Saturday, 12 September 2015

Misconceptions Potential Commercial Property Investors Should Overcome

Commercial property investing, especially in a bustling city like Perth, can be a rewarding experience. There’s always someone new lining up to get a piece of the action. Yet with the many opportunities that come along with investing in commercial properties, it’s a wonder why some investors would rather stay away from it. Succeeding in this field entails overcoming a few misconceptions. It’s Too Risky Some investors are held back by the fear that they won’t make a substantial profit. That is a valid concern, but with the right preparations, you can manage risks to a reasonable degree and emerge profitable. Among other things, identify which business needs you can fill in your chosen target market so you can find a suitable property and avoid gambling your capital away.

Friday, 11 September 2015

From Home Office to Commercial Real Estate: Tips for the Big Move

You’ve finally made it, and now you’re ready to move up the ladder, venture out into the real world of business. Your home-based office in Perth served you well in the past, but now that you have realised the need to expand, your converted space may no longer prove practical. You will soon need to move out of your home and identify commercial real estate that will serve as your official base of operations in Perth. That might prove easier said than done, however, so to help you with the big move, here are a few tips to consider.

Thursday, 10 September 2015

Great Management Advice for Commercial Property Landlords in Perth

It’s great to be the boss, and a landlord at that. Yet with the perks of commercial property investment in a major city like Perth come certain responsibilities that you, as the landlord, need to fulfil. You also have tasks such as tenant screening, rent collection, maintenance, and so much more to accomplish. Fortunately, you don’t have to do it all on your own. With the right strategy, you can meet all your obligations as a landlord without giving up your day job. Here are some helpful management tips to consider.

Wednesday, 9 September 2015

Perth Commercial Real Estate: 3 Key Factors in Choosing a Location

Location, location, location: the classic phrase that significantly influences the success of every Perth business, no matter the form, the size, or the industry. Aside from location, these key decision points warrant your every consideration when choosing which commercial real estate to acquire. Competition The more competition there is in a particular location, the more price-sensitive customers tend to become. With so many alternatives offered to consumers, you’ll have to adjust your pricing closer to the local average to gain a good share of the market (without necessarily curtailing your profits). You must also consider how established your competitors are so you can modify your offerings or marketing strategy accordingly.

Tuesday, 8 September 2015

Perth Commercial Property: Making Storage More Enticing to Businesses

Many businesses in Perth need to rent or lease commercial property storage units for a variety of reasons. Some may require them during expansion when they’re temporarily overstocked, some take advantage of the short-term lease as they’re relocating or renovating, whilst others simply want more floor space for office work. Meanwhile, some online retailers need to lease product warehouses for order fulfilment. If you own a self-storage facility, there are things you must consider before serving the commercial market. Business looks promising if your facility is located near a commercial or industrial area. Even if you’re surrounded by residences and there are no business parks within a 5 to 10 mile radius, you can still offer storage for schools, small business owners, and housing contractors within your vicinity.

Sunday, 6 September 2015

Auctioning an Industrial Property for Sale: 3 Smart Tips for Sellers

Do you need to set your industrial property for sale now and liquidate ASAP? Is it taking you too long to find a buyer who will agree to a decent price? Every year, many property owners in Perth choose to sell their assets through public auctions. In addition, auctions can also help owners get better deals for their properties—sometimes even higher than the reserve prices—through competitive bidding. In spite of the benefits it offers, however, auctioning can be overwhelming for sellers. If you are looking to put your property on auction, these tips will prove indispensable. Tip no. 1: Be sensible. In many instances, the only factor that keeps a property from selling is the cost. Even if the property market looks promising, be realistic about your reserve price and ensure it is in line with your property’s assessed value and the market’s current state.

Sunday, 26 July 2015

Commercial Properties for Lease: A Guide to Property Improvements

Tenants, on the other hand, have a duty to manage the rest of the remodels or repairs. You can also require tenants to inform you, within a certain timeframe, about any damages they spot in the building or whenever they wish to undertake any renovation works. The important thing is to make sure the rights and responsibilities of every party involved are outlined in the lease agreement. Commercial properties for lease can be lucrative additions to your existing stable of assets. You may find out before long, however, that keeping such a property profitable may prove taxing in terms of both your time and resources. Fortunately, you can trust a property specialist such as Brett Halvorson & Associates to oversee day-to-day property management tasks and manage tenant relationships on your behalf.

