Regional Commercial Property News

Malaysian investment giant Mulpha International has struck its first local hotel acquisition in years, buying The Rydges Esplanade Cairns hotel in a $41 million deal. This article originally appeared on theaustralian.com.au/property.

A new Bunnings Warehouse still months away from being completed in regional Victoria will be the first Bunnings to be owned by a Chinese investor, after selling on a record yield.

A prime 2.96ha waterfront development site in the heart of Townsville’s Breakwater Marina and near the Townsville Entertainment and Convention Centre has been placed on the market.

Seniors living and aged care is tipped to become an increasingly hot sector in South East Queensland, with industry commentators predicting a boom in vertical ‘apartment-style’ aged care villages integrated with allied care.

Commercial property yields of more than 10% have been almost unheard of this year, but a spa retreat near Mount Hotham in the Victorian snowfields could be about to enter rare territory.

The Gold Coast Airport has swooped to buy a neighbouring tract of land that was once the Tweed Heads Drive-In.

One of Townsville’s most popular pubs has been listed for sale in a move that is expected to attract interest from investors looking to secure a presence in North Queensland’s hospitality industry.

A prime beachside development site at Palm Beach on the Gold Coast is on the market for the first time in more than 30 years.

Care to guess Victoria and New South Wales’ most searched-for non-CBD commercial property locations? The results might surprise you.