MAY 2026
PORTFOLIO
ONE OF BRISBANE’S MOST COVETED LANDHOLDINGS COMES TO MARKET (PICTURED: ROBERTSON ON JAMES, FORTITUDE VALLEY)
AUSTRALIA’S CONSTRUCTION ACTIVITY HOLDS FIRM
VICTORIA’S WORK FROM HOME LAW REVEALS A TALE OF TWO OFFICE MARKETS
Welcome to the May edition of Portfolio Magazine
James Linacre CEO RWC Australia and New Zealand
Hello,
Why auction in this market? At a time where there is some undeniable uncertainty around executing a property transaction, there is no clearer way to give buyers confidence than a public auction. It’s transparent. It’s competitive. And it removes the guesswork. Everyone can see where they stand, and that creates the confidence to act.
Across Australia and New Zealand, particularly in the private investor space, the depth of capital in the $210m range remains incredibly strong. This is the most active part of the market and it continues to be driven by individuals and families who are comfortable making decisions when they have clarity. They are not chasing speculation, they are looking for wellunderstood assets and a fair process. Auction gives them exactly that. It simplifies the decision and brings everyone to the same point at the same time.
There are some really consistent drivers here. Strong savings, ongoing wealth transfer, and a preference for tangible assets like property mean this buyer pool is always active. What changes is not their appetite, but their need for confidence. In a tighter market, they want to know they are competing on equal terms and not overpaying in the dark. Auction creates that environment. It puts the market in front of them and lets them make a clear decision.
Importantly, this is also the segment where momentum builds quickly. These buyers are engaged, they are decisive, and when they see competition, they lean in. That’s why auction works so well in the $210m space. It concentrates interest, creates urgency, and ultimately drives outcomes that reflect real demand. In this market, that clarity is everything.
This June, our Auction Showcase presents a unique opportunity to elevate your property above the noise. Every commercial asset taken to auction during the month will benefit from thousands of dollars in additional exposure, driven by a coordinated campaign that captures the attention of the entire industry.
Being part of the showcase not only amplifies visibility but also positions your property in front of a highly engaged, nationwide audience. It’s an opportunity to generate stronger competition, uncover exceptional outcomes, and connect with a diverse pool of motivated buyers.
If you’re considering your next move, there has rarely been a more strategic time to leverage the auction process and the reach of a national platform.
To learn more about how to be involved in our Auction Showcase, speak with your local RWC team or give me a call.
Have a great month,
James Linacre
Quick jump to a region
Can the “submarine state” keep up with its own success?
For decades, the South Australian capital was often whispered about as the “sleeping giant” of Australian real estate. But according to the experts at the latest Between the Lines Live webinar, that giant hasn’t just woken up; it’s running a marathon, and the infrastructure is struggling to keep pace.
Hosted by Vanessa Rader, head of research at Ray White, the session brought together two of the state’s most influential property voices: Oliver Totani, managing partner at RWC Adelaide, and Bruce Djite, executive director of the Property Council of Australia (SA). Together, they painted a picture of a state at a historic crossroads, fueled by the massive AUKUS defense project and a sudden surge in interstate investment.
THE AUKUS FACTOR
The shadow of the AUKUS nuclear submarine deal loomed large over the discussion. While often discussed in terms of geopolitics, the panel viewed it through the lens of local earth and concrete.
“AUKUS is a generational opportunity,” said Bruce Djite. “It’s not just about building submarines; it’s about the advanced manufacturing, the supply chain, and the thousands of people who will need places to live and work. We are talking about a fundamental shift in the state’s economic DNA.”
THE “WHITE-HOT” INDUSTRIAL MARKET
The most startling revelation was the sheer velocity of the industrial land market. What was once a steady, predictable sector has turned into a high-stakes race for space.
“In the last few years, we’ve seen land values move from $150 or $300 a square meter to knocking on the door of $1,000 in prime locations,” said Oliver Totani. “The growth has been double-digit year-on-year. We’ve moved from being a ‘value play’ for interstate investors to a primary target for institutional capital from Melbourne and Sydney.”
However, this growth comes with a catch. While South Australia has no shortage of raw dirt, it is critically short of “ready” land.
“We have a plethora of land, but we don’t have enough serviced land,” Mr Totani said. “You can have a hundred hectares, but if you don’t have the power, the water, and the road access, you don’t have a development. We are seeing a real bottleneck in getting ‘bench-ready’ sites to market.”
HOMES VS. JOBS
With a national housing crisis making headlines daily, the panel highlighted a growing tension: the competition between residential and industrial rezoning.
“Everyone talks about housing, and rightly so,” Mr Djite said. “But you cannot just build houses. People need jobs. They need logistics hubs to deliver their food and goods. We need to protect our ‘employment lands’ with the same ferocity we use to plan for residential growth. If we lose our industrial zones to housing, we lose the economic engine of the state.”
THE GOVERNMENT’S DOUBLE-EDGED SWORD
The South Australian government has signaled it is ready to step in, appointing a coordinator general to slash red tape and proposing a $500 million land acquisition fund via Renewal SA. While the panel welcomed the focus, they expressed a healthy dose of skepticism regarding the government’s role as a developer.
