News

Stonebridge is proud to launch its national portfolio for August, boasting 19 premier investments along the eastern seaboard. Exceptional quality assets have come to market in sought-after sectors such as childcare, supermarkets, fast food, fuel and convenience, retail and liquor. Long term leases are secured with major national players including Coles, Woolworths, Dan Murphy’s, IGA, EG Group and...

Stonebridge has announced the sale of four childcare centres, totalling over $28 million. Each of the Queensland based assets were sold by Tom Moreland and Michael Collins, via off-market sales to private investors on behalf of a developer, childcare operator and active fund manager Clarence Property. Headlining the results is the sale of a premium Brisbane-based facility at 140 Dorville Road, Carseldine,...

Stonebridge Property Group is pleased to announce the sale of 1144-1154 Mount Alexander Road & 19 Winifred Street (Coles) Essendon. The sale represents one of Melbourne’s largest suburban site transactions in 2024 YTD and a sharp yield for the existing income. The Property comprises a freestanding Coles supermarket, 7-Eleven service station, specialty shop and vacant office/medical building spread...

Westernport Service Centre, 910 Thompsons Road, Cranbourne West, VIC 3977 Stonebridge has recently announced the sale of 5 Service Centres totalling circa $50 million, showcasing the confidence in the asset class from private investors. The highlight of the sales was Westernport Service Centre in Victoria, which sold for $16,300,000 representing a strong yield of 5.44% following a competitive expressions...

Australian Unity’s Diversified Property Fund is moving to sell the recently redeveloped and expanded Busselton Central in WA amid heightened investor activity in the WA market for retail assets, where $1.5 billion has transacted since 2022. The campaign presents an opportunity to acquire a recently redeveloped convenience-based shopping centre anchored by Coles and Reading Cinemas on long term leases,...

Stonebridge has announced the recent sale of seven childcare centres totalling over $50 million, highlighting the ongoing demand from private investors in the sought after sector. Headlining the results is the sale of a trophy Sydney-based facility at 173 Majors Bay Road Concord, offered on behalf of Healthco HealthCare & Wellness REIT. The property sold for $13,200,000 after only 7 days on market....

Vicinity Centres has sold and settled on their EG Fuel Service Station in Altona North, adjoining their Altona Gate shopping centre. The service station was sold for $3,120,000, representing a sharp yield of 2.64%. The fuel station, which has a unique ground lease structure that expires in 2024, attracted interest from a mix of investors, owner occupiers and developers. Stonebridge Property Group’s...

Stonebridge is pleased to announce the recent sale of the Melton South Service Centre. Anchored by 7-Eleven, the property was sold for $11,111,000, representing a 6.39% yield. The 5,108 sqm landholding is occupied by a recently built service centre which comprises of six (6) shops, including tenants 7-Eleven, Ultra Tune and Soak City Car Wash. The successful Expression of Interest campaign was part of...

A 100% interest in Market Central Lutwyche is being offered to the market, providing investors with an opportunity to acquire a 2.15-hectare mixed-use incoming producing land holding in inner metropolitan Brisbane, underpinned by a rare triple-supermarket anchored offering. Stonebridge’s Carl Molony, Philip Gartland and Justin Dowers alongside JLL’s Nick Willis and Sam Hatcher, have been exclusively...

Cygnet West and Stonebridge have been appointed on behalf of Vicinity Centres to exclusively offer for sale Victoria Park Central. The Centre occupies a highly prominent, land rich 1.31-hectare landholding just 3 km* from the Perth CBD and along Albany Highway, one of Perth’s premier retail strips. Anchored by a full-line Woolworths supermarket, Victoria Park Central contains the only supermarket in the...