Oxley Police Academy to Receive Significant Upgrade

A $50-million overhaul is on the way for the Oxley Police Academy, promising state-of-the-art classrooms, new scenario-training spaces and upgraded accommodation for recruits who will one day patrol their areas of assignment.



Opened in 1972, the academy has long been the heart of police training for Brisbane’s south-west. The forthcoming project will be its biggest facelift yet, replacing ageing lecture rooms with tech-rich learning suites and adding an indoor tactical village that can mimic everything from suburban homes to convenience stores.

Local residents stand to benefit directly: the expanded campus is expected to train up to 1,600 new officers over the next four years, increasing the pool of frontline police available to the western suburbs. Additional driver-training facilities and refreshed fitness centres will ensure recruits graduate job-ready and fit for duty.

Plans also include a digital-forensics lab and upgraded firearms simulation ranges, equipping future officers to tackle cybercrime, youth offending and vehicle-related crime more effectively. Early site works are slated to begin within the 2025-26 financial year, with completion targeted ahead of the 2032 Olympics.

Where the money sits in the bigger picture

Oxley Police Academy
Photo Credit: MPDanPurdie/ Facebook

The academy revamp forms part of a $290.3-million program earmarked for new and improved police facilities across Queensland. Budget papers outline further spending on modern equipment for frontline officers, including 6,500 Taser 10s, upgraded body-worn cameras and tactical first-aid kits.

An additional $147.9 million has been set aside for these tools, while long-range planning documents confirm a dedicated $50 million line item to “upgrade and relocate functions of the Oxley Police Academy”.

Brisbane South’s regional brief also lists new CitySafe CCTV installations, extra POLAIR flight hours and continued funding for early-intervention youth-crime programs—all designed to bolster community safety alongside the academy upgrade.

Oxley Police Academy
Photo Credit: MPDanPurdie/ Facebook

Why it matters to the western suburbs

For residents eagerly waiting for updates, the redevelopment means more locally trained officers, faster response times and a police cohort versed in the specific challenges of Brisbane’s south-west.

Training staff say the new facilities will allow recruits to practise real-world scenarios drawn from local call-outs, making on-the-job transitions smoother once graduates hit the beat in Oxley and other western suburbs.



Published Date 26-Jun-2025

Tennyson Receives Rate Cut and Access Upgrade in 2025-26 Budget

Tennyson has been marked for a residential rates reduction and nearby infrastructure funding under the 2025 BCC budget.



Budget Relief and Infrastructure Upgrade for Tennyson

Tennyson is among just three suburbs in Brisbane set to receive a decrease in owner-occupier rates as part of BCC’s 2025–26 budget. Additionally, nearby infrastructure used by Tennyson residents—the Walter Taylor Bridge between Chelmer and Indooroopilly—has been allocated funding for continued restoration.

Tennyson rates
Photo Credit: Google Maps

Suburbs-First Spending Confirmed

The $4.1 billion budget directs 85 per cent of spending into suburban areas. Tennyson residents will benefit from a 0.93 per cent decrease in their average residential rates due to changes in land valuations. By contrast, other suburbs will see rate rises of up to 7.5 per cent.

Walter Taylor Bridge Works Progressing

Although not located within Tennyson, the Walter Taylor Bridge serves as a key access point for the suburb. The bridge will undergo continued restoration works funded in this year’s budget. Planned works include structural repairs, rendering, and repainting, with completion expected ahead of the bridge’s 90th anniversary in February 2026.

Previous structural maintenance was undertaken last year, and this latest funding phase was confirmed following community concerns about the bridge’s condition.

Broader Budget Measures

Across Brisbane, owner-occupier rates will rise by an average of 3.87 per cent, with increases capped at 7.5 per cent. A new $100 annual surcharge will apply to inner-city unit owners purchasing after October 1. Meanwhile, a waste levy of $49.52 will be introduced citywide for green bins, even for those opting out of the service.

Brisbane budget
Photo Credit: Google Maps

Community Response and Implications

Residents in affected suburbs have raised affordability concerns due to increased rates and charges. In contrast, Tennyson’s combination of rate reduction and access to improved transport infrastructure has been regarded by some as a favourable outcome under this year’s budget.

Looking Ahead



With residential rates set to fall and improved connectivity through planned bridge restoration, Tennyson is one of the few suburbs positioned to benefit from the BCC’s 2025–26 budget. While most areas brace for increased costs, the Tennyson community will see both financial relief and infrastructure investment in the year ahead.