“The government needs to be the facilitator, not the competitor,” said Mr Totani. “The concern in the private sector is that when the government enters the market as a buyer, they can crowd out private investment. We need them to provide the infrastructure - the ‘pipes and wires’ - and then let the private sector do what it does best: build.”
A GLIMPSE INTO THE FUTURE
Despite the growing pains of labor shortages and construction costs, the mood remained resolutely “bullish.” Adelaide is no longer the affordable secret of the South; it is a competitive, high-growth market reaching for global standards.
As the webinar concluded, the message to investors was clear: the window of “easy” entry is closing, and the race for South Australian soil is only just beginning.
“The world is looking at Adelaide differently now,” Mr Djite said. “The challenge for us is to ensure that our infrastructure and our planning systems are as ambitious as the projects we are trying to land.”
Sydney city fringe records $1.15 billion in transactions as investors back supplyconstrained precincts
RWC (SC) has exclusively released The Commercial Edge: Sydney City Fringe Market.
The latest edition of its quarterly research series reveals that Sydney’s inner eastern commercial precincts recorded $1.15 billion in transaction volumes during 2025 across Alexandria, Darlinghurst, Redfern, Surry Hills and Woolloomooloo.
The findings point to sustained investor appetite for strategically located, amenity-rich commercial assets, even as broader market uncertainty and rising interest rates continue to shape acquisition activity.
The report shows that activity across the city fringe was driven by a combination of supply constraints, precinct-specific repositioning opportunities and strong demand for assets with defensive characteristics. While transaction patterns varied by precinct and sector, the overarching theme was clear: highquality assets in tightly held, wellconnected urban markets continue to attract capital.
Among the standout performers, Redfern led the city fringe with $451.1 million in total sales turnover, supported by major institutional activity in student accommodation and office assets.
Alexandria recorded $403.4 million in transactions, with industrial stock remaining tightly held despite limited supply.
Surry Hills posted $205.9 million in sales, underlining continued investor confidence in one of Sydney’s most tightly held office and mixed-use precincts.
Darlinghurst recorded $58.7 million in verified activity, while Woolloomooloo reached $28.8 million, up more than 70 per cent on the prior year.
The report also highlights significant precinct-level shifts that are reshaping the market outlook for owners, investors and occupiers.
Samuel Hadgelias, Managing Director of RWC (SC), said the report reflects the continued appeal of tightly held city fringe markets where location, accessibility and amenity remain critical to investment performance.
“The $1.15 billion in transaction volumes across Sydney’s inner eastern precincts during 2025 underscores sustained investor confidence in well-located, amenity-rich commercial assets, even as broader market uncertainty persists,” Mr Hadgelias said.
“What we are seeing across the City Fringe is a flight to quality. Investors and occupiers are backing precincts with strong
fundamentals, limited supply and a clear long-term positioning story. That is particularly evident in markets such as Alexandria, Surry Hills and Redfern, where asset quality, connectivity and scarcity continue to support demand.”
He said Darlinghurst, in particular, would be closely watched as public domain works along Oxford Street begin to reshape trading conditions and improve the long-term investment case for the precinct.
“The Oxford Street revitalisation strategy is one of the most significant placemaking announcements for the area in years. For commercial property owners and occupiers, it provides clarity around the future direction of the precinct and reinforces the value of activated, pedestrian-oriented commercial environments,” he said.
Looking ahead, the report notes that the Reserve Bank of Australia’s second consecutive rate hike in March 2026, taking the cash rate to 4.10 per cent, has reintroduced a degree of caution into the investment market.
However, RWC (SC) expects well-located assets in supplyconstrained markets to continue demonstrating defensive characteristics, with the higher cost of capital likely to intensify the market’s flight to quality rather than weaken it.
Experts unpack the high-stakes shift to ‘living sectors’ and private credit
As the Australian property market faces a complex “reset” in 2026, the latest Between the Lines webinar has identified a fundamental shift in how capital is being deployed.
As the Australian property market faces a complex “reset” in 2026, the latest Between the Lines webinar has identified a fundamental shift in how capital is being deployed. Vanessa Rader, head of research at Ray White, was joined by HTL Capital Solutions directors Mario Saia and Vasco Duarte to discuss why the traditional “buy and hold” residential strategy is being superseded by sophisticated “living sector” ecosystems and opportunistic commercial plays.
THE ‘FEBRUARY SHOCK’ AND THE RESILIENCE OF THE MID-MARKET
The discussion opened against the backdrop of the Reserve Bank of Australia’s surprise 0.25 per cent rate hike in February 2026, which brought the cash rate to 3.85 per cent (and later 4.10 per cent in March). While such a move typically cools the market, Mario Saia observed that the impact has been more about “assessment” than “retreat.”
“Rate rises are an immediate cost to the bottom line of a customer’s P&L,” said Mario Saia, national director of HTL Corporate Advisory. “But we aren’t seeing a crisis. 80 per cent of people are ahead of their mortgage payments, and there is a massive ‘wealth effect’ from rising house prices and a strong share market. This wealth
creates spend, and when there’s spend, business is doing okay.”
