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5 Commercial Assets Backing Australia’s Business Growth


May 2026
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5 Commercial Assets Backing Australia’s Business Growth

As businesses continue to evolve and expand, demand remains strong for commercial assets that provide flexibility, connectivity and long-term functionality. This week’s selection highlights five opportunities spanning industrial, office and mixed-use sectors, each positioned within markets benefiting from economic growth and occupier demand.



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Stage 3, 10 Speedwell Street, Somerville VIC 3912

Brought to market by AW industrial's Max Weinzierl and Al Armstrong in conjunction with Cameron's James Roux and Cheryl Yeats.

Located on the Mornington Peninsula, this Somerville opportunity benefits from strong industrial demand and limited supply of quality workspace assets. The area continues to attract owner-occupiers and investors seeking exposure to one of Victoria’s growing commercial regions. The property offers a well-positioned opportunity within an expanding employment market.

View listing:
https://www.commercialready.com.au/properties/stage-3-10-speedwell-street-somerville-vic-3912-32159



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36A East Esplanade, St Albans VIC 3021

Brought to market by Collier's Ervin Niyaz, Travis Keenan, Heath Wakeham and Jem Ali-Nolan.

Positioned within Melbourne’s western growth corridor, this St Albans asset benefits from strong surrounding residential density and increasing commercial activity. The area continues to experience population growth and infrastructure investment, supporting demand for local commercial services. The property offers investors exposure to a rapidly evolving suburban market.

View listing:
https://www.commercialready.com.au/properties/36a-east-esplanade-st-albans-vic-3021-32119



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Yarraberg Workspaces, 47 Blazey Street, Richmond VIC 3121

Brought to market by Savill's Tim Grant and Tom O'Halloran in conjunction with TeskaCarson's Reece Israel and Stephen Speck.

Located within one of Melbourne’s most sought-after city-fringe business precincts, Yarraberg Workspaces benefits from proximity to the CBD, transport infrastructure and a thriving commercial environment. Richmond continues to attract technology, creative and professional occupiers, making it one of the city’s most dynamic office markets.

View listing:
https://www.commercialready.com.au/properties/yarraberg-workspaces-47-blazey-street-richmond-vic-3121-32151



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Office Suites, 103 George Street, Parramatta NSW 2150

Brought to market by Collier's Andy Young, John McCann and Andrew Bui.

Situated within Sydney’s second CBD, these office suites benefit from Parramatta’s ongoing transformation into a major employment and commercial hub. Supported by significant infrastructure investment and growing corporate presence, the area continues to attract strong occupier demand. The opportunity offers investors exposure to one of Australia’s fastest-growing office markets.

View listing:
https://www.commercialready.com.au/properties/office-suites-103-george-street-parramatta-nsw-2150-32172



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95–105 Wright Street, East Devonport TAS 7310

Brought to market by Elders Commercial's Cale Ayres, Fletcher Seymour, Nicholas Bond and Clinton O'Keefe.

Positioned within a key Tasmanian commercial precinct, this East Devonport asset benefits from strong regional connectivity and proximity to major transport infrastructure. The area continues to play an important role in Tasmania’s freight and logistics network, supporting long-term commercial demand. The property presents investors with exposure to a strategic regional market.

View listing:
https://www.commercialready.com.au/properties/95-105-wright-street-east-devonport-tas-7310-32148

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