News Corp printing facility at Yandina sells after 19 years in same ownership
A $27 million sale at Yandina has set a new benchmark for the Sunshine Coast industrial market, with the News Corp–leased printing facility becoming the largest industrial transaction ever recorded in the region.
The 22,960sqm holding at 54 Pioneer Road Yandina was transacted to Rethink Capital, in its first commercial property acquisition, by Colliers experts Nick Dowling and Simon Beirne on behalf of long-term owner WOTSO, which had held the asset for 19 years.
Fully leased to News Corp, the purpose-built facility operates as the primary printing hub servicing all News Corp–owned newspapers across southern Queensland and northern New South Wales. The lease extends through to November 2036, providing a secure long-term income stream.
Rethink Capital Director Scott O’Neill said, “This is a fantastic result for our investors given the strong returns and prime location of the property in the rapidly growing Sunshine Coast region.
“We expect continued growth in the area, particularly in the lead up to the Brisbane (and South East Queensland) 2032 Olympic and Paralympic Games given the associated infrastructure projects and continued population growth. This purchase is the first for Rethink Capital with further quality commercial property opportunities planned for syndication in the near future,” Scott O’Neill said.
Colliers Queensland Chief Executive Simon Beirne said the sale reflected the growing depth of capital targeting high-quality regional industrial assets.
“Opportunities of this scale, with this level of tenant covenant and future upside, are incredibly rare in the current market,” Simon Beirne said.
“Queensland is increasingly competing with Sydney and Melbourne for institutional investment.
“Population growth, infrastructure delivery and preparations for the 2032 Brisbane Olympic and Paralympic Games are underpinning long-term confidence across the SEQ market, which we expect will carry through 2026 and beyond.”
Colliers Sunshine Coast Managing Director Nick Dowling said the acquisition highlighted growing confidence from private capital groups targeting the Sunshine Coast.
“This transaction sets a new benchmark for industrial values on the Sunshine Coast and reflects the depth of demand we are seeing for long-WALE, income-secure assets in high-growth regional locations,” Nick Dowling said.
“The Sunshine Coast has been one of the strongest performing property markets over the past three years, with buyers increasingly viewing the region as both a lifestyle destination and a compelling investment location.
“The sale reflects growing demand for income-secure industrial assets in high-growth regional markets, with Yandina continuing to emerge as one of the Sunshine Coast’s most strategically positioned industrial precincts.
“This deal marks the buyer’s first commercial property acquisition, providing a strategic foothold in the sector. With approximately 2,300sqm of undeveloped land at the front of the site, the asset offers clear future expansion and development upside.”
Constructed circa 2006, the purpose-built, multi-level facility comprises a Gross Lettable Area of approximately 9,100sqm, including extensive awnings, plus a freestanding paper storage shed of approximately 370sqm. The improvements include heavy-duty suspended concrete slabs, internal clearances of up to 10 metres, full sprinkler coverage, an on-site substation, backup generators and excellent B-Double access with multiple all-weather loading awnings.
Located within the tightly held Yandina industrial estate, the property enjoys immediate access to the Bruce Highway and is centrally positioned between Noosa, Nambour, Maroochydore and Caloundra. The precinct is a well-established hub for food production, logistics and manufacturing, home to major operators including Buderim Ginger, Nutworks, FedEx and StarTrack.
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