Saturday, 25 July 2015

Perth Property Investment Tips: Things Your Business Plan Should Cover

The importance of proper and continuous business planning in terms of growth and risk management cannot be emphasised enough. A thorough business plan gives the company direction right from the start, and it must be regularly reviewed and updated to make sure you’re still aligned with your goals and strategies. Effective planning may take a lot of research and resources, but it will be instrumental to the success of your business. Along the way, you need to consider various aspects such as the company’s legal structure, organisation, and daily operations management. One of the most vital parts of your business plan is your choice of premises. You need to make a smart property investment decision, therefore, since it affects business liquidity in several ways.

Friday, 24 July 2015

Commercial Property Management: Tenant Screening Tips to Remember

Part of the screening process is to inform tenants of the terms and conditions of the lease. You need to make sure they understand and agree with everything on the contract. In some cases, you may need to discuss any negotiable contract terms. If this part is carried out well, you can avoid misunderstandings or problems in the future. If you don’t have the industry background or skills required to carry out tenant screening and overall commercial property management, you should turn to a property specialist in Perth like Brett Halvorson & Associates. Such a firm can take care of property management duties like marketing, tenant screening, and rent collection to ensure your peace of mind, especially when you can’t always be physically present to look after your asset(s).

Thursday, 23 July 2015

The Rights and Responsibilities of a Commercial Real Estate Landlord

If you own a property in Perth and plan to rent it out to any local business, there are a number of factors you need to understand before you can do so. As a real commercial landlord, you need to identify and fulfil certain responsibilities if you want to ensure efficient and profitable operations. You do not have to let all these commercial property responsibilities become a burden to you. Property management services provided by Perth commercial real estate professionals like Brett Halvorson & Associates can help make managing your investment a more pleasant experience. You can then give your investment strategies your undivided attention.

Wednesday, 22 July 2015

Commercial Property Investment in Perth: Sole Ownership or Company?

The decision as to whether to own your properties under a personal or company structure will rely on your property portfolio strategy. If you own perhaps one or two properties that you intend to sell off in the near future, it can be more advantageous to choose sole ownership and enjoy the significant capital gains tax discount when you sell. On the other hand, if you plan to own your properties in the long-term, the smarter choice will be to use a company. Regardless of the investment structure you want to pursue, commercial real estate professionals in Perth like Brett Halvorson & Associates have the experience and know-how to help you find the ideal commercial property for lease or sale to suit your investment needs.

Tuesday, 21 July 2015

Commercial Property Investment: What All Investors Should Keep in Mind

Fortunately, there are ways to remain resilient and maximise the profit potential of any commercial property investment. Perth property investment firms like Brett Halvorson & Associates have plenty of experience helping clients navigate the ins and outs of the industry. Count on such a firm to provide superior services in terms of property marketing, selling, buying, and upkeep as well as tenant screening and relationship management.

Friday, 3 July 2015

Perth Commercial Property: 4 Key Tips for Enhancing Your Tenancy Rate

In any Perth commercial property investment, your ultimate goal, naturally, is to earn stable income for the long term. When your asset is strategically located and has plenty of ideal features, like spacious areas and modern amenities, it’s not too difficult to find interested parties. However, the challenge lies in truly getting the commitment of those parties to become official tenants and keep them leasing your space for years to come.

Wednesday, 1 July 2015

Commercial Real Estate in Perth: 3 Ideas for Retail Property Investors

In contrast to a gross lease, a net lease gives you the assurance that your tenant shall pay other essential outgoings that have Goods and Services Tax (GST) on top of rent, which also has GST charged to it. Note that outgoings can include land tax and strata levies, insurance premiums, and utility bills. Maintenance expenses like facility repairs will also be the tenant’s responsibility in a net lease arrangement. Regardless of the type of commercial property that piques your interest, be sure to seek the help of experts with a good track record of selling and leasing properties. Firms such as Brett Halvorson & Associates can provide professional advice on commercial real estate in Perth, aid your property search, and even manage your asset after purchase, so you can make the most out of your investment.

Monday, 29 June 2015

Perth Real Commercial Pros Can Help You Deal with Property Development

You need a sound strategy, such as what a Perth commercial property expert can provide, when you decide to enter the world of property development. Property development ventures can be complicated and even pose certain challenges that might catch even seasoned investors off guard. Such challenges can have an impact not only on investors themselves but also the communities where they operate. A lot of real estate investors are eager to get involved in property development, often at their own expense, without first understanding the intricacies involved. Property developers have to undertake a host of crucial tasks to increase their chances of success; otherwise, they could face certain loss.

