2025
PORTFOLIO
DATA CENTRES AND MIXED-USE PROJECTS DRIVE GROWTH
WHAT EVERY INVESTOR NEEDS TO KNOW ABOUT PROPERTY DOCUMENTATION MARKET ACTIVITY IN THE NATION’S CAPITAL
This month in Portfolio
Welcome to the May 2025 edition of Portfolio.
This month, we look into data centres and mixed-use projects and how they are driving construction growth and the current crane count. We take a look at the busy start to the year for commercial real estate in our nation’s capital, Canberra.
Don’t miss Leteicha Wilson’s tips for investors about the importance of property documentation.
We are also in the final run up to our RWC June Auction Showcase, where hundreds of our commercial specialists from across the country will be taking properties to auction.
In December’s Showcase, we saw over 80 properties go under the hammer. The clearance rate was over 70 per cent. There was plenty of buyer activity, with an average five registered bidders and 3.5 active bidders per auction.
The success of our last showcase is further proof that the Ray White Group are competition creators. In this edition of Portfolio, we caught up with some of our highest performing agents to hear about why they love the auction method, for both sellers and buyers.
The auction properties are being added here in real time.
James Linacre Head of Commercial RWC Australia and New Zealand
Quick jump to a region
Why auction?
In anticipation of the upcoming June Auction Showcase, we spoke to some of our top performing commercial agents about why they love the auction method.
In our last Auction Showcase, we had over 80 properties go under the hammer across the country with a clearance rate of over 70 per cent. For the entire month of June, our agents will be taking a range of stock across the country, under the hammer. Properties are added every day, see here for the current auction list.
JACKSON RAMEAU, RWC GOLD COAST
“
I prefer auction because it generates the highest level of inquiry without needing to quote a price. It provides owners with raw, unbiased insights into what buyers are genuinely willing to pay for their property. As an agent, if you truly believe a particular asset will perform well at auction, recommending this method demonstrates your absolute confidence in both the property’s value and your ability to create competition because of a public forum. I love it. Also, by driving strong buyer engagement and securing registered bidders, history has shown auctions ultimately lead to a higher sale price than a private treaty sale.”
“
With unprecedented demand for commercial properties and limited stock, auctions create the perfect environment to get emotional prices, from a traditionally “emotionless” transaction.”
LACHLAN O’KEEFFE AND MICHAEL FELTOE, RWC RETAIL
PETER VINES, RWC WESTERN SYDNEY
“
We are huge believers in the auction method. We find that many groups are sick of Expressions of Interest which can effectively be a Dutch auction. Many cultures grew up buying goods at auction, and they believe what they can see. Social proof is massive, and what better way to demonstrate this than the auction method?”
“Put simply, there is no greater platform for a commercial agent to showcase their ability to create completion in a highly public and entertaining way. We don’t get much flair in commercial, but auctions facilitate this.
It’s a vulnerable sales method but creates wonderful transparency and allows the untapped magic of buyer desire to drive prices to levels that wouldn’t be achievable in a private or EOI setting. The transparent process is great for the agent, sellers and buyers. All stakeholders win.”
RYAN TRICKEY, RWC GLEN WAVERLEY
SCOTT STEPHENS, RWC SYDNEY NORTH
“
The natural and transparent competition that an Auction creates is the primary reason we recommend to market their commercial asset. By providing prospective purchasers with a time frame within which to act, it drives the sales price for your property and fosters competitive bidding at the day of Auction. This will ensure that the vendor is maximising the return on their investment, knowing they will be selling the property at its best price in the most transparent market-driven way.”
Data centres and mixed-use projects drive growth
VANESSA RADER
Ray White Head of Research
Australia’s construction sector maintains steady activity in the first quarter of 2025, with the latest Rider Levett Bucknall (RLB) Crane Index revealing 840 cranes across the nation’s skylines, a modest 2.7 per cent decrease from the previous quarter’s 863 cranes.
Sydney continues the most active construction city with 373 cranes, accounting for 44.4 per cent of the
national total despite a reduction of 14 cranes since Q3 2024. Melbourne follows with 199 cranes (23.7 per cent), reaching its highest count since Q1 2023. Brisbane and the Gold Coast collectively host 124 cranes (14.7 per cent), while Perth recorded 41 cranes after a decrease of five. Melbourne’s strong performance is largely driven by major infrastructure projects including the $36 billion
North East Link development, which features 39 cranes across four work fronts. Other significant infrastructure projects include Western Sydney Airport (six cranes) and Powerhouse Parramatta (four cranes). Across the country, civil projects account for 7.3 per cent of all cranes, with 61 machines dedicated to infrastructure development.
Australian construction growth in mixed use and data centres
six monthly change in crane count
While residential construction continues to dominate with 58 per cent of all cranes nationwide (487 cranes), the commercial landscape shows notable shifts. The commercial office sector has experienced a 13.4 per cent decline with 58 cranes (down from 67), reflecting the broader difficulty experienced across the office sector resulting in increased vacancy levels. Despite this reduction, projects continue in Melbourne’s suburban, Cremorne district and Sydney’s CBD.
