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Raine & Horne Commercial Southern Highlands has expanded its footprint in the region by launching a second office in Mittagong, already clocking $11 million in sales.
Led by principal Matthew Anstee and commercial property specialist Lisa O’Neill, the new office is expected to fill a significant gap in the Southern Highlands commercial market, offering sales and leasing services.
Chris Nicholl, chief executive officer of Raine & Horne, said Anstee’s decision to open the new office in Mittagong was strategically timed and backed by the expertise of Anstee and O’Neill.
“Matt is renowned for record-breaking sales and building exceptional business relationships, which are all underpinned by the highest level of professionalism,” Nicholl said.
“Lisa brings an incredible passion for commercial property, and her experience as an industrial property investor gives her a unique perspective that truly connects with vendors and buyers.”
Among its recent milestones, the office secured a $2.27 million warehouse sale in Braemar, a $5 million transaction for an industrial site with development potential, and a warehouse in Moss Vale for $3.3 million.
Anstee, who also operates residential and rural Raine & Horne offices in Bowral and Moss Vale, said the decision to launch his first commercial office stemmed from a clear market need.
“There are competitors focused on property management, but when it comes to sales and leasing with the backing of a major national brand such as Raine & Horne Commercial, there’s a real gap.”
Anstee said that the team at Raine & Horne Southern Highlands are backed with the expertise to support the demands of vendors, buyers, lessors and lessees.
“Lisa has already completed over $11 million in commercial sales, which is an incredible result for a new office,” Anstee said.
Nicholl said the Southern Highlands’ diverse economy and strategic location between Sydney and Canberra make it an attractive hub for investors and small business owners seeking industrial, retail and office spaces.
“The Southern Highlands economy is diverse, with key sectors including tourism, agribusiness, manufacturing, and professional services,” Nicholl said.
“There is also strong interest from investors keen to secure high-quality commercial properties with solid, long-term leases.”
O’Neill said that activity of commercial property sales in the Southern Highlands have surged over the past 18 months.
She said that estate planning has led to a wave of family-owned properties hitting the market, creating fresh opportunities for buyers.
“We’re seeing long-held, family-owned properties come to market as owners look to restructure, divest, or plan for the next generation,” O’Neill said.
O’Neill added that office, retail, and industrial properties with secure leases are performing well in the current market, yielding 6–7 per cent.
She also said that there is a rise in small local businesses that are outgrowing their current locations.
“We’re seeing strong demand from small business owners who started in their backyards or garages and are now looking for larger industrial, retail, or office spaces to support their growth,” she said.
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