Property Workshop 2008?

All year, people have been pestering me to know when it will be. Well, the date has now been set for Saturday 1 March.

Again, it will be held within the Melbourne CBD — to make it easy for those flying in from interstate and overseas.

The last full-day Workshop turned out to be far too crowded. So, this one will be limited to only 27 people!

And, therefore, it will be on a first-come-first-served basis!
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See How Easily You Can Own a City Investment

You can own a 10th floor office Suite for just $235,000.

If you are looking in the $200,000 to $250,00 price range, and want to move away from residential apartments … this could be what your are after.
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Keeping your Eye on Building Costs

Every six months, you’ll find Rider Levett Bucknall publish their “Oceania Construction Cost Commentary”. In this posting, you’ll find an extract from their July 2007 publication — which covers both the Australian and New Zealand markets.
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When Your Tenants Leave …

Depending upon what your Lease specifies upon termination, the cost to “make good” the property can vary dramatically. Furthermore, the tenancy fit-out (and original condition) of the property can also impact on that cost.
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The Resources Boom Distortion

Your latest G+L eBulletin is now available. And you will be astonished at just how much the Resources boom has been impacting upon the Office markets around the country.

How will it affect you?

Interestingly, it is not spread evenly across Australia — so make sure you’re not caught unaware.

Read the full G+L eBulletin — Winter 2007

How Hot is the Market?

Every now and then, I’ll have a client call to check just how the market is traveling relative to the 1980s. And there is no question that it’s strong — but you do need to place it into context.

In the last eBulletin, I tried to give you an overview of where things stood. Recently, the ANZ Bank’s research team put out a report — and an extract from that reads …
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Here’s another Investment Opportunity

The earlier fringe-city Investment Property has been snapped up.

However, our Sales team at GrayJohnson have just listed a compact CBD Office Investment. And I’ve asked if my clients could have “first look” at it — before embarking on any formal advertising campaign.
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Interested in a City-Fringe Investment?

Late last week, I was given advance notice of a soon-to-be-finalised tenancy, on a 4-year lease — for a brand-new commercial building.

You’re looking at $644,000 as an asking price. However, I’m sure we can do a bit better than that.

So, if you think this would fit within your portfolio … “let me know”:mailto:[email protected], and I can then provide you with some more details.

Feedback on the Office of the Future

When I made mention of the revolving building planned for Dubai, a couple of people came back to me with some fascinating material.

If you’re interested you can “take a look”:http://commercialpropertymadeeasy.com/assets/2007/4/24/DubaiProjects.pps at what’s really going on over there.

Your Office of the Future

Imagine a building that makes oxygen … distils water … produces energy … and changes with the seasons. It’s all possible with the technology we now possess. Yet, in some cases, going “Green” it is simply too cost prohibitive.

However, in Dubai, they now have plans for a completely-revolving, 30-storey Tower — designed by Glen Hawells. And you’ll find that stored solar energy will power the revolving motion.
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Commercial Property Sales for 2006

As you have probably gathered, the demand for Commercial Property last year was strong.

In a recent article in the Financial Review, a report by CB Richard Ellis calculated that a record of $14 billion worth of Office, Retail, Industrial and Hotel property changed hands in Australia in 2006.

The accompanying table will give you a comparative summary of sales activity over the past 10 years.
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