News

"For only the second time in nearly 50 years, the iconic Timbertown site in Wauchope, on the NSW mid-north coast, has hit the market with long-time owner David Waite offering the property for sale as he plans to retire. The freehold going concern is expected to fetch a price upwards of $10 million, representing a rare opportunity to acquire one of regional NSW’s most iconic tourism assets and a historically significant, tourism-zoned landholding in Wauchope."

"A landmark hotel asset in one of Queensland’s fastest-growing regional hubs has changed hands, with 90 North selling the Quest Springfield Central for $26.7 million, reflecting a yield of approximately 7.65%, to Serene Capital, a boutique funds management company."

"Savills plc is pleased to announce the appointment of Nick Sanderson as Group Chief Financial Officer ("CFO") and as an Executive Director from his joining date, which is expected to be in Spring 2026. "

"A newly developed 4-star hotel is being offered to market within one of the largest mixed-use developments, TRIO, in the heart of Melbourne’s Box Hill. Located between levels two and six of the TRIO precinct, the prime TRIO Hotel represents a strategic investment opportunity to acquire a newly completed hospitality asset in one of metropolitan Melbourne’s most dynamic and fastest-growing commercial and lifestyle hubs."

"A rare opportunity to acquire a freestanding Woolworths supermarket under a sought-after net lease, together with the adjoining Shoalhaven Arcade, has come to market in the Nowra CBD’s thriving commercial precinct."

"The iconic original Ettamogah Hotel in Albury in regional New South Wales has been listed for sale with leading agency Savills by vendor Leigh O’Brien. In addition to the high-profile hotel, the listing includes a rare cartoon portfolio including around 1,500 original artworks and video footage. The hotel and coveted cartoon assets have the potential to fetch a combined price upwards of $50 million."

"Savills Australia and New Zealand are pleased to announce the freehold going concern sale of the Orange Grove Hotel, Lilyfield, an iconic pub in Sydney’s Inner West pub offered via an on-market Expressions of Interest process following a targeted and strategic campaign."

"SINGAPORE – Savills today announced the appointment of Emily Fell as Senior Director within its Asia Pacific Capital Markets team. Fell will focus on the firm’s regional strategy in the fast-growing Living Sectors, marking a significant step in Savills commitment to alternative asset classes."

"Savills Australia and New Zealand has appointed Edwina Molony as Director of Office Leasing in Melbourne, strengthening the firm’s national office leasing platform and expanding its presence in Victoria."

"Australia is facing a critical shortage of cold storage infrastructure, with vacancy virtually non-existent across the Eastern Seaboard. According to leading agency Savills Australia and SA1 Property’s new research report, ‘Keeping it Cool - The Rise of Cold Storage’, this emerging sector is now firmly on the radar of institutional investors, REITs, and private equity firms."