Published 20-June-2025

Street Spotlight: Kianga Street, Graceville

Kianga Street in Graceville represents a unique chapter in Brisbane’s suburban development story. While the surrounding Graceville neighbourhood was well-established, Kianga Street itself is a relatively recent addition to the area’s streetscape, carved out as the suburb evolved to accommodate growing residential demand.



With 100% of properties being owner-occupied and residents staying an average of 13 years and 7 months, the street demonstrates exceptional commitment to homeownership despite its shorter history. This dedication to the area is reflected in the fact that 50% of residents have called Kianga Street home for more than a decade. The street’s property transaction history provides fascinating insights into Brisbane’s early 2000s property boom, with notable sales including 15 Kianga Street selling for $1.8 million in March 2004 and 10 Kianga Street achieving $1.6 million in May 2005 – figures that showcase the premium nature of this exclusive pocket of Graceville from its early days.

Kianga St, Graceville Residents

NUMBER OF PROPERTIES: 11
% OF OWNER OCCUPIERS ON STREET: 100%
AVERAGE TIME FOR OWNER OCCUPIERS: 13 years, 7 months
% OF PEOPLE 10+ YEARS: 50%

Kianga St, Graceville – As It Looked in 1936

SOME TYPICAL PROPERTY SALES ON KIANGA ST FROM YESTERYEAR

Property AddressSale PriceSale Date
15 Kianga Street, Graceville$1,800,000Mar 2004
10 Kianga Street, Graceville$1,600,000May 2005
9 Kianga Street, Graceville$800,000Aug 2004

SUBURB PROFILE

The median price of a 3 Bedroom House in Graceville in 2025 was $1,175,000
The median price of a 3 Bedroom House in Graceville in 2021 was $763,000
TYPICAL INCREASE OF A 3-BEDROOM HOUSE IN GRACEVILLE SINCE 2021: $412,000

The median price of a 4 Bedroom House in Graceville in 2025 was $1,375,000
The median price of a 4 Bedroom House in Graceville in 2021 was $1,110,000
TYPICAL INCREASE OF A 4-BEDROOM HOUSE IN GRACEVILLE SINCE 2021: $265,000



If you know Kianga St, Graceville well and you have some anecdotes or details to add, please email us at editor@brisbanesuburbsonlinenews.com.au.

Paella Sunday Returns to Botellón in Graceville

A Spanish-style eatery in Graceville is bringing back its Paella Sunday event, offering locals a relaxed afternoon of food, music, and shared dining.



Community Dining Experience

Botellón, located on Honour Avenue in Graceville, is bringing back its Paella Sunday event. Scheduled for 8 June, the offering will include a live cooking demonstration of chicken and chorizo paella by head chef Matt Woodhouse. For $35 per person, guests will receive a freshly cooked paella serving along with a seasonal salad sourced from Romarro Farm, charred sourdough, and house-made churros to share.

The event runs from 12:00 p.m. to 3:00 p.m. and is designed to offer a casual, social atmosphere that reflects the venue’s Mediterranean inspiration. Bookings are available through the restaurant’s website, though walk-ins are also welcome.

Live Music and Sangria Jugs

Throughout the afternoon, live music will accompany the event. Guests can also enjoy sangria jugs in red, white, or rosé varieties, available at $60 each. These are intended for sharing among groups, in keeping with the Spanish tradition of communal dining.

Paella Sunday returns in Graceville
Photo Credit: Botellón Brisbane/Instagram

Botellón’s Background

Established in 2019, Botellón was opened by local operator Maddison Walker. The restaurant has developed a steady following in the Graceville area and offers a Spanish-style menu focused on both imported and local ingredients. The kitchen is led by chef Matt Woodhouse.

Regular menu offerings include multiple paella varieties such as seafood (Mariscos), vegetarian (Verde), and meat-based options. These are served alongside tapas like garlic prawns, patatas bravas, and mains such as lamb shoulder.

Graceville diners enjoy Spanish feast
Photo Credit: Botellón Brisbane/Instagram

Dining Style and Setting

Botellón draws design inspiration from Spanish laneways and plazas. The venue features bar seating, indoor booths, and alfresco tables under fairy lights. It operates from Wednesday to Sunday, with the kitchen closing at 8:30 p.m. daily. Happy hour runs from 4:00 p.m. to 5:30 p.m. each day of operation.