Saturday, 27 June 2015

Perth Commercial Real Estate: Tips for a Good Site Feasibility Study

Finding a property that fits your investment criteria, particularly in terms of scale and location, can be a godsend. Naturally, you’ll want to snap it up before anyone else does. Before you do, though, you have to ask yourself one important question: Is the property feasible? In other words, is it going to be worth your time, energy, and money to develop the site?

Thursday, 25 June 2015

Commercial Property in Perth: Leasing Tips for Office Property Owners

"Of the many types of commercial property in Perth, offices are the most sought-after among investors. In a survey conducted last March, offices accounted for 61 per cent of property investments, which translates to $14.9 billion out of the total $24.4 billion. With various global corporations setting up shop in the city, and small to midsize businesses needing viable workspaces in CBDs, property investors can expect considerable returns. If you plan on owning an office property, you need to prepare a strategic leasing plan that will help you maximise the returns from your asset. Here are some tips to help shape that plan."

Tuesday, 23 June 2015

Perth Property Investment: Entice Customers to Follow When You Move

"After spending 50 years in Dianella, Channel Nine confirms it will be moving into its new home in the Perth CBD. The new facility, which is located at 253 St. Georges Terrace and covers approximately 2,500 sqm, features three buildings, a fully digitised studio and an outdoor video wall. The station plans to move there by August, 2016. Channel Nine managing director David Mott explains the move as a way to seize Perth CBD’s “renewed vibrancy.” He adds, “Nine Perth will become an important part of the ongoing regeneration of the city.”"

Tuesday, 12 May 2015

Commercial Property in Perth: Important Considerations Before Leasing

You may also be required to purchase some types of insurance. Ask your landlord about the kinds of coverage you need to secure (e.g. general commercial liability coverage, product liability policies, additional protection against calamities) and the minimum amount these policies should cover. A commercial real estate agent and advisor, such as someone from Brett Halvorson & Associates, can show you viable commercial properties for lease within Perth. Under the guidance of these commercial real estate specialists, you can survey your options and secure the lease that best suits your business needs.

Sunday, 10 May 2015

Industrial Property Investment in Perth: Top Tips for First-Timers

The advantages of owning an industrial property include higher returns and longer lease terms, which entail income stability. Depending on the lease, the lessee may shoulder the cost of property upkeep, thereby allocating a greater portion of the rent to the landlord’s profit. At any rate, thoroughly study your investment property options and their profit potential. Amongst other things, find a property in a good location. Evaluate whether you need to renovate the building or modify its layout or other features to make it more adaptive as times and business needs change. Meanwhile, you can turn to an expert like Brett Halvorson & Associates for help in finding a suitable industrial property for sale in Perth if you are looking to acquire rather than lease commercial space.

Friday, 8 May 2015

Perth Commercial Property: The Need for a Reliable Property Manager

A Perth commercial property manager can keep your investment intact and handle your day-to-day tasks with utmost competence. Although it’s always possible to manage your properties on your own, hiring someone else to do it for you can yield numerous benefits, not to mention make your job as a property owner worlds easier. Aside from collecting rent and overseeing repairs, a property manager can market your property, recommend high-return improvements, as well as advise you on insurance decisions. Your property manager will also attend to any issues that may arise so you do not end up with disgruntled tenants and frequent vacancies.

Wednesday, 6 May 2015

Perth Real Commercial: 3 Tips for a Successful Property Transaction

Favourable settlement terms can create a win-win situation for both buyer and seller. If multiple terms need to be negotiated, there’s plenty of room for both parties to walk away happy. To get the vendor to accept a lower price, you must be ready to offer something in return, such as a quick settlement. To facilitate the transaction, you will need to locate an experienced Perth real commercial agent whom you find comfortable to work with. Firms such as Brett Halvorson & Associates have plenty of experience in the area, and will be well equipped to help you score big on your next property transaction.

Monday, 4 May 2015

Commercial Property in Perth: Foreign Investment Antidote to Vacancies

There is also a good chance that enquiries into Perth commercial property for lease will turn into sales this year, so writes Kim Macdonald of The West Australian. Clearly, property owners should take advantage of these opportunities to attract tenants, whether foreign or local. An effective way of attracting investors is to offer incentives in the form of rent-free or rent-reduction periods. Commercial property in Perth, on average, comes with one of the largest landlord incentives in the country, between 40 and 45 percent. However, a more ideal figure should be based on several economic indicators like fit-out costs, the local economy’s health, and market prices elsewhere. A commercial real estate expert can help you arrive at mutually agreeable leasing arrangements with your tenants.

