Archive for the ‘Retail Property Leasing’ Category

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 »

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 »

Spin Doctors at Play with Novacastrians or Selling the Dream Not Reality

GHD 37 (Small)Being a real estate agent, I’m well aware of the need to be upbeat and positive with everything I’m selling or leasing. People don’t want to believe the choices they make are wrong. So a good agent finds a positive spin in everything.

From the roughest property – “Develop and Prosper”, “Renovate and Reap” – to selling a dream where just a block of land sits, an agent’s spin … Read the full post »

Expect the Unexpected

When I first started in Real Estate we were awaiting the final connection of the F3 Freeway (now the M1 Motorway). Being new to the Commercial Real Estate world, life was about to teach me another lesson.  The hype from everyone at that stage was about the number of businesses soon to be relocating up here. This freeway link would supply the Sydney market with cheap land and buildings to relocate!

That year I shifted 14 businesses back to Sydney … Read the full post »

IT’S PERFECT FOR US….…BUT WHAT ABOUT PARKING?

NH Cycleway Artist Impression (08-13) (Small)So the time has come to relocate your office space.   The space you have no longer suits as it is too small, too big, too old, too dear…..the list goes on.

You call Raine & Horne Commercial Newcastle and they show you through some great commercial premises that really suit your needs.

Your staff like the location, … Read the full post »

Can I Get a Lift

disability symbolIn these changing times of modernization, renovation and revitalisation, increasingly we are seeing demand for disabled access and amenities for office buildings.

Quite often a lot of the buildings that we deal with have only stair access and therefore become immediately eliminated off tenants shopping lists.  Many private companies together with government organisations require buildings to comply with the Disability Discrimination … Read the full post »

Commercial Property Management Specialists

95 Pacific Hwy Charlestown - Allianz_mag (Small)The Management of Commercial, Industrial and Retail property is a specialist business. Unlike residential property each and every tenancy will have its own rule book, the Lease.  These leases can be anything from a couple of pages to ones nearing 100 pages of technical legally defined clauses. These are the rules of the game, and as a landlord you … Read the full post »

A Generational Change

Gymnasium (Small)In days gone by, if you wanted to go to a gymnasium or fitness centre you would have gone to a specialised sports club that probably had a gymnasium, indoor cricket pitch, indoor netball court and possibly even a basketball court.

You would attend and either do a weights or cardio vascular work out, an instructed class or play one of … Read the full post »

Tenant Blunders

KS130070 (Small)There are two common blunders that tenants make in lease negotiations.

The first one is failing to exercise an option in the correct period as stipulated under the terms of the lease.

Many tenants overlook this and then express surprise when they find out that the owner is dealing with other prospective tenants.

Often the first the tenant hears of it is when … Read the full post »

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