Australian property market wrap 16 November 2023
Image:s Supplied.
  • Two Queensland farming properties listed for sale.
  • Locals snap up office space at Williams Landing.
  • A Greensborough childcare centre is leased.

Three agricultural properties hit the market, and a childcare centre is leased out to Bright Steps Early Learning in Greensborough.


Office launched at Williams Landing

ASX-listed developer Cedar Woods Properties Limited have announced the launch of Level 6 at Hudson Hub, the sixth stand-alone office building for its Williams Landing development located in Melbourne’s western growth corridor.

Hudson Hub has experienced strong sales since launching in June 2023 – with over 60% of the released suites now sold – and Level 6 is set to cater to the continuing demand for large, flexible commercial spaces expressed by purchasers.

Cedar Woods’ Victorian State Manager James Bovell says that this demand for large, quality office space has largely come from the local community, with the premium Level 6 suites specifically designed to facilitate the growth of small and medium businesses already established in Williams Landing:

“With a significant number of our purchasers being local owner-occupiers, we know that they are looking for a space that will help them put down roots in the community and fit around their lifestyle. With this in mind, we specifically designed Level 6 to cater to long-term occupancy with flexible floor plates that grow and change with a business.”

While Hudson Hub has attracted a varied range of purchasers – including investors and owner-occupiers – the majority are local to Williams Landing, residing within a 5km radius of the Williams Landing Town Centre.


Bright Steps Early Learning secure Greensborough childcare centre

Bright Steps Early Learning, a national childcare operator, has leased a newly developed flagship childcare centre in Greensborough.

CBRE‘s Sandro Peluso, Marcello Caspani-Muto and Jimmy Tat negotiated the lease at an annual rental of $395,000 per annum.

Located at 2 Pope Place, the two-storey childcare centre is part of the Greensborough Station and Poulter Reserve development and will have the capacity for 92 children.

The project will be developed by a local private developer in combination with design and consultancy advice from architecture design studio Architecton.

Bright Steps is a Sydney-based childcare operator with an expanding pipeline across New South Wales, Victoria and South Australia.

bright steps early leaning greensborough
Image: Supplied.


Walwa Homestead hits the market

Located south of Crookwell in New South Wales, the property is expected to draw a diverse pool of buyers to its combination of improved pastures, droughtproof water supply and renowned wool producing country, as well as secure supplementary income from 13 wind turbines.

The 1,046-hectare property has been in the McCormack family for 37 years and is home to the well-known Walwa Merino stud, which has a history of producing high yielding, bright white wool and record sheep prices.

The property has a carrying capacity of 8,090 DSE and is currently running 300 Merino stud ewes and 100 rams as well as a self-replacing Merino flock of 1616 ewes, including 500 Merino ewes joined to Border Leicester Rams, plus 800 Merino wethers and 560 mixed sex hoggets. In addition to sheep, the property is running 200 breeding cows in a self-replacing system, and fattening steers to above approximately 500 kilograms liveweight.

Walwa Homestead is well serviced by a new five-stand shearing shed and sheepyards, two new 60-tonne Kotzur silos and additional silo capacity of 140 tonnes, machinery sheds, a workshop and hayshed. A large 110,000 litre tank supplies water for the shearing shed, new sheep and cattle yards and holding yards.

The property is being offered for sale by expression of interest, through LAWD in conjunction with Delta Agribusiness closing 12 pm (AEDT) 30 November 2023.

Walwa Homestead Image One
Image: Supplied.

Two southern Queensland farming properties listed

Two southern Queensland farming properties, Oinmurra which is a mixed grazing property, and Melrose Aggregation which is an irrigation asset have hit the market.

Being offered for sale by Colliers Agribusiness agents Rawdon Briggs, Phillip Kelly, and Nicholas Warmington in conjunction with LAWD agents Danny Thomas, Elizabeth Doyle and Simon Cudmore on behalf of Grimwade and Gordon both properties offer a great opportunity in a tightly held region

Oinmurra is a 12,053.16 ha property presently carrying circa 20,000 goats and is an outstanding mixed grazing property with proven scope to operate as a beef cattle, sheep or goat breeding enterprise.

Melrose is a 1,520.30 ha aggregation of two separate properties combined to create a significant Warrego River irrigation asset producing in excess of 6,300ML of highly reliable water sourced from the Cunnamulla Weir, plus a 300ML underground licence.

EoI for the properties close 12 December 2023.

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