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Elders has acquired two Central Queensland businesses as part of its strategy to establish a commercial hub in Rockhampton.
The company has purchased Pat O’Driscoll Real Estate and Knight Frank Rockhampton. As part of the deal, Knight Frank Commercial will rebrand as Elders Commercial Rockhampton, while Pat O’Driscoll Real Estate will retain its current branding.
The move follows Elders’ expansion into Gladstone last year.
Tom Russo, divisional CEO of Elders Real Estate, said the acquisitions aligned with the company’s goal of deepening its regional presence.
“Central Queensland is one of Australia’s most dynamic regional economies, and establishing a strong commercial platform here has been a priority,” he said.
“Elders Commercial Rockhampton adds depth, capability and a team with genuinely unmatched local knowledge. This move strengthens our presence across the region, positioning Elders to support more clients across the full breadth of the property market.”
Incoming managing directors Pat O’Driscoll and Neale Crow said Elders’ branding resonates strongly in Central Queensland and reflects a deep connection to the community.
“Elders are an Australian company with a reputation that resonates strongly in metropolitan and regional markets,” they said.
“In the beef capital of Australia, that connection to regional Australia matters. Our team saw alignment in culture, philosophy and the way we do business, particularly around people, and fostering long-term client relationships. This partnership gives us the engine to grow, while staying true to who we are.”
The new team brings decades of commercial, rural, and residential experience, with strong community connections supporting Elders’ growth in Central Queensland.
John Talbot, head of commercial real estate at Elders, said the Rockhampton market would support the network’s national growth strategy.
“Rockhampton has long been one of Queensland’s strongest commercial markets, and the team joining us has delivered exceptional results for many years,” he said.
“This partnership enhances our capability in Central Queensland and supports the broader national strategy to grow Elders Commercial.”
“It ensures our clients benefit from deep local expertise, supported by a connected national network and unified database of active buyers and sellers. Looking ahead, we will continue to pursue targeted acquisitions and partnerships in priority regional and metropolitan markets aligned to our strategy.”
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