Data centre construction has emerged as a significant growth area, increasing by 16 per cent with four additional cranes, bringing the national total to 29. Victoria leads this sector with the Amazon Fulfilment Centre in Craigieburn, the CDC Brooklyn campus, and the 192 Swan Drive development in Derrimut. Similar projects are underway in New South Wales with the Digital Realty SYD11 facility, Queensland’s NEXTDC B3 facility in Brisbane, and Western Australia’s NEXTDC P2 data center in Perth. This nationwide expansion positions Australia as an increasingly important regional technology hub which has not
gone unnoticed by both domestic and off shore investment groups.
Mixed-use developments however, have shown the strongest growth of any sector, with a net increase of nine cranes bringing the total to 105 nationwide. This trend reflects changing requirements from a planning perspective coupled with developers’ strategy to diversify risk by combining multiple asset classes within single developments. The shift toward mixed-use is most prominent in inner and middlering suburbs, where land values necessitate higher density and diverse revenue streams.
Geographically we have seen a shift in crane distribution, most notably in Sydney where the western region now hosts 109 cranes compared to inner Sydney’s 69 – a pattern only previously seen briefly in 2018. This shift reflects infrastructure investment and continued urban expansion into growth corridors to support population gains.
The education sector saw the most significant percentage reduction, halving from 24 to 12 cranes as major university and school
projects reached completion. In contrast, hotel construction increased by 28.6 per cent to nine cranes, including new projects at Bond Street and Wentworth Avenue in Sydney and 28 Signal Terrace in Cockburn, Perth, indicating renewed confidence in tourism and hospitality.
Overall, Australia’s construction sector continues to be busy with total construction activity growing by 2.7 per cent in 2024. The non-residential index stands at 307 points, with nonresidential projects accounting for 42 per cent of total cranes. This moderate activity, combined with the shift toward data centres, mixed-use developments, and infrastructure projects, suggests the industry is adapting to changing market demands, even as traditional sectors show signs of moderation. Throughout 2025 the continued strength in technology infrastructure and diversified developments is likely to prop up construction activity across major Australian cities, offsetting cooling in traditional commercial and residential markets.
What every investor needs to know about property documentation
LETEICHA WILSON RWC Property Management Specialist
In commercial real estate, documentation isn’t just paperwork; it’s protection. Yet too often, critical records are overlooked, outdated or incomplete. For commercial property investors, this oversight can become an expensive lesson in risk management.
From poorly documented leases to vague make-good clauses, missing maintenance records to inaccurate outgoings budgets, the consequences of poor documentation can ripple across the entire lifecycle of your investment.
LEASES: THE FOUNDATION OF INCOME SECURITY
A lease agreement should be the clearest and most robust document in your asset file. If it’s vague, missing key terms, or unsigned, you risk revenue loss, tenant disputes, and lengthy legal proceedings. Worse still, if your lease doesn’t clearly define who is responsible for maintenance, make good, or outgoings, you could be footing the bill unnecessarily.
MAINTENANCE AND COMPLIANCE RECORDS: YOUR RISK MANAGEMENT TOOLKIT
In the event of a Work Health & Safety issue or equipment failure, you need accurate records to prove maintenance schedules have been followed and compliance standards met. A missing logbook or undocumented service could be the difference between resolving an issue swiftly or facing a major insurance claim or litigation.
MAKE GOOD PROVISIONS: THE HIDDEN COST AT LEASE END
One of the most common disputes at the end of a lease comes down to make good obligations. If these are not clearly articulated and agreed upon at the beginning of the lease, landlords can be left out of pocket and tenants can face unexpected and disputed costs.
OUTGOINGS BUDGETS AND RECONCILIATIONS: ACCURACY IS
EVERYTHING
If your outgoings aren’t properly documented, tenants may challenge the amounts owed, leading to lost income and fractured relationships. More importantly, inaccurate budgets can impact the valuation of your asset, as outgoing recoveries play a role in determining net return.
Beyond the legal implications, strong documentation is a sign of a well-managed property. It builds trust with tenants, attracts quality buyers, and ensures your asset performs over time.
The takeaway? Documentation isn’t an afterthought; it’s one of the smartest ways to protect your investment. A skilled commercial property manager doesn’t just manage tenants; they manage risk, and that starts with meticulous record keeping.
Market activity in the nation’s capital
Hundreds of people tuned in to the April episode of RWC’s Between the Lines webinar, where a panel of experts discussed Canberra’s commercial property market.
Host Vanessa Rader was joined by RWC Canberra’s Frank Giorgi and Dan McGrath to unpack the market activity seen during the start of the year in the nation’s capital.
Mr Giorgi said it had been a busy start to the year for the Canberra market.
“A lot of small leasing has been done already which is rare for the start of the year. People often have a new year’s resolution to move to a bigger premises or start a new business, and that seems to ring true,” he said.
“I can’t believe the amount of enquiry we’ve had across January and February. I think so far leasing is outweighing the sales as I think people are still a bit cautious about buying.”
Mr McGrath said there was an air of confidence returning to the market.
“Activity breeds activity, and it’s been the busiest and most buoyant start to the year that I’ve seen in 23 years of working in property in Canberra,” he said.
“The phones are ringing and people seem a lot more confident than they have been in the past two years - we’ve had quite a challenging past two years.
“I think people are just to the point where activity has to recommence and they’re feeling more confident about what’s to come over the next 12-18 months.”
Mr Giorgi, who specialises in the industrial sector, said the asset class had been very active across sales and leasing.
