Queensland Commercial Property News

NAB will shift its Queensland headquarters and 650 employees to Brisbane’s Golden Triangle after leasing 8000sqm of space from the Investa Commercial Property Fund.

Vacancy levels in the Brisbane CBD are predicted to peak at 19% this year, but industry commentators are confident growing demand from the health care and IT industries will counteract any further rise.

A prime beachside development site at Palm Beach on the Gold Coast is on the market for the first time in more than 30 years.

Developers, investors and tenants interested in being part of the Sunshine Coast’s new Maroochydore CBD are being welcomed with open arms, as expressions of interest officially open.

Investors looking for a slice of ‘paradise’ need look no further than Queensland’s Sunshine Coast, with the remaining strata units at the Pacific Paradise Resort up for sale.

Predictions of an improved Bundaberg residential market has hopes high for a large-scale development opportunity on the outskirts of the city.

Kunda Park is proving its credentials as one of the Sunshine Coast’s standout areas for industrial property, shaking off the pressures of oversupply seen in other parts of the coast.

Property funds manager Forza Capital has finalised a deal to buy a South Brisbane office tower from Armada Funds Management for $65.5 million. This article originally appeared on theaustralian.com.au/property.

The Sunshine Coast’s property market is preparing for its own version of Australia’s “mining boom”, as the development of the region’s $5.3 billion Oceanside Health Hub gathers pace.