New South Wales
ROCKDALE - $29 million
Colliers has announced the successful sale of 395 West Botany Street, Rockdale, for circa $29,000,000 following a highly competitive campaign. The property was acquired by a high-net-worth private investor with a core-plus mandate, highlighting continued confidence in Sydney’s industrial sector.
The asset includes a 3,816 sqm showroom-style industrial facility with 123 car bays, situated on a prominent corner site with significant frontage on West Botany Street. Anchored by a brand-new five-year lease to Repco, approximately 74% of the facility remains vacant, offering significant upside through re-leasing or repositioning initiatives.
The deal was brokered by Colliers' Trent Gallagher and Edward McFarland.
MIDDLETON GRANGE - Undisclosed
A local investor has secured a purpose-built childcare centre in Middleton Grange, Southwest Sydney, on a sharp 3.92% yield following a competitive in-room auction campaign orchestrated by Andrew Sukkar, Partner at ReVest Property Group.
The property, located at 10–12 Broadbent Avenue, is leased to G8 Education, an ASX-listed operator with more than 500 centres across Australia and New Zealand, providing a secure and nationally recognised childcare covenant.
Positioned on a 1,069 sqm* site with a passing income of $132,994 per annum + GST + Outgoings, with a market cap of 10% on review, the asset is strategically located within one of Southwest Sydney’s most rapidly expanding family corridors.
Victoria
RESERVOIR - $7.5 million
A private investor has acquired a land-rich tenanted industrial asset in the Melbourne suburb of Reservoir for $7.5 million, reflecting a passing yield of 5.06% and an equivalent market yield of 7.54%.
CBRE’s Josh Deluca, Daniel Eramo, Jake George and Charlie Betts managed the transaction of the 5,141sqm manufacturing facility located at 297-301 Edwardes Street.
The asset attracted significant interest during the competitive on-market Expressions of Interest campaign, highlighting the continued strength and depth of the Victorian middle-market investment space.
The 8,975sqm site has a long-standing tenant, with an upcoming lease expiry and a further five-year term available, providing a solid foundation for future returns.
MURRUMBEENA - $4 million
Colliers Ben Baines, Philip Heberling, in conjunction with Ted Dwyer from RWC Melbourne CBD & Metro, have successfully sold 131 Poath Road, Murrumbeena on behalf of the Victorian Bridge Association.
The highly sought-after Activity Centre zoned site attracted over 100 enquiries and eight bids, before it was secured by a local developer for $4,000,000.
"The campaign drew strong interest from both owner-occupiers and developers, underscoring demand for well-located development opportunities in Melbourne’s inner south," said Ben Baines.
MELBOURNE CBD - $3.88 million
A prized retail freehold at 171 Bourke Street, Melbourne, has sold for $3,888,000 to a hospitality owner-operator who plans to open a new Asian fusion dining concept in mid-2026, reinforcing the East End’s reputation as Melbourne’s premier hospitality and entertainment precinct.
Located near the intersection of Bourke Street and Russell Street, the 200sqm two-storey property occupies a 189sqm land parcel with 7.1 metres of prime Bourke Street frontage and rear access to Melbourne Place.
The deal was brokered by Colliers' Matthew Stagg and Yvonne Zhou.
ABBOTSFORD - $1.75 million
Colliers Matt Knox and Xavier Nguyen have achieved a landmark result with the sale of Suite 5, 663 Victoria Street, Abbotsford, setting a new benchmark for the strata complex at $7,778/sqm, a 48% premium over previous sales.
The four-week EOI campaign generated 40 enquiries, 14 inspections, and multiple offers, with the property ultimately secured by a local owner-occupier for $1,750,000.
MALVERN - $1.5 million
Colliers has just transacted a retail investment at 60 Glenferrie Road in Malvern for $1,500,000, reflecting a strong yield of 4.37%.
Following a successful campaign managed by Lucas Soccio, Ben Baines and Matt Knox, Colliers introduced a local investor who continues to expand their retail portfolio across Melbourne's Southeast.
Lucas Soccio said, "This result highlights the enduring demand for well-located assets supported by quality tenants and strong lease covenants."
Positioned only metres apart in the heart of Malvern’s thriving retail and lifestyle precinct, the property enjoys exceptional exposure, strong passing foot traffic, and benefits from low vacancy rates and a high-spending local demographic. Zoned Commercial 1, the assets offer flexibility for a range of future uses, including retail, office, hospitality, or residential (STCA).
Western Australia
PERTH CBD - $5 million
A site with future development potential in Perth’s CBD has sold for $4.95 million, after being put on the market for the first time in more than 30 years.
The property at 7 Fore Street, which consists of a 1,362 sqm warehouse on a 1,879 sqm site, has been occupied by Asian grocer Lucky Import and Export Co. since 1991.
It offers flexible development potential for a mixed-use development, with R80 residential zoning.
The property was sold to a local private investor following an Offers to Purchase campaign run by Knight Frank’s Jonathan Wong on behalf of the Lucky Import and Export Co.
