Queensland
FORTITUDE VALLEY - $30 million
A landmark James Street precinct asset at 171–181 Robertson Street, Fortitude Valley has sold for more than $30 million following a highly competitive campaign.
The 1,651sqm site, positioned opposite The Calile Hotel and fully leased with short-term WALE, generated 170 enquiries from high-net-worth investors and developers seeking rare exposure to Brisbane’s tightly held lifestyle precinct.
The deal was negotiated by Tom Barr of RWC Queensland.
FORTITUDE VALLEY - $4.8 million
A prized freehold asset at 116 Robertson Street, Fortitude Valley has sold for $4.8 million following a highly competitive Expressions of Interest campaign.
Located within Brisbane’s tightly held James Street Precinct, the two-level office and medical building attracted 11 bids, with buyer demand driven by the asset’s freehold status, parking and future owner-occupier potential.
The deal was negotiated by Hayden Ryan and Jacob Heinke of Knight Frank.
New South Wales
MINCHINBURY - $8.7 million
An infill development site at 51–57 Fleurs Street, Minchinbury has sold for $8.7 million, highlighting strong demand for smaller-scale development opportunities across Western Sydney.
The property sold via an Expressions of Interest campaign within six weeks, with buyers attracted to the site’s ability to support efficient delivery in a tightly supplied market.
The deal was negotiated by Alex Mirzaian and Ben Wicks of CBRE.
WOOLLAHRA - $4.3 million
A tightly held freehold restaurant investment at 49–51 Moncur Street, Woollahra has sold for circa $4.3 million, reflecting a sharp 2.8% net yield.
Held by the same family for more than 30 years, the dual-level asset generated more than 160 enquiries, with buyers drawn to its secure hospitality income, village positioning and future repositioning potential.
The deal was negotiated by Paul Grasso of Colliers.
Victoria
BORONIA - $15 million
A major infill development site at 258 Scoresby Road, Boronia has sold for circa $15 million following a highly competitive campaign.
The 1.466-hectare property, sold as a Mortgagee in Possession sale, attracted more than 130 enquiries and eight written offers, with buyers drawn to its immediate value-add potential and long-term residential redevelopment upside.
The deal was negotiated by Jozef Dickinson, Philip Heberling and Mark Burgio of Colliers.
HIGHETT - $1.8 million
A bayside hospitality asset at 515 Highett Road, Highett has sold prior to auction for $1.8 million, reflecting a sharp 4.67% yield.
The dual-level freehold, home to The Hellenic House Project, attracted strong private investor interest due to its established income stream and prominent position within Highett’s tightly held retail strip.
The deal was negotiated by David Napoleone of CBRE.
PARKVILLE, VIC – price 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.
Northern Territory
JABIRU - price undisclosed
The iconic Mercure Kakadu Crocodile Hotel in Jabiru is set to be acquired by Journey Beyond, following a competitive national and international campaign.
The landmark 110-room tourism asset, located within Kakadu National Park, attracted strong interest from domestic and offshore groups seeking exposure to experience-led tourism assets.
The deal was negotiated by Sam Abel and Karen Wales of Colliers.
