Queensland
GIBSON ISLAND - $198.44 million
In a landmark transaction, ASX-listed Dyno Nobel has now finalised the sale of Gibson Island to Goodman, marking Queensland’s largest freehold industrial land sale transaction by value and unlocking a rare industrial landholding.
The 57.94-hectare Brisbane River island site was sold by commercial explosives and blasting technology services provider Dyno Nobel (formerly Incitec Pivot) through Colliers’ Simon Beirne, James Wilkie, Rob Joyes and Peter Evans.
Located just 10 kilometres from the Brisbane CBD, the site offers 1.165 kilometres of river frontage, deepwater wharf access and direct connectivity to the Port of Brisbane. It is also one of only two Special Industry zoned sites within the Australia TradeCoast (ATC), positioning it as one of the most strategically significant industrial holdings on the Eastern Seaboard.
The sale comes off the back of a new Colliers research report showing that despite a broader softening of industrial markets in Sydney and Melbourne, Brisbane continues to buck national trends with industrial land prices in Brisbane surging 22 per cent year-on-year, compared to declines in the southern capitals.
NOOSA - $35.2 million
An interstate private investor has acquired Noosa Junction Plaza for $35.2 million from OzProp Capital, underscoring the continued depth of investor appetite for high-quality retail assets in tightly held locations.
The transaction, brokered off-market by CBRE’s State Director Michael Hedger and Joe Tynan on behalf of OzProp, reflects a yield of 5.31% fully leased, highlighting the strong underlying fundamentals of the asset.
Ozprop Capital purchased the property nearly 10 years ago for $16 million and undertook a refurbishment and a tenant repositioning program, achieving a 15% IRR for its investors over the long term hold.
MACKAY - $35 million
Two major industrial assets in Mackay have sold for a combined $35 million, marking what is believed to be the largest industrial transaction in the city in the past three years.
The properties, located at 25 John Vella Drive and 56 Maggiolo Drive in Paget, were acquired off-market by commercial real estate investment group Baron Vanilla Management from Sentinel Property Group.
The deal was negotiated by Deniz Mete of Knight Frank Mackay, with Peter Melling of Melling Commercial introducing the buyer.
The acquisition marks Baron Vanilla’s first purchase in the Mackay region, growing assets under management to more than $300 million.
25 John Vella Drive spans 3.65 hectares and includes 8,407 square metres of gross floor area leased to Team Global Express (formerlyToll), one of Australia’s leading logistics providers.
56 Maggiolo Drive comprises a modern 3,218-square-metre industrial facility on a 9,538-square-metre site, leased to FLSmidth & Co, a multinational engineering company listed on the Nasdaq Copenhagen Exchange.
TOOWOOMBA - $23.7 million
The $23.7 million sale of 542–558 Hume Street, Middle Ridge, has set a new suburb record, representing the largest development site deal in Toowoomba since 2007.
The approximately 8.55-hectare property achieved a remarkable $277 per square metre, following an exceptionally competitive on-market Expressions of Interest campaign that generated 19 bids at close with a combined value of $338 million.
The property was sold to a private developer, marking one of the last major residential development opportunities of scale in the tightly held Toowoomba market.
The sale was managed by JLL’s Jake Burrowes and Liam Petersen.
INDOOROOPILLY - $10.55 million
A land parcel created following a major road upgrade in Indooroopilly, in Brisbane’s inner southwest, is likely to have a mixed-use development built on it following its sale.
The 4,637sq m site at Lot 1, Moggill Road, which sits adjacent to Indooroopilly Shopping Centre, was created as a result of the road realignment associated with Moggill Road corridor upgrade.
It has been sold for $10.55 million to a local private developer who intends to lodge plans with Council early in 2026.
The sale was brokered by Knight Frank agents Blake Goddard and Christian Sandstrom following a competitive Expressions of Interest campaign on behalf of Brisbane City Council.
KELVIN GROVE - $1.8 million
A commercial property in Brisbane’s tightly held inner fringe has changed hands for $1,800,000, with the new Canberra-based developer, Denliv Investments, planning a significant refurbishment in response to soaring demand for quality office space.
Transacted via an Expressions of Interest campaign by Colliers Queensland Investment Services experts Hunter Higgins and Shaun Seeto, the 455sqm site at 200 Kelvin Grove Road, Kelvin Grove, was sold on behalf of a Gold Coast based private seller.
Colliers Investment Services National Director Hunter Higgins said the property represented one of the best value opportunities in the market.
New South Wales
EASTERN CREEK - $13.325 million
An industrial property has sold in Sydney’s Eastern Creek for a rate creating to a suburb record.
The property at 2 Clay Place consists of a 2,111sqm freestanding warehouse surrounded by concrete hardstand on a 5,423 sqm site, situated around 35 kilometres west of the Sydney CBD.
It is currently leased to PremiAir Pty Ltd, and equipment solutions hire specialist of diesel and electric air compressors, dryers and filtration, skid and trailer-mounted silenced generators, lighting towers, traffic management equipment and sustainable event solutions.
The facility was purchased by a private investor for $13.325 million, equating to a rate of $6,312.17 per square metre.
The deal was negotiated by Matt Chambers and Orlando Maciel of Knight Frank in conjunction with Peter Pazios of Coutts, acting on behalf of the vendor.
SILVERWATER - $12.2 million
A Sydney-based owner-occupier has acquired a premium industrial warehouse for $12.2 million as the successful bidder at a competitive auction.
Located at 3 Millennium Court Silverwater, the 1,536sqm freestanding warehouse is situated on a 2,131sqm site.
CBRE’s Robert Dowdy managed the campaign for the property and noted strong interest from a range of potential buyers.
Victoria
LAVERTON NORTH - $4.775 million
An interstate investor has secured a high-performing 2,141sqm industrial site in Melbourne’s west in a tightly negotiated deal that underscores the strength of the logistics and warehousing sector.
CBRE’s Cameron Giles and Lachlan May negotiated the transaction of 81 Patch Circuit in Laverton North, which sold for $4.775 million, delivering a 4.6% yield. A sharp result in a market where quality stock remains scarce.
The listing was conjunctional with Savills agents Tom Edwards and Dani Tadi.
