Accepting a bad tenant will inevitably lead to problems. While there’s no foolproof way to avoid every potentially bad egg, most can be identified with the appropriate due diligence; this means conducting a comprehensive tenant screening to evaluate each applicant. Without thorough tenant assessment and steadfast administration of strict standards, … Read more
With numerous people using bathrooms and kitchen facilities each day, commercial properties commonly use a substantial amount of water. Leaking taps and pipes will escalate water consumption, and if not identified and fixed early, can lead to a significant increase in water bills and costly repairs. Commercial facilities with toilets, … Read more
You’ve got a great business idea. You’ve been searching for the right property for months, monitoring up-and-coming areas, and trawling the internet religiously. Then one day that space that’s perfect for selling your unique brand of widget has a ‘for lease’ sign in the window. The agent gets you through … Read more
Many commercial leases stipulate that tenants must reimburse maintenance expenses and property running costs to the landlord. These recoverable outgoings may include (but are not limited to) rates, insurance, water, electricity, body corporate fees, general repairs and maintenance, and in some cases land tax. Generally, a budget outlining annual outgoings … Read more
The only industrial land in the booming Redlands area, stages 3A, 4A and 4B of the Redlands Business Park development…
Many commercial property investors often miss opportunities to optimise their portfolios by overlooking some very basic asset management fundamentals. Anyone with financial capacity can become a commercial property investor, but few have the expertise or the time to adequately manage their assets, or alternatively find an experienced and knowledgeable … Read more
The appearance and cleanliness of workplace amenities and facilities can seriously impact how businesses are perceived. Sightings of pests in common areas, bathrooms and foyers can leave long-lasting negative impressions. Even worse, with pests carrying the potential to cause serious health issues and significant damage to properties, infestations can become … Read more
By definition, a commercial property could include retail, industrial, office, and mixed-use buildings. Managing a commercial investment takes time and there are things you must know in order to manage buildings like these effectively. We recommend carefully considering the pros and cons of investing in commercial property and conducting a thorough … Read more
Two commercial spaces in the tightly-held Manly village have hit the market, providing the rare opportunity to snap up a…
The past year has been a strong period of commercial sales for the Bayside region with local and interstate investors…