Issue 29 | The Property Development Review

The Property Development Review





Major convenience-based sub-regional shopping centre with GLA of 45,304sqm P: YFG Shopping Centres

$267 million (off-market)

Brisbane’s Strathpine Centre

CBRE’s Simon Rooney

West Village is a large mixed-use urban regeneration project, expanding over 2.6 hectares and is being developed by Sekisui House 215 Ha landholding zoned Urban Living projected to be able to suit circa 2,257 dwellings 13,892sqm subregional centre sold fully leased and above book value 50% share in 126-Ha project that will see close to 12,000 dwellings, 44,000sqm of retail and 58,000sqm of offices A 10-storey B-grade office sold with about 66% occupancy of the 7,606sqm NLA

The retail component of West Village in Brisbane

P: A partnership between GIC and Centuria Capital Group

JLL’s Sam Hatcher, Nick Willis and Jacob Swan

$202 million (off-market)

"Biggin & Scott Land’s Andrew Egan with Ray White’s Tony Williams, Mark Creevy and Andrew Burke

V: Peet Limited P: Frasers Property Australia

A housing estate site in New Beith

$80 million

V: Stockland and AMP Capital P: A syndicate

Coles Kmart Plaza in Townsville

$47.25 million


$3.4 billion Flagstone City development in Brisbane’s south

P: Peet Limited

$46.15 million


V: Sentinel P: Forza Capital

200 Creek Street, Brisbane

$41 million


V: Silverstone Developments P: A private Melbourne investor

Ray White Special Projects’ Andrew Burke and Morrison Projects Consulting’s Richard Morrison

215 Wharf Street, Spring Hill

Fully-leased 1,333sqm, three-storey building

$8.1 million

The neighbourhood shopping centre, anchored by a SUPA IGA and 11 specialties, was sold fully-leased

Ray White Commercial’s Michael Feltoe and Lachlan O’Keeffe

$7.75 million (off-market)

Mountain View Marketplace in Kirwan, Townsville

P: A Victorian investor

Ray White Commercial’s Lachlan O’Keeffe and Michael Feltoe

$7.2 million

The Russell Island Shopping Centre 1,943sqm building on a 5,950sqm site is fully- leased to seven tenants

P: A Queensland investor





V: Abu Dhabi Investment Authority P: Allianz Real Estate Investors and the National Pension Service of Korea V: CapitaLand Integrated Commercial Trust P: Nuveen and Singapore listed

1-25 Harbour Street, Darling Harbour, and presents 61,000sqm of GFA across two buildings

50% share (25% each) of the Darling Quarter complex

CBRE’s Flint Davidson, Stuart McCann and James Parry

$630 million

Colliers’ Adam Woodward, Lachlan MacGillivray and James Barber together with Knight Frank’s Ben Schubert and Tyler Talbot CBRE’s James Parry and Flint Davidson in conjunction with Cushman & Wakefield’s Josh Cullen and Mark Hansen

A 50% share of North Sydney’s Greenwood Plaza

Includes a 28-storey neighbouring office at 101-103 Miller Street

$422 million

13 level, A-Grade office tower on a 1,040sqm site

V: AEW P: Shayher Group

10 Barrack Street, Sydney

$199 million

16,500 Ha north-west NSW portfolio of land

The land once earmarked for a coal mine

V: P: 12 local farming families CBRE’s David Goodfellow

$120 million

six-level office building with site area of 2,359sqm and NLA of 8,450sqm and 91 car bays 4.91 Ha land area is planned to play host to a logistics focused business park with construction to occur in stages over the next five years.

V: A consortium P: Stadia Capital

41 McLaren Street, North Sydney

$80 million +

Colliers’ Jon Chomley and Harry Bui

24 and 30-40 Alfred Street, Chipping Norton

$60.5 million (off-market)

P: Aliro

LJ Hooker Commercial’s Ryan Jennings

Colliers’ John McCann and James Barber with Knight Frank’s Wally Scales and Graeme Russell

Fully leased eight-storey property with 6,759sqm of B-grade NLA and 101 car parks V: Australian Unity

32 Phillip Street, Parramatta

$56 million

Woolworths-anchored property in Schofields

1.2 Ha modern complex

P: Firmus Capital

$37.5 million

Colliers’s James Wilson and Harry Bui

A fully leased large-format retail centre on a four-hectare site

V: Home Consortium P: Argus Kaipara Fund 2

Wagga Wagga


$25 million

V: LBP Developments Pty Ltd P: A private developer

Colliers’ Trent Gallagher and Angus Urquhart

21 Marigold Street, Reversby

A prime 10,416sqm development site

$16.3 million

Northside Hotel in Albury’s Lavington

The hotel rises two floors with a bar, bistro, beer garden and 12 accommodation suites The waterfront pub was last sold in 2005 for $6.9 million Offered with plans for a new multi-story building with a “Piet Mondrian” inspired artistry/architectural design 804sqm property is approved for a 63 place childcare centre Development approval for a 68-place childcare centre 691sqm site can accommodate a circa 500sqm, freestanding industrial building

HTL Property’s Blake Edwards

$16.2 million

P: Harvest Hotels

V: Down the Booza Pty Ltd P: Bill Drakopoulos

HTL Property’s Dan Dragicevich and Blake Edwards

The Budgewoi Coast Hotel

$15 million

$13 million

257-259 Broadway, Glebe

P: Private

Deans Property

Ray White Commercial’s Joseph Assaf and Jai Sethi Ray White Commercial’s Joseph Assaf and Jai Sethi

$5.325 million

65 Moxhams Road, Northmead

P: An owner-operator

$4.5 million

724 Victoria Road, Ermington

P: A local investor

P: A local civil construction company

$3.25 million

14 Fisher Street, Silverwater

CBRE’s Robert Dowdy


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