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 Newcastle & Stockton and Raine & Horne Commercial Newcastle were named Business of the Year in the prestigious Hunter Local Business Awards held at a glittering ceremony at Belmont 16s on October 9.
For full article: Newcastle Herald or … 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 »
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 »
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 »
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 »
