An interstate investor has bought 409-419 Sydney Road Brunswick tenanted by Bunnings and Australia Post on a yield of 2.86%.
The successful sale of this 3,700sqm strategic landholding situated in the heart of Brunswick was a record low yield for the sale of … Read the full post »
Private investor George Saade has listed five shops built into the ground floor of Prahran’s former Station Hotel.
Returning total annual rent of $442,769, the portfolio, branded The Greville Street Collection, is expected to sell for about $8 million.
Individually, the retail investments at 92-106 Greville Street carry price guides of between … Read the full post »
When you are a property owner or investor looking to sell
your property in Melbourne it is wise to understand the different cycles of
property sales as they happen in your local area and with your property type.
For
example, in any given year there are times where it is quite predictable as to
the levels of sale success and sale enquiry. It has a lot to do with:… Read the full post »
When you are ready to buy a commercial property in Melbourne, there are things to look for and investigate. As an informed person, you can watch for the ideal property and market conditions to suit your budget. They say that ‘timing is critical’ with some property purchases, and that would be true … Read the full post »
In commercial and retail property performance, your rental
is foundational to the results that you seek for the investment. The rent must be protected from volatility
and risk. That’s where professional
property management and leasing skills have a role to play. When you purchase a new investment property
in Melbourne, the other disciplines control things for you and … Read the full post »
A Moonee Ponds shopping centre on nearly half an acre of land has been snapped up by a Chinese investor the day before a scheduled auction.
Private investor George Saade listed Phillips Arcade at 31-43 Puckle Street, last month.
It was set to be auctioned today.
The double-storey complex contains 1388 square metres of area, configured with 14 ground floor shops and a large upstairs office.
Phillips Arcade occupies an 1887 … Read the full post »
Most retail properties can be improved from an investment perspective. Whilst the location of the property can’t change, you can do things within the property that will very likely add value or investment stability. A well laid out business plan for the property can become an evolving strategy for the investor, assisting with maximising the assets potential value and income. A professional property and asset manager with experience in retail … Read the full post »
In commercial or retail real estate investment in Melbourne, wherever and whenever possible formulate your tenancy, lease, and monetary decisions with a bias towards the value that you can add to the investment. Consider the decisions you make ‘strategically’ to support the investment over time.
It doesn’t matter whether you own an office or retail property, the decisions that you make are always critical to the investment over time. In every … Read the full post »