CO-LIVING: THE ‘FUNKY’ NEW INSTITUTIONAL DARLING
The panel identified co-living as the breakout asset class of the year. No longer a niche concept, it has hit a critical mass of 10,000 units nationwide as institutional investors from Japan and Korea move in.
“People misunderstand co-living as just a ‘boarding house,’ but it’s a high-quality, community-driven alternative,” Mr Saia explained. “It meets the demand of the young professional and key worker. For developers, it stacks up because you need less land, parking is limited, and the rental returns per square meter are much more favorable.”
FAMILY OFFICES AND ‘DRY POWDER’
Vasco Duarte, national director of HTL Private Office, highlighted that the “ultra high net worth” segment is playing a different game in 2026. Rather than worrying about serviceability, these families
are focused on generational wealth transitioning and counter-cyclical opportunities.
“We are seeing families looking for ‘opportunistic buys’ in the office and commercial space while the market is tough,” Mr Duarte said. “They are looking at the other side of the balance sheet - how to protect the family and guide them through the life cycle of wealth transition. They have the liquidity and the ‘powder’ to move when others can’t.”
Mr Duarte also pointed to the rise of Build-to-Rent (BTR) as a “hold forever” asset for these families, particularly in “transport-oriented development” (TOD) zones. “We’re seeing clients build luxury assets where they retain 50 per cent of the building for recurring income that serves the next generation.”
THE PRIVATE CREDIT REVOLUTION
With major banks remaining cautious, 2026 has seen private credit become a mainstream pillar of the Australian property industry.
“The private credit fund market is big, strong, and developing,” said Mr Saia. “It has shaken up the traditional banking model. Our role is to pitch projects to these funds; whether it’s a manufacturer, a developer, or even a community club looking to diversify. They offer a flexibility that the major banks often can’t match in this environment.”
DIVERSIFICATION: THE CLUB MODEL
The webinar also highlighted an unusual trend: Community clubs becoming major property players. By leveraging underutilised land and “air rights,” clubs are diversifying into on-site childcare and gyms, aged care and retirement villages and on-site accommodation and hotels.
“Relying on just food and beverage or gaming puts a club at risk,” Mr Saia observed. “We are helping them build sustainable, long-term businesses by activating their land holdings into community-centric assets.”
LOOKING AHEAD: THE ‘LIVING ECOSYSTEM’
Vanessa Rader concluded the session by noting that 2026 is the year property professionalised. “We are moving away from fragmented private landlords toward an integrated housing ecosystem,” Ms Rader said. “Whether it’s co-living, BTR, or luxury family-held commercial assets, the ‘living sector’ is no longer a collection of niches, it is the market.”
Australia’s construction activity holds firm as infrastructure and data centres reshape the skyline
VANESSA RADER Head of Research
Ray White Group
Australia’s construction sector remains at an elevated level of activity heading into 2026, with the latest Rider Levett Bucknall (RLB) Crane Index recording 838 cranes across the nation’s skylines, down marginally from 845 in Q3 2025. The national count sits 5 per cent below its 2023 peak, yet the composition of that activity is shifting considerably, away from the residential cycle that defined earlier years, toward infrastructure megaprojects, technology-driven facilities, and mixeduse development.
The sector breakdown tells the clearest story of change. Residential cranes fell by 30 to 468, now representing 55.8 per cent of the total, down from nearly 60 per cent in Q3 2025. Civil cranes rose by 21 to reach 80, accounting for 9.5 per cent of national activity, while mixed-use added 11 cranes to sit at 119 nationally. These shifts reflect a construction pipeline increasingly shaped by government-committed infrastructure and technology sector demand rather than speculative residential development.
Record highs were recorded in two markets this year. Adelaide reached 29 cranes, up three since Q3 2025, with residential activity underpinning the result alongside rising commercial and health-related construction. The Gold Coast reached 75 cranes, up eight, with residential projects accounting for 93 per cent of activity. This marks the first time the Gold Coast has recorded more cranes than Brisbane, which fell nine cranes to 64 as civic and commercial projects concluded. Canberra rebounded strongly from 12 to 22 cranes, while Perth added one to reach 40, suggesting the market has found its footing after a period of moderation.
Commercial office cranes continued their decline, falling from 48 to 39 as projects reach completion against a backdrop of persistent vacancy pressures. With high vacancy rates already weighing on the feasibility of new commercial development, rising interest rates have increased the cost of construction finance at a time when build costs are elevated, with global supply chain disruption and geopolitical uncertainty adding further pressure to material pricing. Labour availability and productivity continues to be a constraint across major markets, extending project timelines and compressing margins. Together, these conditions are likely to see a number of commercial projects placed on hold, as the economics of new development become harder to justify without significant pre-commitment or anchortenancy.
Residential development faces its own set of pressures. Rising construction costs and financing conditions are eroding project viability for many developers, and where projects can no longer be delivered at feasible returns, more sites are likely to come to market rather than proceed to construction. This points to a potential slowdown in new residential activity over the near term, adding further complexity to an already constrained housing supply environment.
What is likely to sustain broader construction activity through this period is the weight of committed government infrastructure investment. Civil cranes are already rising and the runway to the 2032 Brisbane Olympic Games, combined with major infrastructure programmes already underway across the country, will underpin a strong pipeline of civil work for years ahead. This government-backed activity, alongside continued growth in data centres, health, and aged care facilities, is expected to offset softening in private residential and commercial construction as those markets navigate a more challenging development environment.
