Newsroom

Rents in Canberra’s A-grade office and industrial property markets are expected to rise over the next 12 months on the back of continued public sector and consultancy demand, as well as construction businesses, respectively.

A Burleigh Heads shopfront on the light rail route has attracted almost $1800 per square metre plus GST (gross) in a recent leasing campaign – one of the highest rates recorded in the suburb.

An investor has purchased an industrial property outside Darwin for $2.575m after LJ Hooker Commercial North NT secured a national tenant for the property.

Two industrial buildings on the one same title in Padstow attracted more than 80 enquiries before selling under the hammer for $3.05m in an auction campaign managed by LJ Hooker Commercial Bankstown.

A retail strip in the Adelaide’s outer north attracted in excess of 130 enquiries before selling under the hammer for $3.155m through managing and selling agents, LJ Hooker Commercial Adelaide.

Premium natural stone specialist Marble Hub has secured their own premises, purchasing the Strathfield South showroom and warehouse from which it has established a nationally recognised operation over the last five years for $9.4m. 

National tourist park operator Hampshire Property Group has recognised Toowoomba’s appeal as a tourist destination and gateway to Queensland’s interior with the $8.25m purchase of the Toowoomba Motor Village. 

National event and exhibition specialists Clifton Productions have secured a new premises in Sydney’s South West through a leasing campaign managed by LJ Hooker Commercial Bankstown. 

The Gold Coast’s commercial property market is set to buck national trends on the back of domestic travel demand and ongoing population growth, according to LJ Hooker Commercial’s latest Market Monitor.