FEBRUARY 2026
AGRITOURISM: THE COMMERCIAL PROPERTY OPPORTUNITY INVESTORS ARE MISSING
WA COMMERCIAL PROPERTY FINDS ITS STRIDE AS 2025-26 MOMENTUM BUILDS
MAJOR TUGUN SITE SELLES FOR $14.5 MILLION
Welcome to the February edition of Portfolio Magazine
James Linacre Head of Commercial RWC Australia and New Zealand
Hello and welcome to the February edition of Portfolio Magazine.
As the commercial property market moves into a more selective phase in 2026, some of the most compelling opportunities are emerging outside the traditional institutional focus on core office, major retail and large scale logistics.
Alternative commercial assets such as healthcare, childcare, specialised logistics, hospitality and mixed use formats are attracting a growing cohort of private buyers. These investors sit between traditional mum and dad ownership and fully structured syndicates. They are experienced, well capitalised and increasingly active across the country.
These assets are often smaller and more complex than institutional grade stock. That does not make them unsuitable for institutional capital, but it does mean they tend to favour investors who can assess opportunities on their individual merits rather than through broader portfolio filters.
Private capital in this part of the market benefits from speed and clarity of decision making. Investment decisions are made by principals, supported by focused and commercial due diligence. When opportunities are time sensitive or bespoke, the ability to move with confidence matters.
Value in alternative commercial property is rarely passive. It is usually created through leasing, repositioning or closer engagement with operators. This suits investors who are comfortable being involved in
their assets and who understand how income is generated and sustained.
We saw this clearly through our 2025 End of Year Auction Showcase. A meaningful share of buyer activity came from private investors targeting alternative and particularly value add assets. These buyers were prepared, informed and decisive, often competing confidently alongside larger capital for the same opportunities.
Local understanding remains critical. The performance of these assets is closely linked to catchment dynamics, tenant demand and planning nuance. Investors who are close to their markets tend to recognise these shifts earlier and act accordingly. They can also often live with some of the perceived risks that an investor further away from that market traditionally can not.
As the market continues to evolve, institutions and private investors will continue to play complementary roles. For this emerging cohort of private capital, the balance of experience, involvement and agility is proving effective.
In 2026, that nimble and adaptive transaction style will likely continue to matter even more.
Enjoy the selection of stock we have prepared in the pages ahead, fresh to market from our international network.
Quick jump to a region
Major Tugun development site adjacent to hospital sells for $14.5 million
A major development site adjoining John Flynn Private Hospital on the southern Gold Coast has been sold for $14.5 million following a highly competitive expressions of interest campaign.
The 1.484-hectare* site at 8-16 Admiral Crescent, Tugun was sold on behalf of Philip Usher Constructions to a locally based private development group, which is understood to be planning to convert the existing approval into a townhouse development.
The sale was exclusively managed by Ray White Special Projects Queensland, with Matthew Fritzsche, Mark Creevey and Tony Williams handling the transaction.
The campaign generated strong buyer interest, attracting 89 enquiries and multiple offers from both local and interstate groups.
Matthew Fritzsche of Ray White Special Projects said the level of competition reflected the strength of the southern Gold Coast development market and the rarity of sites of this scale and location.
“This was one of the most competitive campaigns we’ve run on the southern Gold Coast, with strong interest from a broad range of buyer profiles,” Mr Fritzsche said.
“The site appealed to groups looking to deliver aged care under the current approval, as well as those exploring alternative outcomes such as townhouses or apartments, given the underlying zoning and proximity to critical health infrastructure and Gold Coast beaches.”
Mark Creevey said the continued performance of the southern Gold Coast apartment and mediumdensity market was a key driver of buyer demand.
“The southern Gold Coast apartment market continues to perform strongly, and that was clearly evidenced throughout this campaign,” Mr Creevey said. “Buyers were drawn to the combination of scale, flexible planning outcomes and the site’s immediate adjacency to John Flynn Private Hospital.”
Tony Williams added that the site’s strategic location near health, transport and lifestyle amenities significantly broadened its appeal.
“Opportunities like this, next to a major hospital and within minutes of the beach, airport and motorway access, are exceptionally tightly held,” Mr Williams said.
“That combination supported a very competitive process and an outstanding result for our client.”
Rare pharmaceutical manufacturing facility trades for $21.5 million in Balcatta
A highly specialised pharmaceutical manufacturing facility in Balcatta has been successfully sold for $21.5 million, underscoring strong investor appetite for rare, healthcare-linked industrial assets in Western Australia.
The transaction was managed by Franz Stapelberg and Nicolas Milner of RWC Medical, in conjunction with Tom Jones of RWC WA, on behalf of Orion Laboratories, with the asset acquired by AGEM Property Group following a competitive Expressions of Interest campaign.
The property is regarded as one of Perth’s largest and most sought-after pharmaceutical manufacturing facilities, located within the tightly held Balcatta industrial precinct, approximately 10 kilometres north of the Perth CBD. The 8,594sqm freehold site is fully leased to a well-established pharmaceutical operator with a 40year operating history and benefits from TGA and GMP approvals, making it one of only a handful of such facilities nationally.
According to RWC Medical’s Franz Stapelberg, the sale represented a rare opportunity for the broader investment market.
