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.
The first half of the financial year has revealed a number of success stories for our market-leading commercial sales team in the Illawarra with an astounding total of $127,506,000 in sales volume!
Wollongong founded and Silicon Valley headquartered Accelo has signed a lease that will allow it to more than double its space in the Illawarra.
Getting finance approvals has become more of a challenge and banks are now scrutinising people’s spending patterns etc with a fine tooth comb. Make sure your pre-approvals are in place before making any offers as the time taken to get approvals have blown out considerably compared to last year.
MMJ Wollongong is pleased to announce the sale of a high profile, main road investment property on the Princes Highway in Albion Park Rail which has just transacted at $3.41m.
Two years after it set a commercial property record, a landmark Wollongong site is now expected to fetch more than $50 million.