South Australia
DUDLEY PARK - $25.25 million
The industrial facility at 6–14 Oxenham Street, Dudley Park has sold off-market for $25.25 million, highlighting continued demand for government-backed industrial investments.
The property comprises 4,420sqm of office and warehouse accommodation on a 9,000sqm site and is fully leased to the Commonwealth of Australia under a new five-year lease commencing July 2026, generating approximately $1.6 million in annual net income. The modern facility benefits from low site coverage, specialised security upgrades and a long-standing government tenancy.
The deal was negotiated by Max Frohlich and Ryan Mills of Knight Frank.
Victoria
DONCASTER EAST - $13.03 million
The commercial office building at 888 Doncaster Road, Doncaster East has sold for $13.03 million, with the purchaser set to repurpose the property into a BYD showroom.
The 1,568sqm two-level office building, positioned on a 1,863sqm Commercial 1-zoned site, sold on a 7.3% passing yield. Previously occupied by Eagers Automotive and HLB Mann Judd, the property offers strong exposure within the Jackson Court commercial precinct and is expected to support BYD's continued expansion across Australia.
The deal was negotiated by Tony Nguyen and Joseph Walton of
Allard & Shelton.
GEELONG - $2.78 million
The strata health and wellness asset at 46 Ryrie Street, Geelong has sold for $2.78 million, highlighting continued investor demand for regional healthcare and wellness investments.
The 396sqm ground-floor strata property is positioned within the $200 million Geelong Quarter mixed-use development and is leased on a 10-year term to fitness operator Sweatshop. The interstate purchaser was attracted to the asset's strong yield, favourable strata ownership structure and Geelong's long-term growth prospects.
The deal was negotiated by Chris Kombi and Lewis Waddell of
Fitzroys, in conjunction with Andrew
Prowse and Tim Darcy of Darcy Jarman.
HEIDELBERG - $2.25 million
Unit 8A, 486–490 Lower Heidelberg Road, Heidelberg has sold for $2.25 million, with an interstate investor securing the suburban office investment following strong national buyer interest.
The 428sqm fully self-contained office suite occupies a corner position within a fully leased office complex and features a mix of open-plan workspace, partitioned offices, end-of-trip facilities and 18 on-title car parks. Recently refurbished and overlooking Heidelberg Park, the property appealed to investors seeking high-quality suburban office assets with strong amenity.
The deal was negotiated by Shane Mills and David Bourke of Fitzroys.
Western Australia
BENTLEY - $13.13 million
The data centre and office asset at 5 Watts Place, Bentley has sold for $13.13 million, reflecting a 6.87% passing yield in an off-market transaction.
The property comprises a 15-year-old data centre and office facility with approximately 1,961sqm of lettable area on a 3,353sqm site, leased to Vocus Data Centres and Curtin University. The asset was acquired by a London-based investor, highlighting continued demand for specialised digital infrastructure investments.
The deal was negotiated by Nicholas Volk of CBRE.
Queensland
BUNDALL - $13.6 million
The development site at 4–6 Strathaird Road and 85–87 Ashmore Road, Bundall has sold for $13.6 million, marking the first time the 6,072sqm quadruple commercial landholding has changed hands in more than 50 years.
The dual-street site attracted 229 enquiries and 33 offers before being acquired by Boldstone, which plans to redevelop the property into a mixed-use commercial, medical and lifestyle precinct. The asset currently provides holding income from multiple tenancies while offering significant long-term redevelopment potential.
The deal was negotiated by Jackson Rameau of RWC Pacific Group.
GREENBANK - $8.35 million
Greenbank Village at 2–8 Sheppards Drive, Greenbank has sold for $8.35 million, reflecting a 6.71% yield and marking the centre's first change of ownership in more than 35 years.
The 2,268sqm convenience retail centre occupies an 8,025sqm landholding and is anchored by IGA Local Grocer and a Chevron Service Station trading as Caltex, alongside a range of specialty retailers. Acquired by an interstate developer, the asset was marketed with immediate value-add opportunities through rental reversion and future development potential, reinforcing investor demand for convenience retail centres in Brisbane's southern growth corridor.
The deal was negotiated by Harry Dever of Colliers, together with Sam Polichronis and Jack Neumann of Cushman & Wakefield.
NSW
MOUNT DRUITT - $6 million
The mixed-use investment at 13 Cleeve Close, Mount Druitt has sold for $6 million, reflecting a 6.39% net yield and continued investor demand for secure, income-producing commercial assets in Western Sydney.
The three-storey, fully leased freehold comprises approximately 1,234sqm of net lettable area and is anchored by The Salvation Army, alongside SydWest Multicultural Services, Nova Employment and Conics Education. Located in the heart of Mount Druitt's town centre, the asset attracted strong buyer interest for its diversified income profile and proximity to Mount Druitt Railway Station and Westfield Mount Druitt.
The deal was negotiated by Harry Bui, Zhenni Lu and Andrew Bui of Colliers.