“Facilities of this nature rarely come to the open market,” Mr Stapelberg said. “More often, assets with genuine pharmaceutical manufacturing credentials transact quietly offmarket between sophisticated
capital groups and industry players. Bringing this one to an open EOI process was a standout opportunity for the market.”
The campaign generated 227 qualified enquiries, which translated into 13 inspections and ultimately 11 formal offers, highlighting the depth of demand for specialised industrial assets with strong tenant covenants.
RWC Medical’s Nicolas Milner said the campaign also served an important educational role for buyers.
“This campaign presented a fantastic opportunity to educate the market on an asset type that is seldom seen in an open process,” Mr Milner said. “For many buyers, it was the first time they’d had the chance to assess a purposebuilt pharmaceutical facility of this calibre.”
“The competitiveness we achieved was cultivated by the 13 parties who inspected the property and fully understood the depth of
what was being offered in the transaction, ultimately creating genuine competitive tension and a clean outcome.”
Mr Milner added that assets of this nature offer compelling diversification benefits.
“Specialised healthcare-industrial assets like this can provide investors with meaningful portfolio diversification, offering a blend of industrial fundamentals and the resilience of healthcare-linked demand.”
Tom Jones of RWC WA said the breadth of buyer interest was a standout feature of the campaign.
“We saw interest from local, national and international capital, ranging from private investors through to fund management groups and family offices,” Mr Jones said. “That breadth is a clear testament to demand for highquality, specialised investments that are difficult to replicate, particularly in land-constrained industrial markets like Balcatta.”
Competitive bidding defines RWC’s latest auction showcase
RWC has wrapped up its twiceyearly Auction Showcase with strong results across the country, reinforcing the depth of demand for quality commercial property and the continued effectiveness of the auction process.
Held throughout November and December, the showcase featured 116 commercial properties scheduled for auction nationwide, achieving a preliminary clearance rate of 70.6 per cent.
On average, auctions attracted 4.1 registered bidders, coming in marginally under the national residential average of 4.3 bidders per auction over the same period. The figure highlights the strength of buyer engagement within the commercial sector, particularly at a time when investors are becoming increasingly selective.
According to RWC data, local buyers continued to dominate the market, accounting for 78 per cent of successful purchasers. Interstate
buyers made up 12 per cent, while international buyers represented a further 10 per cent. In terms of buyer profile, 62 per cent were investors, 34 per cent were owner occupiers, and 4 per cent were unclassified.
Head of commercial at RWC, James Linacre, said the results reflected a broad and growing appetite for commercial property from buyers at all levels.
“There is a huge interest from many ‘mum and dad’ investors in commercial property, as well as more experienced property investors, owner occupiers wanting to set up their businesses for the future, and so many other buyers who are turning to commercial property,” Mr Linacre said.
“The calibre of properties across our showcase was phenomenal.”
Western Sydney emerged as one of the most active regions nationally, with RWC Western Sydney scheduling the highest number of auctions during the showcase period, totalling 15 campaigns from the one office alone.
Across the country, a number of standout transactions were recorded under the hammer, demonstrating strong competition and confidence in well-located commercial assets.
In Far North Queensland, a prominent retail investment at Mossman, QLD was sold under the hammer for $7 million following competitive bidding. The property attracted three registered bidders, all of whom were active during the auction. The campaign was
handled by Lachlan O’Keeffe and Michael Feltoe of RWC Retail.
Western Sydney also delivered a major result in Ashcroft, NSW, where a surplus government land site sold under the hammer for $7 million. The auction drew five registered bidders, with three actively competing. The sale was managed by Peter Vines and Victor Sheu of RWC Western Sydney.
Another strong Queensland outcome was achieved in Jindalee, QLD, where a retail property sold for $6.35 million under the hammer. Five registered bidders took part, with three active participants driving the final result. The campaign was led by Lachlan O’Keeffe and Michael Feltoe of RWC Retail, continuing a strong run for the team.
In northern New South Wales, a Tweed Heads development site sold for $6.08 million under the hammer after attracting four registered bidders, three of whom were active. The sale was managed collaboratively by Peter Vines from RWC Western Sydney and Matthew Fritzsche from Ray White Special Projects.
South Australia also recorded many notable auctions with huge bidder numbers. An industrial warehouse in Salisbury North, SA sold under the hammer for $5.33 million. The auction attracted nine registered bidders and five active participants, underlining the depth of demand for well-located industrial stock. The sale was handled by Harry Einarson, Oliver Totani and Connor Melville of RWC Adelaide.
AGRITOURISM: The commercial property opportunity investors are missing
VANESSA RADER Ray White Head of Research
Western Australia’s commercial real estate sector is stepping into a period of renewed confidence, according to the latest Between the Lines webinar featuring Vanessa Rader, head of research and Brett Wilkins, head of capital transactions at RWC WA.
While investors chase yields in traditional hotel and retail assets, a $20.3 billion sector is quietly delivering some of the strongest fundamentals in Australian tourism, and it’s largely flying under the radar.
Agritourism, encompassing everything from winery visits and farm stays to food markets and Indigenous food experiences, now accounts for 14 per cent of total tourism spending in Australia. More importantly, the visitors engaging with these experiences are spending significantly more and staying longer than average travellers, creating compelling opportunities for commercial property investors willing to look beyond the major capitals.