Live music event at Botellón Graceville
Photo Credit: Botellón Brisbane/Instagram

Looking Ahead



Botellón’s Paella Sunday returns as part of the venue’s continued focus on Spanish cuisine and shared dining. The event reinforces the restaurant’s established presence in Graceville’s local dining scene.

Published 2-June-2025

Street Spotlight: Lama Street, Chelmer

Lama Street in Chelmer represents a perfect blend of established charm and evolving community character. Historical records from 1936 show the street already established in Brisbane’s prestigious riverside suburb, though the intervening decades have seen additional properties thoughtfully added to create today’s intimate streetscape.



With an impressive 95% of properties being owner-occupied, Lama Street demonstrates one of the highest levels of homeownership commitment in the area. While residents stay an average of 10 years, the street shows a balanced mix of established and newer residents, with 33% having called Lama Street home for more than a decade. The street’s property transaction history reflects Chelmer’s desirability as a blue-chip suburb, with early 2005 sales at 31 Lama Street reaching $670,000 and 23 Lama Street achieving $855,000 – figures that underscore the area’s long-standing appeal to discerning buyers. Below, an aerial image from 1936 captures this historic street in its original form, showcasing Chelmer’s established suburban character.

Lama St, Chelmer Residents

NUMBER OF PROPERTIES: 25
% OF OWNER OCCUPIERS ON STREET: 95%
AVERAGE TIME FOR OWNER OCCUPIERS: 10 years
% OF PEOPLE 10+ YEARS: 33%

Lama St, Chelmer – As It Looked in 1936

Lama St, Chelmer in 1936

SOME TYPICAL PROPERTY SALES ON LAMA ST FROM YESTERYEAR

Property AddressSale PriceSale Date
31 Lama Street, Chelmer$670,000Aug 2005
23 Lama Street, Chelmer$855,000Feb 2005
27 Lama Street, Chelmer$460,000May 1995

SUBURB PROFILE

The median price of a 3 Bedroom House in Chelmer in 2025 was $1,313,000
The median price of a 3 Bedroom House in Chelmer in 2021 was $825,000
TYPICAL INCREASE OF A 3-BEDROOM HOUSE IN CHELMER SINCE 2021: $488,000

The median price of a 4 Bedroom House in Chelmer in 2025 was $1,902,000
The median price of a 4 Bedroom House in Chelmer in 2021 was $1,213,000
TYPICAL INCREASE OF A 4-BEDROOM HOUSE IN CHELMER SINCE 2021: $689,000



If you know Lama St, Chelmer well and you have some anecdotes or details to add, please email us at editor@brisbanesuburbsonlinenews.com.au.

Community Impact: Oxley to See Taller Buildings in Housing Affordability Drive

Parts of Oxley, alongside 17 other Brisbane suburbs, are set to see buildings increase to five storeys in height from the current two or three, as authorities aim to tackle a severe housing affordability crisis by adding 6,000 new dwellings in the next five years.



The Lord Mayor announced the review on Wednesday, indicating that community consultation would begin soon, with the goal of implementing changes within a year.

Brisbane is currently ranked as the 13th least affordable city globally, a situation largely attributed to a significant lack of housing supply. In the low-to-medium residential (LMR) density zones, which cover 14 per cent of the city, dwelling approvals plummeted to just 445 two years ago, a sharp drop from the previous 10-year average of over 1,110 homes built annually in these areas.

Boosting Housing Supply

Oxley
Photo Credit: Pexels

The proposed changes will allow for higher height limits and smaller lot sizes, potentially shrinking from a minimum of 400 square metres to 300 square metres. These adjustments are specifically targeting areas close to essential infrastructure, such as shopping centres, bus and train stations, and major roads.

Lord Mayor Schrinner stated that increasing housing supply is the most realistic solution to affordability issues, dismissing ideas like limiting short-stay accommodation or taxing vacant properties as overly simplistic and potentially harmful. He emphasised the need to “get more homes faster” and improve the feasibility of development to expand housing choices for residents, including first-home buyers.

Oxley’s Role in Development

Oxley, located approximately 11 kilometres southwest of the Brisbane CBD, is considered a prime location for increased density due to its proximity to the Oxley railway station and major transport corridors. The existing Darra—Oxley District Neighbourhood Plan already aims for growth in residential choice and multiple dwellings, especially around public transport.

