• Asset: 209 Robina Town Centre Drive, Robina QLD
• Building: completed in 2020, about 5,944 sqm across four levels
• Parking: 200 on-site spaces
• Occupancy: fully leased
• Major tenant: Metricon, about 73 per cent of income, in occupation since completion
• Income: more than $3.2 million a year
• Agents: Colliers (Steven King, Sam Arkell, Marshall Smith) and CBRE (Mark Witheriff, Jack Morrison)
• Campaign: expressions of interest close Tuesday 10 November 2026

The building is on a prominent corner in Robina's commercial core, close to Robina Town Centre, Robina Hospital, Bond University and Robina train station, with easy access to the M1. Few office locations on the Gold Coast combine retail, health, education and rail like this.

Metricon, one of Australia's largest home builders, has occupied the building since it was built. The agents describe it as a blue-chip corporate headquarters with a diverse tenant mix behind the anchor. At around five years old, it should need little capital spending in the near term.

Robina has been one of the strongest performers in the Gold Coast office market. Vacancy has stayed below 5 per cent for several years, thanks to limited new supply and steady demand from health, education, professional services and corporate occupiers relocating to the coast.

The bigger picture helps too. The Gold Coast keeps adding population, and major infrastructure investment keeps flowing into the city. With construction costs high, few new office buildings are being started, which keeps pressure on existing stock. The agents also see room for rent growth as current leases expire.

CBRE's Mark Witheriff says the building offers a chance to buy below estimated replacement cost, given current construction costs. That is a recurring theme in 2026: many buyers are choosing quality existing buildings over the risk and expense of developing new ones.

• Tenant concentration: with Metricon providing most of the income, the strength and term of its lease will be central to pricing.
• Rent growth: a market with low vacancy supports rent increases at lease expiry.
• Building quality: a near-new building means lower capital spending and better appeal to tenants.
• Location: rail, hospital, university and town centre access underpin long-term demand.

The Robina campaign comes amid a wave of activity in south-east Queensland office. In Brisbane, 10 Browning Street in South Brisbane sold this week for $81 million at an 8.4 per cent yield, and 133 Mary Street in the CBD traded for $81.8 million in September. On the Gold Coast, Hope Island Central sold earlier this year for about $62.2 million. Offshore and private buyers are increasingly active across the region.

• Low vacancy supports value. Tight markets like Robina give owners pricing power with both tenants and buyers.
• Quality anchors sell buildings. A national tenant in occupation since day one is a strong selling point.
• Precinct matters. Being near transport, health and education keeps demand steady.
• Present it properly. Strong photography, aerials and precinct mapping help buyers understand why a location works.

Expressions of interest close on 10 November. Watch the yield achieved, which will set a fresh benchmark for Gold Coast office, and whether the buyer is local, interstate or offshore.

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