Regional Commercial Property News

Confused about why this Rubik’s Cube-shaped building is being built smack bang in the middle of a winery?

Demand for Australian retail assets continues unabated, with a Sydney investor paying $13.2 million to secure a Big W-anchored shopping centre at Cessnock in regional New South Wales.

Cast your commercial property radar beyond the capital cities and there are bargains to be found, with sumptuous investment yields approaching 10%.

Investors who’ve waited patiently for another Bunnings Warehouse to hit the market need not wait any longer, with a South Australian asset leased to the hardware giant the first to be listed in 2017.

Japanese development giant Seki­sui House is forging ahead with $3.7 billion of works in southeast Queensland, including its controversial Brisbane and Sunshine Coast developments. This article originally appeared on theaustralian.com.au/property.

Tourism investors or operators can buy more than 90% of picturesque Fraser Island’s accommodation in one hit, with two resorts put up for sale as part of a larger package.

Discount supermarket chain Aldi will unleash a deluge of new stores across South Australia and Western Australia in 2017, as its immediate expansion plans were revealed.

Dubai-based Syrian billionaire Ghassan Aboud is planning a third $100 million Cairns hotel development, snapping up the Bellview Motel and Backpackers and an office block. This article originally appeared on theaustralian.com.au/property.

The international joint venture led by gaming company Star Entertainment has finalised its purchase of the Gold Coast’s Sheraton Mirage in a $140 million play. This article originally appeared on theaustralian.com.au/property.