“There’s a huge shortage of the 1000sqm plus leasing opportunities. If you put something on the market you’ll get 4-5 enquiries straight away. We’ve had a really good run with 1000-4000sqm buildings, that’s where the shortage is in Canberra,” he said.
“Traditionally in Canberra they did a lot more smaller warehouses in the sub-1000sqm and even on bigger blocks they did unit complexes. We had a shortage of unit blocks 4-5 years ago, so with the latest land releases were flooded with people doing unit developments.
“We’ve had 200-300 units between 180-300sqm come on in six months. That smaller end of the market you’re spoiled for choice.”
He said industrial sales had seen interest from both owner occupiers and investors.
“In a recent 28 unit complex we sold together, we saw a real mix of buyers, including investors from Melbourne and Sydney, but it’s mainly owner occupiers,” Mr Giorgi said.
“The banks are favouring owner occupiers at the moment. They have to put less of a deposit down than the investors.
“Owner occupiers dominated sales in that complex, but we saw a lot of investors coming through as well.
“That would be unheard of a few years ago, you wouldn’t have investors coming in and buying vacant sheds. They bought them off the plan six months before they were complete.”
Mr McGrath said interstate investment into Canberra seemed to be increasing.
“Interstate investment has only been a small pool of investment historically in Canberra, but I think that’s starting to shift now. People are understanding that Canberra is attractive,” he said.
“It’s hard to get into the other markets and it’s expensive to get into the other markets. We have a stamp duty threshold here of $1.9 million, anything under $1.9 million is stamp duty free.
“We do have a leasehold system here which I think sometimes confuses people, but it really makes no difference.”
Along with industrial, Mr McGrath said alternative asset classes were also performing well.
“Childcare is still really strong which I think goes along with the demographic here with 70 per cent of our workforce in public service. So those mums and dads going to work have a need for childcare,” he said.
“Service stations and those sorts of assets don’t come up very often. Frank and I did sell one late last year where we sold four sites in one line, one of them being a service station, and we got a record price there.
“Everything seems to be attractive at the moment, it doesn’t matter how long your WALE or lease profile is, if you have the right tenant and it’s in a good location it seems to do well.”
Mr Giorgi said small retail spaces were popular with investors as well.
“Retail spaces around 100sqm at a shopping centre or strip mall are really doing well,” he said.
“They usually fall below the $1.9 million stamp duty threshold, it’s usually got a 5-9 year lease in place, and the tenant is often someone who has spent money on a fitout.
“Investors are seeing a lot of value in those retail spaces.”
While interest from private investors is growing, Mr McGrath said institutional activity was waning.
“We’ve seen institutions pull out of Canberra over the last 12-18 months,” he said.
“Around 15 years ago you could lock in a lease to a Commonwealth department with the expectation that you’d roll it over, but that doesn’t happen anymore.
“There’s a precedent being set there and institutions are becoming very nervous in that regard and they have pulled out of Canberra.
“The bigger transactions that have happened in Canberra in the $20-50 million mark have been local high net worth individuals or families.
“They’re the ones who understand the market, understand the planning, and understand the tenant profiles.”
Buyers see future gold at Olympic Park as sites snap up for $90M
Developers are seeing future potential in Sydney Olympic Park as works for the new metro station get underway, with two adjoining sites selling for a total of $90.88 million.
Located at 3 Figtree Drive and 6 Herb Elliot Avenue, the sites total a 21,302sqm land area with a potential GFA of 76,687.2sqm.
The properties were sold off market by RWC’s Peter Vines, Victor Sheu and Ian Hetherington on behalf of GPT Group.
The properties currently comprise industrial and office usage, but Mr Vines said the sites, which have been purchased by Freecity, had
the potential for residential, build-to-rent, and retail and hospitality usage.
The site directly adjoins the new Sydney Olympic Park metro site which is due to open in 2032.
“We’re seeing increased demand for well-located properties in higher value areas within close proximity to the future metro,” Mr Vines said.
“The new metro station will fully unlock Olympic Park as it is ideally situated between the Sydney CBD and Parramatta CBD.
“Because of its lack of transport connection Olympic Park has been undervalued, but with the new metro station just seven years away, developers and investors are starting to realise its potential.”
Double the expertise: Inner West duo crack the mixed-use market
In Sydney’s competitive Inner West property market, a new kind of collaboration is yielding impressive results, especially for vendors with mixed-use assets.
When it comes to selling a property that blends both residential and commercial elements, who’s the best person to handle the sale? According to two of Ray White’s leading agents, the answer is clear: it’s a mix.
Kristian Morris, Principal of RWC Sydney City Fringe, and Matthew Carvalho, Director at Ray White Surry Hills | Alexandria | Glebe | Erskineville, have formed a powerhouse partnership to target a niche yet increasingly popular asset class; mixed-use properties.
Their collaboration is producing standout results, with recent sales including:
• 139 St Johns Rd, Glebe – sold under the hammer for $2.5 million
• 172 St Johns Rd, Glebe – sold for $3.1 million
• 136 Percival Rd, Stanmore –sold $2.4 million in a tightly held precinct
• Retail space in Glebe – sold $2.5 million with multiple interested parties
The partnership began organically, sparked at a Ray White conference.
