MARCH 2026
WHY 2026 COULD BE ANOTHER BUMPER YEAR FOR STUDENT HOUSING INVESTMENT
THE LEASE CLAUSES SHAPING COMMERCIAL PROPERTY PERFORMANCE IN TODAY’S MARKET
181HA MORETON BAY MEGA SITE SOLD IN $300M+ DEAL


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MARCH 2026
WHY 2026 COULD BE ANOTHER BUMPER YEAR FOR STUDENT HOUSING INVESTMENT
THE LEASE CLAUSES SHAPING COMMERCIAL PROPERTY PERFORMANCE IN TODAY’S MARKET
181HA MORETON BAY MEGA SITE SOLD IN $300M+ DEAL



James Linacre Head of Commercial RWC Australia and New Zealand
Hello and welcome to the March 2026 edition of Portfolio Magazine.
As we move through the early stages of 2026, I have begun to notice a sense of strategic momentum across the Australian commercial sector. While new supply remains essential to our cityscapes, the most compelling narrative for private capital right now is the intelligent evolution of the built form.
In a market where construction costs have established a permanent new floor, the ability to acquire and reposition established assets has become the hallmark of a growlingly sophisticated investment strategy.
This shift isn’t about a lack of faith in new development. Far from it. To put the scale of market confidence into perspective, RWC has collectively transacted well over $700 million in residential development land in just the last two months.
This volume is a massive vote of confidence in Australia’s long term prospects, particularly across the South East Queensland corridor. It signals that while we are being tactical with existing buildings today, the foundation for the next decade of national expansion is being laid at a rapid pace.
For the private investor, this creates a dual track opportunity. While large scale land plays highlight our future growth, much attention is being afforded to ready to go B grade office and industrial infill sites. By focusing on
these assets, investors are bypassing the protracted lead times often associated with ground up projects. This speed to market is significantly appealing for investors allowing for a swift capture of rental growth.
The current cycle also offers a rare window to acquire high quality, character filled structures significantly below their replacement cost. This entry point provides an inherent equity cushion that is difficult to replicate, allowing nimble privates to manufacture value through targeted, high impact and comparatively low retrofits.
Modernising buildings with smart energy systems and premium “plug and play” interiors is a fundamental requirement for the modern tenant.
It feels appropriate that we’ve just entered the Year of the Horse, a zodiac defined by speed, energy, and the courage to move forward. With investors looking to live that theme by leveraging the strength of the built form and driving growth through sustainable modernisation.
RWC Bayside has been named Commercial Agency of the Year nationally at this week’s prestigious REA AREA awards, cementing its position as Australia’s leading commercial property agency. Directors Nathan Moore and Rebecca Meredith said the recognition was a significant milestone for the business and the broader Bayside and Redlands Coast commercial property community.
“Winning Commercial Agency of the Year is a significant milestone for our team and a strong endorsement of the standards we set for ourselves,” Nathan Moore said.
“Operating in the Bayside, Redlands Coast and greater Brisbane markets, we’re proud to see a locally based agency recognised nationally for customer service, marketing innovation and overall performance. It reflects the consistency of our work and the trust placed in us by our clients.”
The directors said the award was particularly meaningful given the competitive nature of the commercial property sector in South East Queensland.
“Our scale, structure and systems allow us to deliver a level of consistency and depth that is difficult to replicate,” Rebecca Meredith said.
“We combine a full-service offering with specialist roles, disciplined workflows and hands-on leadership, ensuring every client benefits from both expertise and accountability. That
balance between capability and personal service is a clear point of difference.”
Ms Meredith said the strength of the business lies in its team culture and commitment to disciplined processes.
“We place strong emphasis on clarity, structure and mutual respect,” she said.
“Our culture supports accountability while encouraging professional development, collaboration and open communication. By investing in our people and providing clear systems to support them, we ensure that our exceptional standards are consistently achievable.”
Commenting on current conditions, Nathan Moore described Brisbane’s Bayside commercial property market as active and growing.
“The Bayside market is incredibly buoyant and constantly evolving, with a huge amount of demand across industrial and mixed-use assets and increased focus on well-located, flexible properties,” he said.
“Decision-making has become more considered, with buyers and tenants prioritising longterm fundamentals over shortterm trends. Local insight and clear advice are more important than ever in navigating these conditions.”
Looking ahead, Mr Moore and Ms Meredith said the focus would remain on sustainable growth and continuous improvement.

“This recognition provides great momentum, but our focus remains firmly on raising standards across every part of the business,” Ms Meredith said.
“We’ll continue to refine our systems, invest in our team, and apply thoughtful marketing and service strategies that deliver lasting value for our clients. The priority is sustainable growth built on strong fundamentals rather than short-term wins.”
Head of commercial at RWC, James Linacre, said the national award reflected the strength of leadership within the Bayside office.
“Nathan and Rebecca have built a business defined by discipline, accountability and consistency,” Mr Linacre said. “This recognition is a direct reflection of their leadership and the high standards they expect of themselves and their team.”
He added that seeing a locally based agency achieve national recognition was a proud moment for the broader network.
“RWC Bayside represents what is possible when strong systems, capable people and clear leadership come together. We are incredibly proud of their achievement and the example they set across the network.”
One of South East Queensland’s largest and most significant approved englobo land transactions has been successfully completed, with a 181-hectare mixed-use development site in the Moreton Bay Region selling for a price of $318,500,000. Located at Pumicestone Road, Rutters Road and Clinker Road, Elimbah, the strategically positioned site was offered to the market via an Expressions of Interest campaign, jointly managed by Tony Williams, Mark Creevey and Matthew Fritzsche from Ray White Special Projects Queensland and Morgan Ruig and Mitch Taulelei Cushman & Wakefield on behalf of Melbourne development group Goldfields.
The landmark holding is approved for a major master-planned community, comprising up to 1,400 residential lots, with development approval already in place for the first 288 lots, alongside 25.58 hectares of Mixed Industry and Business Area (MIBA) land and 26.346 hectares of Industrial-zoned land.
Tony Williams from Ray White Special Projects Queensland said the residential scale, approvals and infrastructure delivery were key drivers of buyer interest.
“With approvals already secured for the initial stages and the ability to ultimately deliver up to 1,400 homes, the project is exceptionally well positioned to address ongoing housing demand in one of South East Queensland’s strongest growth corridors.”
“Importantly, the seller’s commitment to deliver major external trunk infrastructure meant buyers could acquire a fully

serviced development opportunity significantly reducing delivery risk and accelerating the pathway to bringing new housing stock to market.”
The site is Federal EPBC confirmed as ‘Not a Controlled Action’ and is largely cleared, flat to gently undulating, providing strong development efficiency. Infrastructure agreements are executed with both Moreton Bay Regional Council and Unitywater, with the seller to deliver external water, sewer and the Pumicestone Road Phase 1 upgrade, positioning the land for seamless future development. Trunk servicing works are expected to be completed by early 2027.
The industrial and employment land component proved equally compelling, according to Morgan Ruig of Cushman & Wakefield.
“Industrial land of this scale, approval status and proximity to the Bruce Highway is exceptionally scarce in the Moreton Bay corridor,” Mr Ruig said.
“The combination of general industrial zoning, MIBA land and an approved service centre within
one integrated estate created a compelling long-term employment and logistics proposition.”
“With strong demand fundamentals and limited competing supply, the industrial component was a critical element of the project’s overall value and future success.”
The campaign generated strong competitive tension, attracting 261 enquiries and 16 formal offers over a 5.5-week marketing period. The mixed use nature of the site attracted interest from both residential and industrial development groups considering the individual components with the ultimate purchaser demonstrating strong capability across both residential and industrial delivery.
The site was acquired by HB Land, a Singaporean-based, locally operated development group, which intends to deliver the project in accordance with its existing approvals.
“HB Land has a clear strategy to move quickly,” Tony Williams said. “Works will commence as soon as practicable to deliver muchneeded housing and employment land to the market.”

RWC Pacific Group has capped off a highly successful auction event, recording the sale of six commercial assets across South East Queensland, with total sales approaching $25 million. The results highlight sustained depth of buyer demand and the continued effectiveness of RWC Pacific Group’s targeted marketing campaigns across metropolitan and growth corridor markets. The auction attracted strong competition from owner occupiers, local investors, developers and private capital, with several assets drawing significant bidder participation and delivering compelling pricing metrics.
Jackson Rameau, director at RWC Pacific Group, said the outcome was a clear endorsement of the firm’s SEQ-focused commercial strategy.
“These results reinforce the strength of our South East Queensland marketing platform. We’re seeing consistent enquiry, strong bidder depth and competitive outcomes across a wide range of asset types, from metro industrial investments to large-format retail and owneroccupier opportunities. Capital remains active when assets are well-positioned and campaigns are executed correctly.”
Key highlights included competitive bidding on tightly held assets, strong yields as low as 4.40 and 4.77 per cent yields underpinned by national and local tenants, plus local buyers capitalising on value opportunities in established and emerging precincts.
With momentum continuing into the next quarter, RWC Pacific Group expects sustained activity from private investors, owner occupiers and developers seeking quality commercial opportunities across SEQ.


1/25 Tedder Avenue, Main Beach
Sale Price: $2,680,000
Bidders: Sold prior to auction (three registered bidders one week out)
Rate: $23,304 per sqm
Yield: 4.77 per cent
Seller: Local Main Beach owner
Buyer: Local Paradise Waters family - Buyer identified long-term value in Main Beach and the strength of the light industrial tenant, with confidence the tenant would maintain the property.
3 Paul Court, Jimboomba
Sale Price: $1,698,000
Bidders: Seven
Yield: 4.4 per cent
Tenant: F45 & Baby Care
Seller: Brisbane family
Buyer: Local investor
Commentary: Buyer recognised value in the building and covenant in a growing outer-metro market
7 Keller Crescent, Carrara
Sale Price: $3,430,000
Bidders: Eight
Buyer: Owner occupier
Rate: $2,286 per sqm of land
$5,893 per sqm of building
5/48 Browns Plains Road, Browns Plains
Sale Price: $12,100,000
Bidders: Six
Buyer: Rural investor
Tenant: Officeworks
Lease: Further 3 years plus options
663A Pine Ridge Road, Biggera Waters
Sale Price: $2,950,000
Bidders: 13
Seller: Brisbane family (same vendor as 3 Paul Court, Jimboomba)
Buyer: Local developer
2/183 Currumburra Road, Ashmore
Sale price: $900,000
Bidders: 6
Building Rate: $5,389/m2
Campaign: 11 inspections, 38 enquiries, three offers

RWC Tasmania has unveiled what is being described as the most significant Hobart CBD development opportunity to come to market in nearly two decades, presenting investors and developers with a rare chance to shape the next chapter of the city’s skyline.
Comprising 67 Liverpool Street, 1/69 Liverpool Street and 2/54 Bathurst Street, the landmark aggregation spans approximately 2,041sqm and represents the largest strategic landholding offered in Hobart’s CBD since the sale of the former Myer site in 2009. Located behind the preserved façade of the historic Brunswick Hotel - a much-loved Hobart institution tragically destroyed by fire in July 2021the site occupies a prime position within the city’s main commercial and retail corridor.
“This is a once-in-a-generation opportunity,” Hayden Peck
from RWC Tasmania said. “Opportunities of this scale, in this location, with this level of preparatory work already completed, simply do not come around in Hobart.”
The property is situated within the Central Precinct of the Central Hobart Plan, a recently endorsed planning framework that supports mixed-use development with a recommended maximum building height of up to 60 metres, offering significant flexibility for future development outcomes.
The site is already primed for immediate high-density development, underpinned by extensive due diligence, including investigations supporting a 250-plus key hotel scheme. Fronting one of Hobart’s busiest thoroughfares, it benefits from exceptional pedestrian exposure and connectivity, and is within walking distance of the Royal Hobart Hospital, civic and legal
precincts, major retail destinations and the waterfront.
Long-term demand drivers further strengthen the opportunity. Hobart is already facing a material shortage of hotel accommodation, and the approval of the Macquarie Point Stadium is expected to significantly accelerate demand for hotel, residential and commercial space in the surrounding area. The site is located less than a 900-metre walk from Macquarie Point, placing it squarely within this emerging growth corridor.
“This offering arrives at a pivotal moment for Hobart,” said Matthew Wallace from RWC Tasmania. “As the city continues to evolve into a nationally and internationally recognised destination for tourism, events and business, developments of genuine scale will play a critical role in shaping its future.”
The scale and scarcity of the landholding places it firmly in historic context for the Tasmanian capital. The last comparable transaction was the former Myer site, now home to the Crowne Plaza, which sold in 2009 for $16.1 million. More recent transactions, including the Mövenpick Hotel site at 28-32 Elizabeth Street, which achieved $7,736 per square metre in 2017, further highlight the increasing scarcity value of large, scalable CBD sites.
“This is a generational asset,” Mr Wallace said. “A blank canvas in the heart of the city, offering the perfect foundation for a truly landmark development.”
The iconic Wanneroo Markets, located at 33 Prindiville Drive, Wangara, has been sold for $9.25 million following a highly competitive national campaign conducted by RWC WA. The landmark variety market asset occupies a substantial 22,955sqm freehold landholding, zoned Special Use, within a tightly held inner light industrial precinct. The operation has approximately 100 stalls with 2,985sqm of net lettable area, and around 350 car bays.
The sale price reflects $403/sqm on land area, and 8.81%pa on the static net income.
The sale was negotiated by Michael Milne and Brett Wilkins of RWC (WA) following a national EOI / Offers Invited campaign, which generated significant interest from local, interstate and offshore buyers.
“Buyer interest was strong throughout the campaign, particularly given that variety markets are a niche asset class,” said Michael Milne, senior advisor of capital markets at RWC WA. “The asset came with a proven income stream combined with the significant land content.”
The property was ultimately secured by a Sydney-based private investment syndicate, led by Western Sydney businessman Michael Veng, after initially being placed under contract to local buyers who were unable to complete.
“We had competing buyer interest from the outset, including investor groups, occupiers and developers,” Mr Milne said. “The successful

buyer is an experienced syndicate with a background in variety markets, who intend to continue and further improve the existing Wanneroo Markets operation.”
The vendors were a local private family syndicate, led by prominent Western Australian property investor and developer Martin Steens of DMG Property, who held the asset for 24 years, having acquired it in 2001.
Mr Wilkins, director of capital markets at RWC WA, said the transaction highlights the growing appetite from eastern states capital seeking yield and long-term growth in Western Australia.
“This sale demonstrates the depth of enquiry we are seeing from eastern states and overseas buyers attracted to Perth’s market fundamentals,” Mr Wilkins said.
“Astute investor and developer capital has clearly identified the Perth commercial property market as offering compelling value and a strong growth trajectory.”
Mr Milne added that variety markets remain a specialised investment category. “This is not a passive asset class,” he said. “It appeals to experienced investors with intensive management capability and a clear strategic vision for the future of the operation.”
The transaction further reinforces RWC WA position as a market leader in complex, incomeproducing commercial assets across Western Australia.

VANESSA RADER
Ray White Head of Research
Australia’s purpose-built student accommodation sector experienced a surge in investment activity during 2025, with transaction volumes exceeding $1.88 billion as offshore investor groups sought exposure to what has become an increasingly attractive institutional-grade asset class. The momentum has continued into 2026, with Centurion Accommodation REIT’s $345 million acquisition of the state-of-the-art EPIISOD Macquarie Park facility at a record $471,000 per bed setting new benchmarks in value as universities prepare for the commencement of the academic year.
The appeal is obvious. International student enrolments have reached record levels, exceeding 1.09 million students in 2024, representing a 15 per cent increase from pre-pandemic levels. The latest data through October 2025 shows total international student numbers sitting at just over one million across all education sectors. This strong demand is occurring during broader housing market pressures and creates a compelling investment case for groups experienced in operating student accommodation assets in other mature markets.
What makes this particularly interesting for offshore buyers is that Australia’s purpose-built student housing stock currently offers only around 90,000 beds across the privately owned and managed sector, with approximately 134,000 student-only beds when including on-campus and college accommodation. When you consider there are more than 1.6 million students enrolled in Australian universities annually,

the supply-demand imbalance becomes obvious. It’s this fundamental undersupply that continues to attract capital from North American, European and Asian institutional funds looking to leverage their operational expertise in a market that remains relatively underdeveloped compared to the United Kingdom or United States.
This scarcity has driven transaction pricing to new heights. Cap rates have compressed to as low as 4.75 per cent in Sydney, though this tightening is starting to ease, with rates typically ranging from sub-5.0 per cent in prime Sydney and Melbourne locations to around 6.75 per cent in emerging markets. Recent large portfolio deals have settled around the 5.0 to 5.5 per cent mark, demonstrating investor confidence in the sector’s fundamentals despite broader economic uncertainties. Average pricing per bed has climbed considerably, with the Centurion transaction’s $471,000 per bed well above Sydney’s typical range of $325,000 to $388,000 per bed.
Singaporean investor groups continue to be particularly active in the sector, with sovereign wealth connections and real estate investment trusts deploying significant
capital into Australian student housing throughout 2025. European pension funds have also increased their allocations, viewing the asset class as offering defensive characteristics with counter-cyclical performance during periods of economic uncertainty. The relative immaturity of Australia’s student housing market compared to other developed nations creates an attractive entry point for these experienced offshore groups who understand the operational nuances of managing purpose-built accommodation.
The development pipeline has expanded significantly in response to this capital influx, with the latest Urbis Student Accommodation Benchmarks showing 40,000 beds now in various stages of development across the country. This represents an increase from 36,000 beds recorded in early 2025, driven in part by the Australian Government’s policy linking university international student visa allocations with demonstrated commitments to increase student accommodation access. Of this pipeline, around 11,200 beds are under construction, 16,400 have development approval, and 12,500 are in the development application phase.
New South Wales leads the development pipeline with 9,900 beds, while Victoria follows with 9,200 beds, though the bulk of Victoria’s pipeline remains in approval or application stages. Queensland has emerged as an increasingly competitive market, with 8,800 beds in the pipeline and Brisbane experiencing notable growth in both student numbers and investment activity. South Australia has seen a notable surge, with 2,600 approvals in inner Adelaide alone last quarter bringing the state’s pipeline to 4,200 beds. Perth has also experienced increased development interest, with 6,500 beds now in the pipeline, reflecting Western Australia’s more investment-friendly policy settings.
The composition of international students arriving in Australia has shifted noticeably over recent years, further supporting investment demand. India has emerged as the fastest-growing source market, while traditional contributors like China remain significant but have plateaued somewhat. Southeast Asian nations including Vietnam, Malaysia and Indonesia have shown substantial growth, influenced partly by Australia’s geographic proximity and perceived political stability relative to alternatives. Recent shifts in United States immigration policy have accelerated interest from students who might previously have favoured American institutions, redirecting flows toward Australia’s universities which continue to climb in global rankings across multiple disciplines.
The policy environment has evolved to support continued growth. The Australian Government’s shift to “high priority” and “standard priority” visa categories replaced earlier attempts to cap student numbers and has maintained strong enrolment flows while directing students toward regional and smaller universities. This is gradually reshaping the geographic distribution of international students across the country, creating opportunities in markets beyond the traditional Sydney and Melbourne dominance.


Understanding what students actually want from purpose-built accommodation has become increasingly important as the market matures and competition for assets intensifies. International research across major student markets indicates clear preferences that influence investment decisions. Affordability consistently emerges as the primary consideration, followed closely by proximity to campus. Students generally favour single rooms with shared amenities where financially viable, though double rooms remain popular due to cost considerations. Essential features include reliable internet connectivity, laundry facilities and robust security measures. Kitchen facilities rate particularly highly among international students who value the ability to prepare meals aligned with their cultural preferences. Privacy has emerged as a critical factor in accommodation design, though this needs balancing with communal spaces that foster social interaction and help combat isolation.
The sector’s growth trajectory appears set to continue, with approximately 7,500 completions projected for 2027 indicating strong momentum in the years ahead. Even with this new supply, the fundamental mismatch between student-suitable housing and the growing student population will likely persist, continuing to drive investor interest in the sector. The sector’s appeal extends well beyond the international student narrative, with many providers reporting more than 50 per cent domestic student occupancy as the broader housing affordability crisis pushes local students toward purpose-built options. As Australia’s universities maintain their upward trajectory in global rankings and international student numbers remain strong, the purpose-built student accommodation market appears well-positioned to attract further institutional capital throughout 2026 and beyond. The combination of government policy support, undersupplied markets and defensive investment characteristics makes Australian student housing an increasingly compelling proposition for global institutional investors seeking stable returns in specialised residential assets.

LETEICHA WILSON RWC Property Management Specialist
In today’s commercial property market, the strength of an investment is no longer defined solely by location or tenant covenant, but increasingly by the detail contained within the lease itself. Rising operating costs, evolving tenant expectations and ongoing insurance pressures mean many legacy leases written several years ago may no longer provide the level of protection or flexibility landlords require in 2026. A proactive review of key clauses can play a critical role in protecting net income, reducing disputes and ultimately future-proofing an asset.
Make-good provisions remain one of the most common sources of conflict at lease expiry, particularly where expectations around reinstatement are vague, inconsistent or open to interpretation. Without clear drafting, landlords can be left funding significant refurbishment costs that should otherwise sit with the tenant. Similarly, rent review mechanisms deserve careful consideration in the current environment. While fixed annual increases offer certainty, CPI-linked reviews are increasingly viewed as a more effective way of preserving real income during inflationary cycles. The most appropriate structure will depend on the asset, tenant profile and broader investment strategy, but inaction in this area can materially impact long-term returns.
Demolition, redevelopment and relocation rights are also becoming more important as asset repositioning, adaptive reuse and urban infill opportunities accelerate across many markets. Poorly drafted or outdated
clauses can restrict a landlord’s ability to respond to changing highest-and-best-use scenarios, potentially delaying strategic projects for years. Ensuring these provisions are both commercially practical and legally robust is essential for maintaining flexibility over the life of the investment.
Insurance and outgoing recoverability has sharpened into focus as premiums continue to rise across multiple asset classes. Even minor inconsistencies between lease wording and policy structures can quietly erode returns over time, particularly within multi-tenanted properties where recovery methodologies must be precise. This is why many sophisticated investors are shifting away from passive lease administration toward more active lease auditing, standardised documentation and closer alignment between lease structure and long-term asset planning.
In a market where performance is increasingly shaped by detail rather than broad fundamentals alone, wellconstructed leases are far more than legal formalities, they are critical financial instruments. Taking the time to review, refine and strengthen lease provisions today can significantly reduce risk exposure, improve income resilience and position a commercial asset for stronger, more stable performance in the years ahead.
RWC manages properties across all asset classes right across Australia. Take a look at some of our top managements from across the nation. RWC will have a management specialist located right near your property, so enquire with us today.
RWC BALLARAT CONTACT HERE

The Colonial Motor Inn stands as a cornerstone hospitality asset within the regional portfolio, offering a strategic blend of high-occupancy accommodation and prime roadside exposure. Under dedicated management, the property continues to deliver robust commercial returns through its versatile site layout and well-maintained facility infrastructure.


RWC SOUTHWEST
Dual Eight Mile Plains asset comprising of two lots totalling 3,054sqm of office and warehouse leased to a single tenant on a long term lease.
RWC GLEN WAVERLEY
The ultimate medical headquarters: An A-grade landmark featuring 12 premium consulting suites and 33 onsite car parks, strategically positioned just steps from Dandenong Hospital.

2,810m2* 'Mixed Use' site with excellent exposure
1,181m2* NLA across three tenancies
Secure long-term lease to Hoppy's Car Wash
Remaining spaces leased on monthly terms
Estimated income $262,000 PA with reversionary upside
Excellent rear access for easy customer and tenant flow
Benefit from future rental uplift and capital values

645m2* nett lettable area
income approx. $344,310 PA (after land tax)
Currently 3 tenancies with potential to expand to 5
Established medical and professional hub Long-term development and intensification potential 1,614m2* prominent town centre landholding Principal Centre zoning - up to 26m height^ (STCA)
Bayside





hardstand and access, fully perimeter fenced
Office with light-filled showroom and amenities
Redevelopment potential with strong upside
Vacant possession available immediately Spacious 447sqm* warehouse with multiple roller doors


Units 4, 5 & 6/6 Rene Street, Noosaville, 4566
& vacant
Available individually or in one line
Units 4 & 5: Tenanted investments (established 20-year local business)
Unit 6: Vacant clear span warehouse, owner-occupy or invest
Sizes from 124m2* to 210m2*
Quality warehouse/showroom configurations
Solar, air-conditioned showroom & internal amenities
Prime Noosa industrial precinct location
Sale Contact Agents
Rachel Cadamy 0455 902 627 rachel.cadamy@raywhite.com
John Petralia 0414 812 719 john.petralia@raywhite.com
RWC Noosa & Sunshine Coast
raywhitecommercial.com

256 Nicklin Way & 21 Technology Drive, Warana, 4575
5,533m2* land across two titles
Proposed Mixed Use zoning - 6 storeys/22m (STCA)
Nicklin Way frontage - 45,000+ vehicles per day*
Significant current net rental income with upside
1,400m2* office building + 1,000m2* warehouse High exposure property on multiple titles
Flexible lease arrangements in place
Beachside location near major retail & hospital
Sale Contact Agent
Brenton Thomas 0407 693 467 brenton.thomas@raywhite.com
Adam Morley 0476 168 712 adam.morley@raywhite.com
Noosa & Sunshine Coast





land holding: 1,306m2* (3 adjoining lots)
14 rooms, 3 bed manager’s unit, reception and pool
Motel has undergone substantial recent renovations
Opportunity for height uplift and increased density^ Blue chip location
200m* to beachfront and Albatross & Hedges Avenue's

93 Mort Street, Toowoomba City, 4350 Expressions Of
•Substantial 6,421sqm* freehold site with wide frontage and excellent access in Toowoomba's inner north
•Iconic heritage brewery buildings dating back to 1881, offering a unique architectural identity
•Zoned Mixed Use, supporting a range of commercial, industrial and adaptive reuse developments^
•Strategic location just minutes from Toowoomba CBD, within an emerging growth corridor
•Expansive street presence and access from Mort Street, enhancing visibility and integration into future precinct planning
•Character and authenticity that cannot be replicatedideal for hospitality, cultural or destination-led concepts
•Clear land title and long-held ownership, presenting a clean acquisition path for developers or investors
Brian Doyle 0434 551 628
brian.doyle@raywhite.com
RWC Toowoomba
raywhitecommercial.com


191-207 Long Road, Tamborine Mountain, 4272
Triple-Lot Strategic Amalgamation | Zoned Minor Tourism | DA Approved for Expansion
An extraordinary opportunity to acquire a significant 4.69-hectare* landholding in the heart of the Gold Coast Hinterland's premier tourism precinct. Bordered by pristine National Park and located within walking distance to the iconic Gallery Walk, this three-property amalgamation offers a rare blend of immediate holding income, functional industrial/commercial infrastructure, and DA-approved future upside.
Zoned specifically for Minor Tourism, the site is perfectly positioned to be transformed.




Designated HRV Parking
Container Height Electric Roller Door
Designated Container Set-down Area
Secure Gated Estate
Kitchenette and Toilets in Each Unit







356 Middle Road, Greenbank, 4124
•4 Tenants with long term leases
•Strong WALE - 5.41 Years
•Current net income - $455,618.51 PA
•Projected additional income - $145,000* PA Net
•Vacant land - 1,193m2 - 10 Year HOA signed with NT
•Total expected income of $620,000* PA Net
•Current building area - 377m2
•Land area - 4,588m2
•Anchored by Metro Petroleum with over 300 Metro Service Stations Australia wide
•Metro Petroleum has one of the largest independent service station networks in Australia
•13,000 Approximate daily passing traffic
•Strategically located in Greenbank high growth area

Aldo Bevacqua 0412 784 977
aldo.bevacqua@raywhite.com Jett Bevacqua 0450 005 810
jett.bevacqua@raywhite.com
raywhitecommercial.com














2/87 Lake Street, Cairns City, 4870
Secure a boutique commercial property in the heart of Cairns CBD. Directly opposite Woolworths, major banks, surrounded by prominent hotels and long-established local businesses, this high-visibility location benefits from constant traffic and strong commercial appeal. Reliable, affordable, built for long-term performance - a true set-andforget investment.
Investment Highlights:
•Tenant: Long-established (proven operator)
•New Lease already signed
•Presentation exceptional
•Lot Area: 67m2 (approx.)
•Zoning: Central Business
•Parking: x1 onsite
•Storage: 15sqm
Sale $260,000
Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com
Grant Timmins 0422 534 044 grant.timmins@raywhite.com
RWC Cairns raywhitecommercial.com
6/193-197 Lake Street, Cairns City, 4870
An outstanding opportunity to own a bright and spacious consulting suite in a well-established and highly regarded medical facility. On the corner of Lake and Upward Streets, in the heart of Cairns' thriving medical and professional precinct - moments from both major hospitals - this property presents an ideal acquisition for investors.
•Area - 82sqm*
•Securely tenanted investment, offering immediate income
•Immaculately presented throughout
•2 onsite secure car spaces
•Reception, 2 consultation rooms, utility room and kitchenette
•Abundant natural light, large windows with fitted blinds
•Ducted air-conditioning, climate-controlled for year-round comfort
•Lift and stair access for clients and staff
•Situated in a sought-after medical and professional hub
Sale $450,000
Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com





RWC Cairns raywhitecommercial.com













Easily accessible via public transport



Lot 101/36 Showground Road,
Premier asset in epicentre of Gosford CBD
Net income $327,000pa + outgoings + GST
Strategically located next to Gosford Hospital
Leased to The Elms Early Learning Centre
Secure 10 + 10 + 10 year lease, commenced 2020 Licensed for 83 children places







50 Broughton Avenue, Tullimbar, 2527
•Substantial 8,245sqm* corner landholding
•One of only two designated town centre sites within Tullimbar masterplan
•DA approval for tavern, function centre, serviced apartments and retail premises (including supermarket & bottle shop)
•Approved scheme includes 40 serviced apartments with reception
•FSR of 0.5:1 allowing potential GFA of approximately 4,123sqm*
•Capacity for on-grade retail configuration (STCA)
•40 basement car parking spaces
•Strong alternative town centre development potential (STCA)
•Positioned within Shellharbour's high-growth western
Expressions Of Interest Wednesday 25 March 2026 at 3pm
Sheu 0412 301 582 Lisa O'Neill 0407 555 117 Matthew Anstee 0400 555 088
Western Sydney Peter Vines 0449 857 100
raywhitecommercial.com


Zoned E1: Local Centre
DA Approved 60-place childcare centre Meticulously designed childcare facility
Amalgamated site across three separate titles
Well-serviced land with established infrastructure





12/20 Gerrale Street, Cronulla, 2230
Beneath the grand preserved façade of the original Hotel Cecil lies a rare opportunity to own a landmark piece of Cronulla's soul - a coastal icon reborn for a new generation. Now, this once in a lifetime property is available for the first time in nearly 30 years.
•680m2 prime corner retail/hospitality space* beneath the preserved façade of the original Hotel Cecil
•565m2 internal area + external seating*, offering flexible indoor/outdoor dining potential
•Prior liquor licence for 302 patrons and 19 secure ontitle car spaces - an unmatched coastal asset
•Strong holding income of approx. $326,000 p.a.* from current Snap Fitness lease (expiry 30/06/26)
•Offered in one line or as multiple lots (80-200m2*) - a rare chance to own a piece of Cronulla's history

Suite 1302, 1 Castlereagh Street, Sydney, 2000
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 now fitout and ready to occupy
•Reception/arrival, 10p boardroom, 6pm meeting room
•1 office, 18 workstations, kitchen/breakout
•East facing suite with great light exposure
•Reception/arrival, boardroom, 2 meeting rooms
•2 focus rooms, 26 workstations, kitchen/breakout
•Reception/arrival, 12p boardroom, meeting rooms
•Focus rooms, 38 workstations, kitchen/breakout








rent $30,000 P.A + GST + Outgoings (3% P.A Market Review) Land

Dillon






Tenant runs indoor/outdoor mini golf facility
Block size: 4,956m2* Mixed Use Zone




'Telegraph Hotel' 19 Morrison Street, Hobart, 7000 Sale Expressions Of Interest closing Thursday, 26th March 2026 at 4pm (AEDT)
RWC Tasmania and HTL Property are proud to jointly market this once in a generation, “tier 1” investment. Providing investors the opportunity to secure a true landmark waterfront hospitality asset in Hobart’s coveted Salamanca precinct.
Key Property Highlights
+ Anchored by Australian Venue Co (AVC) on a brand new 10-year, double net lease
+ Net Income: $500,000 p.a. + GST
+ Extensive $5 million+ refurbishment completed
+ Features only rooftop bar in this heritage-listed precinct
+ Single tenant freestanding investment leading to ease of management
+ High-profile corner location on 349 sqm*
Peck 0412 766 395 Claude Alcorso 0417 586 756 Scott Callow 0418 153 606

raywhitecommercial.com RWC Tasmania

67 & 1/69 Liverpool St & 2/54 Bathurst Street, Hobart, 7000
RWC Tasmania has been appointed a rare, highexposure landholding in the heart of Hobart’s commercial core. Located within the city’s primary growth corridor, this site offers immediate holding income with massive development upside.
+ The Scale: Significant 2084 sqm* CBD footprint suited for a flagship high rise hotel or landmark mixed-use project
+ The Location: Unrivalled foot traffic. Surrounded by major office towers, government hubs, healthcare, and premier retail
+ The Advantage: Substantial due diligence already completed for a 250+ key hotel development
+ The Future: Located 900 m* from the future site of the 23,000 seat Hobart Stadium
Sale Expressions Of Interest
Thursday, 19 March 2026 at 4pm (AEDT)
Hayden Peck 0412 766 395
hayden.peck@raywhite.com
Matthew Wallace 0418 136 086
matthew.wallace@raywhite.com
RWC Tasmania
raywhitecommercial.com


302 Great Eastern Highway,
4,998m2* green-titled lot
540m2* total building area + 50m2* canopy
Frontage on a major arterial route with strong passing traffic
'Mixed Use' zoning allowing diverse commercial and industrial uses
Total net income of $282,805.48 per annum across 3 leases
Redevelopment clauses in place
Expressions Of Interest
Closing Wed 25 March 2026 at 4pm AWST
RWC WA
raywhitecommercial.com
Chris Matthews 0413 359 315 chris.matthews@raywhite.com
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com


Lot 402 Barracks Lane, Mandurah, 6210
2,918m2 development site | Zoned ‘Strategic Centre’
Approx. 130 metres of Barracks Lane frontage
Development height: 21m (5 storeys) - 2 storey minimum
Next to the established One Brighton apartments
Walkable foreshore, retail and transport precinct Central Development Site | 21m height limit | Strategic Centre
Medium to high density mixed-use potential (STCA)
Expressions Of Interest Closing 12th March at 4pm AWST
WA
Stephen Harrison 0421 622 777 stephen.harrison@raywhite.com
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com





22 Hannover Place, Rolleston, NZ, 7614
Recently completed high stud, standalone warehouse of 885m2* with an amenities block of 13m2*. Total 898m2
Good natural light, high bay LED lighting, 3 phase power, 3 roller doors, providing flexible vehicle entry and drivethru access.
Generous sized freehold title with an underlying land area of 2,607m2*, providing ample room for the large sturdy concrete yard area which surrounds the building. Fully security fenced, ideal for: heavy transport; outdoor storage; container handling or generous parking.
Strategically located with superior connection to SH1, rail and inland ports. Ideal for warehousing, distribution or manufacturing.
