Victoria
BENDIGO – $110.1 million
Lansell Square, a sub-regional shopping centre in Bendigo, has sold for $110.1 million to a private Asian investor in an off-market deal.
The centre is anchored by Coles, Woolworths and Kmart and sits on an 8.8-hectare landholding approximately 146km north of Melbourne.
The transaction was brokered by Stonebridge Property Group’s Justin Dowers and Kevin Tong on behalf of Charter Hall.
COLLINGWOOD – Undisclosed
Impact Investment Group has sold the office building at 54 Wellington Street, Collingwood to ASA Real Estate Partners.
The 11-level building provides 15,311sqm of office space and includes 153 car parks, with a 5-star NABERS Energy rating.
The transaction was brokered by Cushman & Wakefield’s Leigh Melbourne, Nick Rathgeber, Mark Hansen and Daniel Wolman together with JLL’s Piper Dedrick.
DERRIMUT – $3.8 million
The manufacturing facility at 149 Paramount Boulevard, Derrimut has sold for $3.8 million, reflecting a 5.92% yield.
The freestanding industrial asset is leased to Chinese Gourmet Express Pty Ltd (trading as I Love Dumplings) and returns $225,000 per annum plus outgoings under a lease running through to 2030 with a further five-year option.
The sale was negotiated by Paul Jones and Mimi Hoang of Jones Real Estate, with the property acquired by an interstate investor from NSW following strong national interest.
NOTTING HILL – $3.13 million
The corner investment at 398–400 Ferntree Gully Road, Notting Hill has sold for $3,131,780, reflecting a 4.69% yield following a competitive Expressions of Interest campaign that generated more than 90 enquiries.
The fully leased property, positioned within Melbourne’s Monash employment and technology corridor, sits on a 1,572sqm landholding with 533sqm of building area and was sold by CVA's John Nockles and Ian Angelico.
Queensland
BRISBANE – $21 million
Precept Property Partners has acquired the office building at 26 Wharf Street, Brisbane CBD for $21 million, reflecting a 7.78% net yield. The 11-level property provides 2,956sqm of office space and sits on a 375sqm site within the city’s Golden Triangle precinct.
The sale was negotiated by Tim Jones of Chesters Real Estate and Mike Walsh and Peter Court of MP Commercial.
NOOSA – $15.3 million
A high-net-worth private investor has acquired the beachfront retail asset at 75 Hastings Street, Noosa for $15.3 million, reflecting a 4.66% yield.
The 460sqm property forms part of Netanya Noosa and features uninterrupted views over Noosa’s Main Beach.
The sale was negotiated by CBRE’s Michael Hedger, Mikaela O’Farrell and Louisa Blennerhassett, with the asset secured by a long-term net lease to a prominent waterfront restaurant tenant extending through to 2045.
MORNINGSIDE – $1.56 million
A retail freehold at 600 Wynnum Road, Morningside has sold for $1.56 million, reflecting a record-low 3.48% yield, the sharpest commercial yield recorded in Brisbane so far in 2026.
The property, leased to long-standing bicycle retailer Bicycle Riders, was sold by Colliers’ Shaun Seeto and Xavier Cooke on behalf of St Vincent de Paul Society Queensland, with a local private investor securing the asset following strong early competition.
DECEPTION BAY – $4.15 million
North Rise Shopping Village at 1–7 Mariner Boulevard, Deception Bay has sold for $4.15 million, reflecting a 4% yield.
The 1,099sqm neighbourhood retail centre sits on a 5,083sqm corner site and is anchored by an IGA supermarket alongside a mix of service-based tenants.
The off-market sale was negotiated by Knight Frank's Jacob Heinke and Hayden Ryan, with a Sydney-based private investor acquiring the asset.
