Archive for the ‘CBD Newcastle’ Category

Proximity to CBD

Raine & Horne Commercial’s Alan Tonks rated position in an expanding industrial estate as a key selling factor to a level land development site for sale in Steel River Industrial Estate.

The 4185 square metre site in Riverside Drive is being offered for sale by private treaty with a price of $840,000 plus GST.

“Mayfield West is rapidly developing with the addition of … Read the full post »

Student Accommodation Newcastle Update

The International student population in Australia is continuing to increase in both universities and other education sectors. Australia is now the third most popular global destination students travelling abroad to study.

International student growth has been strong with applications for student visa’s increasing by 11% between 2015 to 2016.

Of the Australia student population, the top five countries of origin are China with 28% of students opting to travel to Australia … Read the full post »

The end of an era.

As they say, all good things must come to an end and the recent sell off of the serviced apartment building “Boulevard on Beaumont” has presented a brilliant opportunity for the foyer & restaurant areas to be leased.

Located on the exposed corner of Tudor and Beaumont Streets, the former foyer area is approximately 135sqm and is perfect for retail … Read the full post »

Real estate to benefit from technology change!

At the Raine & Horne Commercial Insights seminar at the Westin Sydney last week Nerida Conibee Chief economist at REA predicted that in a world of technological change industrial real estate would be the big winner.

Alan Tonks of Raine & Horne Commercial Newcastle who attended said “while the retail industry is observing with great interest how their businesses will be affected by the arrival of Amazon many of the technology … Read the full post »

Future Developments for Newcastle

You can’t help but be excited when you look around our city and see tower cranes doing  their stuff – guys and girls in their fluros heading to their building sites from 5:30am onwards, hanging out in the sandwich bars and coffee shops spending their lunch money.

I hear a lot of talk about too many apartments, Newcastle will be flooded – prices will go down and yes I think some people will miss the mark, … Read the full post »

Economy, Shares & Trams

The fact that the Bank of Japan (BOJ), that’s their central bank, the equivalent of our Reserve Bank, is quietly buying stocks in Japanese companies should sound alarm bells for those touting a stimulus led recovery. In fact it’s estimated the (BOJ) are a top (10) owner
in 90% of the leading stocks in Japan.

So what! You say when we have more important issues like our misguided light rail, an election campaign, struggling manufacturing, youth unemployment and dozens of other issues … Read the full post »

AUTUMN – THE SEASON FOR STATISTICS

A quarter of another year has drifted past with the statisticians and economists rattling off
new numbers to help us understand how we are progressing. But can we understand? The St George Banks Economist Hans Kunnan at a recent breakfast says of the Hunter,  things are rosy; no worries go out and spend. Fancy a banker saying that? The Hunter  Research Foundations (HRF) Dr (I’m not an economist) Brent Jenkins basically said things  aren’t bad but why are we feeling … Read the full post »

Retail & Commercial Leases – Knowing the Difference

[caption id="attachment_1071" align="alignnone" width="300"] Hispanic woman hanging open sign on door[/caption]As an owner it is important to understand the difference between a Retail and Commercial lease, it is essential that the right type of lease is in place as the Lease acts as the legally binding agreement between the Lessor and Lessee.

Retail Leases in NSW are governed by the Retail Leases Act 1994 No 46, Retail Leases
apply to a premises in … Read the full post »

Life At Throsby


Wickham has undergone many changes over the years.  From its origins as an industrial suburb that housed many of the cities woolsheds, rail yards and port related services together with residential minors-hut type dwellings; to the modern suburb which has seen a metamorphosis of old industrial type buildings being converted into residential dwellings or demolished altogether and developed into new mixed … Read the full post »

The Evolution of Sport and their Associated Buildings

As most people would have seen or come across, it is not uncommon for a former Commercial office building or an industrial warehouse to be converted into residential dwellings and/or hotels – providing that the zoning allows.

In Newcastle right now we are seeing the CBD post office premises proposed to be converted into a hotel; much like other examples that have happened in other major cities -the Westin in Sydney … Read the full post »

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