Retail

Service stations and an Officeworks are expected to attract strong investor interest in an $86 million portfolio auction.

While a comparison of property yields to the 10-year bond rate is a popular way to decide whether commercial property is too expensive, an analysis shows the sector is still some way off this point.

A Centrelink office, waterfront pub and neighbouring oceanfront homes that may make way for apartments are among a diverse range of commercial properties featuring in this week’s most popular realcommercial.com.au listings.

The Parkville Store site — in continual business for more than a century — is accordingly a local icon.

A fuel and service centre at the gateway to Torquay has earned a massive yield at a hotly contested portfolio auction.

Retail landlord Aventus has defied the gloom in the shopping centre sector as customers go on a spree in its large format centres to spruce up their homes.

The popular Bunnings chain is set to add an epic new store to its network, and it will be one state’s first three-storey hardware shop.

Local Westfield owner the Scentre Group has plunged to a $3.73bn loss after the coronavirus pandemic ripped through its portfolio, which was written down by $4.25bn amid a shift away from malls.

First-time investors keen to get into the commercial property market are chasing entry-level opportunities in the first big portfolio auctions of the year.