Sharing our
Success
in the Brisbane Investment Market
A Brief Investment Market Review
Sales activity towards the end of 2022 drastically fell to almost half of the record levels from the 2021 financial year, pricing gaps between market participants slowed decision-making processes and in turn, curbed transaction volumes. With the fastest interest rate increase in history, arrives a vastly easing market with yields softening at a fast pace to offset the rapid increase in the cost of debt.
Recent Sales
26 Commercial Road, Newstead
Price: $14,000,000 Rate / sqm: $5,882 Initial Yield: 7.39% WALE: 2.35 Years Occupancy: 100% Vendor: Private Purchaser: Silverstone Developments
1 Miles Platting Road, Eight Mile Plains
Price: $19,735,000 Rate / sqm: $7,028 Equivalent Yield: 7.08% WALE: 3.54 Years Occupancy: 100% Vendor: Alceon Purchaser: Southern Cross Equity Group
59 - 65 Levington Road, Eight Mile Plains
Price: $13,250,000 Rate / sqm: $342 Equivalent Yield: Nil WALE: Nil Occupancy: Dev. site Vendor: Private Purchaser: Glen Gracie
461-463 Lutwyche Road, Lutwyche
Price: $1,680,000 Rate / sqm: $2,213 Initial Yield: 6.10% WALE: 6.50 Years Occupancy: 100% Vendor: Private Purchaser: Pathway Nineteen
Indooroopilly Amalgamation
Price: $24,900,000 Rate / sqm: $3,915 Initial Yield: Nil WALE: Nil Occupancy: Dev. site Vendor: Private Purchaser: Keylin Group
2A Tournament Drive, Brookwater
Price: $3,350,000 Rate / sqm: $1,675 Equivalent Yield: Nil WALE: Nil Occupancy: Dev. site Vendor: YM Property Purchaser: Orange Property Projects No.9
283 Elizabeth Street, Brisbane
Price: $7,262,500 Rate / sqm: $8,416 Initial Yield: 6.19% WALE: 2.40 years Occupancy: 66% Vendor: Private Investor Purchaser: Silverstone Developments
87 Thorn Street, Ipswich
Price: $7,750,000 Rate / sqm: $1,145 Equivalent Yield: Nil WALE: Nil Occupancy: Nil Vendor: Private Investor Purchaser: RB3 Pty Ltd
645 Seventeen Mile Rocks Road, Sinnamon Park
Price: $7,900,000 Rate / sqm: $5,267 Initial Yield: 5.00% WALE: 15 Years Occupancy: 100% Vendor: Private Purchaser: Perpetual Nominees Ltd for Australian Unity Funds
31 McKechnie Drive, Eight Mile Plains
Price: $10,175,000 Rate / sqm: $6,420 Equivalent Yield: 5.92% WALE: 4.63 Years Occupancy: 100% Vendor: Private Investor Purchaser: Janet Scott Property Holdings
73 Ipswich Road, Woolloongabba
Price: $40,000,000 Rate / sqm: $6,420 Equivalent Yield: Nil WALE: Nil Occupancy: Dev. Site Vendor: Private Investor Purchaser: TMR, Queensland Government
7 Smallwood Place, Murarrie
Price: $13,650,000 Rate / sqm: $4,165 Initial Yield: Nil WALE: Nil Occupancy: Nil Vendor: Ozcorp capital Purchaser: Alceon Group No. 17 / Smallwood Trust
420 Sheridan Street, Cairns
Price: $17,000,000 Rate / sqm: $7,889 Initial Yield: 6.43% WALE: 7.00 years Occupancy: 100% Vendor: Kaufman Group Purchaser: Bradstreet Enterprises
144 Wickham Street, Fortitude Valley
Price: $1,850,000 Rate / sqm: $3,407 Equivalent Yield: 5.02% WALE: 1.14 years Occupancy: 100% Vendor: Private Investor Purchaser: 144 Wickham St Trust
4 Patricks Road, Arana Hills
Price: $6,326,000 Rate / sqm: $5,874 Initial Yield: 6.80% WALE: 5,10 years Occupancy: 100% Vendor: Private Investor Purchaser: Santonastaso Family Trust
123 Gotha Street, Fortitude Valley
Price: $9,725,000 Rate / sqm: $5,937 Equivalent Yield: 9.31% WALE: 1.7 Years Occupancy: 100% Vendor: Properties & Pathways Purchaser: Alloa Properties Pty Ltd
35 Robina Town Centre Drive, Robina
Price: $40,000,000 Rate / sqm: $4,300 Initial Yield: 8.5% WALE: 1.5 Years Occupancy: 100% Vendor: Centuria Purchaser: Exceed Capital
