Commercial Property News and Insights

Press Release

5 September 2024 | Ryan Ellem | 2 mins

Industrial Continues To Stand Out in Adelaide Despite Softening Demand

Adelaide’s industrial sector continues to be the leading non-residential property class for landlords despite tenant demand cooling after Covid-19, according to the latest LJ Hooker Commercial Market Monitor. 

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Press Release

19 August 2024 | Ryan Ellem | 3 mins

Landmark Toowoomba Office Building Sells for $8.475M

A fully-tenanted office building at the gateway to Toowoomba’s CBD has sold for $8.475m, signaling the largest office transaction in the regional city in almost two years.

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Press Release

12 August 2024 | Ryan Ellem | 2 mins

Campbelltown Corner Site Sells in a Week As Demand for Freehold Stays Strong

A prominent corner site in the Campbelltown CBD sold for $3.1m (plus GST) only seven days after hitting the market, underscoring the demand for well-positioned freehold assets.

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Press Release

22 July 2024 | Ryan Ellem | 4 mins

Canberra Office and Industrial Rents To Rise on Back of Demand

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.

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Press Release

22 July 2024 | Ryan Ellem | 2 mins

Light Rail Works Fail To Overshadow Burleigh’s Demand

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.

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Press Release Insights

11 July 2024 | Ryan Ellem | 3 mins

Investor Secures NT Warehouse With National Tenant

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.

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Press Release

6 June 2024 | Ryan Ellem | 2 mins

Dual Padstow Buildings on Single Title Attract 80 Enquiries Ahead of Auction

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.

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Press Release

30 May 2024 | Ryan Ellem | 2 mins

Retail Strip Auction Secures Premium Result

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.

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Press Release

30 May 2024 | Ryan Ellem | 2 mins

Strathfield South Warehouse Sells for $9.4M

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. 

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