“We just got on well,” said Kristian Morris. “We work in overlapping territories, and there’s a strong presence of mixed-use stock across the Inner West. I invited Matthew to join the 172 St Johns Road campaign, and he brought immense value; our vendor was extremely pleased with the outcome.”
By leveraging their dual expertise - Mr Morris with deep commercial experience and Mr Carvalho with a stronghold in residential salesthey’re creating a broader buyer pool and stronger competition.
“Our clients benefit by getting direct access to two of the most active databases in the area,” said Mr Carvalho. “We’re both business owners, so we’re handson throughout the process. And we have different but complementary networks; this creates more exposure and better results.”
The mixed-use market is having a moment, with strong demand from both investors and owner-
occupiers.
“We’re seeing a lot of traditional residential investors turning to these properties as a smart entry into the commercial space,” Mr Morris said. “They like the flexibility and often the strong returns.”
A recent example is 139 St Johns Road, Glebe, which sold at auction for $2.5 million, well above expectations.
“We had three registered bidders, two were architects wanting to use the space for business and live upstairs,” Mr Carvalho said. “In the end, a couple purchased the building with plans to convert the entire site into a residence. The vendor was over the moon with the result.”
With market interest in hybrid assets showing no signs of slowing down, the Morris-Carvalho duo are proving that when it comes to selling mixed-use. Two heads - and two databases - are better than one.
Assets under management
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.
CONTACT HERE
RWC SC
POTTS POINT, NSW
Strategically positioned in the heart of Potts Point, this prime retail building benefits from exceptional foot traffic and easy access to public transport. Nestled within a vibrant precinct surrounded by renowned restaurants, cafés, and boutique retailers, this North facing corner block of 7 shops and backpackers has been held by the same family for over 20 years.
RWC SOUTHWEST
BEENLEIGH, QLD
KINGSTON QLD
This busy neighbourhood centre offers essential community services including a medical centre, pharmacy, Australia Post, hairdresser, and a variety of gift and food shops.
This corporate 800sqm tilt panel building located in Beenleigh offers a brand new 5 year lease term to a well established national tenant with multiple locations all over the country.
RWC ASSET MANAGEMENT (QLD)
WAVELL HEIGHTS, QLD
Fully leased 220sqm* retail centre with just three tenants on a prominent corner land parcel.
RWC BAYSIDE
QLD
72 Metroplex Place, Wacol, 4076
Ready to Occupy.
•From 133 m2 to 276 m2
•Ideal users: (but not limited to)
Trades & Construction Services, E-Commerce & Online
Retailers, Bulky Goods & Showroom, Luxury Automotive, Marine Services, Wholesale & Import/Export Businesses
•Each Unit includes, Mezzanine, Office Space, Kitchenette and WC with onsite PWD
•Internal Clearence: 7m* Height
•3-Phase Power Available Onsite
•Seamless Navigation: Full drive-through accessibility
•Dedicated Parking and Visitors Parking
•Tenant Led Design
101/157 McNaught Road, Caboolture, 4510
Functional Warehouse with Access to the Caboolture Airfield
This asset provides an opportunity for owner occupiers or savvy investors to purchase an industrial asset in one of the most tightly held industrial markets in the region. With outstanding fundamentals and significant growth prospects, this property represent a rare chance to capitalise on Moreton Bay's expanding economy.
• 825m2* freestanding industrial warehouse
• Located minutes to Bruce Highway among various commercial and industrial businesses
• Direct access to the Caboolture Airfield
• On Airport facilities including fuel and maintenance
• Taxiway to the tarmac at your door
• $37,418 gross holding income
• Various Commercial, Industrial or Aviation uses permitted
Offers To Purchase
Closing Thurs 22 May 4pm 1,234m2* allotment
Chris Massie 0412 490 840
chris.massie@raywhite.com
Troy Sturgess 0432 701 600
troy.sturgess@raywhite.com
RWC Northern Corridor Group Moreton Bay Location
raywhitecommercial.com
Change in Circumstance Forces Immediate Sale
Position - 136m2* building on a 603m2* allotment
Commercial Zoning - Move-in ready
Suited for office use, medical & dental (STCA)^
Functional Layout - Individual offices plus open-plan
Equipped with solar panels for reduced operating costs
Develop now, hold for capital growth, or lease
This property will be sold - don’t miss your chance
1,290m2* low-medium density residential land
20m+ waterfrontage with uninterrupted bay views
Fully equipped commercial kitchen
Previously a successful restaurant and function venue
1km* to Cleveland Point
Less than 3km to Cleveland Harbour and CBD
Under 2km to proposed Toondah Harbour development
Bayside
36-38 Moffat Street, Cairns North, 4870
Sale
Contact Agents Helen Crossley or Grant Timmins
Gross Lettable Area: 756 sqm
Outstanding Commercial Investment
Strategically positioned in Cairns Airport Precinct, this two-story property enjoys a high-profile presence. Modern and Versatile Design - This impressive, wellmaintained building has flexible spaces catering to a variety of commercial tenants. High-Quality TenantsSecure, long-term leases in place, ensuring stable rental income. Strong Growth Potential - Located in a thriving commercial precinct with increasing demand.
