Commercial Real Estate Deals of the Week – 12th October 2026


October 2026
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Commercial Real Estate Deals of the Week – 12th October 2026

Victoria

EPPING - $117.7 MILLION

Epping Home & Life at 560–650 High Street, Epping has exchanged contracts for $117.7 million to a Melbourne-based private investor, marking Australia's largest large-format retail transaction of 2026 at an approximate 6% yield.

The centre comprises 26,550sqm of gross lettable area across 28 tenancies on a 7.4-hectare landholding, with 783 car spaces. Tenants include Officeworks, TK Maxx, Rebel Sport, Harvey Norman and Chemist Warehouse, with the asset benefiting from a 7.6-year weighted average lease expiry and future development potential.

The deal was negotiated by Stuart Taylor, Nick Willis and Tom Noonan of JLL on behalf of vendor Forza Capital.

EPPING - $47.75 MILLION

The Dream Haven industrial portfolio in Epping has sold for $47.75 million to a private investor following a competitive Expressions of Interest campaign.

Spanning multiple properties along Dream Haven Court and Miller Street, the portfolio comprises six tenancies across 27,539sqm of building area on a combined 48,826sqm landholding. The assets generate more than $2.894 million in annual net income, with a weighted average lease expiry of 2.83 years. The campaign attracted more than 65 enquiries and five formal bids.

The deal was negotiated by Marco Sandrin and Brent Glassford of Fitzroys.

POINT COOK - $3.67 MILLION

The Goodstart Early Learning centre in Point Cook has sold under the hammer for $3.67 million, reflecting a 5.09% yield as part of CBRE's Investment Portfolio Auction 187.

The 90-place childcare centre occupies a 2,626sqm corner site directly opposite Stockland Point Cook Shopping Centre. The property is secured by a long-term triple net lease to Goodstart Early Learning, Australia's largest not-for-profit early learning provider.

The deal was negotiated by Yosh Mendis, Josh Scapolan and Natalie Couper of CBRE.

BOX HILL - PRICE UNDISCLOSED

The prominent development landholding at 1101 Whitehorse Road, Box Hill has sold unconditionally to a purchaser making their first acquisition in Melbourne, following an off-market negotiation.

The 4,120sqm corner site is zoned Residential Growth and currently accommodates the 72-room Best Western Plus The Tudor hotel. Positioned at the intersection of Whitehorse Road Service Road and Simpsons Road, the property offers substantial future development potential.

The deal was negotiated by Chao Zhang, Julian White, Andrew Milligan and Lucas Duffy of Stonebridge Property Group.


New South Wales

CAVES BEACH - $40 MILLION

Caves Coastal Bar & Bungalows at Caves Beach, Lake Macquarie has sold for $40 million to MA Financial's Redcape Hotel Group, expanding its hospitality portfolio across the Hunter and Central Coast regions.

Occupying nearly one hectare of oceanfront freehold land, the property generates more than $200,000 in weekly revenue and includes 18 two- and three-bedroom bungalows, management rights over additional resort villas, function and conference facilities, bistro and sports bars, and 17 electronic gaming machines.

The deal was exclusively negotiated by John Musca of JLL Hotels & Hospitality.

REDFERN - $19 MILLION

The Hotel Regent Sydney at 56–58 Regent Street, Redfern has sold for $19 million as a freehold going concern, following more than a decade of ownership by a private investor.

Positioned on the corner of Regent and Redfern Streets, the two-storey hotel features a sports bar, bistro, beer garden and function facilities. Located within Sydney's tightly held inner-city fringe, the property benefits from proximity to Redfern Station, the CBD, Surry Hills and Newtown.

The deal was negotiated by Tony and Molly Bargwanna of TBRE, in conjunction with Blake Edwards of HTL Property.

CRANEBROOK - $5.65 MILLION

The newly completed El Jannah drive-thru restaurant in Cranebrook, Western Sydney has sold for $5.65 million, reflecting a 4.87% yield following a competitive campaign that attracted 166 enquiries and four offers.

Completed in June 2026, the property is secured by a new 10-year net lease to El Jannah until 2036, with options extending to 2056 and fixed 3% annual rent increases.

The deal was negotiated by Tom Moreland, Michael Collins, Rory Alexander, Aike Sakeson and Brett O'Neill of Stonebridge Property Group.


South Australia

FELIXSTOW - $30.01 MILLION

The suburban office building at 196 O G Road, Felixstow has sold and settled for $30.01 million following an off-market Expressions of Interest campaign, marking Adelaide's highest-value suburban office transaction in more than two years.

The property occupies a substantial 12,240sqm landholding in Adelaide's eastern suburbs and is leased to DXC Technology, which has occupied the building since 2013. The asset offers secure income supported by an established corporate tenant, alongside longer-term development potential.

The deal was negotiated by JLL Capital Markets in conjunction with CBRE, on behalf of vendor LDR Capital.


Queensland

ROCKLEA - $16.833 MILLION

The industrial warehouse at 113 Bancroft Road, Rocklea has sold for $16.833 million, reflecting a 5.55% net passing yield following its previous sale in 2020 for $9.4 million.

Occupying a 1.08-hectare site, the property comprises approximately 4,600sqm of clear-span warehouse space, featuring multiple container-height roller doors, a minimum 8.5-metre clearance, four gantry cranes and a two-level office. The property is secured by a long-term lease to Tetra Tek (TTEK).

The deal was negotiated by Dan Munnich and Michael Callow of CG Property Group.

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