The numbers tell a striking story. International visitors participating in agritourism activities spend an average $3,894 per trip compared to $2,044 for the average international traveller. Domestic overnight visitors engaging with agritourism spend $863 per trip, nearly double the $462 average. These aren’t marginal differences, they represent a fundamentally different visitor profile with higher disposable income and stronger spending intent.
The sector recorded 18.5 million trips in 2024, up 2 per cent on the previous year, with international trips involving agritourism surging 15 per cent. More significantly, nights on trips involving agritourism grew 10 per cent, well ahead of overall travel night growth of 5 per cent. International spend on agritourism trips jumped 22 per cent to $5.6 billion, outpacing overall international spend growth of 19 per cent.
What makes this particularly relevant for commercial property is the geographic distribution. Three in four trips involving agritourism visit regional Australia, compared to just three in five overall trips. This isn’t tourism concentrated in Sydney and Melbourne CBDs, it’s driving demand for accommodation, restaurants, cellar doors, retail and event spaces across regional markets from the Barossa Valley to Margaret River, the Hunter Valley to the Yarra Ranges, and coastal hinterlands like Byron Bay’s Northern Rivers region.
The Northern Rivers area exemplifies the opportunity, with its mix of regenerative farms, subtropical produce and proximity to Byron Bay’s premium coastal market. Discount airfares to Ballina have made the region increasingly accessible, while luxury farm stays and bed and breakfast operations command premium rates from visitors seeking authentic food experiences alongside beach access. Similar dynamics are playing out in coastal regions like the Mornington Peninsula, South Coast NSW and Margaret River, where agricultural experiences complement beach destinations.
wine regions position the country well to capture this demand.
The property types benefiting from agritourism extend well beyond traditional hotels. Premium rural properties are being converted into luxury bed and breakfast operations or high-end farm stays, often achieving occupancy rates and nightly tariffs that rival boutique city hotels. Cellar doors, distilleries and farm gates require purpose-built or converted agricultural buildings. Restaurants emphasising local produce are proliferating across regional areas, while boutique accommodation ranging from working farm stays to architect-designed rural retreats continues expanding.
South Australia demonstrates the sector’s regional impact most clearly. The state accounts for 12 per cent of agritourism trips despite representing just 6.5 per cent of total trips to Australia. Western Australia shows a similar pattern, capturing 14 per cent of agritourism trips against 9.5 per cent of overall trips. These states have leveraged their wine regions and agricultural offerings to punch well above their weight in attracting high-value visitors.
The visitor profile is notably diverse. Adult couples represent the highest spending segment, but families and friendship groups show strong engagement with higher than average spend per night. Business events attendees who incorporate agritourism activities spend $2,610 per trip compared to $1,368 for average business travellers, and stay almost three times longer at 9.7 nights versus 3.5 nights. This creates obvious opportunities for function centres, conference facilities and corporate retreat venues in wine regions and agricultural areas.
International demand provides another growth lever. The United Kingdom, China and United States account for one in three agritourism trips and contributed $1.8 billion in spending during 2024. Tourism Australia’s research shows 84 per cent of global travellers express interest in agritourism experiences on future international trips, rising to 91 per cent among luxury travellers and 88 per cent among high-yield visitors. Australia’s diverse agricultural landscape and established
Improved access has been crucial to this growth. Discount airfares to regional airports like Ballina, Launceston and Busselton have opened up previously difficult-to-reach destinations, making weekend farm stays and food tourism viable for capital city residents. This improved connectivity, combined with the workfrom-anywhere trend, has supported both tourism and permanent population growth in premium regional areas with strong agritourism offerings.
Tourism Research Australia data shows agritourism visitors engage in more activities than average travellers, they eat out more, sightsee more, spend more time in nature and shop more. Each of these behaviours creates demand for commercial property and supporting infrastructure in regional locations that traditionally struggled to attract consistent visitor flows outside peak seasons.
The sector faces challenges, primarily around fragmentation and the capital required to develop quality facilities in regional locations where traditional bank financing can be difficult to secure. However, the combination of high-spending visitors, strong growth trajectory, geographic diversification and alignment with consumer trends toward authentic experiences and sustainability creates a compelling case for investors prepared to move beyond conventional asset classes.
As traditional commercial property sectors navigate oversupply in offices and changing retail dynamics, agritourism offers exposure to a growing sector with demonstrated resilience, premium pricing power and visitors who spend more and stay longer than average. For investors willing to embrace regional markets and non-traditional property types, the opportunity is substantial and largely untapped.
WA commercial property finds its stride as 2025-26 momentum builds
Western Australia’s commercial real estate sector is stepping into a period of renewed confidence, according to the latest Between the Lines webinar featuring Vanessa Rader, head of research and Brett Wilkins, head of capital transactions at RWC WA.
Across almost every asset class; office, retail, industrial, alternatives and housing; the pair described a state energised by economic strength, investor attention, and low supply, while still navigating longer due-diligence periods and the realities of development costs.
Ms Rader opened the discussion by noting the shift nationally: “It’s been a big year for capital markets around the country. Volumes have started to tick up again.” With that, she turned to WA specifically: “Let’s unpack what’s happening here because it’s one of the most interesting markets to watch.”
