Archive for the ‘Uncategorized’ 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 »

Mixed Use Building

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 »

What will Newcastle Become?

The last month has seen some tremendous announcements by the NSW Government that will have a lasting impact on the long term stability of Newcastle City.

September saw the University of Newcastle enter into discussions with the Government about acquiring a further 2 ha of land in (3) parcels behind Wright Lane and along the rail corridor.

On a Real Estate study tour of the USA’s west coast in 1996, I came … Read the full post »

Future Developments for Newcastle

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 »

Buying vs leasing commercial property

A very interesting read from realcommercial.com.au

So your business needs its own space? Great! Now let the fun begin.

The decision about whether to buy or lease a commercial property is often far more complex than buying a house. You can plan for a baby, a sea change or to downsize your home in retirement, but trying to figure out exactly which property is best for your business can present plenty of … Read the full post »

Economy, Shares & Trams

The fact that the Bank of Japan (BOJ), that’s their central bank, the equivalent of our Reserve Bank, is quietly buying stocks in Japanese companies should sound alarm bells for those touting a stimulus led recovery. In fact it’s estimated the (BOJ) are a top (10) owner
in 90% of the leading stocks in Japan.

So what! You say when we have more important issues like our misguided light rail, an election campaign, struggling manufacturing, youth unemployment and dozens of other issues … 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 »

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 »

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 »

Newcastle – Commercial Real Estate – Friends Are Not Always Friends

Business is tough enough in this Region and when we do get progressive people looking to put money into a project they should be embraced and welcomed as each enterprise creates jobs. Instead those looking to invest in enterprises (I’m talking of developments that include businesses not just apartments) are treated with disdain through planning
hurdles. If that’s not bad enough we have small but well trained groups of advocates parading, claiming to be “The Friends of…..” this and that. They are … Read the full post »

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