•Land Size: 1,193 sqm
•Gross Lettable Area: 756 sqm
•Ground Floor: 516 sqm | First Floor: 218 sqm
•Signage Space: 21.6 sqm for high-impact branding
•Parking: 20 spaces + 1 disability-accessible parking space
•Zoning: Light Industry
Enquire today for the full Information Memorandum
Helen Crossley 0412 772 882
helen.crossley@raywhite.com
Grant Timmins 0422 534 044
grant.timmins@raywhite.com
RWC Cairns
raywhitecommercial.com
78 Mount Peter Road, Edmonton, 4869
Own your own thriving takeaway located on a major road in Edmonton, Cairns. The shop is well-designed and has a variety of equipment to start serving, with the lease including the shop, onsite parking & 3 bedroom home. Your dream to be your own boss awaits.
The set-up:
• Shop Area 91 sqm*
• • Fully equipped commercial kitchen
• • Lease includes a 3-bedroom home on-site
The equipment:
? An extensive list of equipment is included in the WIWO sale, to be
Sale $150,000 + SAV
Land: 1019 sqm Shop: 91 sqm
3 bedroom unit Business Sale Opportunity includes on-site 3-bedroom accommodation
RWC Cairns raywhitecommercial.com
Susan Doubleday 0408 038 380 susan.doubleday@raywhite.com
Helen Crossley 0412 772 882 helen.crossley@raywhite.com
1,3,4,5/192 Mulgrave Rd, Westcourt, 4870
for Occupiers And Investors
Mulgrave Road, Westcourt, Cairns - A remarkable opportunity to
boasts a generous land area of 1,247 sqm and a well-designed building area of 503 sqm, making it ideal for various professional uses.
Key Features:
• Lot 1 - 184 sqm - Ground - Tenanted
• Lot 3 - 150 sqm - Level 1 - Tenanted
• Lot 4 - 45 sqm - Level 1 - Tenanted
• Lot 5 - 124 sqm - Level 1 - Tenanted
viewing, contact us today.
Sale Fully Tenanted Investment Building area of 503 sqm
Cairns
raywhitecommercial.com
Helen Crossley 0412 772 882 helen.crossley@raywhite.com
Grant Timmins 0422 534 044
*Approx
Lots 4, 5 & 9/32 Hastings Street, Noosa Heads, 4567
Hastings Street Retail Portfolio
•3 strata-titled investments in tightly-held A+ location
•Available for purchase individually or in one line
•Independent body corporate with nine commercial lots on a massive freehold 8,388m2* parent parcel site
•Lease terms range from 3-5 years on each tenancy
•Rental incomes from $167,500 to $309,399pa*
•Strong tenants - potential to improve as leases expire
•Lot 4: Sushi Sushi, 44m2*
•Lot 5: The G Contemporary, 68m2*
•Lots 9a & 9b: Oakberry & Boost Juice, 35m2* + 33m2*
Large Scale Mixed Use Development Site
Land currently has a 3 bedroom house with 2 bathrooms
Burleigh Heads Portfolio Sale
40 Annand Street, Toowoomba City, 4350 Offers To Purchase
Area: 3,160 square metres*
Olympic city investment -
With Toowoomba officially named as the host city for the 2032 Olympic equestrian event, the spotlight is now on the region as a major growth centre.
•Tenant in place delivering immediate returns
•Perfectly positioned to accommodate future hotel or short-stay development up to 12 storeys^
•Just 20m* from the Empire Theatre and close to major cultural and retail precincts
•Align with the city's Olympic-driven growth and infrastructure investment
•Next to Toowoomba Regional Council car park
•Leverage the Olympic effect and the region's profile
•Access to public transport, arterial roads and walkability to amenities
•Suitable for hotel, office, retail or mixed-use projects
Peter Marks 0400 111 952
peter.marks@raywhite.com
Brian Doyle 0434 551 628 brian.doyle@raywhite.com
RWC Toowoomba
raywhitecommercial.com
Thu 15 May 2025 4pm (AEST)
191m* frontage to Basella St and 44.9m* to Caladium St
One of Brisbane's most sought after residential localities
Zoned Emerging Community
All essential services at site boundary
Very limited future supply within Wakerley
Existing substantial residential dwelling
Positioned 14km* east of the Brisbane CBD
0408 999 755 james.hanley@raywhite.com
Fritzsche 0410 435 891 matthew.f@raywhite.com
raywhitecommercial.com
3 phase power, all weather awning
79-81 Mica Street, Carole Park, 4300
Mica Place - Carole Park 5 Freestanders Under Construction
•Five freestanding buildings from 1,214* to 1,606 sqm*
•Secure concrete tilt panel construction
•Column-free warehouse design-maximum usable space
•Motorised container-height roller doors
•All-weather loading zones with extensive awning coverage
•Two-level, air-conditioned corporate offices - modern amenities
•3-phase power supply suitable for industrial operations
•Generous parking with executive undercover spaces
•Brand new buildings offering depreciation benefits
•Expected completion in Q4 2025*, offering futureready space
Building: 1,214-1,606m2
Doyle 0412 853 366 andrew.doyle@raywhite.com Paul Anderson 0438 661 266 p.anderson@raywhite.com
Queensland
raywhitecommercial.com
4&5/44 Bryants Road, Shailer Park, 4128
•Total combined area - 126m2
• Shop 4 - 64m2 Vacant (projected rent $32,000 PA Net + GST + Outgoings)
• Shop 5 - 62m2 Leased (Belle Property)
