QUEENSLAND
TAIGUM – $120 million
Taigum Square, approximately 15 kilometres north of the Brisbane CBD, has sold for $120 million, with MA Financial Group acquiring the sub-regional shopping centre from Vicinity Centres as part of the vendor’s ongoing capital recycling strategy.
The centre comprises 22,470sqm of gross lettable area and is anchored by Woolworths and Big W, alongside more than 59 specialty stores and kiosks. The asset is 98.9% occupied, generates approximately $140 million in annual turnover, and provides 1,072 car spaces.
The deal was negotiated by Simon Rooney of CBRE on behalf of Vicinity Centres.
WESTERN AUSTRALIA
BULLSBROOK – $80 million
A major industrial landholding at 201 Stock Road, Bullsbrook has been acquired by Troon Group for $80 million, marking the developer’s first entry into the Perth market.
The 180-hectare site, approximately 15 kilometres north of Perth, has an approved planning permit and is set to be subdivided into approximately 130 industrial lots for sale and lease. Positioned near Tonkin Highway with access to key freight corridors, Troon Group expects to bring the project to market in the first quarter of 2027.
The deal was negotiated by Andrew Bell, Chris O’Brien and Josh Deluca of CBRE, alongside Matt Lyford of Industrial & General.
NEW SOUTH WALES
EASTERN CREEK – $49 million
Eastern Creek Quarter Large Format Retail (ECQ XL) in Western Sydney has sold for $49 million, with MA Financial Group acquiring the asset from Vicinity Centres.
Completed in 2022, ECQ XL comprises more than 11,000sqm of large-format retail accommodation, anchored by Officeworks, 4WD Supacentre, Anaconda and RSEA Safety, alongside seven additional tenancies, a café and two pad sites occupied by McDonald’s and KFC. Positioned at the intersection of the M4 and M7 motorways, the precinct has exposure to approximately 26 million vehicles annually.
The deal was negotiated by Simon Rooney of CBRE on behalf of Vicinity Centres.
ARNDELL PARK – $34 million
The newly developed self storage facility at 3 Holbeche Road, Arndell Park has sold for $34 million to StoreLocal, forming part of a $57 million two-asset acquisition across Western Sydney.
The facility spans a 9,008sqm site and provides 9,060sqm of net lettable storage space across three levels. Developed by SeventySix and constructed by Akura, the asset was acquired under a turnkey structure while under construction, with the transaction settling following completion in August 2026.
The deal was negotiated by John Micallef and Jason Edge of CBRE.
JAMISONTOWN – $23 million
The newly completed self storage facility at 5 Abel Street, Jamisontown has sold for $23 million to StoreLocal, expanding the operator’s presence across the growing Western Sydney market.
The property occupies a 6,306sqm site and comprises 6,172sqm of net lettable storage space across three levels. Developed by SeventySix and constructed by Akura, the facility was sold with vacant possession, allowing StoreLocal to immediately establish operations following practical completion.
The deal was negotiated by John Micallef and Jason Edge of CBRE.
VICTORIA
BRIGHTON – $4.01 million
The retail investment at 36 Church Street, Brighton has sold under the hammer for $4.01 million, following a competitive auction that attracted three bidders and achieved a sharp 3.9% yield.
The property comprises a 201sqm two-level building on a 184sqm site, with the ground-floor retail space leased to international eyewear and optometry retailer Bailey Nelson on a 5+5-year lease from November 2024. The campaign attracted more than 60 enquiries, with the property ultimately acquired by an investor sourced through Fitzroys’ Asian Services network.
The deal was negotiated by Mark Talbot, Tom Fisher and Ben Liu of Fitzroys.
MOORABBIN – $1.9 million
The freehold industrial warehouse at 11 Horscroft Place, Moorabbin has sold under the hammer for $1.9 million to an owner-occupier, following a competitive auction campaign.
The property achieved a building rate of $3,392 per sqm, with the campaign attracting multiple offers and interest from owner-occupiers, investors and land bankers. The result reflects continued demand for well-located industrial assets across Melbourne’s tightly held south-eastern industrial precinct.
The deal was negotiated by Rodney King and Joshua Colosimo of Aston.
SOUTH YARRA – PRICE UNDISCLOSED
The strata office at Level 2, 15 Claremont Street, South Yarra has sold with vacant possession to HTA Advisory, marking the suburb’s third-largest strata office transaction of the past decade.
The 779sqm whole-floor office features an existing fit-out, 13 secure basement car spaces and upgraded lobby areas. HTA Advisory will establish its new headquarters at the property, securing long-term accommodation in the heart of South Yarra’s commercial precinct near Chapel Street, Toorak Road and South Yarra Station.
The deal was negotiated by Xavier Nguyen and Eddie Foulkes of Colliers.
