New South Wales
TAMWORTH – $160 million
IMG Hotel Group has acquired the Tamworth Pub Group portfolio for $160 million, marking one of the largest regional pub transactions in New South Wales in recent years.
The portfolio includes the Longyard Hotel, Southgate Inn, Family Hotel, The Pub and Brittan’s Brewery, spanning over 20,000sqm of freehold land with gaming, accommodation and retail liquor components.
The deal was negotiated by John Musca and Kate MacDonald of JLL Hotels & Hospitality Group.
ST MARYS – $10.29 million
A brand-new childcare centre at 42 Morris Street, St Marys has sold for $10.288 million, reflecting a 5.25% yield and strong investor demand for early education assets.
The 108-place centre sits on a 2,198sqm corner site and is leased to Montessori Academy on a 15-year net lease to 2040, with options extending to 2060.
The deal was negotiated by Michael Vanstone and Darren Beehag of CBRE.
Victoria
ROSEBUD – $2.14 million
A pharmacy investment at 1045 Point Nepean Road, Rosebud has sold for $2.14 million following a competitive auction campaign, reflecting a 4.6% yield.
The 235sqm retail property is leased to Amcal Pharmacy on a 5+5-year term and attracted more than 100 enquiries, with four bidders competing on auction day.
The sale was negotiated by Tom Fisher and David Bourke of Fitzroys.
GLEN IRIS – $1.5 million
A retail freehold at 265–269 Burke Road, Glen Iris has sold for $1.5 million, reflecting strong demand for value-add opportunities in Melbourne’s inner-east.
The 582sqm Commercial 1 zoned site offers immediate retail income with longer-term mixed-use development potential (STCA).
The sale was negotiated by Luke Peric of Jones Real Estate.
MOORABBIN – Undisclosed
Spotlight Property Group has acquired the Moorabbin Retail Centre at 405 Boundary Road following a highly competitive campaign, highlighting continued demand for large format retail assets.
The 3,685sqm fully leased centre sits on a 12,220sqm site within the Moorabbin Airport precinct and is anchored by Decathlon and National Tiles, underpinned by a long-term ground lease structure.
The sale was negotiated by Tim McIntosh and Will Heffernan of Colliers.
Queensland
ANDERGROVE – $6.45 million
A brand-new childcare centre at 6 Cutler Drive, Andergrove (Mackay) has sold for $6.45 million, reflecting a 5.79% yield.
The asset is underpinned by a 15-year net lease to 2040 with options to 2060 and sits on a 2,749sqm site within a high-growth residential catchment.
The deal was negotiated by Josh Scapolan, Fin Hume and Tom Lawrence of CBRE.
GARBUTT – $2.05 million
An owner-occupier has acquired 15–19 Dalrymple Road, Garbutt for $2.05 million, reflecting strong demand for adaptable industrial assets in Townsville.
The 2,481sqm site includes an 856sqm building, recently transformed from office space into functional warehouse accommodation within the tightly held Corporate Park Industrial Estate.
The deal was negotiated by Paul Dury and Dan Place of Knight Frank.
South Australia
ADELAIDE – $10.05 million
A prominent development site at 167A–173 Hindley Street, Adelaide CBD has sold for $10.05 million, marking another strong result for city development assets.
The 1,794sqm corner site, currently improved with a two-storey retail and office building, is earmarked for a future mixed-use redevelopment (STCA).
The sale was negotiated by Yee Ng and Simon Lambert of McGees Property.