OFFICE: A COUNTERCYCLICAL OUTSIDER TURNING INTO A FAVOURITE
If there was a surprise star of the hour, it was the office market - particularly in the Perth CBD.
Mr Wilkins didn’t mince words: “Offices are the great countercyclical play.” He explained that several funds have recently looked to offload CBD offices as sentiment begins to turn, opening the door for opportunistic capital. “They can see there’s now a market for it,” he said.
Despite this, the road has been bumpy. “There have been some large transactions in Perth in the last month or two that have failed due diligence, mainly valuation and financing,” Mr Wilkins said. Yet this, he suggested, is part of the broader transition phase for the asset class.
International interest is playing a key role. “There is increased and refreshed interest out of Singapore, especially for office - if they can purchase right,” he said.
Ms Rader confirmed this trend is consistent nationwide. “Across the country, due diligence periods are stretching out,” she noted. “WA certainly has a lot of interest from the Asian market, and in Perth you’ve had pretty strong supply coming to market. I think we’ll see net absorption continue robustly.”
Underlying dynamics paint a compelling picture. Several large corporate occupiers are currently in the market for new headquarters, and development feasibility is creating upward pressure on rents. “The economic rents required for any new development are pushing up to $1,000 per square metre,” Mr Wilkins said. “Office rents in Perth can only go one way.”
Despite the sector’s well-documented challenges, he emphasised that “the office market has suffered more than any other asset class - but therein lies the opportunity.”
Ms Rader summarised the sentiment: “For 2026, keep an eye on the Perth office market.”
RETAIL: THE MARKET DARLING WITH NO SIGNS OF SLOWING
Retail, meanwhile, has stepped unexpectedly into the spotlight. “Retail has come out as the darling of the property market lately,” Ms Rader said. “The requirement for retail just continues, and it covers such a broad spectrum. At the start of the year, we saw some chunky retail assets sell, and neighbourhood centres have performed extremely well.”
Mr Wilkins illustrated just how fierce demand has become. “We just sold the Kinross Shopping Centre on a 6.2 per cent yield,” he said. “We had over 125 enquiries. It sold to a Sydney private investor, and it was his third acquisition in Perth.”
He added that enquiry from the eastern states into Perth’s commercial market “is just getting stronger and stronger.” Many are specifically targeting assets around the $5 million mark, where competition is intense.
Large-format retail - a category investors have been aggressively chasing - remains elusive.
“They’re pretty rare and unique to come across,” Wilkins said. Rader added that WA’s strong residential market only bolsters demand for this format.
INDUSTRIAL: STILL A POWERHOUSE, BUT SELLERS ARE DIGGING IN
Australia’s industrial market has been the strongest performer for several years, though momentum is evolving.
Ms Rader explained: “Industrial across the country has been the most exciting asset class. Vacancies did pick up a bit, so that huge rental growth we saw has dissipated slightly.”
The biggest barrier? Land supply. “If you’re trying to find zoned, serviced, suitable land, there’s really not a whole lot of options,” she said. “And with construction costs being what they are, people are really holding on to their industrial assets.”
Mr Wilkins agreed: “Nobody wants to sell their industrial assets at the moment, and why would you?” While yields have come in slightly from peak levels, he said demand is still “super strong- not out of control like it was, but very strong.”
WA’s unique buyer mix is adding momentum. “In Perth, we’ve seen really competitive buying from owneroccupiers wanting to secure their futures,” Ms Rader said. “They’re paying very well, and a lot of east-coast buyers can’t compete with them.”
But Mr Wilkins said the gap between owner-occupier expectations and available supply is widening. “Trying to satisfy some of the owner-occupier expectations can be near impossible. Industrial sales are way down simply because most landlords are saying they’re not selling.”
Economic tailwinds are also boosting confidence. “Most of the mining and mineral sectors are still strong,”Mr
ALTERNATIVES: DRIVE-THROUGHS, CHILDCARE, MEDICAL, SERVICE STATIONS AND STORAGE
The alternatives category has turned into one of the most active and varied parts of the WA market.
Quick-service drive-through
Ms Rader said demand is “super strong,” with Wilkins adding that yields are “unbelievably strong” for welllocated sites.
Childcare
Wilkins said. “The rare metal deals being done with the USA are only going to strengthen the economy more. It’s already driving activity.”
BUYERS’ AGENTS: A DAILY PRESENCE IN THE WA MARKET
Buyer activity is relentless in the sub-$5 million space. “Buyers’ agents looking under around $5 million are super strong,” Mr Wilkins said. “Not a day goes by when I don’t have a buyer’s agent asking me what I’ve got.” Ms Rader said this reflects a broader shift: “The buyers’ agent market has really grown, particularly with interstate investors.”
DATA CENTRES: WA RISING AS A NEW NATIONAL PLAYER
With technology infrastructure accelerating, data centres are fast becoming a meaningful property category. “Melbourne is the undisputed data-centre capital,” Ms Rader said, “but WA could be coming up close with the amount of land available.”
