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.
Electric vehicles (EVs) have been heralded as a revolutionary solution to combat climate change, reduce air pollution, and enhance energy efficiency in the transportation sector. As EV adoption continues to surge globally, it's clear that these vehicles are not just a passing trend but an integral part of our future.
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.