LEAVING ASIDE the effect of Covid has had on the general economy, the consequent drop in population growth and immigration will have a lasting impact upon … [Read more…]
Commercial Property Outlook
4 August, 2021 by 1 Comment
THERE HAS BEEN much talk about Commercial Property emerging post-Covid. So, let’s quickly explore just how things are likely to unfold. [Read more…]
When Buying … Why Would You Accept a Passing Yield Lower Than Market Level?
7 July, 2021 by Leave a Comment
ON THE FACE OF IT … there’s no logical reason why you would.
Unless of course, you were intending to occupy the property when the current lease expires. In which case, the initial low rental is really of little (or no) importance to you. [Read more…]
Tenders Due to Close on Thursday 27 May
20 May, 2021 by Leave a Comment
This Property offers you a really “clean” Opportunity
It’s just one Building … with one Title… and one ASX-backed Tenant … paying $435,000 per annum NET – which is due to increase to $452,400 per annum in September this year.
Simonds Homes has taken out a fresh 5-year lease … with a 6-month Bank Guarantee. [Read more…]
Here’s Something You Probably Should Consider!
29 April, 2021 by Leave a Comment
THIS INVESTMENT OPPORTUNITY has a fresh 5-year lease to “Simonds Homes” … along with a 6-month Bank Guarantee – plus, it’s also backed by an ASX-listed company. [Read more…]
Why is Everyone Surprised at Our Speedy Recovery?
22 April, 2021 by Leave a Comment
IF YOU REMEMBER back to last May and June of last year, I explained that the economic decline caused by COVID was quite different from any other recessions.
What we experienced was a Medical Crisis with economic implications. As opposed to a total collapse of the Financial System – as you experienced during the GFC. [Read more…]
Retail Sector Still Struggles
24 March, 2021 by Leave a Comment
ONLINE SHOPPING boomed during the lockdown. However, smaller retail outlets in strip centres and malls are actually struggling.
A recent study showed 37% of some 10,000 tenancies are run by small business owners – with just 1 to 3 outlets. And they mostly comprise food, health and beauty. [Read more…]
How Will COVID Affect CBD Office Vacancy Rates?
10 March, 2021 by Leave a Comment
IN LATE JANUARY, the Property Council of Australia released its 6-monthly summary of CBD vacancy rates around Australia.
And not surprisingly, there has been an increase across the board – following a slow return of office work, as a result of COVID. [Read more…]
Looking at Commercial Property Post-COVID
17 February, 2021 by Leave a Comment
CLEARLY, THE WINNER throughout 2020 has been warehousing and logistics – due to the massive surgeon online shopping, during the pandemic. And hopefully, that will eventually flow on to bricks-and-mortar retailing.
The other impact of online shopping has been the increased demand for cloud computing and information storage. And in turn, this has seen growth in demand for data centres. [Read more…]
The Rapid Recovery Should NOT Come as a Surprise
3 December, 2020 by Leave a Comment
YOU MAY RECALL back in May and July, I foreshadowed a quick recovery would occur – as soon as we emerged from lockdown.
You see, what we’ve just been through, is a medical crisis with financial implications. NOT a total financial collapse – like we had during the GFC.
As such, “Demand” didn’t disappear … it simply got deferred. And you’ve already observed that with consumers now engaging in “Retail revenge” – as depicted in the graphic below (AFR, front page: 3 Dec 2020).
During the pandemic my clients seemed to fall into two camps:
- Those who feared a total collapse, with a prolonged recovery.
- Those who listened and saw the opportunity to secure a good property, while the market itself remained confused.
Already you are seeing eager buyers re-entering the property market (both residential and commercial) – with prices on the rise once more.
Therefore, those who did buy during the pandemic are now having their faith vindicated. And now, the strength of this renewed demand is bringing more properties onto the market.
Therein, Lies Your Next Opportunity
Not all the properties coming onto the market during November & December can be absorbed before Christmas.
Naturally, this will make those vendors somewhat unsettled – because the commercial market doesn’t officially reopen again until February/March.
So, if you are cashed up and able to move quickly … there should be a number of good choices for you early in the New Year.
Bottom Line: What I’m planning to do is compile a list of those unsold properties for my clients. And then, we’ll quietly sift through these opportunities together – to help clients secure several genuine bargains.
If that could be of interest to you … just let me know.
7 Handy Tips You Can Use in Your Next Negotiation
4 November, 2020 by Leave a Comment
IN ANY NEGOTIATION there will always be times when you need to think on your feet. To help you, here are a few tips you might care to add to your Toolbox.
