Stonebridge $26M Ripley Central Retail Result

3 October 2025
Stonebridge $26M Ripley Central Retail Result

Stonebridge Property Group is proud to announce the strategic sell down of five prime retail investments at Ripley Central on behalf of Griffith Group, delivering an exceptional combined result of $26,145,000 at a blended yield of 5.45%.

Ripley Central, developed by Griffith Group, is a state-of-the-art retail and services precinct anchored by national brands including Starbucks, 7-Eleven, Subway, Bottlemart, The Cheesecake Shop, Sparkletown Car Wash, and Swim Factory.

The mixed-use development, positioned at the heart of Queensland’s fastest growing suburb, attracted significant demand from investors nationally. Following a carefully executed campaign strategy, Stonebridge successfully transacted the five lots via a combination of National Portfolio Auction and Expressions of Interest processes.

Key transactions include:

  • Starbucks Ripley – $5,540,000, 4.59% Yield

    • Achieved the sharpest yield for a Starbucks investment nationally in more than five years, following a spirited auction with 35 bids.

  • Strip Retail Centre Ripley – $6,170,000, 5.49% Yield

    • Secured through an Expressions of Interest process, with five competitive offers received.

  • 7-Eleven & Subway Ripley – $8,150,000, 5.63% Yield

    • Sold via Expressions of Interest after attracting 146 enquiries and eight strong offers.

  • Swim Factory & Sparkletown Car Wash lots

    • Transacted via National Portfolio auction campaigns following strong investor engagement.

The five campaigns were conducted by Stonebridge’s Tom Moreland, Michael Collins, Harry Curtain and Thomas Proberts.

Commenting on the results, Tom Moreland, Partner at Stonebridge said, “We are proud to have worked alongside Griffith Group on this strategic campaign. We amassed over 400 enquiries across the 5 individual lots, demonstrating the high level of demand for quality freestanding retail investments, particularly those which are newly built, possess long-term lease fundamentals and positioned in major growth locations such as Ripley – one of Queensland’s largest urban growth corridors.”

Stonebridge’s Harry Curtain added “Buyer sentiment is very strong at present and a scarcity of newly built, ‘development-grade’ offerings across the retail investment market is driving heightened competition across our recent campaigns, whether it be fuel & convenience, fast food, LFR or service based retail.”