Wilkins has already managed several deals adjacent to the sector. “It’s only going to be a growing market,” he said. But there are constraints: “You still need connectivity to power supplies, so you can’t go too regional.” He added that data centres come with a complexity many investors underestimate: “It’s a whole different area when it comes to security. The government is very particular about who has ownership.”
Demand remains high, but buyers are becoming more discerning. “Due diligence around childcare is getting more robust,” Ms Rader said. “It used to be about bigger being better - grand constructions with basement parking. But now smaller and mid-size centres are becoming more popular.”
Medical and healthcare
Mr Wilkins said the asset class is “still pretty strong,” though yields have softened. “It comes back to who the underlying tenant is. Some private hospitals have come off in value a little. But there’s still very good demand overall.”
Service stations
Mr Wilkins remains a believer: “I still love service stations as an asset class. Yields are still attractive. Contamination risks are less of a problem now - the tanks and lines are so much better.” He added that updated legislation provides further protection: “State regulations put the responsibility back on the tenants for contamination issues.”
Ms Rader noted that ESG pressures are rising everywhere. “Environmental and sustainability issues are not going away. Brands are much more conscious about this.” Mr Wilkins agreed: “Global companies take these issues very seriously now.”
Self storage and cold storage
Self storage remains a standout performer. “A lot of people are downsizing, moving, yet they still need to store their stuff,” Mr Wilkins said. “The major players are very active.”
Cold storage is also hot but difficult to deliver. “There’s strong demand but low construction activity,” Mr Wilkins said.
Ms Rader added: “Cold storage technology keeps improving, and demand - from fresh food to pharmaceuticals - is only getting higher with population growth.”
HOUSING: PBSA, BOARDING HOUSES AND UNIT BLOCKS
Housing and quasi-residential asset classes are thriving. Mr Wilkins said demand for PBSA is surging: “There’s been increased demand due to the new Edith Cowan University campus opening next year. All the universities are planning new projects around PBSA.” Blocks of units are also highly sought-after. “We do a couple of these deals a year,” Mr Wilkins said. “Clients strata them or purchase them for short-stay markets. It can be really lucrative; there’s a whole industry around it now.”
Predictions for 2026
Looking ahead, Mr Wilkins sees continuity rather than disruption. “More of the same,” he said. “The WA economy will be really strong. Minerals and the economy more generally are performing well.”
Construction, however, remains a sticking point. “There’s major concern around building shortages for large high-rise towers,” he said. Despite this, he expects strong residential market growth through 2026.
On office, his conviction was clear: “Once you understand the issues, I’m still a big fan of the Perth CBD office market. The work-from-home issue is not the same in Perth as in cities like Melbourne.” Ms Rader agreed, predicting a genuine CBD office revival.
Mr Wilkins wrapped up with measured optimism: “There aren’t many areas I’m concerned about in the Perth market. 2026 will be a year of good activity. Due diligence periods will be longer, but that’s not necessarily a bad thing - it’s more considered.”
QLD
30-50 Warrego Highway, Chinchilla, 4413
Area: 3.23 hectares*
Chinchilla is on the move and we are looking for a developer keen to evolve this site.
Located on the eastern entrance to Chinchilla, beside the well developed Ampol/KFC, this site lends itself to a multitude of opportunities.
One building or a multi-tenanted facility, all options can be explored on 3.23 hectares*.
•Total land size: 3.23Ha*
•'Mixed Use' zoning
•Warrego Highway frontage with additional street access and exposure from Price Street
•Information Memorandum available on request
•Seller is keen to sell ASAP
raywhitecommercial.com
397-429
•Massive 6.95ha site with 50 freehold titles* - rare size and scope in a booming industrial market
•Strategically located in Harristown's established business precinct - a known and trusted industrial hub
•300m* South Street frontage and direct Gore Highway access - unbeatable exposure and logistics connectivity
•Zoned for low and medium-impact industries, allowing a broad mix of industrial uses and flexible development pathways
•Fully serviced with water, sewer, power and stormwater infrastructure in place - ready for immediate action
•Vacant possession - zero delay in taking control and executing your development vision
•Ideal for large-scale subdivision or bespoke industrial projects - maximise yield or create custom solutions
29 Mein Street, Spring Hill, 4000
Prestigious executive office in prime inner-city location
Ideally suited to firms such as legal, financial, consultancy or executive service providers, this property offers a refined professional environment that inspires confidence and sophistication.
