De Luca sells Berrinba health and retail centre for $15.7m
De Luca Corporation sold the Berrinba Healthcare & Retail Centre in Queensland at a 5.55 per cent passing yield, to an unnamed interstate private investor.
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De Luca Corporation has sold the Berrinba Healthcare & Retail Centre at 204/486 Browns Plains Road, Berrinba (Logan, south-east Queensland), for $15.655 million, Real Estate Source reported on 10 November 2026. The buyer is an unnamed interstate-based private investor.
Why it matters
The sale is the second Berrinba Central holding De Luca has sold in about six months, according to the same report. It shows a developer-held, newly completed asset moving to a private investor in the Logan local government area, about 22 km south-west of Brisbane’s CBD as the outlet describes it.
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The headline figure of $15.7m in this story rounds the $15.655 million price Real Estate Source gives, and the outlet states that price at a 5.55 per cent passing yield. The centre is described as a healthcare and retail asset completed in 2025. The report does not name the buyer and does not give a settlement date.
The numbers
The centre occupies a 4506 sqm site on a Wayne Goss Drive corner, inside the master-planned Berrinba Central precinct. Real Estate Source says it was completed in 2025 and holds 1877 sqm of medical, retail and service space with 67 car parks.
Named occupiers in the report are Jetts Fitness, OceansPlus Medical Centre, Painstop Physiotherapy, QML Pathology, Ray White, Cafe 63 and Deep South Chicken. The asset was offered with fixed annual rental increases of 3 to 4 per cent, the outlet says.
Yosh Mendis of CBRE and Josh Scapolan are named as the selling agents.
What’s next
About six months earlier, according to Real Estate Source, De Luca sold 5-7 Peter Way, another Berrinba Central holding, for $13.8 million to an interstate investor. That property is a two-level, 3157 sqm office and essential services complex that includes an 86-place childcare centre backed by Oxanda Education, and 40 car parks.
The report does not name the buyer of either property, and both are described only as interstate investors. Related reading: Logan Reserve 141 lots approved. The price, yield, site area, floor area, car parking and tenant list in this story all come from the Real Estate Source report, and we have not checked them against a contract or title record.
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Quick answers
How much did De Luca sell the Berrinba health and retail centre in Queensland for?
De Luca Corporation sold the Berrinba Healthcare & Retail Centre in Queensland at a 5.55 per cent passing yield, to an unnamed interstate private investor.
What are the key numbers in this story?
sale price: $15.7m; passing yield: 5.55%; site area: 4,506 sqm.
Where does this information come from?
This story cites Real Estate Source. Every source is linked on the page.
Sources
Also reported by
- Real Estate SourceDe Luca sells another piece of Berrinba Central
Filed by the AusDev Queensland Desk. How we report.