Victoria’s
VANESSA
RADER Head of Research Ray White Group
work from home law reveals a tale of two office markets
Victoria made history last month, becoming the first jurisdiction in the world to legislate a right to work from home. From September 2026, Victorians whose roles allow it will have the legal right to work from home two days a week, with disputes handled through the Victorian Equal Opportunity and Human Rights Commission. The announcement has reignited the national debate about hybrid work, but as the policy conversation accelerates, a more complicated picture is emerging about what prolonged remote work is actually doing to people and to the office markets left in its wake.
Yet the conversation around working from home is rarely as straightforward as the policy framing suggests. The flexibility and time savings are real and genuinely valued by many workers, but so too are the less discussed costs that have been accumulating quietly since 2020. There are a growing number of the community who suffer from mental health conditions, whose difficulties trace back to prolonged remote work, loneliness, social anxiety and a gradual erosion of the confidence that comes from daily interaction with other people. The simple act of commuting, long criticised as wasted time, turns out to carry its own value: light physical activity, a mental boundary between work and home, a reason to be somewhere. Years of working from the kitchen table have left some people struggling to re-enter social and professional settings that once felt entirely natural. The hybrid model, splitting the week between home and office, is broadly regarded as the healthiest arrangement, offering flexibility without the isolation that full-time remote work can quietly foster.
Roy Morgan research covering the year to June 2025 shows that 46 per cent of employed Australians, or more than 6.7 million people, work from home at least some of the time. By capital city, 55 per cent of Sydney’s office workforce and 52 per cent of Melbourne’s work from home at least part of the week. Brisbane and Perth sit considerably lower, at 43 per cent and 40 per cent respectively. It is in those figures that the divergence in office market performance begins as it directly feeds into ongoing demand for business accommodation.
Melbourne CBD carries the most difficult outlook of any major market. Vacancy sits at 19 per cent, over one million square metres of available space, and while annual absorption of 29,475 sqm is a positive result in isolation, at that pace the overhang would take many years to clear without significant stock withdrawal. New supply of 100,618 sqm entered the market in just the past six months, adding further pressure to a market that has consistently recorded an elevated CBD work from home rate. The formalisation of two days from home as a legal entitlement can only add further weight to that challenge, with recovery remaining a long horizon for most landlords.
Sydney’s trajectory is more encouraging. Vacancy at 13.8 per cent is considerably lower, and annual net absorption of 21,657 sqm was recorded despite 84,553 sqm of new supply entering the market over the same period. That supply has masked genuine strengthening in demand, with occupiers gravitating toward premium stock and the economics of new development becoming increasingly prohibitive. The conditions for gradual vacancy compression are building, even if progress remains measured.
Brisbane and Perth present the clearest evidence of what lower work from home penetration delivers for office fundamentals. Brisbane CBD vacancy stands at 11.8 per cent, with annual absorption of 37,480 sqm, the strongest result among the major CBDs. Perth CBD recorded 6,429 sqm of annual absorption, bringing vacancy to 16.9 per cent, with improving business activity tied to resources and defence spending providing additional support. Both markets benefit from a workforce spending more days at the desk, and neither is likely to see Victoria’s approach replicated in the near term.
Adelaide tells a layered story. With a work from home rate of just 45 per cent, demand conditions should be favourable, and annual absorption of 33,023 sqm is impressive. Yet vacancy at 15.5 per cent reflects the structural reality that Adelaide’s economy does not generate the volume of office demand needed to absorb past supply additions quickly.
Melbourne’s suburban office markets compound the city’s challenges further. St Kilda Road vacancy has reached 31.6 per cent with negative annual absorption of 48,711 sqm, while smaller, Southbank carries vacancy of 15 per cent with negative absorption over the past year. Both markets sit in the shadow of a CBD that is itself struggling to absorb demand, leaving little room for suburban recovery in the near term. Legislating remote work as an entitlement risks entrenching the very behaviours that have driven Melbourne’s office markets to where they are today. With suburban vacancy already at crisis levels and CBD stock proving slow to absorb, anything that further normalises days away from the office will only extend the recovery timeline for a market that can ill afford it.
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 GLEN WAVERLEY
MOE,VIC
The Jewel of Regional Victoria: Moe Motor Inn Nestled in the gateway to Gippsland, this 30-room hospitality asset . With an established, high-performing tenant already in place, our PM team is excited to bring it under management with long-term growth potential in a booming regional hub.
RWC NORTHERN CORRIDOR GROUP
EUMUNDI,QLD
Formerly Joe’s Waterhole, a historic Queensland pub dating back to 1891, the property underwent a $7.5 million transformation before reopening in December 2023 as Matso’s Brewery. This investment has delivered premium infrastructure and modern facilities, underpinning a secure, long-term opportunity.
RWC TOWNSVILLE
TOWNSVILLE,QLD
Linear Industrial Park - Linear Industrial Park is a modern, secure warehouse facility with 32 separate lots. The industrial park features a premium-quality, low-maintenance structure for a worry-free investment. RWC Townsville has 9 lots under management.
