Investor demand for proven local retail centres in Brisbane remains at unprecedented levels, with RWC Retail’s Michael Feltoe, Pablo Routledge and Lachlan O’Keeffe selling seven centres in the past seven months for a combined $32.3 million.
RWC Retail’s Michael Feltoe says the levels of demand the team are witnessing are unlike anything they have seen in recent years.
“In the past 12 months we have seen investor interest in the retail centre space be stronger than ever. There has been a significant volume of enquiries averaging over 350 per campaign, resulting in yields as sharp as 4.84 per cent.”
Most recently were the sales of two long established centres at Stafford Heights (67-71 Wilgarning Street, pictured top) for $4,213,000 and Camp Hill (82 Bennetts Road) for $6,100,000.
Both centres were fully leased, and saw a combined 19 bidders, selling under the hammer for yields of 5.55 per cent and 5.72 per cent respectively.
“Both of these sales were further examples of exactly what buyers are seeking in these types of investments,” Routledge said.
“Buyers looked favourably on the proven tenant mixes, landlord favourable lease terms and well-located landholdings across both campaigns, with these highlights being reflected in the great results.”
Despite potential hurdles from global economic and political instability, O’Keeffe believes the remainder of 2025 will continue this strong run of results for Australia’s best retail investments agents.
“We believe that we will continue to see a flight to quality to similar centres from buyers who are able to take a long term investment view.
“With the thousands of enquiries we continue to generate, we have no doubt that we will continue to see great results in this sector.”
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