Queensland

A NORTH Queensland pub that was damaged by a cyclone, and then abandoned, has been listed for sale, ending a four year battle.

Retail and land/development properties dominated interest in the commercial market over the past week, securing six of the top 10 spots on realcommercial.com.au’s most-viewed listings.

Buying a luxury villa on the Great Barrier Reef just got a whole lot easier, with Malaysian conglomerate Mulpha Australia kickstarting the development of the remainder of its 21-site luxury villa estate on idyllic Hayman Island.

An eclectic mix of commercial properties drew interest last week, from a warehouse conversion in Melbourne’s inner-west to a billionaire’s refined estate and mansion in the Gold Coast hinterland with a $50 million price tag and a beautiful church in downtown Hobart.

Flights to Cairns, meals at a top Adelaide restaurant, and luxury resort accommodation near Far North Queensland’s Daintree were some of the tools used by Mayfair 101 executives to draw in about $210m from investors.

Australia’s largest annual auction event on the Gold Coast will make its first foray into the commercial sector, as hundreds of business minds turn to real estate investments due to the fallout of COVID-19.

Property giant Stockland has boosted its residential pipeline with the acquisition of masterplanned community south west of Brisbane.

Investors have snapped up a Dan Murphy’s, Starbucks, Red Rooster, KFC, Hungry Jack’s and McDonald’s in auctions totalling $160 million.

A Queensland cattle station has been crowned the top property sold at auction in Australia this year by one of the biggest agencies, after it fetched an eye-watering $35m.