New South Wales
Byron Bay - $140 million
The iconic Beach Hotel in Byron Bay, known locally as ‘The Beachie,’ has been sold for $140 million, making it the second most expensive pub sale in Australian history. It sits just behind Sydney’s Crossroads Hotel, which sold for $160 million in 2022.
The Beach Hotel was sold by MA Financial Group’s Redcape Hospitality, with the transaction brokered by John Musca of JLL. The property was purchased by Scott Didier, CEO of construction firm John Lyng Group.
Originally a family-run venue, the pub was once owned by Sale of the Century hostess Delvene Delaney and her husband, producer John “Strop” Cornell.
LISAROW - $31 million
A high-performing Coles-anchored neighbourhood shopping centre on the Central Coast has been sold for $31 million by Colliers.
Known as Lisarow Plaza, the 5,250 sqm retail asset is anchored by a full-line Coles supermarket and Liquorland, making it a key local shopping destination with strong tenant appeal and long-term value.
The transaction was completed at a sharp passing yield of 6.09 per cent, highlighting both the asset’s strong fundamentals and the continued confidence in premium neighbourhood retail centres.
Colliers' James Wilson and Ben Wilkinson secured the off-market deal with a NSW-based private investor.
Queensland
SURFERS PARADISE - $31 million
Cavill Lane, a prime retail asset in the heart of Surfers Paradise, has sold for $31 million.
The Property Factory and Boston Global acquired the 100% interest from long-term owner Denwol Group after a competitive national Expressions of Interest campaign run by Stonebridge Property Group’s Philip Gartland and Carl Molony.
Positioned opposite the light rail station and just 200 metres from Surfers Paradise Beach, the 4,344 sqm centre spans two levels with 28 tenancies. Key occupiers include Thirsty Camel, The Coffee Club, ANZ, and Steampunk. The site also includes an income-generating 113-bay underground car park leased to Secure Parking.
The property is 96% leased by area, offering a strong income profile with a 5.6-year WALE and annual rental increases averaging 3.5%.
MACKAY - $7.1 million
Mackay’s industrial market remains strong, highlighted by the $7.8 million sale of a key asset in Paget, the region’s leading industrial precinct. The 8,491 sqm site at 33–41 Central Park Drive features two tilt-panel warehouses and a 2,662 sqm hardstand area.
The property is fully leased to Motion Australia Pty Ltd, a subsidiary of Fortune 500 company Genuine Parts Company, on a three-year lease commencing July 2024, with annual increases tied to CPI or 3%.
Cushman & Wakefield’s Daniel Cullinane, Evi Meka, and Myles Fredericksen handled the sale.
KINGAROY - $4.5 million
A private investor has secured a premium childcare asset in Kingaroy, Queensland purchasing 261 Haly Street for about $4.5 million.
The property was marketed and sold by Burgess Rawson’s Matthew Wright and Natalie Couper.
Leased to the Kingaroy Child Care Centre on a new 15-year net lease to 2038, with two further 10-year options, the asset is backed by a respected, family-owned, boutique operator with more than 30 years of experience and a network of 21 centres. The purpose-built facility currently offers 74 long day care places, with plans to expand capacity to 91 places pending approval.
South Australia
GEPPS CROSS - Circa $29.5 million
A generational large-scale infill site in Gepps Cross has sold for well over the asking price of $29.5 million.
McGees Property’s Simon Lambert and Andrew Wilson negotiated the sale of 535 Grand Junction Road, Gepps Cross on behalf of private owners.
Set across two certificates of title on 45,220 sqm of land, the property comprises a mix of older and near-new high clearance and sawtooth warehouses, updated offices, and amenities, totalling 18,788 sqm.
The property is occupied by Bianco Walling Pty Ltd on a lease expiring 30 June 2026, with additional right of renewal periods of five years each, holding a passing net income of $1,484,519 per annum plus GST.
Western Australia
PERTH - $18.88 million
JLL Hotels & Hospitality Group has announced the sale of The Sebel West Perth Aire Apartments for $18.88 million on behalf of ZACD Group. The buyer, Capital Bay Investment Pty Limited, has chosen to retain the Sebel brand, preserving its affiliation with Accor despite the property being offered with vacant possession.
The asset comprises 64 strata-titled studio apartments across four podium levels of the 22-storey Aire Apartments complex, completed in 2018. Each apartment includes a kitchenette, car bay, and balcony. Building amenities feature a heated outdoor pool, gym, conference room, and outdoor dining areas.
Located at 659 Murray Street, the property provides convenient access to Perth’s CBD, the future ECU City Campus, and major entertainment destinations.
Victoria
SEDDON - $6.25 million
The Happy Apple Seddon, a traditional greengrocer located in the heart of Seddon's retail hub has been sold by the Bongionvanni family, with the final sale price reflecting a passing yield of 6%.
The property, which features a 10-year lease with options to 2048, sits on a 1,003 sqm block within a prime retail strip, holding a rental income of $380,000 + outgoings with annual 3% reviews.
The deal was managed by Gross Waddell ICR's Julian Materia and Raff De Luise, in conjunction with Alex Puglia and Charles Bongiovanni.
HAWTHORN EAST - $2.8 million
Colliers has successfully negotiated the off-market sale of a three-storey office building at 385 Tooronga Road, Hawthorn East, to an interstate investor for $2.8 million.
The transaction reflects a yield of approximately 6.27% and a building rate of $6,472 per sqm, highlighting continued demand for quality Victorian office assets.
Eddie Foulkes, Colliers Executive, Melbourne Metro Sales | Investment Services, said, "This transaction marks one of the few freehold office investments to change hands in 2025, underscoring renewed confidence in the Victorian office market, particularly from interstate investors."
Ben Baines, Colliers Director, Melbourne Metro Sales | Investment Services, added, "With its strategic location on Tooronga Road and a proven leasing history across five tenancies, this property’s sale reflects growing demand for well-positioned suburban office assets near key retail hubs like Tooronga Village and HomeCo Centre."