QLD
Prime 82sqm Medical & Professional Office Ready in the Heart of Bald Hills
Position your business in the centre of the Bald Hills commercial hub, next door to a thriving medical centre. This highly accessible, 82sqm ground-floor suite is primed for orthodontic services, allied health, or professional services, offering critical existing infrastructure to minimise setup costs for the right operator.
•Net Lettable Area (NLA): 82sqm
•Zoning: District centre zone (DC1)
•Parking: 1 onsite and ample street parking.
•Located steps away from the Bald Hills Train Station, ensuring high visibility to the local community.
27 Dixon Drive, Pimpama, 4209
Lease | Secure your spot in central Pimpama's prime fast food hub
Position your brand in one of Queensland’s fastestgrowing catchments. These two separate, secondgeneration drive-thru pads offer incoming operators massive upfront capital savings and immediate access to a high-traffic retail center. The complex features extensive shared customer parking and accessible bays to support high-volume trade.
235m2 Dual Drive-Thru (Large Format)
118m2 Single Drive-Thru (Join Top Brands)
Both properties are presented in walk-in ready condition, providing your fit-out team with immediate access to seamlessly integrate your corporate branding and execute custom interior modifications.
L2/200/448 Boundary Street, Spring Hill, 4000
Strategic Medical & Allied Health Suite in Spring Hill's Premier Precinct
Secure your place in Spring Hill's prestigious medical corridor at 228/400 Boundary St. This 125sqm professional suite is an ideal opportunity for specialists and allied health professionals to leverage off a highperforming cosmetic plastic surgery clinic.
Property Highlights:
•Synergy: Join established surgical and retail tenants in a high-end space.
•Location: Minutes to the CBD, St Andrew's, and Brisbane Private Hospitals.
•Amenities: Newly fitted shared bathrooms, onsite cafes and a post office.
•Parking: Rare onsite car parking providing ultimate patient convenience.
Units Available for Sale From: 221SQM* to 462SQM*
Units Available for Lease From: 97SQM* to 462SQM*
5m Roller Doors for Operational Efficiency
Amenities include: Kitchenette and Bathroom Facilities
Ample 3-phase power available for every tenancy
MRV and HRV Access & Turning Circles
Secure Gated Access
Sizes Range: 101SQM* to 643SQM*
6m roller doors for operational efficiency
60amps 3-phase and 80amps 3-phase units
Full drive-through accessibility
Internal kitchenette and bathroom facilities MRV access
Estimated Project Completion Q3 2026
current DA approval
2,814m2* site with ocean and hinterland views
Four titles with holding income in place A stroll to shops and entertainment precinct
Less than 2km to domestic and international airport
Near beaches and clubs SEARS Approved 18,100 GFA/FSR 6.425:1 approx STCA
Gold Coast
Eagle Farm Corporate Park
90m* frontage to busy Kingsford Smith Drive
Ultra-modern design by Sparc Architects
Air conditioned offices + amenities in each unit
Full height concrete tilt panel construction
Fenced & gated site + security cameras & patrols
Due for completion August 2026
18208 Warrego Highway, Dalby, 4405
Industrial freehold with transport, manufacturing and retail business
The opportunity is available either as a freehold property purchase or as a combined acquisition including the established manufacturing, transport retail and spare parts business.
•Large 4.44Ha* industrial site
•Multiple industrial buildings including manufacturing/workshop sheds
•Separate retail shop and parts/service building
•Extensive hardstand suitable for trucks and machinery
•Direct access and exposure to the Warrego Highway
•Suitable for transport, logistics, manufacturing or agricultural businesses
•Located in major transport and agricultural hub
•Opportunity to purchase property only or property and operating business
1.419ha* site zoned 'Medium Density Residential'
Multi-tenanted industrial building, substantial hardstand
Two street frontage to Old Cleveland Rd & Brewer St
Thurs 4 June 2026, 4pm
Moore 0413 879 428
Sinclair 0487 183 573
Bayside raywhitecommercial.com
Fully let nett income estimate of $199,000* pa
Four of five tenancies currently leased, Close proximity to essential and lifestyle amenity
Only 15mins* to Cleveland and Stradbroke Island Ferry
Williams 0411 822 544
Special Projects QLD raywhitecommercial.com
171-181 Robertson Street, Fortitude Valley, Qld, 4006
Rare Development Opportunity James Street Precinct
•One of Australia’s most tightly held retail and lifestyle precincts.
•1,651m2* Site Area (34.8 metres* Street Frontage).
•Desirable MU1 Mixed Use (Inner City) zoning.
•Improved by two existing commercial buildings (1,769m2* GLAR and 24 car parks*).
•100% leased to strong tenant covenants (short WALE).
•$1,187,907 p.a.* Net Income.
•Vacant Possession of the site can be obtained in 2028 (or sooner by negotiation).
Total land area - 1,993m2
Council approved to operate open air sales yard
260m2 Two story office/residence
Asphalted display yard area
90m2 4 Bay workshop with opportunity to extend Fully fenced and secure
Corner location offers great exposure and access
83 Hanson Road, Gladstone Central, 4680
Buy or lease - high profile Hanson road location
3,448m2* site area
Among the most high-profile positions in Gladstone, the rare chance to own or lease a large property on Hanson Road is available now.