• Current net income for shop 5 $30,000 PA Net + GST + Outgoings
• Tenant pays outgoings for shop 5, approximately $9,984 PA
• Multiple partitioned offices in both tenancies
• 2 New split system air-conditioning systems
• 2 Kitchenettes
• Each shop has its own amenities
• Floor safe in shop 5
• Security system
• Solar power (electricity discounts apply)
• Illuminated Pole signage underneath Subway
• Illuminated fascia shop signage
Sale Contact Agent
RWC Springwood
Aldo Bevacqua 0412 784 977 aldo.bevacqua@rwcs.com.au
Zane Bevacqua 0400 270 666 zane.bevacqua@rwcs.com.au
3103/2994-2996 Logan Road, Underwood, 4119
•Total area - 146m2
• Current net income - $50,876 PA ends 30th September 2025
• Just renewed 3 Year option until 2028
• 1 x 3 Year option remaining
• Outgoings paid by tenant
• Professional and quality fit-out
• Recently refurbished, new carpet tiles and fresh paint throughout
• 5 Separate offices
• Brand new air-conditioning throughout
• Large kitchen with meals area
• Bathroom amenities
• Disabled amenities
• Loading door & roller door at rear end
• Excellent access to central of portal with side access to toilets
• 2 Secure staff basement parking spaces
Sale $875,000 (Going Concern)
Springwood
Aldo Bevacqua 0412 784 977 aldo.bevacqua@rwcs.com.au
29/256
2
Boyne Island - Fully Improved Industrial Facility
This is the yard you've been waiting for.
A fully improved industrial base with new workshop, professional office and covered work areas.
• 270m2* high bay workshop area
• 132m2* professional office area
• 2 x portable office buildings
• Igloo and container installation
• Secure fully fenced yard
• Zoned 'Low Impact Industry' Vacant and ready for immediate occupation. This won't last long. Make your move today. Contact: Andrew Allen
Sale Offers over $820,000 (exc GST)
RWC Gladstone
Andrew Allen 0408 799 585 andrew.allen@raywhite.com
• Land area of 2.766* hectares
• Security fenced to street front
• Fully formed, levelled and compacted
• Dual accesses to South Trees Drive
• Zoned "Medium Impact Industry"
• All offers to Buy or Lease considered For Sale or Lease Lease rate negotiable. Contact Andrew Allen, Ray White Commercial Gladstone for more details.
23 South Trees Drive, Gladstone, 4680 Sale/Lease All offers considered
Andrew Allen 0408 799 585 andrew.allen@raywhite.com
NSW | ACT
119-131 Lenore Drive, Erskine Park, 2759
Expressions Of Interest
Closing Thursday 15 May 2025 at 12pm (AEST) 2ha* prime industrial development site
Site Area: 20,300sqm*
Zoning: IN1 General Industrial
One of the last remaining industrial development sites
Surrounded by national and international occupiers
Easy access to M4 and M7 Motorways
Nick Ward 0433 702 903
Leslie (Yifu) Li 0403 261 752
Samuel Hadgelias 0480 010 341
131m* frontage to Lenore Drive raywhitecommercial.com
RWC SC
site comprising three separate parcels of land
Conveniently located 2.1km* to the town centre
18 McPherson Road, Smeaton Grange, 2567
Expressions Of Interest
Closing Wednesday 21 May 2025 at 3:00pm (AEST) Freestanding warehouse with internationally awarded microbrewery
1,088sqm* freestanding warehouse split into 3 units
2,033sqm* total site area
Home to award-winning brewery, ready to operate
Approx. $350,000/year remission on excise duty
Vacant possession available
Excellent connectivity to M5, M7, Camden Valley Way
Ward 0433 702 903
Regan 0488 542 600 Samuel Hadgelias 0480 010 341
SC
45 Earle Street, Cremorne, 2090
Rare Opportunity To Acquire
1 x 4 bedroom, 2 bathroom, 1 car
1 x 3 bedroom, 2 bathroom, 1 car
2 northern aspect apartments to be sold in one line
Upper level balconies, garden and park views
Scope to return to original single residence (STCA)
Substantial land approx. 550.1sqm with 16.4m frontage
Close to quality schools, retail and dining precincts
71 Kelvin Park Drive, Bradfield, 2556
Development Opportunity in Australia's First New City in Over 100 Years
•Expansive land area of 20,100 sqm or 2.01 ha
•Benefits from a maximum building height of 52.5m and an Floor Space Ratio (FSR) of 2.5:1, offering strong development potential.
•Potential to develop 550 dwellings* with a maximum 50,000 sqm* of GFA.
•Situated within Aerotropolis Core Precinct
•Zoned Mixed Use (MU)
•1.6km* to Bradfield Metro Station
•5.5km* to Western Sydney International Airport
Expressions Of Interest
Wednesday 4 June 2025 at 3:00pm
Peter Vines 0449 857 100
Victor Sheu 0412 301 582
Troy Wang 0433051020
raywhitecommercial.com RWC Western Sydney
Two titles set over the property
Two street frontages with dual access
Gross annual income $128,440*pa
Potential to strata subdivide
Air conditioning in all units
4 parking spaces available
Level 7, 283 Clarence Street, Sydney, 2000
Warehouse offices
Steel framed building built in 1910 regarded as Sydney's first skyscraper. Full building refurbishment. New glass entry lobby, two new lifts. Common shower in basement. Building to feature an amazing rooftop bar over 2 levels.
