Recognising the Need for Capital Expenditure.

The story of 54-58 Wells Street, Frankston, serves as a compelling case study highlighting the critical importance of recognising when capital expenditure is needed in the realm of commercial real estate.

Balancing Act: RBA's Interest Rate Stance Amid Declining Inflation

Balancing Act: RBA's Interest Rate Stance Amid Declining Inflation

On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September​​.

Overcoming Business Founder Syndrome in 2024 – Empower Your Transition to a Successful Exit

Overcoming Business Founder Syndrome in 2024 – Empower Your Transition to a Successful Exit

Business Founder Syndrome (BFS) is a term that encapsulates the challenges and issues faced by business owners who have nurtured their enterprises from inception. These founders often find it incredibly difficult to step back or disengage from their businesses. As a business broker I encounter BFS frequently, and I thought it was time to explore how it not only affects the founders themselves but also significantly impacts the process of finding a suitable buyer when it comes time to sell the business.

Should we buy or sell first?

Should we buy or sell first?

Choosing whether to buy or sell first is truly a personal choice based on your individual circumstances. Deciding whether to buy or sell a property first is a crucial conundrum that confronts many homeowners, each option carrying its own set of advantages and challenges. The real estate market is dynamic, influenced by various factors such as location, market conditions, and personal circumstances.

What should we do to the property before we sell to maximise its value.

What should we do to the property before we sell to maximise its value.

Your property is usually just one in a very long list of properties a buyer will see, so it’s crucial that they see it in the best possible light. The more desirable your property appears, the better your sale price is likely to be.  It’s important to make sure your property looks its best from the moment it goes onto the market. First impressions really do last when it comes to presenting your property for sale.

When is the best time to sell?

When is the best time to sell?

There is no ‘right time’ to sell your property, it really comes down to your individual circumstances. Other factors such as economic and market conditions will also always play an important role in timing your sale. Opportunities exist in all markets, provided your agent knows how to position your property effectively.

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