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 »
It is easy to determine that the main and most successful areas of marketing commercial real estate is internet, signboard and in some instances print media publications, but successful agencies also have a comprehensive database with a qualified, cashed up ‘well’ of potential buyers and lessees wanting information about your property.
What you don’t realise is how much enquiry a well maintained buyers database can influence the marketing process and … Read the full post »
Yes we all know that at times over the Christmas Holidays, you get sick of hearing of old Aunty Joan’s scrap booking tales or about the bumper season of Iceberg lettuce that grandad has had in his backyard veggie garden.
So what happens then……………………..well people start to look to their computers, phones and smart devices to break the boredom or get some … Read the full post »
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 »
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 »
A business park in Annie Street, Wickham is seeing plenty of activity of late with 4 of the 8 strata units being sold, whilst another 3 have just been brought to market by Jason Morris of Raine & Horne Commercial Newcastle. Built in 2008, the concrete construction units offer a unique mix of ground floor warehouse whilst having a first floor office space above. Each unit includes on-site … Read the full post »
Sydney and Newcastle buyers gunning for commercial property at Fort Scratchley auction
Newcastle NSW (19 September 2017) – A private Sydney developer has paid $1.75 million for a 2000 square metre site in the heart of Nelson Bay. The strong result proved to be one of the highlights of Raine & Horne Commercial Newcastle’s Super Action held last week at iconic Fort Scratchley.
“Nine commercial properties went under the hammer at the … Read the full post »
Times have certainly changed in the past few years for the West end of Newcastle’s main street. The construction of major projects such as the Wickham rail interchange & Newcastle University city campus; together with multiple residential and office tower constructions have ignited development in this once dormant part of the CBD.
Raine and Horne Commercial Newcastle have listed for sale … Read the full post »
A well exposed bottle shop at Abermain is to be put to Auction by Raine & Horne Commercial on the 14th September 2017.
The property has the benefit of a fresh 5 year lease plus options until 2037. It is currently leased to the well-known Ice Box Liquor group who have over 18 other branches throughout New South Wales and are … Read the full post »
The latest Raine & Horne Industrial Average Index has revelaed a fall of 1% in industrial vacancies between January and July 2017.
The index measures the vacancy rates of major industrial centres in Newcastle and the Lower Hunter.
The fall is a result of the leasing, or sale, of 30,000 square metres of industrial floor space in the past 6 months. Moreover, the average has fallen to its lowest level since January … Read the full post »