•Loft style warehouse office space
•2 new lifts to service all floors
•Fitted w/ glass fronted meeting room, 18 workstations
•Fully refurbished building, lobby & facade w/ air con
•Polished hardwood timbers, 4-4.3M exposed ceilings
•Each floor consists kitchen and male & female toilets
•Internet fibre, (NBN and/or TPG) provided to tenant
27 Cronulla Street, Cronulla, 2230
Lofty Freehold Investment
RWC Sutherland Shire is proud to present this superior leased investment positioned prominently on Cronulla Street and within the recently refurbished Cronulla Mall which is surrounded by high quality occupants and National brands Rip Curl and Ghanda.
The building offers a total area of 250m2* which has been meticulously fitted out by The Loft Pilates who is secured on a 5 year lease until 30/4/29 with the lease providing for further options extending the term until until 2039.
• Premium freehold Investment
• Quality tenant with net income $205,650*
• Secure 5 year lease plus 2 x 5year options
• Blue chip Cronulla retail location
Auction 27 May 2025 at 6.00pm
Auction location: Cronulla RSL (38 Gerrale Street, Cronulla)
RWC Sutherland Shire
raywhitecommercial.com
2/185-189 Darlinghurst Road, Darlinghurst, 2010
Brad Lord 0439 594 121 blord@raywhite.com
Rodney Clarke 0452 273 384 rodney.clarke@raywhite.com
*Approx
RWC Sutherland Shire is proud to exclusively offer for sale 2/185-189 Darlinghurst Road, a prime retail investment. Nestled amongst prime retail, eateries an opportunity to acquire a safe versatile asset as a new wave of gentrified and cultured living evolves in Darlinghurst and Kings Cross surrounds.
• Long standing operator with long term lease
• Prime dining + liquor licensed
• 5 x 5 year lease
• Starting year 1 rent @$91,000 plus GST (1ST NOV 2024)
• Annual increases @4% per annum fixed
Sale Contact Agent
Michael Hatz 0466 605 005 michael.hatz@raywhite.com
RWC Sutherland Shire
VIC
1 & 2 / 8 Anzed Court, Mulgrave, 3170
Auction Friday May 30 at 11:30 am On-site & Online
Two premium warehouse / office spaces
•Buy one or both
•Building sizes | 498m2* & 392m2* respectively
•1/8 Anzed Court offering street frontage
•Air conditioned office areas
•High warehouse clearance with electric roller doors
•Three (3) phase power
•Amenities include M/F toilets, kitchen plus shower
•Car spaces on title
•Vacant Possession
•Special Use Zone | Schedule 6
George Kelepouris 0425 798 677
george.kelepouris@raywhite.com
Jonathan On 0479 003 122 jonathan.on@raywhite.com
RWC Oakleigh
raywhitecommercial.com
19-21 Peninsula Boulevard, Seaford, 3198
•Prime landholding | 1,605 sqm*
•Building area | 1,050m2*
•Medical grade warehouse facilities including Clean room | 600m2* (TGA Approved)
•Three street frontages
•Thirteen (13) on-site car spaces and ample street parking
•Industrial 1 zoning
•Prime Seaford corner location
•Easy ingress and egress & loading station
•Inspection will impress
George Kelepouris 0425 798 677
george.kelepouris@raywhite.com
Jonathan On 0479 003 122 jonathan.on@raywhite.com
raywhitecommercial.com
12/18-22 Lexia Place, Mulgrave, 3170
Premium industrial investment with long-term lease in Mulgrave
• Total building area |1,075 sqm*
• Secure 5 + 5 year lease commencing July 2024
• Annual rental |$214,089 + GST + Outgoings* (effective 1 July 2025)
• High-clearance warehouse with four glass-panel tilt doors
• Dual-level office including training and technical spaces
• Fiber internet, upgraded 3-phase power, warehouse extraction system & on-site gas
• LED lighting, disabled amenities with shower
• Generous on-site parking for 22 vehicles
• Convenient location near Stud Road, Wellington Road, and Ferntree Gully Road
Expressions Of Interest
Closing Tuesday June 5 2025 at 3:00pm
RWC Oakleigh
raywhitecommercial.com
Ryan Amler 0401 971 622 ryan.amler@raywhite.com
Jonathan On 0479 003 122 jonathan.on@raywhite.com
• 2x Street Frontage Office / Warehouses | 240m2*
• 4x Office / Warehouses | 223m2*
• Painted internal walls
• Sealed & polished concrete flooring
• Kitchenette with stone benchtops, matte black tapware, timber veneer cabinetry
• Fully enclosed mezzanine offices with viewing window
• Reverse-cycle heating & cooling
• Allocated car parking on-title for staff & visitors
• 3 phase power & remote-controlled roller doors
• Floor to ceiling tiles to all bathrooms, matte black tapware & shower facilities
• Industrial 1 Zone (IN1Z)
31 Franklyn Street, Huntingdale, 3166 Sale
Oakleigh
Theo Karkanis 0431 391 035 theo.karkanis@raywhite.com
RWC Ballarat
RWC Ballarat
WA
29 Victoria Street, Midland, 6056
Partially complete SDA accommodation facility
Under instructions from Receivers.
