A Complete Guide to Commercial Property Transactions in Queensland (2025 Update)
Buying or selling commercial property in Queensland is very different from residential conveyancing. The process is more document-heavy, risk-driven, and requires early legal advice to avoid expensive mistakes.
This guide explains the key steps, common risks, and how a commercial property lawyer can protect your interests.
1. Types of Commercial Property in QLD
Retail shops & restaurants
Office buildings
Industrial warehouses
Mixed-use commercial assets
Strata commercial lots
Development sites & vacant commercial land
Each category has different lease obligations, disclosure requirements and GST considerations, so proper due diligence is essential.
2. Key Steps in a Commercial Property Purchase
1) Pre-Contract Review
A commercial contract often includes:
Special Conditions (building use, licences, lease assignment, fit-out)
Outgoings structure
GST & going concern rules
Due diligence periods
Disclosure Statements under the Retail Shop Leases Act
A solicitor should review before signing to ensure these clauses protect you—not the other side.
2) Due Diligence (Usually 7–30 days)
We commonly review:
Title search + encumbrances
PPSR registrations
Lease agreements + rent schedule
Fire safety compliance
Building approvals & certificates
Land tax
Zoning & development restrictions
Financial statements (for leased properties)
3) Finance, Valuation & GST Planning
A commercial property may attract:
GST on purchase
Margin scheme
Going concern exemption
Incorrect GST treatment can cost thousands. Legal and accountant input is crucial.
4) Lease Assignment or New Lease
When buying a tenanted property, the assignment process includes:
Landlord consent
Surrender agreements
Disclosure obligations
Reviewing existing lease obligations
Negotiating rent reviews & options
5) Settlement & Handover
On settlement, we prepare:
PEXA workspace
Adjustments (rent, outgoings, land tax)
Assignment of lease
Transfer documents
Keys, codes, and handover checklist
3. How We Protect Our Clients
At R&G Law Group, we:
Provide fixed fees for most commercial transactions
Review contracts before signing
Customise special conditions to reduce long-term risks
Handle PEXA settlement and leasing documents
Provide bilingual support for Chinese buyers & sellers
4. When to Seek Legal Advice
Contact a solicitor before signing to protect your GST treatment, due diligence rights and lease obligations.
