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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Household Debt may actually be “Healthy”!

In an “earlier posting”:https://commercialpropertymadeeasy.com/2007/06/26/family-finances-are-being-stretched/, I raised concern over the dramatic increase in household debt — to the point where it now sits at over 150% of household disposable incomes.

As you can appreciate, the major concern has been as to how rising home-mortgage interest rates might cause a flow-on effect for Commercial investors. And this is because a fall in residential prices could adversely impact upon the security for any line-of-credit you may have against your home.
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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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Retail Property Activity Continues

As the government spending and tax cuts add to consumer demand, you’ll see the Australian economy continue to grow strongly.
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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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Site Contamination Needs to be Addressed

Whenever you acquire a Commercial property, you would normally investigate this as part of your Due Diligence — depending upon the current use made of the property.
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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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The Retail Dilemma

You would have been reading the reports lately about improved consumer sentiment; and retail sales certainly do seem to be on the improve.

But as you look around Australia; there has also been an incredible amount of new retail space come onto the market.
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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”:https://commercialpropertymadeeasy.com/assets/2007/4/24/DubaiProjects.pps at what’s really going on over there.

Australia’s Skills Shortage — Relief in Sight

You would have seen a fair amount of publicity about there being a looming skills shortage. And with the Construction industry, it still remains a dominant concern.

However, a recent survey conducted by Davis Langdon suggests there is a “glimmer of hope, with varying degrees of easing recorded across all trades.”
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