Property features:
•Partially complete SDA accommodation facility
•Land area - 896m2
•Set to comprise a four-level development with 12 apartments and a single commercial tenancy
•Central Midland location with proximity to public transport, medical and retail facilities
•Less than 100m from the Midland Gate Shopping Centre
16 Kwong Alley, North Fremantle, 6159
Harbourside development site
Under instructions from Receivers.
Property features:
•Shovel ready, cleared and unimproved lot ready for development (subject to approvals)
•Land area - 408m2
•Potential harbour and ocean views (subject to approved development)
•Multiple development options available (subject to approvals)
Area 10.9746ha 10
Zoned: Urban Development
518m* frontage to Bussell Highway
Direct route Perth to Margaret River/ Dunsborough
Multiple development options (STCA)
Central to Busselton and Bunbury
Expressions Of Interest
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com
Andrew Woodley-Page 0438 939 869 andrew.woodley-page@raywhite.com
3/23 Gillam Drive, Kelmscott, 6111
Modern, tilt-up constructed strata-titled unit positioned within a well-presented complex of six. Whether you’re looking to launch your own business operations or secure a high-potential investment, this property ticks all the boxes.
Sale Offers from $700,000 GST as a going concern
WA
This unit has the potential to generate approximately $40,050 + GST + Variable outgoings as a tenanted investment in the current market. Michael Milne 0403 466 603 michael.milne@raywhite.com
Michael Danagher 0403 049 989 michael.danagher@raywhite.com
Victor Aloi 0404 808 012 victor.aloi@raywhite.com
40/1, 40/2, 40A & 42 Savoy Road, Glen Eden, 0602
•3,236sqm Freehold Land •THAB Zoning
•Well-positioned development site Presenting 3,236 sqm of
Nestled in the heart of Glen Eden, this prime location offers seamless access to local shops, charming cafés, and the Glen Eden Train Station.
Just moments from Kelston Mall and a quick 4.5km drive to New Lynn Mall, you'll enjoy a wealth of retail, dining, and entertainment options at your doorstep.
Zoned for local schools, including Glen Eden School, Glen Eden Intermediate, Kelston Girls' & Boys' High Schools, and Kelston Intermediate. Surrounded by green spaces like Duck Park, Harold Moody Park, and Westview Reserve, this location provides the ideal balance of urban convenience and is perfect for young families.
Tristan Swart 0211758451
tristan.swart@raywhite.com
Stefan Powney 0211220382
stefan.powney@raywhite.com
RWC Auckland
raywhitecommercial.com
70-74 Millbrook Road, Henderson, 0612 Sale
Key Features: 3,622sqm Freehold Land Area
Mixed Housing Urban Zone Approx 40m road frontage
Prime Development Location in Henderson
Nestled in the heart of Henderson, 70, 72 & 74 Millbrook Road is primed and ready for development. This site offers substantial scale totalling 3,622 sqm of freehold land with Mixed Housing Urban zoning makes this a no-brainer for those ready to get stuck in.
Being at the centre of Henderson does have its benefits. 70, 72 & 74 Millbrook Road is just a stone's throw away from WestCity Shopping Centre, West Wave Pool and Leisure Centre, and Waitakere Hospital. This site is also zoned for Sunnyvale School, McLaren Intermediate and Henderson High School. It doesn't get more logistically well placed than this.
Tristan Swart +64 211758451
tristan.swart@raywhite.com
Stefan Powney +64 211220382
stefan.powney@raywhite.com
RWC Auckland
raywhitecommercial.com
PrimeSydenhamCorner Location
Thoroughlysoughtafter,highprofilecornersite,inthe heartofSydenham.Thistidy,contemporarybuilding offersahighlyvisibleshowroomwithfloortoceiling doubleglazingintheshowroomandinthefirstfloor offices,whichprovidesgoodnaturallight.Constructed fromconcretetiltpanelsandrecentlyrefurbishedtoa highspecification.
Showroom85m2*,1stflooroffices85m2*and storage/warehouse92m2*,Total263m2*.Seismically ratedat70%NBS.Itcomeswithamodernkitchenette, newLEDlighting,multipledatapoints,3heatpumpsand asecurityalarmsystemandonsitecarparking(3). Nowisyouropportunitytosecurethisqualityoffering, whichwillbesold.(*approx.)
TAS
13 Bridge Street, Richmond, 7025
Expressions Of Interest
Closing Thursday 22nd of May 2025, 4pm (AEST)
RWC Tasmania is excited to offer an iconic piece of Hobart to the market for sale - The Richmond Maze.
Key property highlights include:
•Newly developed restaurant and café area of 624 sqm*
•Total land area of 1.4ha* with room for further development (STCA)
•80 car spaces, perfect for large groups and buses
•Partly zoned general business, part rural
•Diverse income streams via restaurant, bar and maze sales
•Walk in walk out offering, considerable PPE value
•Significant improvements, providing possible depreciation benefits
•Approved DA for 381 sqm* of further commercial use, with base build already completed
Tom Balcombe 0417 979 194
tom.balcombe@raywhite.com
Trevor Fox 0419 355 917
trevor.fox@raywhite.com
RWC Tasmania
raywhitecommercial.com
