MARKET MOVES CONT'D QLD DESCRIPTION
VENDOR/ PURCHASER AGENCY
SALE $
DAKL Group has acquired a rare corner Woolloongabba PDA development site at 891–897 Stanley Street East, East Brisbane for $9.35 million, with holding income and 15-storey potential (STCA). The 1,772sqm property was sold by long-term owner-occupier GW Homes, with CBRE’s Nick Wedge and Will Carman managing the transaction. The buyer has also secured the neighbouring property to expand the combined footprint to 2,617sqm, positioning the site for a future residential outcome in one of Brisbane’s most tightly held inner-south precincts. A News Corp–leased printing facility at 54 Pioneer Road, Yandina has sold for $27 million, marking the largest industrial transaction ever recorded on the Sunshine Coast. The asset was acquired by Rethink Capital and sold by WOTSO after 19 years of ownership, the sale was negotiated by Colliers’ Nick Dowling and Simon Beirne. Fully leased to News Corp through to 2036, the 22,960sqm site includes a purpose-built 9,100sqm facility and offers future development upside, setting a new benchmark for the region’s industrial market. A 30-hectare landholding at 1 Rifle Range Road and 25 Hotham Creek Road, Pimpama has sold for $8 million, highlighting continued demand across the Northern Gold Coast growth corridor. The site was marketed by Bromley Real Estate’s Ben Armstrong, Mumtaz Saleem and John Barter on behalf of a deceased estate. Bordered by established housing, the M1 and Pimpama State School, the property holds approval for nine lots and sits close to the new Pimpama train station. Strong interest came from developers and long-term investors eyeing future urban footprint potential. Charter Hall has acquired Whitsunday Plaza in Airlie Beach and Gympie Central on the Sunshine Coast as part of a $250.3 million sub-regional retail portfolio purchase from Vicinity Centres. The off-market campaign was exclusively managed by CBRE’s Simon Rooney. Both centres are anchored by Woolworths and Big W, delivering strong supermarket productivity and fixed annual rental growth. The Queensland assets reinforce continued demand for dominant, non- discretionary retail centres in high-growth regional catchments. A 39-lot ready-built subdivision at 169–187 Teviot Road, Greenbank has sold for $15.075 million to national developer Metro following a competitive EOI campaign that generated 170 enquiries and 19 offers. The 2.0ha site, with roads and services complete, will deliver at least 39 new homes to market in Brisbane’s high-growth Logan corridor. The sale was managed by Colliers’ Adam Rubie and Troy Linnane on behalf of Fort Restructuring as Agent for Mortgagee in Possession, underscoring strong demand for development-ready housing projects across South East Queensland. Colliers has secured a $5.5 million off-market sale of Happy Tots Early Learning Centre at 135 Keats Street, Moorooka. The transaction was handled by Tony Wang, Sam Quintner and Heath Wakeham. The near-new, 75-place centre sold for $73,333 per licensed place, ranking among Queensland’s stronger childcare results this year. Completed in 2021 on a 1,109 sqm site, the asset was sold with both the freehold and business to a private Brisbane operator, reflecting continued demand for modern childcare investments in middle-ring suburbs. POA has acquired 221–229 Sturt Street, Townsville for $2.3 million plus GST, with plans to convert the vacant CBD building into its Townsville headquarters. The off-market sale was negotiated by Knight Frank’s Dan Place and Mark Fitzgerald.The 975 sqm character office sits on a 1,012sqm site and was previously occupied by SafetyCulture. POA’s move will bring more than 40 staff into the city centre, supporting ongoing revitalisation of the Townsville CBD. A 7-Eleven anchored convenience centre and adjoining residential property in Ningi has sold for a combined $8.7 million, with the retail centre achieving $7.7 million and the neighbouring house $1 million.The prominent corner site spans 10,886sqm with 258 metres of road frontage and exposure to more than 175,000 vehicles per week. The sale was negotiated by CBRE’s Josh Scapolan and Tom Lawrence, with Brisbane-based developer Griffith Group securing the asset for its secure national tenancy and future development potential.
891–897 Stanley Street East, East Brisbane
V: GW Homes P: Private Investor
CBRE’s Nick Wedge and Will Carman
$9.35 million
Colliers’ Nick Dowling and Simon Beirne.
V: WOTSO P: Rethink Capital
54 Pioneer Road, Yandina
$27 million
1 Rifle Range Road and 25 Hotham Creek Road, Pimpama
Bromley Real Estate’s Ben Armstrong, Mumtaz Saleem and John Barter
$8 Million
P: Private Investor
part of $250.3 million portfolio
AIRLIE BEACH & GYMPIE
P: Charter Hall
CBRE’s Simon Rooney
169–187 Teviot Road, Greenbank
Colliers’ Adam Rubie and Troy Linnane
$15.075 million
P: Private Investor
135 Keats Street, Moorooka
Tony Wang, Sam Quintner and Heath Wakeham
$5.5 million
P: Private Investor
221–229 Sturt Street, Townsville
Knight Frank’s Dan Place and Mark Fitzgerald.
$2.3 million
P: Private Investor
CBRE’s Josh Scapolan and Tom Lawrence
$8.7 million
NINGI
P: Private Investor
28 – March / April 2026
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