The 220sqm* layout provides an efficient yet comfortable working environment and includes:
•Welcoming reception and waiting area
•Boardroom ideal for client meetings
•CEO's office with private amenities
•Utilities / server room with data capacity
•Library or additional professional office
•Main kitchen and bathroom with shower
•4-5 on-site car parks
•Full security system ensuring peace of mind
Freestanding 662m2* building on 940m2* land
High exposure at entry point to Noosa Heads CBD
Secure lease to TH7 Body Labs to 2033 + 5 year option
Net income of $294,586 per annum*
All outgoings recoverable from Lessee (incl. land tax)
Substantial tenant investment in high-quality fitout
Basement car parking for up to 19 cars + secure storage
Prime high exposure position in the heart of Tewantin
Strong, loyal local following plus tourist trade from nearby Noosa
Consistently ranked in TripAdvisor's Top 10 cafés in Noosa region
162m2* internal area + 14m2* sidewalk dining
Turnover $800,000* in the last 12 months
Secure lease in place with the option to extend
Liquor licence can be reinstated (subject to approval)
Sale Contact Agent
RWC Noosa & Sunshine Coast
John Petralia 0414 812 719 john.petralia@raywhite.com
La Fabbrica della Farina, Sunshine Plaza, Maroochydore, 4558
Owner leaving country - must be sold urgently
Established dine-in, takeaway and delivery trade
Full training included | No chef required
Strong brand presence and highly engaged social media audience
Attractive fitout with quality kitchen and baking equipment included
Currently only open for lunch 7 days a week and late night Thursday
Potential to duplicate the concept in other major shopping centres
Sale Contact Agent
RWC
Coast
John Petralia 0414 812 719
john.petralia@raywhite.com
- 15 Year Lease (Expires 31st of December, 2029)
Dual DA Approved Development Site
Property is separated over two titles
Unrivalled
Ability to occupy or develop
Quick
All items approximate*
89-90 Frizzo Access, Goldsborough, 4865
Unique Rural Lifestyle Holding with Event & Commercial Potential
A truly exceptional rural property set amidst the natural beauty of Goldsborough, this expansive 19.79ha holding is thoughtfully developed to support a range of uses. This property is a rare opportunity to set up a versatile retreat, event, or recreational venue.
•Event operators - weddings, conferences, workshops, or community events
•Retreat centres - wellness, educational, or corporate
•Organisations - youth camps, sports clubs, or cultural
•Boutique tourism operators - eco-tourism or farm-stay experiences
•Grazing potential - open paddocks suitable for cattle or other livestock
•Irrigation & water access - licensed water storage
•Diversified income potential - combine farming with events, retreats, or eco-tourism
L3, 1B/7 Bruce Highway, Gordonvale, 4865
Developers Ready Set Go Riverstone Road North
Commercial Land - 2501 sqm
Ray White Commercial Cairns is proud to present Lot 1B within Precinct 1, a premium vacant development opportunity positioned at
The Gateway to Cairns' fastest-growing southern corridor.
Occupying a prime corner location at the intersection of the Bruce Highway (A1) and Riverstone Road (Gillies Highway), this site delivers exceptional exposure, direct highway access, and outstanding flexibility for a wide range of commercial and light industrial outcomes.
Key Highlights
• High-profile corner position at two major arterial roadways
• Situated in the largest residential growth corridor in the region
• Surrounded by national operators including Hungry Jack's, Mobil and Banjo's Lot 1B is ideally suited to owner-occupiers, developers or investors seeking scale, exposure and long-term growth.
Sale 2501 square metre
Contact for Price
RWC Cairns
raywhitecommercial.com
Grant Timmins 0422 534 044
grant.timmins@raywhite.com
Commercial Land - 2923 sqm
The Gateway to Cairns' fastest-growing southern corridor.
Occupying a prime corner location at the intersection of the Bruce Highway (A1) and Riverstone Road (Gillies Highway), this site delivers exceptional exposure, direct highway access, and outstanding flexibility for a wide range of commercial and light industrial outcomes.
Key Highlights
• Vacant land within a master-planned commercial precinct
• High-profile corner position at two major arterial roadways
• Direct Bruce Highway exposure with approved northbound left-in slip lane
• Located 24km south of Cairns CBD
• Situated in the largest residential growth corridor in the region Lot 1C is ideally suited to owner-occupiers, developers or investors seeking scale, exposure and long-term growth.
L3, 1C/7 Bruce Highway, Gordonvale, 4865 Sale 2923 square metre
Grant Timmins 0422 534 044
grant.timmins@raywhite.com
RWC Cairns
27 Scenery Street (Dawson Hwy), Gladstone, 4680
Dawson Highway - Rare offering
Rarely will such an opportunity arise. Positioned on a very high traffic intersection, the building offers the opportunity to invest or occupy.
•664 m2* floor area
•Combination retail, office and workshop tenancies
•1,434m2* site area
•16 onsite car parks
•Vacant possession available Ideal for:
•Amalgamate for single use
•Fast food / drive-thru
•Medical / allied health
•High profile office or showroom
Lots 7, 8 & 9/3018 Surfers Paradise Boulevard,
Of Interest
Closing Friday, 20 February at 4pm
Total N.L.A: 360sqm* (Lots 7, 8 & 9)
Fully tenanted with $230,437* p.a. income
Future pathway for retail use or owner-occupation
Modern quality open office fit-out with on-site parking
Hotel facilities: Gym, pool, secure parking & amenities
Light Rail, beach, dining & entertainment at your door
Properties available either in-one line or individually
Mortgagee Sale - Near Registered Lots
3,893m2* approved child care lot - 125 places
Substantially completed with Infrastructure Charges paid
Directly opposite Woodlinks State Primary School
Duntroon HQ More of What Matters
Duntroon HQ sets a new benchmark for small-format industrial in Brendale. Purpose-built for owner occupiers & investors, this estate delivers more of what matterssmarter layouts, stronger security, superior parking, & long-term value in one of SEQ's tightest-held markets.
