Neighbourhood shopping centre in Queensland sells for $86 million
Park Ridge Town Centre, a neighbourhood shopping centre anchored by both Woolworths and Coles, has sold to a private investor for $86 million. RG Property purchased the centre as a...
Ormeau Village sells for $37 million
Continuing a strong run of neighbourhood shopping centre transactions in Queensland, Ormeau Village, located on the northern Gold Coast, has sold for $37 million on a tight passing yield of 5.3%....
Coles anchored neighbourhood shopping centre hits the market
Casuarina Village neighbourhood shopping centre on the Tweed Coast, in northern New South Wales has been placed on the market for sale. Savills’ Peter Tyson and Jon Tyson have been appointed to...
Coles Group to sell Ormeau Village Shopping Centre
The recently developed Ormeau Village Shopping Centre is offered for sale for the first time by Savills’ Peter Tyson and Jon Tyson on behalf of Coles Group Property Developments. The...
Highfields Plaza sells for $16.3m in off-market deal
Highfields Plaza, located near Toowoomba, has sold for $16.3 million in an off-market transaction, adding further to strong buyer activity for neighbourhood centres. Savills’ Peter Tyson and Jon Tyson handled...
Benowa Gardens sells for $60.5 million
Continuing a strong run of retail transactions in Queensland, the Benowa Gardens shopping centre, located on the Gold Coast, has sold for $60.5 million, reflecting a passing yield of 4.99%....
Bunnings properties attract strong investor demand
More than $412 million in freestanding Bunnings Warehouse investments have transacted in 2021 year-to-date, across 11 assets. The strong level of purchaser competition continues to highlight the increased depth of...
Kallangur Fair sells for $22.45 million
In yet another example of the market’s attraction to neighbourhood shopping centres, the Kallangur Fair Shopping Centre in Brisbane’s outer northern suburb of Kallangur has transacted for $22.45 million. Savills’...
SCA buys Toowoomba’s Drayton Central for $34 million
The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34 million. The transaction is SCA’s third Queensland acquisition in...
SCA Property Group acquires Mt Isa Village
SCA Property Group has acquired Mount Isa Village shopping centre for $44.2 million. The transaction was jointly managed by Savills Australia with JLL on behalf of ISPT. Located 900km from...
Primewest snares large format retail Centre for $66m
In a hotly contested process, a fund managed by Primewest has fought off a deep pool of cashed-up investors to purchase the Robina Home + Life large format retail centre...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox