Buying Commercial Property Guides

It’s not every day that the opportunity to own half a town emerges in regional Queensland.

Some of the last remnants of the Direct Fashion Outlet empire are being sold, with DFO Jindalee in Brisbane’s western suburbs acquired for $46.6 million.

Former Toll Holdings boss Paul Little has put a South Wharf development site on the market with permits to build two residential towers with 940 apartments.

The growing trend of neighbours selling their properties collectively has reached the commercial market, with a group of South Sydney industrial owners joining forces to sell eight properties.

A family who owned a site leased to Mitre 10 in bayside Melbourne for 35 years were reduced to tears after it sold for almost $6 million above reserve.

Queensland’s shopping centres remain hot property amongst investors looking to outmanoeuvre stiff competition and yield compression in the southern states.

In a few short months the White Bay Power Station’s ticket will be stamped as the likely site of Sydney’s newest jobs and office precinct.

Heavyweight pub investors the Laundy family and Greg Karedis have paid about $60 million for the beachfront Crowne Plaza Terrigal hotel. This article originally appeared on theaustralian.com.au/property.

Countless commercial properties claim to be a stone’s throw from Surfers Paradise’s famous beach. Here’s one that actually is.