The Truth Behind Falling Office Workspace Ratios

THE QUESTION IS: Have the major corporate tenants been "sold a pup"? Or have their Financial Controllers merely been focusing upon cost savings, rather than employee productivity?

Why not watch this short video and then, make up your own mind?

Continue Reading

Why Choose Commercial Property Over Residential?

Commercial

OBVIOUSLY, THIS IS the question every residential investor asks … whenever they are considering the transition across to Commercial property.

However, you will quickly discover the reasons are rather compelling. [Read more…]

What Can You Do When Your Tenant Leaves?

Empty-Office

THE FIRST THING you need to do is come up with some creative ways to address this … AND still maintain your sanity, at the same time.

But no matter what your approach may be, there are several things you always need to do. [Read more…]

Now It’s Priced to Sell

HardwareLane

LATE LAST YEAR, Tenders were called for this Hardware Lane property — which closed just before Christmas.

Over the holiday break, negotiations progressed with two parties … without actually concluding a deal.

However, in the process, the Vendor has significantly reduce the price at which he is now prepared to sell.

The 5-level property is fully leased. And on the lower two levels, the Restaurant/Bar has a new 10+10 year lease, from September last year.

As of this month, the NET Passing Rental is $446,885 per annum. Furthermore, the property offers you a good spread of 6 tenancies, and 8 separate titles — including the Air Rights above the building.

Hardware-VidFeel free to visit the detailed website.

And if you are interested … give me a call on (0425 791 254) straight away — because both selling agents have now notified their databases of the latest pricing position.

Bottom Line: This offers you a great opportunity to secure a truly classy building, in a bustling precinct of the Melbourne CBD.

Investment Opportunity … 67-73 Hardware Lane, Melb

Hardware-Lane

THIS TROPHY BUILDING is being offered for Sale by Tender — closing at 3 pm on Wednesday, 10 December 2014 (AEDT).

The magic of Melbourne’s cafe culture within its streets and laneways is well known throughout the world. And nowhere captures this cosmopolitan mix of food and buildings … quite like Hardware Lane. [Read more…]

Commercial Property: State of The Nation

Office-Buildings

OFFICE VACANCY RATES have lept towards 15% in Brisbane, Darwin, Canberra, Adelaide and Perth. And this takes the national average to 12.4%, as an overall vacancy level.

However, businesses are now leasing space once again in both Sydney and Melbourne — where their vacancy rates are currently hovering around 10%, according to Jones Lang LaSalle. [Read more…]

Office Markets Around Australia

CBD-Offices

NO LONGER are the Office markets in sync, for the main capital cities around Australia.

During the last century, the CBD markets seemed to operate within a fairly regular 18-year cycle — in other words, from “peak to peak”.

However, all at ceased when the Global Financial Crisis hit in 2008. [Read more…]

Docklands Melb: High-yield Commercial Property Investment

Aquavista-Building

HERE YOU HAVE 110 car spaces within the Aquavista Building — on separate titles — and with a single tenant leasing them all.

The current Net Rental is $432,274.70 per annum (from 1 July 2014)

This sale by Public Tender only comes about, because two of my clients have agreed to offer their (adjoining) Parcels … where each one contains 55 car spaces. [Read more…]

Demand for Office Space on the Improve

Office-development

AN ARTICLE in the Weekend Financial Review (Page 39) opened with … “Macquarrie Group, a bellwether for the strength of the office leasing market, is expanding.”

And this clearly accords with a recent report released by BIS Shrapnel, which confirmed the Office recovery would be stronger in “service and trade exposed markets like Sydney and Melbourne, but weaker in the mining-based markets such as Perth and Brisbane.” [Read more…]

Residential and Commercial Property Cycles

Investment-Cycles

WHERE ARE WE right now? And what actually determines the Cycles for each sector?

As it happens, most people believe every sector is quickly affected by interest rate movements. Whereas, that’s not strictly true.

And where interest rates do have an effect … the actual timing of that also varies. [Read more…]

A Growing Economy is Good For Commercial Property

Homemaker-Centre

HAVE YOU NOTICED how people are generally now acting in a far more positive manner. And that’s simply because they are starting to feel “wealthy” again. [Read more…]