NEW SOUTH WALES
ALEXANDRIA - $87 MILLION
The industrial facility at 19 O’Riordan Street, Alexandria has sold for $87 million to a major online fashion retailer following a competitive two-round Expressions of Interest campaign.
Occupying a 13,140sqm freehold site, the property comprises a 10,238sqm warehouse and distribution facility, featuring high-clearance warehousing, a 1,219sqm mezzanine, three levels of office accommodation and 102 car spaces. Located approximately 350 metres from Green Square Station, the site benefits from a 134-metre frontage to O’Riordan Street and offers future redevelopment potential under its E3 Productivity Support zoning.
The deal was negotiated by Michael Crombie and Trent Gallagher of Colliers.
ARNCLIFFE - $37 MILLION
The retail and commercial precinct within Arncliffe Central on Princes Highway, Arncliffe has sold for approximately $37 million to a private equity fund, with developer Billbergia divesting the entire retail component of the mixed-use development.
Comprising approximately 4,000sqm of retail and commercial space, the precinct includes a supermarket, specialty retail tenancies and a childcare centre, positioned beneath 806 apartments across four residential towers. The broader development also features a 1,634sqm library and community centre, a 4,000sqm public park and customer parking, with the retail assets sold as a single investment portfolio.
The deal was negotiated by Kamal Silwal of RWC Sydney City Fringe.
LEICHHARDT - $5.775 MILLION
The childcare investment at 112 Balmain Road, Leichhardt has sold for $5.775 million, reflecting a 4.98% net yield following a campaign targeting investors seeking secure, long-term income in Sydney's Inner West.
Occupying a 755sqm corner landholding, the property comprises a 48-place childcare centre secured by a newly commenced 10-year net lease, with options extending to 2056. The investment generates $288,000 in annual net income, with fixed 3% annual rent increases, and is located approximately six kilometres from the Sydney CBD.
The deal was negotiated by Michael Vanstone and Yosh Mendis of CBRE.
TAREE - PRICE UNDISCLOSED
The All Seasons Country Lodge at 110 Manning River Drive, Taree has sold as a freehold accommodation investment, with the established motel changing hands following a sales campaign managed by MQ & Associates.
Occupying approximately 3.93 hectares of landscaped grounds, the property comprises 22 guest rooms offering queen, twin and family accommodation, alongside a three-bedroom manager's residence. Guest facilities include an outdoor swimming pool, barbecue area, laundry and extensive vehicle parking, with the motel positioned close to Taree's town centre and the Manning River.
The deal was negotiated by Malcolm Mathie and Ray Larkin of MQ & Associates.
VICTORIA
MELBOURNE - $4.5 MILLION
The prominent Melbourne CBD freehold at 490 Flinders Street and 1–9 Highlander Lane has sold for $4.5 million to a private investor following an auction campaign that attracted more than 100 enquiries from developers, investors and owner-occupiers.
Occupying a 352sqm landholding, the property comprises a two-storey retail building and five three-storey townhouses, with triple frontages totalling more than 49 metres. The purchaser plans to refurbish the existing improvements, while the site also offers longer-term redevelopment potential, having previously held approval for a 24-level residential tower.
The deal was negotiated by Matt Stagg, Christian Hatzis and Philip Heberling of Colliers.
QUEENSLAND
COOMERA - $30 MILLION
Spotlight Property Group has acquired a prominent 2.78-hectare development site at Lot 170 and Lot 171 Dreamworld Parkway, Coomera, for $30 million from Gordon Corp, with plans to develop a new retail centre.
Positioned alongside Dreamworld with significant Pacific Motorway frontage, the approximately 28,000sqm landholding offers substantial exposure within the Gold Coast's northern growth corridor. The site is earmarked for a new retail centre, with additional potential for complementary retail and large-format showroom uses.
The off-market transaction was negotiated by Marlon Crawford of Colliers on behalf of vendor Gordon Corp.
DALBY - $10.8 MILLION
The established medical centre at 37–41 North Street, Dalby has sold for $10.8 million to a local private investor following a national Expressions of Interest campaign that attracted 105 enquiries and seven formal offers.
Positioned along the Bunya Highway, the fully leased healthcare facility is anchored by Ochre Health, alongside tenants Sullivan Nicolaides and Alpenglow Diagnostic Imaging. The centre provides general practice, pathology and diagnostic imaging services to a regional population of approximately 13,500 residents, highlighting continued investor demand for essential healthcare assets.
The deal was negotiated by Thomas Proberts, Tom Moreland, Harrison Coburn and James Freemantle of Stonebridge Property Group.
SOUTH AUSTRALIA
EXETER - $1.88 MILLION
The retail investment at 130 Semaphore Road, Exeter has sold for $1.88 million to an interstate investor prior to auction, reflecting a 5.3% net passing yield after being offered to the market for the first time in 44 years.
Occupying a 566sqm corner site with 11 metres of frontage to Semaphore Road, the property is fully leased to Star Liquor Semaphore under a newly commenced 10-year lease extending to October 2035, with annual CPI-linked rent reviews. The campaign attracted more than 70 enquiries and six formal offers, highlighting demand for long-leased retail investments in Adelaide's coastal precincts.
The deal was negotiated by Harrison Grice and Ned Walter of Knight Frank.
