According to Franz Stapelberg, broader economic forces are also playing a pivotal role in reshaping the commercial landscape.
“Rising construction costs are causing a direct impact on inflating commercial rents,” he said. “We’re seeing more owner-occupiers take a step back and ask whether they’re better off owning their premises, particularly through their SMSF. For a lot of them, it’s becoming a smarter, more secure long-term move than continuing to absorb escalating leasing costs. That shift in thinking is playing a big role in how demand is evolving across the medical and professional sectors.”
The agents noted that owner-occupier activity - particularly among medical and professional services - continues to create major uplift in this asset class, with limited stock availability intensifying competition and elevating pricing benchmarks across Brisbane.
“The result has set a new benchmark for vacant commercial freeholds in Brisbane’s South” added Milner. “It demonstrates just how strong the appetite is in today’s owner-occupier market, especially for well-located freestanding properties with future adaptability.”
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