Archive for the ‘Investment Property’ Category

Sizzling September Auction (2017)

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 »

Hunter Valley Gem

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 »

Hunter industrial property vacancy rates fall to lowest levels in four years

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 »

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 »

CAPITALISM OUT RUNS DEMOCRACY

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 »

Sydney Investors Eye Up Newcastle

182-188 Hunter St, Newcastle_High Resolution-1 (Small)With Sydney prices rocketing along Raine & Horne Commercial are seeing an influx of Sydney investors and developers snapping up city properties.

Alan Tonks of Raine & Horne Commercial said “In the inner city there is a real feeling of optimism and positive expectation. We have strong enquiry from Sydney developers seeking mixed use opportunities with 2 … Read the full post »

It seems, as Novocastrians we are forever looking forward to change…..

harbourWe looked forward to change at the last state election and the opportunities of hope for a fairer hearing in Government. Four years on and it seems we are once again looking forward to the same thing – change. Yet this time we will be reliant on a new breed of young politicians of the Labour persuasion, in opposition. Let’s hope … Read the full post »

The Hunter Region Needs Change !

Baths B&W
Over the past few months some of Newcastle and the Hunters’ high profile individuals have been copping a pizzling by the media. A lot of this is just cyber bullying in the name of freedom of the press. Why then are we surprised to hear of kids being cyber bullied in the playground when from the time the News starts through to the current affairs programs they … Read the full post »

National Disability Insurance Agency – Newcastle City’s Newest Federal Government Tenancy

It is with great pleasure that I announce National Disability Insurance Agency (NDIA) disability symbolhave taken up tenancy to establish themselves in Newcastle CBD.

In January this year we were approached by government representatives seeking 2,000sqm of office space with good exposure, easy access to the public and with on-site car parking.

The problem was that we had one floor consisting of approx. … Read the full post »

Irrational Economics

KS130069 (Small)Last month one of darndest things occurred in real estate that effects just about all who are trying to lease or sell commercial property. That thing was the massive increase in price to promote property online with a publicly listed real estate portal. For instance the Newcastle CBD listing charge went from $1,950 for a (3) month campaign to $5,655.  One explanation for the increase in prices that has been … Read the full post »

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