Queensland Commercial Property News

The United States proved to be the dominant foreign force in Australian retail investment in 2016, while Queensland tipped New South Wales out of top spot for sales.

A popular Toowoomba pub that closed mysteriously after its owners announced suddenly on Facebook they were shutting its doors is on the market for $1.8 million.

A six billion dollar sales slump hasn’t stopped Australia’s commercial property investment market from powering into the New Year.

For little more than the price of the average home in Sydney, you can own a basketball facility that just last year belonged to a professional team.

The future of the most popular property on Realcommercial last year – a farm and palatial home in regional Queensland – remains unclear after fire ravaged the mansion just days after Christmas.

The Gold Coast’s re-emergence as an international holiday hotspot has been given a major boost, with Hong Kong billionaire Tony Fung planning a $440 million six-star beachside hotel.

Australia’s booming market for purpose-built student accommodation, having caught the attention of some of the world’s largest investors, could be on the precipice of oversupply. This article originally appeared on theaustralian.com.au/property.

Gaming giant The Star Group has won approval for a lavish 55-level six-star hotel and apartment tower on the Gold Coast, as more global hoteliers flag interest in Australia’s cramped hospitality sector. This article originally appeared on theaustralian.com.au/property.

A Salvation Army building known as the “People’s Palace” and operated as a cheap hotel for 104 years has sold for more than $2.7 million.