Queensland

Aniko Group has swooped on a fresh site at Mermaid Beach, unveiling plans for a $1bn landmark project billed as the southern gateway to Broadbeach and Surfers Paradise.

Time’s up for this Glitter Strip hotel which has hosted generations of holidaymakers over the years.

Commercial investors affected by Queensland’s new land tax are considering selling out of the market or passing on extra costs to renters, industry experts warn.

The tough economic environment for commercial property has claimed yet another deal with Queensland businessman Don O’Rorke’s Consolidated Properties Group and funds house CVS Lane Capital Partners pulling a $500m mall portfolio off the market.

In a sign of the strength of the office market’s recovery from the pandemic, a heritage-listed commercial building in Brisbane has been sold for $28,650,000.

The Palaszczuk government has defended dramatic changes to land tax for interstate property investors, but industry remains dubious.

A huge opportunity has opened for investors with the receiver sale of a multimillion-dollar Brisbane property owned by the Presbyterian church after fundraising efforts to save it fell short.

The popular international food franchise founded in Japan is a tenant within this fully leased retail investment in one of Queensland’s fastest growing areas.

A highly-prized Coles supermarket is tipped to sell for about $30 million and attract strong interest from private investors looking for a hedge against inflation.