Saturday, 2 May 2015

Top Class Perth Investment Property Prepares Growth Coast for Entry

Furthermore, given that coastal cities serve as the gateways to inner Perth, cities like Joondalup are set to receive a considerable volume of foreign investment. The city’s economic development, therefore, calls for efforts to facilitate business operations in response to greater economic activity. The newly launched economic programme also opens up a host of new opportunities for commercial property investment in Perth. A significant number of properties, after all, will eventually become home to dozens of global companies. In light of this prospect, property owners must make sure their facilities meet global standards and leave a good first impression on prospective investors.

Thursday, 30 April 2015

Perth Commercial Real Estate Managers Help Maximise Trading Hours

Among other things, investment property owners need to ensure uninterrupted water, electricity, and HVAC so that tenants have the ability to operate. Likewise, property owners must guarantee on-call coverage for emergency repairs as well as issues that may arise in the course of a commercial tenancy. Fortunately, landlords can leave all the nitty-gritty to Perth commercial real estate managers working with a firm like Brett Halvorson and Associates. These professionals can take charge of sundry matters, from rent collection to property upkeep and marketing. With a dedicated property manager on board, landlords can keep their investments profitable and ensure that their tenants have the flexibility and capacity to meet consumer demand regardless of operating schedule.

Thursday, 9 April 2015

Entering the Perth Commercial Property Market? Learn the Basics First

Commercial properties may have higher building upkeep costs and require more time and effort to maintain. You may also find property ownership particularly challenging when you have to collect rent and other dues from multiple tenants or lessees. If you already have a lot on your plate, you could tap the services of a company that specialises in commercial property management in Perth.

Tuesday, 7 April 2015

Commercial Real Estate in Perth Requires Hands-On Management Expertise

Of special interest to most investors these days is the recently proposed City of Perth Act, which would make it easier for commercial property owners and the rest of the business community to vote and have a say in the development of the city’s central business district. Whilst the proposed act may work in favour of commercial property owners, foreign investors also have certain factors to consider. For instance, if you are not a permanent resident of Perth and have other obligations to attend to elsewhere, you may not be able to give your investment property your full attention. If you are thinking of buying, selling, or leasing commercial real estate in Perth, therefore, then you need a skilled property manager who will take good care of your investment and make sure it stays profitable.

Sunday, 5 April 2015

Should Your Perth Commercial Property Go Green? Points to Consider

You would do well to consult an experienced Perth commercial property manager if you would like to make your building more energy efficient and thereby maximise your profits. The advantages of going green cannot be overstated, especially the cost savings potential and the ability to contribute to the nation’s energy productivity goals. At any rate, you’ll need the help of experienced property management professionals who can advise you on the impact of any renovation or modification to your existing building as well as supervise those improvements.

Friday, 3 April 2015

Old Buildings Have Potential as Perth Commercial Properties for Lease

Whether you choose to invest in a modern or a decades-old building that has achieved iconic status, the important thing is to ensure that the location has strategic value. In the case of the Piccadilly Cinema, strategic value comes from being right smack in the middle of the CBD itself, i.e. the heart of all of Perth's commercial or business activities. At any rate, marketing your commercial properties for lease in Perth with the help of a property management firm such as Brett Halvorson & Associates should help put a commercial space on the map and attract prospective tenants.

Wednesday, 1 April 2015

Perth Investment Property Returns: Festivals as Force Multipliers

Allow Perth investment property specialists like Brett Halvorson & Associates to come up with the best possible marketing strategy for your commercial space. There's always more than one way to attract investors, after all. Among other things, such a specialist can take charge of maintaining or even rehabilitating your property to make it as desirable as possible to prospective tenants. Your property manager can also identify possible opportunities with local as well as foreign investors, who have been arriving in droves to Perth recently.

Saturday, 14 March 2015

It’s Time to Hire a Property Manager for Commercial Property in Perth

If you own commercial properties for lease in Perth, you naturally look forward to getting substantial returns on your investments. Yet if you have a full-time job and multiple investment properties to look after, you might find it rather impossible to fulfil all your duties as a landlord. Brett Halvorson & Associates is here to help. From 1 March to 31 March, sign up for your first commercial property management engagement with our office and enjoy our services at no cost for the first three months.

