Onefin: building with skin in the game
In a sector where pre-commitments and anchor tenants are often the cornerstone of Large Format Retail development, Queensland-based Onefin is flipping the model by becoming the anchor tenant themselves.
With a growing portfolio of Large Format Retail Centres, Onefin – a private Queensland-based company with interests across property development, hospitality, and early learning – is carving out a distinct identity in the sector. It’s an identity defined by long-term ownership, operational commitment, and deep local market knowledge.
Backing themselves, backing the sector
“We don’t just ask tenants to commit, we commit ourselves,” says Onefin co-founder and director Will Griffin. “At every site, we co-locate. We acquire the land, develop it, and we put our own businesses there too. That’s a statement of our confidence in both the property and its long-term viability.”
It’s a model that sees Onefin actively operate businesses on their sites. For instance, the company owns and operates River Road Tavern and River Road Liquor at Logan River Road in Beenleigh, as are Honour Early Learning and River Road Liquor at Eagleby, and Onecom Property Management in Virginia.
In Virginia, Onefin is retaining units at the rear of the site for its own property management arm, signalling not just investment, but embedded stewardship.
Onefin’s hands-on approach makes them more than just developers, they’re active contributors to the precincts they build.
Growth corridors, real commitments
According to Griffin, “The Virginia development represents a cornerstone of Onefin’s metro growth strategy and its next major milestone.”
Located at 2069–2071 Sandgate Road in Virginia, the project will deliver a new Large Format Retail precinct in one of Brisbane’s most accessible industrial and retail corridors. The precinct will consist of two buildings providing over 3500 m2 of GFA and a service station.
With construction set to begin in Q3 2025 and completion due in Q3 2026, OneFin plans to retain units at the rear of the site for its own property management arm, Onecom.
Substantial leasing opportunities remain, and Griffin is eager to see the precinct grow into a vibrant, long-term destination for both national retailers and the surrounding community.
The same can be said of the company’s Townsville’s Northshore development. Located at 6 – 20 Market Street in Burdell, this large-scale project sits within one of Queensland’s most active northern growth corridors.,
The property spans 18,82t7 m² and is zoned Emerging Community. Designed to house a retail centre, QSR (quick service restaurants), and a childcare centre, the development will offer 4,308 m² of Gross Floor Area. Construction completion is on track for Q3 2025. The development reflects Onefin’s confidence in regional Large Format Retail and its willingness to lead by example in untapped markets.
Long-term Vision, tangible presence
With over 300 staff across their various businesses, Onefin doesn’t just stand behind its developments, it stands within them. With more than $500 million in completed projects and a similarly sized pipeline, Onefin continues to target high-growth regions across Queensland, leveraging their unique co-tenancy model and long-term vision.
