Commercial Ready

Brought to market by Savills Jamus Campbell, Nick Peden and Tim Grant in conjunction with CBRE's David Minty, Trent Hobart and Matthew Wright. Situated within Melbourne’s eastern suburbs, this Blackburn asset benefits from excellent transport connectivity and access to a large surrounding residential catchment. Blackburn continues to attract demand from a broad range of occupiers due to its established commercial environment and strong local amenity.

New South Wales SYDNEY -  $193 million A portfolio of logistics assets at 63 Jedda Road, Prestons and 78 Templar Road, Erskine Park has sold for a combined $193 million, highlighting continued institutional demand for premium Sydney industrial assets. The portfolio comprises 44,980sqm of modern warehouse space, fully leased to national and global tenants, providing secure income with remaining lease terms of 9.6 years and 3.5 years respectively.

CBRE’s latest Business Insights report points to strong spending, tight supply and increased investor activity across the sector. Transaction volumes across the category in 2025 increased by almost 34% year-on-year to $12.7 billion - the highest level since 2021. Regional retail was the standout performer, up 148% to $6.9 billion. The underlying driver is consumption, according to CBRE’s Pacific Head of Research, Sameer Chopra.

By Nick Materia - CEO & Founder of Ready Media Group Buyer pools have tightened and capital allocation has been more selective. The agents we work with every day have had to fight harder for every result. We see it. We feel it. And we're here to help you push through it. The buyers are still out there, but they're not where they used to be. Marketing your listing the way you did five years ago means missing prospects you didn't even know existed, however reaching them takes a different approach.

Steven Wilson AM has spent a lifetime helping shape Queensland business, finance and civic life. Born in Brisbane, Steven studied Commerce and Law at the University of Queensland before beginning his career across law, accounting and financial markets, including formative experience in London with Cazenove.

New South Wales ROUSE HILL - circa $40 million A major development site at 99–101 Schofields Road, Rouse Hill has sold for circa $40 million, with NEX Property acquiring the DA-approved project amid shifting market preferences. The 33,600sqm site carried approval for a six-building apartment development comprising 520 apartments, however the purchaser is expected to explore alternative housing outcomes focused on lower-density product and improved deliverability.

Australia’s major CBD office markets are recording some of their fastest rental growth in the post-pandemic period, and the gap between premium buildings and the rest of the market is widening. According to Knight Frank’s Australian Office Indicators Q1 2026 report, Brisbane led the east coast, recording 11.7% annual net effective rental growth over the 12 months to the end of March. Sydney followed at 10.2%, with Melbourne posting 6.8%.

Transaction activity across Australia’s commercial capital markets slumped in the first quarter of 2026, as geopolitical uncertainty and shifting interest rate expectations weighed on sentiment. Volumes dropped to $7.3 billion in Q1 2026, down from $15.3 billion in Q4 2025, according to Knight Frank’s Australian Capital View - May 2026.

Brought to market by Elders Commercial's Cale Ayres, Fletcher Seymour, Nicholas Bond and Clinton O'Keefe. Positioned within a key Tasmanian commercial precinct, this East Devonport asset benefits from strong regional connectivity and proximity to major transport infrastructure. The area continues to play an important role in Tasmania’s freight and logistics network, supporting long-term commercial demand. The property presents investors with exposure to a strategic regional market.

Ready Media Group has expanded its international distribution network into Dubai and the UAE for the first time, extending its commercial property campaign reach across six international markets. The move comes as offshore investment in Australian commercial real estate continues to climb. MSCI’s Australia Capital Trends report shows international investors accounted for 40 per cent of direct acquisitions in 2025, deploying $19.7 billion into the sector across the year.