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After 20 years of ownership of publican Leigh Wanless has decided to put the Westside Tavern on the market.

Coming off a two year period of high sales volumes and compressed yields, the Australian commercial property market has already shown signs of decreased investment activity and yield correction off the back of rising interest rates.

It’s been a tough time for many tourism operators over the last few years, as we endured a prolonged period of lockdown, border closures and restrictions, for both domestic and international travellers, causing occupancy levels to plummet.

It’s not often an agent is part of a building’s entire lifecycle, but Ray White Commercial South Sydney agent Phillip Elmowy is selling 57-59 Church Street, Randwick for the third time since its conception in the early 90s.

There’s plenty of reasons to invest in Ballarat, with a range of quality commercial properties across all asset classes on the market.

ABC’s Pilbra headquarters has hit the market, providing a perfect opportunity to invest in regional Western Australia.

After robust levels of turnover and rapid reductions of investment yields during much of 2020 and 2021, 2022 was also trading well but encountered challenges from the first upward interest rate movement in May.

With cool ocean breezes, walking distance from the beach, there is an opportunity to snap up a piece of north Queensland paradise as nine vacant Mission Beach allotments hit the market.

With 36 years of experience in both corporate and selling real estate roles, Julie Ryan plans to pass on her knowledge and skills to the next generation as part of her new role as Principal at Ray White Commercial CSR.

After visiting Western Australia this week, there are a lot of positives to be seen across many asset classes in Perth’s commercial market.

Childcare centres continue to attract the eyes of investors as 60 Arkley Avenue, Claymore, was snapped up for $4.475 million on a 4.8 per cent yield.

Asset classes such as childcare and aged care are heavily reliant on subsidies and investment by the government.