Furthermore, the 19-hectare Oxley Priority Development Area (PDA), declared in 2018, is specifically designed to facilitate economic development and new homes. Projects like “Songbird” within this PDA align with the vision for a new residential community, including retirement living and community facilities.

The ongoing $100 million Oxley Creek Transformation project, which revitalises the creek corridor with green spaces, is also seen as supporting higher-density living by enhancing local amenity.

Industry and Community Perspectives

Oxley
Photo Credit: Domain

The announcement has been largely welcomed by the property development industry, including the Property Council, which called it a “welcome move” during the ongoing housing crisis. Urban design and planning experts also supported the initiative, stressing that thoughtful design is crucial to achieve positive outcomes while increasing housing supply. They believe that traditional Queenslander homes and character areas in suburbs like Paddington and Auchenflower are unlikely to be impacted.

However, concerns have been raised about the capacity of the construction sector to meet the demand for new homes. Master Builders Queensland stated that there is an insufficient number of qualified workers to build the required homes for Brisbane’s growing population, which added 73,000 people in 2023-2024 alone.

The Australian Institute of Architects also highlighted the importance of good design to avoid public pushback, ensuring new developments contribute to liveable communities with adequate privacy, safe streets, and appealing aesthetics.

The Real Estate Institute of Queensland noted a shift in public sentiment, suggesting a growing understanding and acceptance that higher density is necessary to address the housing problem. Council’s Labor Opposition Leader, Jared Cassidy, however, argued that the housing shortage is partly a result of the current administration’s decision to ban new townhouse developments in low-density zones in 2020.



For Oxley residents, the changes could bring increased housing diversity and a revitalisation of local centres with new shops and services. However, concerns remain about potential increases in traffic congestion, strain on existing infrastructure such as schools and utilities, and changes to the traditional neighbourhood character.

Council encourages residents to stay informed through official platforms and participate in upcoming consultation processes to provide their feedback on these important planning changes.

Published Date 28-May-2025

Graceville Volunteer Katie McCord Recognised as Youth Award Finalist

Graceville local Katie McCord has been named a finalist in the 2025 Queensland Youth Volunteer of the Year Award for her work across sport, education, and youth advocacy.



Recognition for Young Volunteer from Graceville 

Katie McCord, a volunteer with the Southwest United Hockey Club in Graceville, has been acknowledged as one of Queensland’s leading youth volunteers, earning a place among the finalists at the 2025 Queensland Volunteering Awards.

Held at Brisbane City Hall on 16 May, the awards ceremony highlighted Ms McCord’s wide-ranging contributions to youth development and education, placing her alongside other recognised individuals from across the state.

Contributions Across Sectors

Ms McCord’s volunteer roles span multiple sectors, starting with her involvement in sport at Southwest United Hockey Club. Initially appointed as Media Officer, she later took on coaching and mentoring responsibilities, supporting young athletes in building confidence and resilience.

Beyond sport, she is actively engaged in youth advocacy. As a member of the Bravehearts Youth Advisory Committee, Ms McCord contributes to policy discussions around consent education and child safety.

Her commitment to global education is reflected in her role as a Global Youth Ambassador with Their World. She also leads student initiatives at QUT, including the QUT Business Club and the Behavioural Economics Club, which she founded.

Her previous volunteer experience includes teaching viola at the Australian International School in Dubai and mentoring students at Bundaberg State High School through music workshops and community liaison work.

Volunteering Queensland
Photo Credit: FionaSimpsonMP/Facebook

Acknowledged During Volunteer Week

Ms McCord’s recognition comes as part of National Volunteer Week (19–25 May), which this year carries the theme “Connecting Communities”. The event, organised by Volunteering Queensland and supported nationally by Volunteering Australia, celebrates the impact of formal and informal volunteers across the country.

Volunteering Australia noted that around six million Australians formally volunteer, with many more contributing informally, particularly during times of crisis or economic strain.

Academic and Local Recognition

Ms McCord is currently completing a Bachelor of Business in Behavioural Economics at QUT. She has been involved in research projects examining strategies to understand and influence human behaviour.



In addition to her state-level finalist placement, she was previously named Brisbane’s Young Citizen of the Year in 2025.