•Vacant possession available
•3,448m2* total site area
•43m* frontage to Hanson Road
•380m2* of showroom, office and workshop
•100m2* awning
•Large yard for truck turnaround
•Available from 1st April 2026
4,043m
2* Redcliffe Health Development Site with Holding Income
2636 Portwood Street, Redcliffe presents a 4,043m2* development site within the Peninsula’s established health and commercial precinct.
•4,043m2* landholding across six lots
•Current holding income of $86,246 from a mix of commercial and residential tenancies
•Potential to increase holding income to $210,000+ due to vacancies
•Dual street access enhancing design flexibility and staging capability
•21m height limit allowing for multi-level development outcomes
•Positioned amongst established commercial and healthcare users
Offers to Purchase close 4 pm, 15th May, 2026
Dual Highway FrontageLandmark 8,453 sqm Development Site
8,453sqm premium corner allotment within a masterplanned estate
Dual frontage to Bruce Highway (A1) & Gillies Range Road
Direct highway access via an approved northbound slip lane
Preliminary approval for 3-lot subdivision (min. 2,500sqm each)
Code assessable uses with approvals in place through to 2032
Internal road network to FNQROC Industrial Collector standards
All services connected and ready for development No known flooding or contamination constraints
Located 24km south of Cairns CBD in a high-growth corridor
Move In Ready - Brand New Industrial Units Available for
Sale or Lease
FLETCHER by LRP Developments represents a strategic opportunity for investors, tenants, and owner-occupiers alike. Whether you are looking to scale your business operations, establish a flagship showroom, or diversify an investment portfolio, these units deliver the infrastructure required for long-term commercial performance.
103m2 to 292m2 customisable open-plan layouts already complete and ready to occupy immediately, eliminating the lead time and risks associated with new construction.
The location logic is undeniable. Just a minute from the M1 , and major retailers like Costco, Bunnings, and Westfield.
Sale/Lease Contact Marketing Agents for Pricing
Grant Turner 0457766812 grant.turner@raywhite.com
Julie Ryan 0447445453 julie.ryan@raywhite.com
raywhitecommercial.com
117 Archibald Street, Paget, 4740
Offering 1,554m2 of premium customisable showroom space. While currently designed as two 777m2 tenancies, this is a rare opportunity to customise the configuration to suit your specific requirements if secured prior to construction.
Anchored by Porter's Mitre 10 Trade store, this precinct is the go-to destination for Mackay's tradies and industrial workforce brands being represented within a 5 min radius.
Paget encompasses a combination of heavy and light industrial areas, residential zones, and airport operations. The area is central to where "tradies" go for their requirements and is situated in the southern highgrowth corridor. Also benefiting from excellent visibility and location, with over 20,000 vehicles passing this corner site on a daily basis.
Lease Contact Agent
Julie Ryan 0447445453 julie.ryan@raywhite.com
Grant Turner 0457766812 grant.turner@raywhite.com
34 Parker Street, Maroochydore, 4558
Growth area under Proposed Sunshine Coast Planning Scheme
Proposed uplift from 8.5m to 35m (up to 10 storeys)^
644m2* rectangular site with 16m* frontage and 40m* depth
Less than 800m* to SunCentral Maroochydore CBD
Direct access to Aerodrome Road transit corridor
Minutes to Sunshine Plaza, Ocean Street & Cotton Tree
Expressions Of Interest
Closing 7 May 2026
RWC Noosa & Sunshine Coast
raywhitecommercial.com
Rachel Cadamy 0455 902 627 rachel.cadamy@raywhite.com
David Brinkley 0448 594 361 david.brinkley@raywhite.com
89 Blackall Terrace, Nambour, 4560
776m2* level rectangular site with 21m* metre streetfront
220m2* building
Central location in the medical precinct adjacent Nambour Hospital
Medium Density Residential zoning - adjoins Local Centre zoning
Large secure on site car park Hospital precinct development site
Potential refurbishment or redevelop (STCA)^
Auction On site 11:00am Friday 29/5/26
RWC Noosa & Sunshine Coast
raywhitecommercial.com
Adam Morley 0476 168 712 adam.morley@raywhite.com
Brenton Thomas 0407 693 467 brenton.thomas@raywhite.com
NSW | ACT
Suite 1302, 1 Castlereagh Street, Sydney, 2000
New spec fitout in Sydney's Financial Core
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
•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
Level 3, 435a - 441 Kent Street, Sydney, 2000
The Carla Zampatti Building
The Carla Zampatti Building is a truly unique warehouse office building located in the western Corridor of Sydney. There is basement parking, bike racks and showers. Tenancies feature polished timber floors and brick walls.
