Group has picked up a 3,710 sqm site in the TradeCoast area for $5.6 million. They’re planning to turn it into a high-quality industrial strata complex aimed at owner-occupiers and SMEs.
Cairns & Rockhampton
Two Civilmart-leased industrial assets were snapped up for $12 million by a Queensland investor. The quick 14-day settlement says a lot about current appetite for secure, leased industrial properties.
Mixed-Use Moves
Kedron
Local couple Melissa and Wade Woodcroft bought a mixed-use site at 69 Bristol Road for $2.8 million. They’re moving their three businesses there—Emwinn Constructions, Ivy Rose Interior Design, and Concepts Unlimited Design—after giving the space a full makeover. Expect New York loft vibes incoming.
Wrapping Up
It’s been a strong week across Queensland’s commercial property scene. Office demand in Brisbane is leading the charge, with strata and premium-grade spaces in the spotlight. Industrial continues to be competitive, retail is holding firm. All signs point to growing confidence and a healthy appetite for well-located, income-generating assets.
For a complete list of weekly commercial transactions in Queensland, visit McGees Wrap Up | McGees Property Brisbane
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