Queensland

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.

The coronavirus pandemic has increased already-strong interest in the healthcare real estate sector, hinting huge growth in the near future.

Acquisitive pub baron Arthur Laundy has capped off a strong year, paying $35 million for Sydney’s Bidwill Hotel in one of 2020’s larger deals.

A 90-year-old inner-Brisbane soft drink factory is set to be transformed.