•One of the largest warehouse floor plates in CBD
•Top floor with pitched ceilings, timber floors, central light well
•Large boardroom, meeting rooms, capacity for up to 100 desks
Part Level 5, 35 Lime Street, Sydney, 2000
Prime
Top Floor Corner Suite - 203m2 - King Street Wharf
Sensational opportunity to purchase this stunning strata office located on the top floor office in King Street Wharf's exclusive waterfront strata development
•Strata area of 203m2, plus one car space
•Offered with vacant possession
•Coveted corner suite with three sides of natural light
•Premium top-floor position
•Prime waterfront location
•Outstanding views & loads of natural light
•Great views overlooking Darling Harbour
1069-1075 Botany Road, Mascot, 2020 Auction 16th June 2026 - 10.30am
50 Margaret St Sydney
Exceptional Development Opportunity - Mixed Use Potential
Deceased Estate - Must be Sold at Auction!
Rare opportunity to acquire a 1,230.7sqm holding across 4 titles in a highly sought-after Mascot location, first time offered in 50 years. The site has strong development potential and is well positioned close to shops, cafés, Mascot Train Station, Sydney Airport and the CBD, suited to residential and mixed-use development.
•Residential and mixed-use opportunity
•Site area 1,230.7sqm (approx.) over 4 titles
•26m Botany Road frontage with dual access via Tunbridge St
•Four tenancies providing holding income
•Zoned E1 Local Centre / R3 Medium Density
Anthony Vella 0412 232 904 a.vella@rwcss.com
Phillip Elmowy 0425 285 444 p.elmowy@rwcss.com
RWC South Sydney
raywhitecommercial.com
20 Riley Street also known as 156-158 Henry Street, Penrith, 2750 Auction In-Room Auction
Monday 11 May 2026 11:00am 150 George Street, Parramatta
Trophy Corner Retail Investment - Penrith CBD
•Fully leased to St George/ Westpac & York Jewellers
•Prominent land holding of 904.5sqm with 916.3sqm of building area
•Net annual income of $448,072.98
•Long term leases in place, offering a strong Weighted Average Lease Expiry (WALE)
•Zoned E2 Commercial Centre
•Significant dual street frontage to Henry Street and Riley Street
•Prime main street exposure with high foot traffic
•Immediate access to an abundance of local amenities and public transport
•Significant projected growth for Penrith LGA with opening of Badgerys Creek Airport
raywhitecommercial.com
92-94 Railway Crescent, Jannali, 2226
'Trackside Treasure'
RWC Sutherland Shire is pleased to present this light-filled 202m2* first floor retail space, ideally positioned atop one of the best refurbished buildings in the heart of Jannali. Featuring a versatile open-plan layout with an additional 23m2* balcony, it suits a wide range of businesses. Located in a prime growth area it is just moments from public transport and surrounded by local cafés, professional services, and the Union Hotel.
• Grease trap
• 3 allocated car spaces
• Full after-hours access to the car park, comprising 9 car spaces
• Private amenities
• Great exposure & high traffic area due to proximity to train station
• Balcony provides prime street frontage & great signage opportunity
Lease Contact Agent
RWC Sutherland Shire
raywhitecommercial.com
Brad Lord 0439 594 121 blord@raywhite.com
Isaac Longmuir 0431 360 508 isaac.longmuir@raywhite.com
18/20-24 Gibbs Street, Miranda, 2228
Dream - Prime Office Suite with Established Tenant
Exclusively presenting for sale this high quality, light filled strata office suite in one of Miranda's premier commercial precincts. Currently occupied by Grange Wealth Advisors for the past 10 years, this solid tenant is on a secure lease until 31/01/2029 + options.
The tenant currently pays $46,429.98 per annum (excl. GST) with tenant covering most of the outgoings. This tightly held complex is an investors dream. Home to many specialist doctors and medical professionals with very few suites hitting the market for sale.
• 78m2* office space
• Two secure car spaces
• Long term, stable tenant
• Net rent - tenant pays most outgoings
• Highly maintained strata complex
Sale Contact Agent
RWC Sutherland Shire
Brad Lord 0439 594 121 blord@raywhite.com
Isaac Longmuir 0431 360 508 isaac.longmuir@raywhite.com
• Ideally situated in Mayfield's emerging retail/commercial precinct with prominent Maitland Road frontage
• 297m2* footprint readily adaptable to accommodate a range of potential uses^
• Versatile MU1 Mixed Use zoning provides for a potentially diverse range of commercial/residential development upside potential^
• Capitalise on the strategic location, multitude of uses, and buoyant emerging city fringe opportunities
• Offered with vacant possession or short term lease back, subject to purchaser preference
• Rear lane access
Expressions Of Interest Campaign closing 4PM on Tuesday 19 May 2026
RWC Newcastle
Lee Follington 0417 443 478 lee.follington@raywhite.com
2 Kerr Street, Mayfield, 2304
• Ideally situated in Mayfield's emerging retail/commercial precinct
• Outstanding diverse adaptive use potential^
• A blank canvas opportunity in a strategic location
• 372m2* site area
• 225m2* building area
• R3 Medium Density Residential zoning
• Offered with Vacant possession or short term lease back, subject to purchaser preference
Expressions Of Interest
Lee Follington 0417 443 478 lee.follington@raywhite.com
