Commercial Real Estate Deals of the Week - 13th April | Content Hub

Commercial Real Estate Deals of the Week - 13th April


April 2026
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Commercial Real Estate Deals of the Week - 13th April

Queensland

HAMILTON - $19 million

A major riverside development site at 11–23 Macarthur Avenue, Hamilton has sold for $19 million, reflecting strong demand for large-scale residential opportunities in Brisbane.

The 7,401sqm site comes with approval for two 23-storey build-to-rent towers (560 apartments), underscoring growing confidence in the sector.

The deal was negotiated by Will Carman and Trent Hobart of CBRE.


WARWICK - $7.45 million

A large-format retail centre at 64 Victoria Street, Warwick has sold for $7.45 million, highlighting strong investor demand for regional retail assets.

Anchored by Harvey Norman on a long-term lease to 2034, the 3,809sqm centre sits on a 7,502sqm site and offers secure, defensive income.

The deal was negotiated by Chris Stewart of LJ Hooker Commercial Toowoomba and Harry Dever of Colliers.


Victoria

SALE - $6 million

A neighbourhood shopping centre at 177–197 York Street, Sale has been successfully transacted, highlighting strong demand for defensive retail assets.

The IGA-anchored centre attracted 100+ enquiries and 30 data room participants, underscoring continued investor appetite for assets with secure, long-term income.

The sale was managed by CBRE exclusive selling agents Jamie Hess, Sam Guest and Beau Coulter.


MOUNT WAVERLEY - $5.0 million

An infill industrial site at 5–7 Ricketts Road, Mount Waverley has sold for $5,000,000, reflecting strong demand for development-ready land along the Monash corridor.

The 3,155sqm site, offered with vacant possession and exposure to the Monash Freeway, attracted 94 enquiries from owner-occupiers, developers and investors.

The sale was negotiated by Jonathan Mercuri, Steph Archer and Alex Browne of Colliers.


HAMPTON - $1.62 million

The IGA Hampton at 549–551 Hampton Street has sold under the hammer for $1.62 million, following a highly competitive campaign.

The asset generated 70+ enquiries and 10+ inspections, with the auction seeing 18 bids between two parties, highlighting strong demand for prime strip retail investments.

The sale was negotiated by Lucas Soccio and Kosta Palios of Colliers.


GEELONG - $1.59 million

A healthcare investment at 36 Ryrie Street, Geelong has sold under the hammer for $1.59 million, reflecting a 5.6% yield.

The property is leased to MoleMap on a new eight-year lease, highlighting strong investor demand for essential service tenants.

The sale was negotiated by Chris Kombi and Lewis Waddell of Fitzroys, in conjunction with Andrew Prowse and Tim Darcy of Darcy Jarman.


MELBOURNE - $525,000

A boutique office suite at Unit 102/167 Queen Street, Melbourne has sold for $525,000 to an owner-occupier, reflecting renewed demand for small CBD office spaces.

The 115sqm suite attracted multiple inspections, with the purchaser sourced directly through agency networks, highlighting strong off-market buyer depth.

The deal was negotiated by Mimi Hoang and Oscar Sturm of Jones Real Estate.


New South Wales

GRAFTON - $10.5 million

The Clocktower Hotel at 93 Prince Street, Grafton has sold for $10.5 million, reflecting an 8.4% yield and strong demand for regional coastal pub assets.

The landmark venue occupies a 1,221sqm corner site and features multiple income streams including bars, gaming, bistro and accommodation-style offerings.

The sale was negotiated by Hugo Weston of Savills Australia

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