Published 19-May-2025

Street Spotlight: Dewar Terrace, Corinda

Dewar Terrace in Corinda stands as a testament to exceptional community stability and homeownership pride. While the street existed in earlier decades, more properties now dot along its length, creating a fuller residential streetscape that has evolved organically over time.



With an impressive 95% of properties being owner-occupied, Dewar Terrace represents one of Brisbane’s most committed residential communities. Residents demonstrate remarkable dedication to the area, staying an average of 16 years and 2 months, with 57% of residents having called Dewar Terrace home for more than a decade. The street’s property transaction history reveals the dramatic transformation of Corinda’s real estate landscape – 141 Dewar Terrace sold for just $33,000 in November 1975, a figure that starkly contrasts with today’s market values and illustrates the substantial appreciation this established street has experienced over nearly five decades.

Dewar Terrace, Corinda Residents

NUMBER OF PROPERTIES: 46
% OF OWNER OCCUPIERS ON STREET: 95%
AVERAGE TIME FOR OWNER OCCUPIERS: 16 years, 2 months
% OF PEOPLE 10+ YEARS: 57%

Dewar Terrace, Corinda – As It Looked in 1936

Dewar Terrace, Corinda in 1936

SOME TYPICAL PROPERTY SALES ON DEWAR TERRACE FROM YESTERYEAR

Property AddressSale PriceSale Date
162 Dewar Terrace, Corinda$210,000Jul 1992
178 Dewar Terrace, Corinda$82,250Nov 1983
141 Dewar Terrace, Corinda$33,000Nov 1975

SUBURB PROFILE

The median price of a 3 Bedroom House in Corinda in 2025 was $917,000 The median price of a 3 Bedroom House in Corinda in 2021 was $675,000 TYPICAL INCREASE OF A 3-BEDROOM HOUSE IN CORINDA SINCE 2021: $242,000

The median price of a 4 Bedroom House in Corinda in 2025 was $1,600,000 The median price of a 4 Bedroom House in Corinda in 2021 was $963,000 TYPICAL INCREASE OF A 4-BEDROOM HOUSE IN CORINDA SINCE 2021: $637,000

The median price of a 5 Bedroom House in Corinda in 2025 was $1,825,000 The median price of a 5 Bedroom House in Corinda in 2021 was $1,000,000 TYPICAL INCREASE OF A 5-BEDROOM HOUSE IN CORINDA SINCE 2021: $825,000

The median price of a 2 Bedroom Unit in Corinda in 2025 was $615,000 The median price of a 2 Bedroom Unit in Corinda in 2021 was $322,000 TYPICAL INCREASE OF A 2-BEDROOM UNIT IN CORINDA SINCE 2021: $293,000



If you know Dewar Terrace, Corinda well and you have some anecdotes or details to add, please email us at editor@brisbanesuburbsonlinenews.com.au.

Sherwood Dominates Early QAFL Colts Season

The Sherwood Magpies have established themselves as the team to beat in the QAFL Colts competition, rocketing to the top of the ladder with an impressive undefeated streak in the season’s early stages.



The competition is now well underway, with Sherwood, under the guidance of new coach Damian Haber, securing five consecutive victories. Their most recent success came last weekend when the Magpies defeated Redland Victoria Point with a score of 13.9 (87) to 6.9 (45), a match where Jackson Bridge was a key target up forward, kicking four goals.

League Action Heats Up

Across the league, several Brisbane clubs are making their mark. Newcomers Coorparoo, led by coach Sam Wiltshire, have made a splendid entry into the competition. They recorded an early win against Broadbeach, 10.9 (69) to 6.4 (40), and challenged the leading Sherwood team in a close match, eventually losing 7.12 (54) to 7.4 (46).

In their game last Saturday, Coorparoo’s full forward Harvey Bannister delivered a remarkable performance, booting eight goals as the Roos overcame Mt Gravatt 14.13 (97) to 3.4 (22). Teammates Rhys Doman on the wing and midfielder Ash Prindable were also noted for their significant contributions. Doman showed excellent aerial skills and linkage play, while Prindable was a consistent ball winner in numerous scores.

The 2024 grand finalists, Wilston Grange and Morningside, celebrated victories last weekend. Morningside secured a meritorious away win in a tight contest against PBC, 12.4 (76) to 11.7 (73), despite losing three players late. Tyson Matthews, wingman Findlay Booker, and ruckman Liam Catley stood out for the Panthers. Catley has been strong in the ruck and has shown good form across the initial games, and Ben Butko has impressed after a significant off-season.

