​​Record Yield Achieved for Tightly Held Australia Post Asset with DA in Goodna​

​​Australia Post anchored property and DA approved neighbouring site sell in competitive campaign with more than 300 enquiries​ 

The $2,132,000 sale of two adjoining retail properties in Goodna has delivered a standout result, achieving one of Brisbane’s sharpest yields for 2025 at 3.70%, and highlights the tightly held nature of Australia Post-anchored investments. 

As the first sale of an Australia Post leased asset in 4 years, showing the tightly held nature of these assets, the sale of the two sites on behalf of a local private investor demonstrated a standout result in one of South East Queensland’s most rapidly evolving areas.  

Transacted via an expressions-of-interest campaign by the Colliers Investment Services team of Hunter Higgins and Shaun Seeto the sites at 22–24 Smiths Road in Goodna were split and sold separately, with demand coming from local and interstate buyers. 

A local Brisbane investor secured the 756sqm 22 Smiths Road site—a vacant site with an approved DA for a two-storey retail and medical centre with plans to reposition the asset for office use in the future—while a Victorian investor purchased 24 Smiths Road, currently leased to Australia Post on a long-term 10-year agreement. 

Colliers Queensland Investment Services National Director Hunter Higgins said demand for securely leased suburban retail assets remained extremely strong. 

“There’s huge appetite for well-located assets with secure national tenants and development upside. The depth of enquiry for this campaign, with over 300 interested parties, shows how tightly held these opportunities have become,” Hunter Higgins said. 

“Australia Post-leased assets are exceptionally tightly held, and this was Brisbane’s first in four years. The market responded accordingly, with strong enquiry and multiple competing offers driving an excellent outcome for our client.”  

Colliers Queensland Investment Services Senior Executive Shaun Seeto said this deal reflected a broader trend among investors targeting high-growth corridors like Ipswich, which was undergoing rapid population and infrastructure-led expansion.  

“Our strategic approach to the campaign, paired with elevated investor confidence in the Ipswich region, culminated in a competitive outcome that sets a benchmark for similar assets in Brisbane’s western corridor,” Shaun Seeto said. 

“Both purchasers were drawn to the prime location of Smiths Road in Goodna, which is the main thoroughfare for commercial precinct and benefits from proximity to multinational and global brands such as Woolworths, McDonald’s, Supercheap Auto, Repco, Hungry Jacks, Red Rooster, Dominos and Subway.” 

Ipswich is one of South East Queensland’s fastest-growing regions, underpinned by population growth and major infrastructure investment. The Ipswich LGA recorded a 3.44% annual population increase as of December 2024, with forecasts pointing to 81% growth by 2041.