Four Asset Supermarket Portfolio Comes to Market
A portfolio of four supermarket-anchored retail assets in four Australian states has come to market.
The portfolio comprises Coles Yarrabilba in Queensland (pictured at top), Woolworths Casula and Bermagui in New South Wales, and Coles Orana in Western Australia, each secured by long-term leases to the Coles Group or the Woolworths Group.
The assets are being marketed by CBRE agents Michael Hedger, Joe Tynan, James Douglas, James Sherley and Chloe Mason via a four-week on-market tender process.
Hedger said it was an opportunity to acquire individually or in one line a “portfolio of established and strong trading Woolworths and Coles supermarket investments across a strategic geographical spread over three states of Australia.”
While the vendor has not been disclosed, it has been speculated the portfolio is being offered by a private group.
Given recent transaction in the sector and improving conditions for retail, the portfolio could fetch north of $200 million is sold in one line, sources said.
The assets are being offered amid improving capital market conditions and resilient retail trading performance, particularly in supermarket-anchored and convenience-based formats tied to everyday consumer spending.
The portfolio reflects continued investor preference for assets underpinned by essential retail, with supermarkets seen as defensive due to their consistent customer demand and stable income profiles.
“These conditions have reinforced investor confidence in supermarket-backed real estate, particularly assets that combine strong tenancy, convenience-led formats and exposure to established or growing population catchments,” Tynan said.
The four properties are expected to appeal to a broad cross-section of buyers, including private investors, syndicates and institutional groups seeking long-term income security.
Douglas said the retail sector was the standout commercial real estate sector in 2025, with transaction volumes increasing by nearly 34 per cent year-on-year to $12.7 billion, “the highest annual retail investment volume since 2021; a trend we are continuing to see”.
CBRE data shows retail transaction volumes reached about $13.559 billion across 186 sales in 2025, as sentiment recovered and investor mandates shifted towards the retail sector.
