As I write, another year is ending, and the wind-up parties have commenced in earnest. So how did 2019 shape up from a real estate perspective?
Investment Sales
The prolonged low-interest rates have been filtering through to the commercial, industrial sector over the course … Read the full post »
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 »
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 »
So often these days we hear the terms urbanisation or modernisation, but what does that actually mean in terms of the buildings?
Well generally it all starts with the properties zoning which can free up many more uses than the properties former life. Commonly the properties are industrial or office buildings that have already been surrounded by residential development.
Take the example of 12 Power Street, Islington…. Read the full post »
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 »
I’ve started using Uber. Yes I have succumbed to the concept in of all places the home of Uber, San Francisco. Is it that I’m mellowing or just giving up on the tide of inevitability where big businesses can defy governments, and the laws to push their own agendas? All for what has become the seemingly sacrosanct right to preserve share holder value.
Whether it’s Uber, a large grocery chain, … Read the full post »