•28 units from 94sqm*-448sqm*
•95 car parks across the estate, with generous allocations per unit
•Gated entry, full external CCTV, perimeter fencing
•Wide truck-friendly driveways, container set-down, practical warehouse-to-mezzanine layouts
•Tilt-panel concrete construction, Clarke Constructions delivery partner, industrial-grade mezzanines
•Solar-ready roof access, NBN connectivity, kitchenette and bathroom fit-outs, end-of-trip facilities
•Total area - 306m2
• Ground floor area - 217m2
• First floor area 89m2
• Current net income $65,000 PA approx (outgoings paid by tenant)
• Lease expires mid 2027 (no options)
• Warehouse with viewing windows
• Open plan carpet tiled first floors office
• 5 Metre high roller doors
• Container set down
• 7.5 Metre minimum clearance in warehouse
• Modern amenities including a shower and disability bathroom
• High parking ratio
• Totally secure and offering 24/7 CCTV surveillance and full NBN connectivity
Sale Contact Agent
annabel.salcedo@raywhite.com 9/5-21
Annabel Salcedo 0412 152 799
RWC Springwood
107 Springwood Road, Springwood, 4127
• Total building area - 216m2
• Total land area - 812m2
• Annual net income - $101,270 PA (Outgoings paid by tenant)
• Lease expiry - 31/05/2027 with 2x 3 year option
• Reception area
• 6 Separate offices
• Air-conditioned
• Male and Female plus disabled amenities with shower
• Kitchenette / lunchroom
• Multiple entrances
• 9 Car parks plus 1 disabled
Sale Contact Agent
Aldo Bevacqua 0412 784 977 aldo.bevacqua@raywhite.com
Zane Bevacqua 0400 270 666 zane.bevacqua@raywhite.com
NSW | ACT
Total building area: 1,922 sqm*
Land area: 3,000 sqm*
Rare high power of 1,000 AMPS
Full concrete construction Expressions Of Interest Closing on Wednesday, 4 March 2026 at 3:00pm (AEDT)
Truck & container access via two 6m roller doors
1,030sqm yard for container storage & 14 parking
Samuel Hadgelias 0480 010 341
Marcus Schraag 0431 038 291
SC Liam Regan 0488 542 600
High internal clearance of 7.7m* raywhitecommercial.com
195-197 Coogee Bay Road, Coogee, 2034
Expressions Of Interest
Closing on Thursday, 26 February 2026 at 3:00pm (AEDT) Eastern suburbs block of 9 units - Offered for the first time in over 50 years
Rare freehold investment: 9 fully leased apartments
On offer for the first time in over 55 years
Versatile E1 - Local Centre zoning
Situated in the heart of Sydney's "second busiest beach"
Significant value add potential with rental reversion
Strategically positioned in proximity to iconic venues
SC Liam Regan 0488 542 600 Samuel Hadgelias 0480 010 341 Leslie (Yifu) Li 0403 261 752
Expressions Of Interest
Closing on Thursday, 5 March 2026 at 3:00pm (AEDT)
3.27Ha* industrial land opportunity (receiver and manager appointed)
Site Area: 32,700sqm*
Existing subdivision for 7 lots
Substantial Frontage to Gindurra Road of 98 metres*
Fully serviced with water, power and sewer connections
Multiple development pathways
Strong connectivity to major arterial roads
Samuel Hadgelias 0480 010 341
Liam Regan 0488 542 600
In conjunction with Peter Vines RWC Western Sydney
RWC SC
raywhitecommercial.com
424-426 Harris Street, Ultimo, 2007
Expressions Of Interest
Closing on Thursday, 26 February 2026 at 3:00pm (AEDT) Versatile corner
Building Area: 830 square metres*
Large basement with cool room, storage & changerooms
Secure three dedicated on-site car spaces
Private lift to Ground, Level 1 & Level 2
Functional layout: Reception & offices on Levels 1-2
Two courtyards located on the Ground Floor and Level 1
High-growth area in gov-backed Ultimo-Pyrmont
Samuel Hadgelias 0480 010 341
Liam Regan 0488 542 600
Robert OFarrell 0434388313
RWC SC
raywhitecommercial.com
Brand new fit out for 34 staff
66 Clarence Street is aa B Grade 11 level office tower on the corner of Erskine Street and Clarence Street. The building features end of trip facilities and parking in the basement. 4.0 star NABERS. The top 2 floors provide coworking spaces
•Brand new spec fit out now completed
•Prime north-facing unit with light on three sides
•Arrival area, 12p boardroom, 1 x 6p meeting room
•34 workstations, 2 focus rooms, 4 p collaboration area
•Large kitchen with breakout area and cafe seating
Suite 802, 1 Castlereagh Street, Sydney, 2000
Brand new fitout
1 Castlereagh Street is a B Grade building located on the corner of Hunter and Castlereagh Streets. The NE aspect gives all floors excellent solar access. The lobby has undergone a recent refurbishment, providing a classy entrance. The basement has parking and end-of-trip facilities with showers, lockers, and bicycle racks. Energy rating.4.5 Stars, Water 3.5 Stars
•New spec fitout now completed and ready to occupy
•Reception/arrival, 12p boardroom, meeting rooms
•2 focus rooms, 38 workstations, 1 executive office
•Large open plan kitchen and cafe breakout area
•North facing suite with great light exposure
2A/346 Port Hacking Road, Caringbah, 2229
Laser Focussed Investment
Lease Term: Secure long-term lease to 31 March 2030 +
Income: $220,000 per annum
