The property was sold via private treaty following strong competition and multiple offers.
Marketed and negotiated by Franz Stapelberg and Nicolas Milner from RWC Medical, the campaign drew exceptional interest, with 90 per cent of enquiries coming from owner occupiers – a clear indicator of the undersupplied market and a major driver behind the record-breaking rate achieved.
“This result reflects just how aggressively owner-occupiers are pursuing quality commercial opportunities in Brisbane” said Nicolas Milner. “The lack of supply across Brisbane’s medical and professional sectors is creating real urgency among buyers. Groups that might previously have leased are now securing ownership to protect their long-term position, driving sharper pricing outcomes.”
The purchaser, a specialist medical operator, secured the site for its future practice. The property is a subdivided lot within a medical and childcare development undertaken by Blume Property Group. The vendor successfully capitalised on the current wave of owner-occupier demand and tightening supply conditions.
According to Franz Stapelberg, broader economic forces are also playing a pivotal role in reshaping the commercial landscape.
“Rising construction costs are causing a direct impact on inflating commercial rents,” he said. “We’re seeing more owner-occupiers take a step back and ask whether they’re better off owning their premises, particularly through their SMSF. For a lot of them, it’s becoming a smarter, more secure long-term move than continuing to absorb escalating leasing costs. That shift in thinking is playing a big role in how demand is evolving across the medical and professional sectors.”
The agents noted that owner-occupier activity – particularly among medical and professional services – continues to create major uplift in this asset class, with limited stock availability intensifying competition and elevating pricing benchmarks across Brisbane.
“The result has set a new benchmark for vacant commercial freeholds in Brisbane’s South” added Milner. “It demonstrates just how strong the appetite is in today’s owner-occupier market, especially for well-located freestanding properties with future adaptability.”
A new medical centre is on track to open early next year in one of Moreton Bay’s fastest-growing suburbs — bringing fresh healthcare infrastructure just as demand surges across the region. Plans are now finalised, and the development is poised to support local residents with modern medical services and convenient community-level care.
RWC Medical’s Franz Stapelberg and Nicolas Milner have successfully transacted two high-profile assets in Brisbane’s metropolitan fringe; a medical freehold and a volumetric LFR investment.