Thursday, 12 March 2015

Tips on How to Find the Right Property Investment in Perth for You

Compared to buying domestic properties, acquiring commercial ones entails more paperwork, time, and money—and rightly so, since the return on investment for commercial properties can be substantial. Here are some helpful tips for those in search of the perfect property investment in Perth that will take off. There’s always a better offer. Regardless of what kind of real estate you’re buying or selling, make it a point to always negotiate. To get the best price for the property you’re bargaining for, don’t commit to an investment without doing any research. It could take a year or more for the perfect property to appear, so just be patient.

Tuesday, 10 March 2015

Property Managers Run the Show for Perth Commercial Property Owners

There are more than 200,000 rental properties in Western Australia with over 50% being managed by Perth commercial property management companies. Rory O'Rourke, contributor to Smart Property Investment, writes about why property management services are worth every dollar. How can a third party managing your property be beneficial? Imagine trying to make time to perform the following tasks: Marketing Property managers are the point of contact for prospective tenants who are interested in leasing the property, and also take charge of online marketing, which is a must in today’s rental market. They are also able to provide the potential lessee an independent assessment of the rental amount.

Sunday, 8 March 2015

Determining Whether to Lease Commercial Real Estate in Perth or Not

Depending on your business needs, long-term plans, and financial circumstances, it may make sense to either buy commercial real estate in Perth or to lease office, industrial, or retail space. The Small Business Development Corporation provides some insights on their site regarding the latter. Among other things, buyers need to consider all financial, legal, property, and business angles before making such a commitment. Timing is everything Any prime piece of commercial real estate requires prudent selection to guarantee considerable returns in the form of capital growth and rent. Property values are known to fluctuate every so often, which is why investors should be aware of market growth cycles and know the best time to buy.

Friday, 6 March 2015

Proactive Management Keeps Your Perth Commercial Property Profitable

Kogan Pantry gets at least one thing right: narrowing their focus on specific consumer segments. Nirmalya Kumar, professor of marketing at the London Business School, believes that limiting product choices to a minimum eases supply lines. He uses Aldi as an example, which also has branches within Perth and offers about 700 products, far fewer than major supermarket chains. For landlords, this means only one thing: Never let size be the sole factor for determining your choice of tenants for Perth commercial property for lease. With the right cards, small businesses can be quite successful and add more variety to consumers' choices. On top of that, small businesses know how to operate on a more personal level in terms of after-sales assistance and customer service. In other words, a small or even a start-up business can be the right sort of tenant, one that brings in a regular income stream and uses the leased property responsibly.

Wednesday, 4 March 2015

How a Well Managed Perth Investment Property Resists Market Slumps

Rory O'Rourke, former vice president of the Australian chapter of the International Real Estate Federation, suggests letting a third-party company handle tasks like tenant screening and property management—areas where professional firms such as Brett Halvorson & Associates excel. Such a property management firm would have the knowhow and resources necessary to conduct a background check on each prospective tenant’s reputation, propensity to pay on time, and tenancy history. Indeed, owners looking to protect their property investment in Perth would do well to choose a reliable commercial real estate specialist that knows how to determine competitive rent rates and address tenants’ concerns efficiently.

Thursday, 12 February 2015

Perth Commercial Property Management Requires your Full Attention

How hard can DIY Perth commercial property management be? To find out, wait until something goes horribly wrong and see if you have time for anything else. Property management expert Sharon Fox-Slater writes in Property Observer about what it takes to be a competent property manager, whether residential or commercial. Commercial versus residential: Is there a difference? There are basic differences between a commercial property and a residential one. Commercial property tenants are referred to as “lessees”. Leases generally last for years with rent amounts reviewed annually. Goods and services tax (GST) applies to the purchase price, rent received, and other expenses related to commercial properties. Lastly, maintenance costs are paid for by lessees of commercial properties, which makes net rental income higher than that of residential rent income.

Tuesday, 10 February 2015

Commercial Real Estate in Perth is as Much a Gold Mine for Investors

Market conditions notwithstanding, property investment is a winning situation for investors. People generally think residential property yields higher returns, but according to Money Management journalist Nicholas O’Donoghue, commercial real estate in Perth may prove to be a shining star just as much as residential. Income or capital gains? According to investment experts, many believe that the two or three percent returns from investing in residential projects is worth the effort. The reality is that commercial real estate investments give as high as ten percent returns, which comes largely as income.

