Commercial Real Estate Deals of the Week - 4th November | Content Hub

Commercial Real Estate Deals of the Week - 4th November


November 2026
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Commercial Real Estate Deals of the Week - 4th November

NEW SOUTH WALES

SEVEN HILLS - $18.3 MILLION

The industrial property at 11 Stanton Road, Seven Hills has sold for $18.3 million to Pipeclay Lawson Ltd, reflecting an initial yield of 5.68% following an Expressions of Interest campaign.

Occupying a 12,294sqm landholding, the property comprises 4,077sqm of industrial accommodation across three buildings, with extensive hardstand space and full drive-around access. The transaction is underpinned by a 15-year triple net leaseback to Master Builders Solutions, providing secure income alongside future value-add potential in Sydney's tightly held western industrial market.

The deal was negotiated by John Micallef, Jason Edge and Moshe Greengarten of CBRE.

WETHERILL PARK - $10 MILLION

The industrial facility at 21–23 Elizabeth Street, Wetherill Park  has sold for $10 million to Beyond Limited, a publicly listed Taiwanese storage solutions provider, following a competitive sales campaign.

Occupying a 2,350sqm site, the property comprises a 1,578sqm two-level warehouse and office facility, achieving a building rate of approximately $6,337 per sqm. The purchaser intends to occupy the property following a five-month vendor leaseback, securing a strategic operational base within one of Western Sydney's established industrial precincts.

The deal was negotiated by Janet Joljian and Nicholas Kennedy of CBRE.

ROSEVILLE - $8 MILLION

The historic Roseville Cinemas at 110–116 Pacific Highway, Roseville has sold for more than $8 million to an established cinema operator, securing the future of one of Sydney's oldest independent cinemas.

Occupying a combined 1,077sqm landholding, the offering includes the landmark cinema complex alongside an adjoining retail, office and residential building. Positioned directly opposite Roseville Train Station, the property attracted interest from investors, developers and owner-occupiers, with the purchaser committing to retain the existing cinema operation.

The deal was negotiated by Mark Litwin and Joshua Baruch of Knight Frank, alongside James Sutton of McGrath Lindfield.

SILVERDALE - $3.1 MILLION

The industrial landholding at 8–10 Warren Place, Silverdale has sold for $3.1 million to waste management company Auswaste, securing a strategic foothold in Western Sydney's emerging industrial corridor.

Comprising a 4,819sqm landholding, the property offers future subdivision potential and is located approximately 12 kilometres from Western Sydney International Airport, with access to the new M12 Motorway and surrounding arterial roads. Auswaste intends to occupy the site following the expiry of the vendor's leaseback arrangement.

The deal was negotiated by Janet Joljian and Fabio Screpis of CBRE.

QUEENSLAND

NARANGBA - $17.4 MILLION

The industrial investment at 44–56 Potassium Street, Narangba has sold for $17.4 million to Seymour Group, following an on-market campaign targeting investors seeking secure industrial income.

Occupying a 24,020sqm freehold site, the property comprises a 3,405 sqm warehouse and 530 sqm of office accommodation, alongside 40 car spaces, triple street frontage and full drive-around access. The asset is leased to Cubis Systems, part of global building materials group CRH, with future rental growth and site flexibility underpinning its investment appeal.

The deal was negotiated by James Wilkie, Angus Yule, Hugh Fletcher and Beau Newman of Colliers.

PARKHURST - $5.55 MILLION

The Caltex service station in Parkhurst, Rockhampton has sold for $5.55 million to a private investor, reflecting a 6.35% yield following a competitive Expressions of Interest campaign.

The property is secured by a new 10-year lease extending to 2036, providing long-term income from an established fuel and convenience operator. The campaign attracted 99 enquiries and four formal offers, with the purchaser acquiring the property sight unseen and unconditionally, highlighting demand for securely leased regional investments.

The deal was negotiated by Michael Collins, Tom Moreland, Harry Curtain and James Freemantle of Stonebridge Property Group.

SOUTH AUSTRALIA

ADELAIDE - $50 MILLION

The fully refurbished office tower at 26 Flinders Street, Adelaide has sold for $50 million to Exceed Capital*, with the acquisition completed through its FS Property Trust investment vehicle.

The 16-level commercial building comprises 10,217 sqm of net lettable area and 68 basement car spaces, with an occupancy rate of 91%. Major tenants include Aussie Broadband, Samsung Electronics, JCDecaux and SeaLink. The asset underwent a $10.7 million refurbishment completed in 2025, positioning it as a significant investment within Adelaide's recovering CBD office market.

The deal was negotiated by Max Frohlich and Ryan Mills of Knight Frank, alongside Ian Thomas and Alistair Laycock of CBRE.

WESTERN AUSTRALIA

COMO - $14 MILLION

The iconic Mount Henry Tavern at 176 Lockhart Street, Como has sold for $14 million to Western Australian hospitality operator LocalsCo, marking the state's largest walk-in, walk-out tavern transaction since 2023.

Occupying an 11,299 sqm landholding with four street frontages, the property sits less than eight kilometres from the Perth CBD within the Canning Bridge Activity Centre precinct. The site offers future mixed-use redevelopment potential of up to 10 storeys, with discretionary height concessions subject to approval. The acquisition marks LocalsCo's eighth hospitality venue in Western Australia, with the business component's price remaining confidential.

The off-market transaction was negotiated by Chloe Mason of CBRE on behalf of Golden Hotels.

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