Navigating Commercial Rental Structures: Gross Rent vs. Net Rent

When it comes to leasing commercial properties in Australia, understanding the rental structure is crucial for both landlords and tenants. One of the fundamental decisions to make is whether to opt for Gross Rent or Net Rent. Each has its own intricacies and implications that can significantly impact the bottom line. In this article, we'll explore the differences between these two structures and delve into the nuances of Net Rent, including its collection options.

The commercial real estate market in Australia can be a lucrative investment opportunity, attracting landlords looking to maximise their returns. While self-managing properties may seem like a cost-effective approach, it is essential to recognise the risks involved.

This corner freehold building in the Melbourne CBD is a unique find, boasting triple street frontages spanning 48 metres and a generous Building Area of 1,187 sqm. The underlying land area of 288 sqm, under the sought-after Capital City 1 Zoning (CCZ1), offers immense flexibility for potential residential, office, education, hotel, student accommodation, and more (subject to council approval). 

MMJ Melbourne is pleased to announce the appointment of Allison Brudenell as the new Managing Director of its office.

MMJ Real Estate, one of the leading boutique real estate agencies in the country, has once again proven its commitment to giving back to the community by sponsoring the Malvern Valley Primary School's carnival. 

In this review we will briefly cover how land values are set by the Valuer General, the mandatory requirements to include in an objection and some examples of more unusual objection success and why those results were achieved.