Wilston Grange also had a fighting win over Labrador, 10.9 (69) to 7.3 (45). Midfielders Aidan Young and Flynn Clearly starred for their team, while Oli Morgan was outstanding in defence. Aspley, who were front runners for much of last season, also recorded a victory last weekend in a potentially dangerous away match against Noosa, with the Hornets winning 8.11 (59) to 4.2 (26).

Although Mt Gravatt remained winless after four games, the club showed positive signs. Against Coorparoo last weekend, midfielders Sullivan and Lee, along with centre half-back Webster, were resilient, while halfback Mayne and forward Marshall also performed well.

Sherwood’s Stars Shine

Sherwood’s early success has been bolstered by exceptional individual performances, with several players earning “Player of the Month” accolades for their contributions.

Elijah Kim has adapted impressively to a new role across the half-back line this year. He has demonstrated an ability to read the play effectively and his strong marking in contested defensive situations makes him a key defender.

Harry Thomson has moved into the midfield this season following a strong pre-season. His upper body strength and speed have been assets, and his power in contested situations has been vital in the first month of play. The club anticipates his elite speed will become even more evident with drier weather.

Tarkyn Benton’s efforts around stoppages have been crucial for Sherwood in gaining clearances. His tackling pressure, ability to break through congestion, and his penetrating kicks forward of centre have been hallmarks of his game.



Charlie Slater, a rookie in his first Colts season and a U17 eligible player, has transitioned smoothly into the higher league. He has spent considerable time forward of centre and working through the midfield. His work in close contests and his skilled handballs to release teammates into space have been particularly noteworthy, often appearing to have ample time to execute his skills.

Jarvis Warr has permanently shifted to a defensive role this season. His powerful left-foot kick has consistently troubled opposition teams in the opening rounds. Warr continues to develop as a footballer and is beginning to realise his capacity to influence matches with his speed and skill across the lines.

Published Date 08-May-2025

Cricket Stars Sell Oxley Officeworks Property for $9.5M

A syndicate including Australian cricket greats Steve Waugh, Matthew Hayden, and Adam Gilchrist has sold the Officeworks property they owned for two decades in the Brisbane suburb of Oxley for $9.5 million.



Major Sale Finalised in Oxley

Officeworks
Photo Credit: Real Commercial

The prominent freestanding retail building, located at 2247 Ipswich Road in Oxley, was purchased by a first-time Taiwanese investor. The sale price reflects a 5.38 per cent yield for the commercial property.

The sellers, who operate under the company name Skiers Delight Pty Ltd and include Peter Scott and Neil Honan, originally acquired the site in 2004 for $1.32 million and held it for 20 years before this recent divestment.

Secure Tenant Attracts Buyer

The property is located on a 2,783-square-metre site approximately 10 kilometres west of Brisbane city centre. Officeworks, a well-known subsidiary of Wesfarmers, has operated from this location for more than two decades.

The company recently showed its commitment to the site by signing a renewed seven-year lease, securing its presence until at least 2031. Further options are available that could extend its stay until 2051.

High Investor Interest

Officeworks
Photo Credit: Real Commercial

Stonebridge Property Group managed the sale through national expressions of interest campaign. The process attracted considerable attention, generating 215 enquiries from potential buyers across the country and resulting in eight formal offers being submitted. Stonebridge team members Michael Collins, Tom Moreland, Kevin Tong, and James Freemantle handled the successful sale.



Broker Insights on the Deal

Officeworks
Photo Credit: Real Commercial

Kevin Tong, Partner Asia Practice at Stonebridge Property Group, noted that the property was sold to a first-time Asian buyer through their specialised Asia Practice team. Mr Tong stated that the buyer was attracted to the reliable blue-chip tenant listed on the Australian Stock Exchange (ASX) and Officeworks’ long history of occupying the large, strategically positioned landholding.

Michael Collins, Partner at Stonebridge, commented that the property’s holding by the same owners for 20 years demonstrates the ongoing strength and reliability of large-format retail buildings leased to established tenants like Officeworks.

Mr Collins added that the significant demand during the sale process highlights how these types of assets are sought-after among high-net-worth private investors nationwide. This sale contributes to approximately $250 million in freestanding investment sales conducted by Stonebridge this year.

Published Date 06-May-2025