Regional Commercial Property News

Regional commercial property news, commercial real estate market data, business news and insights.

Childcare in the crosshairs amid mixed auction results
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Childcare in the crosshairs amid mixed auction results
Investors were both hot and cold at the latest Burgess Rawson investment portfolio auctions, with some assets keenly contested but others yet to find new owners. About $80 million worth of commercial property sold across two days …
Gold Coast mayor backs new $600m amusement park
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Gold Coast mayor backs new $600m amusement park
The powerful mayor of the Gold Coast, Tom Tate, is backing the development of a $600 million theme park to be built by one of the world’s biggest operators in southeast Queensland. This article originally appeared on theaustralian.com.au/property.
‘Small Luxury Hotel of the World’ for sale in Victoria
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‘Small Luxury Hotel of the World’ for sale in Victoria
A popular Hepburn Springs guesthouse honoured as a Small Luxury Hotels of the World and named after Australia’s fourth governor-general has hit the market.
Coca-Cola pops lid on $156m Brisbane sale
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Coca-Cola pops lid on $156m Brisbane sale
Listed beverages company Coca-Cola Amatil has cashed in on the industrial property boom by selling a major Brisbane facility to fund manager Charter Hall Group for $156 million and will reap a $100m pre-tax profit on the deal. This article originally appeared on theaustralian.com.au/property.
Water park, new rides part of $50m Gumbuya Park boost
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Water park, new rides part of $50m Gumbuya Park boost
Popular but ageing family fun park Gumbuya Park will receive a $50 million facelift in a bid to make it one of Victoria’s best tourist attractions. The Tynong facility, which has operated for nearly 40 years, will be …
Price right for Tweed Heads car dealership
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Price right for Tweed Heads car dealership
A huge Tweed Heads car dealership with four marques under its roof has sold for $11.2 million, after attracting big interest from major investor groups. The dealership, leased to Sharp Motor Group, was once operated …
Iris Capital forges ahead with 500-unit Newcastle complex
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Iris Capital forges ahead with 500-unit Newcastle complex
Sydney hotel owner and developer Iris Capital is pushing ahead with its apartment project in Newcastle, lodging a development application last week after a consultation process with Newcastle Council. This article originally appeared on theaustralian.com.au/property.
Investors zero in on Geelong childcare centres
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Investors zero in on Geelong childcare centres
Thanks to the “set and forget” nature of childcare investments, and long leases, savvy investors have a growing appetite for sites around the country.
Brothels big business on commercial market
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Brothels big business on commercial market
For an sometimes maligned investment class, brothels are doing big business on the commercial property market.
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