The year 2019 was "one of the stronger in recent times" for the Illawarra's commercial property market. Tim Jones, managing director of commercial sales at MMJ Wollongong said there was a sentiment that "not everything's going to the open market now - there's a fair bit of off-market activity".
186-190 Lygon Street, Carlton, a former hotel and now commercial office building has sold for $6.8m, the first and only sale on the iconic strip for 2019. The imposing corner freehold was offered as a blank canvass, appealing to occupiers, investors and developers.
If you’re looking to invest in real estate it is important to understand the current market trends. Here’s a rundown of some of the key market indicators and what they might mean for you.
Leasing a warehouse or industrial space requires serious consideration. From air conditioning to loading docks and power requirements, there are several factors to consider before you sign on the dotted line. Here are five things to consider when finding a warehouse or industrial space for your business.....
The love affair with real estate is ingrained into the Australian psyche. You can touch it, see it, drive past it and improve it. But with home prices falling, policy questions over tax incentives and less availability of credit, perhaps the love affair with residential property investment is over. So what does this mean for commercial real estate?