New South Wales
WATERLOO - $22.5 million
Colliers has sold 171B Botany Road, Waterloo, for $22.5 million to Dascol Corporation, marking a key inner-south Sydney industrial transaction.
Managed by Colliers agents Michael Crombie, Trent Gallagher, and Joseph Lin, the 2,349sqm site drew strong interest due to its MU1 – Mixed Use zoning, dual frontages, and proximity to the new Waterloo Metro station.
The site comprises a 2,221 sqm industrial facility with short-term income, offering holding value and future redevelopment potential, and was transacted at a strong land rate of $9,787/sqm.
PARRAMATTA - $1.03 million
A retail shop at Shop 2, 52 George Street, Parramatta, has sold at auction for $1.03 million, highlighting strong demand for well-located CBD assets.
The 85sqm property, leased to M&A Bizy Scissors until 2027, sits opposite the new Metro Station site and near the Powerhouse Museum and proposed Civic Link pedestrian spine.
Marketed by Knight Frank’s Patrick Harlalka and Inveraray Property, the property was purchased by a long-standing local owner-occupier and drew broad interest from both investors and owner-occupiers.
MACQUARIE PARK - Undisclosed
Colliers' Sam Thomlinson and Trent Gallagher have successfully sold 5 Byfield Street, Macquarie Park, setting a record land rate and reinforcing demand for strategic assets in Sydney’s fast-evolving Macquarie Park Innovation Precinct.
The 4,606sqm site, improved by a 1,855sqm freestanding building, is zoned E2 Commercial Centre with planning controls allowing for a 2:1 FSR and 45m height limit—enabling up to 9,212sqm GFA (STCA).
Driven by redevelopment potential, the campaign attracted diverse interest across BTR, self-storage, student housing, and commercial uses, capitalising on proximity to Macquarie Centre, University, and Metro station.
Victoria
LAVERTON NORTH - $21.25 million
Colliers has successfully sold 38–44 Dohertys Road, Laverton North, to Marchem Australasia for $21.25 million, in a major Inner West industrial transaction facilitated by Hugh Gilbert, Daniel Telling, Charlie Woodley, and Nick Saunders.
The 3.3-hectare site includes a 13,700 sqm low site cover facility with strong development potential in a tightly held, infill precinct with excellent access to the Port of Melbourne, CBD, and key transport arterials.
Its strategic location in Laverton North makes it ideal for last-mile logistics and industrial occupiers.
BRUNSWICK - Undisclosed
A tightly held inner-north landholding at 373–375 Victoria Street, Brunswick, has sold following a competitive campaign led by CVA’s Domenic Sgambellone, Leo Mancino, and Luca Angelico
The 854 sqm site, with dual frontages to Victoria and Talbot Streets, attracted strong developer, occupier, and investor interest due to its proximity to Brunswick Station, Sydney Road, and key retail and residential precincts.
Marketed as a flexible blank canvas for development or commercial use (STCA), the result highlights strong demand for rare, versatile sites in Melbourne’s inner north.
Queensland
KEDRON - Combined, $12.9 million
On behalf of Citimark Properties, Stonebridge Property Group has sold 7-Eleven and Starbucks Kedron in Brisbane for a combined $12.9 million, achieving a blended 4.99% yield.
Marketed via an Expressions of Interest campaign by Michael Collins, Tom Moreland, James Freemantle, and Harry Curtain, the sale drew 224 enquiries and 14 offers, highlighting strong demand for blue-chip convenience retail assets.
Both properties, located just 8km from Brisbane’s CBD, feature 12-year leases to 2036 with 3% annual increases and were sold separately to interstate private investors.
NEW FARM - $12.8 million
A high-net-worth Brisbane investor has acquired The Brunswick Hotel in New Farm for $12.8 million in an off-market deal, reflecting a sharp 4.5% yield.
Located on a 3,056sqm corner site at 569 Brunswick Street, the recently refurbished heritage-listed pub was sold by CBRE’s Joe Tynan and Paul Fraser, who initiated the sale with a strategic approach to the owner.
Leased to ALH Group on a 15-year triple net lease with options to 2087, the venue offers long-term income security in a prized inner-city location.
TOWNSVILLE - $11 million
The Woolcock Centre, a large format retail complex in Townsville, has sold for $11 million in its first change of ownership since construction over 40 years ago.
Located at 238–262 Woolcock Street, Currajong, the 5,800 sqm centre on a 23,600 sqm site was acquired off-market by Sydney-based Unikorn Capital, with the sale negotiated by Dan Place and Mark Fitzgerald of Knight Frank Townsville.
Fully leased to 15 tenants, including Terry White Chemmart and La-Z-Boy, the asset boasts a WALE of 2.58 years and a net income of $870,000 per annum.
