Queensland Commercial Property News

A prime parcel of land on the NSW Tweed Coast, currently home to Australia’s premier outdoor resort, is attracting a frenzy of interest from potential buyers worldwide.

The first vertical school in Greater Springfield offering an international education program could be open by 2024, providing a “town and gown experience” for students.

The sale of a Townsville office block has broken the regional city’s price record for a commercial office building. A fund managed by Castlerock snapped up the ‘Verde Tower’ at 445 Flinders St for $92.855 …

Not even a global pandemic could stop the sale of a rare converted Brisbane warehouse, which has sold cash unconditional for $2.7 million.

The Real Estate Institute of Queensland says it’s “bitterly disappointed” with the Palaszczuk government’s proposed COVID-19 tenancy protection measures, saying they go “too far” and neglect landlords. 

The Palaszczuk Government’s proposed COVID-19 protections for tenants have come under fire for forcing mum and dad investors to foot the bill for losses from renters they will be banned from evicting.

Investors can’t get enough of Queensland offices in the current market, with the asset class occupying four of the state’s top five listings on Realcommercial last week.

A cashed-up buyer has splashed a cool $4.01 million on an entire townhouse block on the southern Gold Coast despite the COVID-19 crisis gripping the city.

The Queensland government’s unveiling of a $400m land tax package for stressed landlords on Thursday is expected to trigger further relief for property owners nationally as commercial tenants demand rent holidays.