Building Area: 160m2* of high-quality retail/medical
Parking: Five (5) exclusive on-title car spaces
7-9 Flame Crescent, Macquarie Fields, 2564
Entry Level Childcare Investment Leased to a Nationally Recognised Tenant
•Leased to National Recognised Tenant - KU Children's Services
•Approved for 40 places
•Net Passing Income of $62,292.65* per annum + GST
•Potential Income of $168,000* per annum net (equating to $4,200*/place)
•Scope to significantly increase the passing income through reversion
•Leased to 30 June 2035 with market reviews in 2029 and 2032
•Site Area of 1,222 sqm*
•100% of outgoings payable by tenant
•Annual increases of 3% or CPI (whichever is greater)
•550m* from Curran Public School
21-23 Pirie Street, Liverpool, 2170
915sqm* site area with 1,660sqm* total building area
Existing high-quality fit-out throughout
Lift servicing all floors with after-hours access
Outdoor terraces and balconies with district views
Secure basement parking for 15 cars
Excellent natural light throughout
Strategic location & growth potential
VIC
WA
•Building area: 440m2*
• High quality fitout including:
Secure reception and waiting area
Seven consultancy rooms
Large therapy room with hoist
Commercial kitchen
• Male, female and UAT bathroom facilities with shower and hoist
• External amenities plus 350m2 outdoor play area
• Onsite parking for 15 bays (including 2 accessible bays)
Lease
Luke Pavlos 0408 823 823
luke.pavlos@raywhite.com
RWC WA
1 & 4/265 Eddystone Avenue, Beldon, 6027
Belridge Medical Centre Leasing Opportunities
RWC WA is pleased to offer Units 2 and 4 at Belridge Medical Centre for lease.
UNIT 2
• Area: 160m2
• Former radiology clinic, featuring reception, waiting area, 4 treatment rooms, 6 change rooms, storage, testing room, and selfcontained toilets. UNIT 4
• Area: 73m2
• Current configured to provide reception, waiting area, two treatment rooms, self-contained toilet, kitchen and shower. Areas are available individually or on a combined lot basis.
Lease Contact Agent
WA
Luke Pavlos 0408 823 823 luke.pavlos@raywhite.com
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com
100% leased purpose built medical centre investment
25+ years continuous full occupancy
Building area: 369m2* on 1,030m2* site & ample parking
Leased to 6 long term tenants (Medical, Dental + Allied Net passing income $342,350*p.a. with strong annual
Marmion Street location in affluent district
Invited
Andrew Woodley-Page 0438 939 869 andrew.woodley-page@raywhite.com
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com
Circa 1890’s heritage-listed former stable
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com Ideal for boutique office, studio or café conversion
Luke Pavlos 0408 823 823 luke.pavlos@raywhite.com
TAS
11 Franklin Wharf, Hobart, 7000
Unrivalled, Irreplaceable, Unmissable: Tasmania’s Premier Waterfront Asset
RWC Tasmania has been appointed to sell one of Hobart's premier waterfront assets, commanding one of the most prestigious and tightly held addresses in Tasmania.
11 Franklin Wharf occupies a truly unrivalled position on the edge of Sullivans Cove, at the gateway to Salamanca Place and within 500m* of the newly approved Macquarie Point Stadium precinct, positioning the property at the epicentre of Hobart’s most significant urban and tourism transformation.
Comprising 1,200sqm* across 2 levels, the building provides premium hospitality and event infrastructure, superbly placed to capitalise on future stadium-driven demand and ready for occupation.
1 & 2/10 Bayfield Street, Rosny Park, 7018
Sale Expressions Of Interest
Closing Thursday, 26th February 2026 at 4pm (AEDT)
Government Backed Office & Essential Medical Hub
RWC Tasmania has been appointed to sell Units 1 & 2, 10 Bayfield Street, Rosny Park - a ground floor medical and office investment in the very tightly held commercial precinct on Hobart's Eastern Shore.
Key Property Features Include:
+ Blue-Chip Government Anchor (Dept of Premier & Cabinet) in Unit 1
+ Healthology Medical Centre in Unit 2
+ Lease expiry of 31 May 2028 & 30 June 2029, plus options to extend
+ Combined net annual income of $146,200*
+ On-site parking with 7 spaces across both units
+ Combined Building Area of 288 sqm*, Land Area of 904 sqm*
Trevor Fox 0419 355 917
trevor.fox@raywhite.com
Tom Balcombe 0417 979 194
tom.balcombe@raywhite.com
RWC Tasmania
raywhitecommercial.com
7 Panther Place, Islington, Chch, 8042
‘2 in 1’ Deal for an Owner Occupier or Investor
Well located and presented property containing two industrial buildings on a single freehold title of 868m2*
The front building is 459.8m2*. The rear building is 265.6m2*.
An excellent location within the popular Hornby/Islington industrial area, situated between Main South Road (SH1) and the rapid developing Waterloo Business Park so is in close proximity to the main arterial routes servicing the city.
Advantaged by having dual access, a great yard area, 6+ onsite carparks and is security fenced.
Seismically rated at 100% NBS
