Regional Commercial Property News

The sale of five childcare centres – with a national record price for one and a state record for another – fired Cushman & Wakefield’s to impressive results for its final 2021 auction.

After a series of big purchases, NSW’s Laundy family is now among the sellers, with the Canobolas Hotel in Orange fetching $24m.

With interest rates low and plenty of capital competing for property, income-chasing investors are getting creative in their search for opportunities.

Funds management heavyweight QIC says major regional shopping centres are coming back into the sun and performing well after Covid.

A coveted retail outlet occupied by a leading lifestyle brand and positioned on one of Byron Bay’s busiest intersections is available to purchase for the first time since 1935.

The industrial sector continues to outperform other asset classes nationally, with regional centres along the east coast outstripping capital cities thanks to record migration levels and pandemic-related e-commerce demand, new research shows.

The residential property boom in regional towns is having a flow-on effect to commercial property markets with areas in demand with homebuyers offering savvy investors promising commercial opportunities.

Investors are banking on large investment returns from regional hotel assets with a string of hospitality properties in NSW and Far North Queensland recently changing hands.

A Bendigo building tenanted by Australia Post, sold for $6.375 million this week in a competitive auction that saw a Melbourne investor win-out against a local bidder. Recent commercial sales in the City of Bendigo have reflected the interest of interstate investors in Victoria’s fourth largest city.