Wednesday, 31 December 2014
Already, Chevron has bought the two north-eastern lots in the quay, totalling almost 6,800 square metres, for $64 million. Construction of its 36-storey tower is scheduled to start in late 2016. This waterfront commercial property in Perth represents a whole new world of business prospects.
Monday, 29 December 2014
It's these kinds of businesses that do justice to Perth property investment opportunities. Costco sticks to things that work: shuffling items between shelf and storage daily, selling items in bulk, and keeping that distinct warehouse look. Many buyers say they spend more at Costco simply because they end up buying more. The $55 membership fee is well worth the access to low-priced commodities.
Saturday, 27 December 2014
The ‘waterwise’ status is undoubtedly a boon to any commercial property owner in the city, though achieving it requires a great deal of work. Recent awardees received the title only after implementing water use monitoring schemes, installing waterless urinals, and enacting other water saving measures. To ensure that such strategies are carried out, property owners would need to work with a trusted Perth commercial property management firm like Brett Halvorson & Associates. For such a company, water saving strategies are an unspoken necessity; commercial buildings in Perth, after all, consume about 1.5 billion litres of this precious resource every year.
Thursday, 25 December 2014
Another reason why the situation seems promising is that foreign investors are also interested in purchasing low-grade commercial buildings in Perth. To make sound decisions, property owners in the CBD can consult a Perth commercial real estate management firm, like Brett Halvorson & Associates, when refurbishing office spaces to make them more appealing to buyers. This strategy, according to property experts, can turn things around for the city’s office leasing market. Meanwhile, buildings currently leased to tenants will also need expert property management to reduce operating costs and prevent further office vacancies.
Tuesday, 23 December 2014
Compared to residential real estate, commercial properties have more components and factors to take note of. This leads potential property owners in Australia to pass on the opportunity of in-vesting their assets on such ventures. However, recent developments have made the prospect of owning such establishments a wise and fruitful way of spending one’s capital. With that in mind, here are a couple of tips for those who want to own commercial properties in the Land Down Under. Most people are content with owning and running a residential property due to its low risk. How-ever having low risk means its returns are also low. According to Real Estate.com.au, while it is true that owning Perth commercial property comes with high risk due to potentially long stretches of vacancies in between tenants, the return potential is also proportionally high, not to mention consistent.
Sunday, 21 December 2014
A good location is something one should look for when it comes to commercial property. That being said, Australia just might be the place to start. According to an article posted in The Australian, the National Australia Bank (NAB) recently conducted a survey regarding commercial properties, and the results point to positive growth in the sector. In fact, such a positive recording for retail has not been seen since 2011.
Tuesday, 2 December 2014
As commercial property vacancy in Perth continues to skyrocket this year, the competition over available investors also becomes more intense as they spend more time shopping around. Spending more on your marketing to get the message out is a smart and professional approach. Even better when the marketing materials are free! Take advantage of this great offer when you opt to market your commercial property for lease in Perth with us. You deserve a less-burdensome marketing effort that actually works, so turning down our offer should be out of the question. Call us now!
Monday, 1 December 2014
Should things go according to plan, about 150,000 square metres of office space will be available by 2017. Entrepreneurs planning to invest in these properties, particularly those who wish to move their businesses to Elizabeth Quay, would do well to work with Perth commercial property managers—such as experts from Brett Halvorson & Associates, for instance. These professionals can take charge of arranging building maintenance and repairs, paying the strata levies and local council rates, preparing relevant financial statements, and other tasks that entrepreneurs would be hard pressed to do on their own. One particular aspect that requires commercial real estate services would be insurance coverage. Although property managers do not provide insurance packages, they can nonetheless pinpoint clients’ exact insurance needs. For example, while building insurance is all but mandatory, it does not cover landlord protection and deliberate/malicious property damage.