Commercial Real Estate Deals of the Week - 23rd February 2026 | Content Hub

Commercial Real Estate Deals of the Week - 23rd February 2026


February 2026
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Commercial Real Estate Deals of the Week - 23rd February 2026

Queensland

YANDINA - $27 million

A News Corp–leased printing facility at 54 Pioneer Road, Yandina has sold for $27 million, marking the largest industrial transaction ever recorded on the Sunshine Coast. 

The asset was acquired by Rethink Capital and sold by WOTSO after 19 years of ownership,

the sale was negotiated by Colliers’ Nick Dowling and Simon Beirne.

Fully leased to News Corp through to 2036, the 22,960sqm site includes a purpose-built 9,100sqm facility and offers future development upside, setting a new benchmark for the region’s industrial market.

PIMPAMA - $8 million

A 30-hectare landholding at 1 Rifle Range Road and 25 Hotham Creek Road, Pimpama has sold for $8 million, highlighting continued demand across the Northern Gold Coast growth corridor.

The site was marketed by Bromley Real Estate’s Ben Armstrong, Mumtaz Saleem and John Barter on behalf of a deceased estate.

Bordered by established housing, the M1 and Pimpama State School, the property holds approval for nine lots and sits close to the new Pimpama train station. 

Strong interest came from developers and long-term investors eyeing future urban footprint potential.


Tasmania

DERWENT PARK - $4.4 million

An Australia Post-leased facility at 11C Lampton Avenue, Derwent Park has sold for $4.4 million, reflecting a yield of around 6.0%. The sale was negotiated by CBRE’s Matthew Wright and George Wilkinson.

The 3,954sqm General Industrial site includes a 1,816sqm warehouse and distribution facility, occupied by Australia Post for more than 20 years and generating approximately $265,000 in annual rent.

Strong demand for government-backed tenants in Tasmania’s tightly held industrial market underpinned the result.


Western Australia

BIBRA LAKE - $8.7 million

Colliers has sold Lots 603–606 Horus Bend, Bibra Lake for $8.7 million, reflecting a record land rate of approximately $709 per sqm. 

The 12,263sqm offering was transacted in one line following a competitive Expressions of Interest campaign managed by Benjamin Kepes and Sam Hammond.

The five-week campaign generated more than 130 enquiries and 17 offers.

Comprising four adjoining Mixed Business lots, the site’s scale and connectivity to Stock Road, the Kwinana Freeway and Fremantle Port drove strong buyer competition in the tightly held precinct.

BENNETT SPRINGS - $6.22 million

Bloom Early Education Bennett Springs has sold for $6.22 million, reflecting a 6% cap rate. The newly developed 96-place childcare centre at 1 Dulwich Street was divested by Jarra Investment Trust Sixteen to a private investor.

The sale was brokered by Sterling Property’s Jake Wallman and Simon Brady. Opened in August 2024 and underpinned by a 15-year lease to an experienced WA operator, the asset attracted strong private investor demand for defensive childcare investments.

WELSHPOOL - Undisclosed

Colliers has completed the off-market sale of 248 Welshpool Road, Welshpool, a fully leased industrial asset transacted by Hayden Dick and Sam Hammond from the Industrial & Logistics team.

The property comprises a 7,905sqm landholding with 4,093sqm of improvements and is leased to Natdrill, Veqtor Conveyors & Auto and Jumpin Beans Café. 

Dual frontage to Welshpool and Orrong Roads, combined with its blue-chip industrial location, drove strong investor interest amid continued demand for core WA industrial assets.


New South Wales

RUTHERFORD - $8.5 million

The Hunter Gateway Motel in Rutherford has sold for $8.5 million, with the freehold acquired by the Trinity Accommodation Regional Hospitality Fund (TARHF), managed by Mandala Asset Solutions. The transaction was handled exclusively by ResortBrokers.

The 63-room motel, located just off the New England Highway, includes conference facilities and has approval for additional rooms. 

The acquisition forms part of Mandala’s strategy to expand its regional accommodation portfolio, targeting income-producing assets with operational and development upside across key regional markets.


Victoria

SORRENTO - $2.9 million

A mixed-use freehold at 111 Ocean Beach Road, Sorrento has sold for $2.9 million, marking the township’s first retail auction in four years. The sale was negotiated by CBRE’s Nathan Mufale, Alex Brierley and JJ Heng.

The 218sqm property sits on a 219sqm landholding and is leased to fashion retailer Ghanda, returning $91,640 per annum.

The result reflected a sharp 3.16% yield and a land rate of $13,242 per sqm, highlighting ongoing demand for tightly held coastal retail assets.

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