VIC
22 Teton Court, Highett, 3190
Auction Fri 8th May 2026 at 11:00am (On-site & Online)
•Total building area | 597m2*
•Total land area | 778m2*
•Stand-alone industrial freehold
•Vacant possession
•Renovators delight with value-add potential
•Close to Moorabbin & Cheltenham industrial precincts
•Suitable for owner occupiers, investors and speculators
•Excellent access to major arterials
Ryan Amler 0401 971 622
ryan.amler@raywhite.com
Jonathan On 0479 003 122 jonathan.on@raywhite.com
RWC Oakleigh
raywhitecommercial.com
2-4 Hamilton Place, Mount Waverley, 3149
Multi Tenanted Investment in the heart of Mount Waverley
• Combined building area | 570m2*
• Total land area | 376m2*
• 3x separate titles offered as one
• Future multi-level development potential (STCA)
• Current combined income | $172,569 p/a + GST + Outgoings
• Tightly held retail strip with strong local and commuter foot traffic
• Commercial 1 Zone (C1Z)
Expressions Of Interest
Closing 20th May 2026 at 5:00pm
RWC Oakleigh
raywhitecommercial.com
George Kelepouris 0425 798 677 george.kelepouris@raywhite.com
George Ganavas 0478 634 562 george.ganavas@raywhite.com
Chapel Street, Prahran, 3181
Prime Corner Position Shop and Dwelling
• Land area | 177 m2*
• Total building area | 220 m2*
• Including ground floor retail area | 100 m2*
• First floor office/residence - 3 bedrooms / offices | 120 m2*
• Airconditioned throughout
• Dual frontage offering corner, exposure plus rear courtyard
• Substantial public car park
George Kelepouris 0425 798 677 george.kelepouris@raywhite.com
George Ganavas 0478 634 562 george.ganavas@raywhite.com
WA
Development Opportunity
2 development site
Ratio of 5.5:1 with potential of up to 8:1 4 level office building - 5,687m2 & 50 car bays
CBD landholding with multiple development opportunities
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com
Andrew Woodley-Page 0438 939 869 andrew.woodley-page@raywhite.com
Iron Clad Investment
• 23,050m2 prime office tower at the western gateway to the Perth CBD
• 280 total parking bays including Wilson Parking station
• 100% fully leased freehold asset with an attractive WALE by income of 5.5 years (approx.)
• Leased to Fortescue (ASX:FMG) at sustainable rental levels
• Expansive circa 3,000m2 floorplates (lvl 1-6) around a central core offering tremendous flexibility, natural light and panoramic views
• The lessor and tenant have invested c. $80 million into the building
• NABERS 5 star BEEC Certified
256 St Georges Terrace, Perth, 6000 Expressions Of Interest
WA
Andrew Woodley-Page 0438 939 869 andrew.woodley-page@raywhite.com
Brett Wilkins 0478 611 168 brett.wilkins@raywhite.com
TAS
50 Victoria Street, Hobart, 7000
Boutique Professional Offices in Hobart CBD
RWC Tasmania has been appointed to sell 50 Victoria Street, Hobart - a functional two-storey brick building, constructed in 1914, offering a rare combination of charm and future versatility.
Key property features include:
+ Charming features and high-visibility street presence
+ Selling with vacant possession, ideal for owneroccupiers
+ Potential for a new lease with existing/new tenant
+ Total building area of 253 sqm*
+ Strategic CBD Landholding of 152 sqm* allotment
+ Abundance of high-convenience parking options
+ Located in the heart of Hobart's professional and commercial precinct
+ Flexible Central Business zoning
147 Macquarie Street, Hobart, 7000 Sale Expressions Of Interest closing Thursday, 7th May at 4pm (AEST)
CBD Freehold with Significant Income Upside
RWC Tasmania is proud to present 147 Macquarie Street, Hobart. This prominent freehold occupies a 636 sqm* site on a major arterial road, offering retail tenancies and five office levels within Hobart's core commercial and legal precinct. It provides immediate holding income with clear potential for refurbishment, leasing growth, or owner-occupation.
+ Gross Building Area 2,160 sqm*
+ Strategic CBD location, with excellent exposure + Tenant mix includes Dominos, State Government, financial and professional services
+ Diversified income stream with significant upside + 11 onsite car parks
+ 5-Star NABERS Energy rating
Heather Mason 0415 448 378
heather.mason@raywhite.com
Hayden Peck 0412 766 395
hayden.peck@raywhite.com
RWC Tasmania
raywhitecommercial.com
SA | NT
Offers exceptional design flexibility & built form efficiencies Expressions Of Interest Closing Friday 22nd May at 4pm (ACST) Situated within a high-growth, transforming CBD precinct
Capital City Zoning with increased height limit of 53m* (STCC) Holding income in place through car park license
Tidy Industrial Warehouse Unit
Versatile industrial warehouse unit. Formally used for scientific consulting work, although could be used for a range of industrial or warehousing type use.
Solid tilt-slab construction with a total building area of 132m2, Comprised of a warehouse of 44m2*, a ground floor reception, offices/amenities/dark room area of 44m2* and first floor offices of 44m2*. Has been provisionally seismically rated at 67% NBS.
High roller door access and 2 onsite car parks. Well located in the popular north west, just off Wairakei Rd, within minutes of Russley Rd/SH1, the Ring Road and the Christchurch International Airport.
Own & Occupy or Invest
