Queensland
BURNETT HEADS - $250 million
The landmark Gateway Marina development site at Burnett Heads has sold following a competitive receivership process, with original developer Simon Harvey regaining control of the project.
The 76,000sqm waterfront site, planned for a 318-berth marina and mixed-use tourism precinct, attracted strong national interest from marina operators and developers.
The deal was negotiated by Philip O'Dwyer of Colliers.
LYTTON - $34 million
An industrial investment at 67–77 Trade Street, Lytton has sold off-market for $34 million, reflecting a sharp 4.79% yield.
The 21,600sqm TradeCoast asset, underpinned by a long-term WALE of 6.8 years and secure income profile, highlights continued investor demand for premium Brisbane industrial property.
The deal was negotiated by James Wilkie, Trent Gallagher and Angus Yule of Colliers.
NOOSA HEADS - $5.8 million
A prominent commercial wellness asset at 97 Noosa Drive, Noosa Heads has sold for $5.8 million following a highly competitive Expressions of Interest campaign.
The freestanding property, fully leased to TH7 Body Labs on a long-term lease, generated more than 130 enquiries from local, interstate and international investors.
The deal was negotiated by Paul Butler and David Brinkley of RWC Noosa & Sunshine Coast.
EAGLE FARM - $16.5 million
An A-grade industrial facility at 65 Backhouse Place, Eagle Farm has sold for $16.5 million, reflecting a 5.45% yield.
The modern office and warehouse asset, located within Brisbane’s tightly held TradeCoast Central precinct, is secured by a 15-year leaseback to Ultra Labels Pty Ltd and attracted strong investor demand for long-WALE industrial investments.
The deal was negotiated by Elliot Ryan and Ben Hatch of Knight Frank.
New South Wales
HALFWAY CREEK - $13 million
The strategic Ampol Halfway Creek truck stop has sold for $13 million, reflecting a 5.92% yield following a competitive national campaign.
Positioned on a 20,110sqm freehold site, the asset is the only northbound truck stop servicing a 200km stretch of the Pacific Highway and is secured by a long-term lease to ASX-listed Ampol.
The deal was negotiated by Michael Collins, Tom Moreland, Aike Sakeson and Rory Alexander of Stonebridge Property Group.
Western Australia
ALKIMOS - $7 million
The fully leased Agora on Santorini retail village at 1 Santorini Promenade, Alkimos has sold for $7 million.
The modern neighbourhood retail asset, comprising six architecturally designed commercial spaces on a 5,104sqm site, attracted strong interest from local and offshore investors.
The deal was negotiated by Jonathan Wong and Zach Schreier of Knight Frank, in conjunction with Benson Young of Hartanto Properties.
Victoria
KEYSBOROUGH - $11 million
A trophy industrial facility at 81 Atlantic Drive, Keysborough has sold for $11 million, reflecting continued investor demand for premium south-east industrial assets.
The modern 4,410sqm office-warehouse, positioned adjacent to EastLink within the tightly held Key Estate precinct, attracted strong interest from investors and owner-occupiers during the campaign.
The deal was negotiated by Sam Hibbins, Luke Lowden, Daniel Telling and Billy Kanakis of Colliers.
MOONEE PONDS - $1.91 million
A Vodafone-leased freehold at 57 Puckle Street, Moonee Ponds has sold under the hammer for $1.91 million, reflecting a sharp 3.77% yield.
The prominent two-storey retail asset generated more than 67 enquiries and competitive bidding between two local buyers, highlighting strong investor demand for tightly held retail strip assets.
The deal was negotiated by Ervin Niyaz and Travis Keenan of Colliers.
MARIBYRNONG - price undisclosed
A mixed-use freehold at 2B Williamson Road, Maribyrnong, home to Ultratune, has sold on a sharp 4% yield.
The transaction achieved the highest square metre rate recorded for a Mixed Use Zone asset in the area, reinforcing continued buyer demand for well-located inner north-west investments.
The deal was negotiated by Colliers.
PARKVILLE - Undisclosed
A permit-approved development site at 35–39 Royal Parade, Parkville has sold following a highly competitive campaign driven by interstate buyer demand.
Positioned opposite the University of Melbourne and near the new Parkville Station, the heritage freehold attracted 121 enquiries and more than 30 inspections, with strong interest from student accommodation developers and private investors.
The deal was negotiated by Jozef Dickinson, Philip Heberling and Ryan Milivojac of Colliers.