Sunday, 8 February 2015

Leave the Management of your Perth Commercial Property to the Pros

Setting of the initial amount of rent to be charged falls on the shoulders of property managers because they know the property, how much it is worth, and what is a fair price to charge a tenant. It is also their job to collect rent payments from tenants as well as enforce late payment penalties. They also have the power to increase the rent by a fixed percentage, or decrease it when they deem it necessary. Drafting leases Property Managers are responsible for determining the length of the lease and making sure its provisions are in the owner’s best interest. This includes deciding how much of a security deposit and other cash outlays are needed.

Friday, 6 February 2015

Commercial Real Estate in Perth with High Yields are Investment Mines

Yield is a long-term calculation for property investment. The higher the yield, the higher the ROI. Experts say investors are often looking for properties with high yields due to the erratic state of business. You never know when the tenant will move out and when the landlord can find a new one. Lenders also take yields into account when issuing loans. Perth real commercial properties close to so-called “anchor tenants” are safe investments, says experts. Anchor tenants are businesses that comprise for the majority of the property’s regular traffic, like a mall’s supermarket or bank. They usually provide commodities and basic services for the community, making them a must-have in the area.

Wednesday, 4 February 2015

Perth Commercial Properties for Lease Opens City for Diversification

It’s about time Western Australia got out of its comfort zone and diversified in business, state business leaders urged. With the mining boom all but gone, the state must learn not to rely on mining alone for its revenue, and instead look elsewhere to sustain its growth. In fact, a number of former mining magnates have begun their exodus. In July 2014, Fortescue Metals Group founder Andrew Forrest transitioned to agriculture, buying plots of land and hiring farmers, in response to the new “dining boom.” Around the same time, Gina Rinehart of Hancock Prospecting group followed with a major investment in the country’s cattle industry, spending around $40 million in a 1.1-million acre plot of land in the Kimberley region, north of Perth.

Monday, 2 February 2015

Skilled Labour, FDI Strategy Encourage Property Investment in Perth

In its annual Global Cities of the Future report, fDi Magazine ranked Perth 5th in human capital in the large cities category and 16th in overall FDI strategy. Lord Mayor Lisa Scaffidi pointed to the city’s active roles in the global economy as partly the reason for Perth’s recent success. One of these is that of Perth being one of the 19 “energy cities” recognised by the World Energy Cities Partnership (WECP), and being the only Australian member at that. Energy cities facilitate exchange of information regarding new energy-related opportunities to facilitate various functions like education, food processing, and medicine.

Friday, 30 January 2015

Perth Commercial Property Market to Benefit from Chinese Investment

Perth isn't a stranger to commercial property developments involving mining. Back in the days of the mining boom, the city could only provide so much office space, resulting in record-high rental rates. Today, the high vacancy rate can be offset by investments in the region, with plenty of Perth commercial property units up for grabs. To obtain commercial property Down Under, investors must undergo careful scrutiny by the government. They must secure a permit from the Foreign Investment Review Board for commercial real estate exceeding $5 million. Although permits are not hard to come by provided all requirements are fulfilled, it's not unusual to encounter snags along the way.

Thursday, 29 January 2015

Perth Property Investment: Commercial Estate Cycles and Selling Tips

Selling 101: Avoid sentimentality When it comes to selling commercial property, one important thing an investor should remember is to avoid getting too attached to the property. Sentimentality can be a powerful disincentive to sell—it may even cause an owner to put a price on a property that is higher than its current value. Too strong an emotional attachment to a commercial property investment in Perth that’s supposed to be generating income is never beneficial; if it’s no longer profitable, it may be time to consider selling the property. Working with a professional Commercial property selling is a very complex and lengthy process—even more so for someone who doesn’t know his way around it. The paperwork and the labour involved can be extremely tedious to fulfil. Marketing the property to attract buyers is also another consideration.

Friday, 23 January 2015

More Perth Commercial Properties for Lease Coming to a Mall Near You

More retail space is expected to be up for grabs in malls around Western Australia. Shopping centres all over the Perth area have set their expansions into overdrive since the state government voted to remove the floor cap in 2010. Under the former law, shopping centres are prohibited from expanding beyond 80,000 m2. This has made Lakeside Joondalup, at 71,368 m2, one of the largest in WA but one of the smallest in the country.

Wednesday, 21 January 2015

Make Sure Your Commercial Property Investment in Perth Means Business

Now that you’ve decided to go into business, choosing a commercial property investment in Perth is your next challenge. The Australian Government’s website lists some factors to consider when planning your business venture’s location.