Top tips for budding commercial property investors
With the property market ever evolving, investors are beginning to shift their focus, with traditional residential buyers beginning to recognise the attractive underlying attributes that many commercial property investments offer. For many, it’s the ‘set and forget’ nature of commercial properties, often leased to ASX-listed tenants on long, secure leases, that draws them in. From […]
Where to next for interest rates?
The Reserve Bank of Australia (RBA) decided on 2 July to lower the cash rate by 0.25% to 1.00%. Analysts immediately predicted further interest rate cuts ahead with NAB and others forecasting a cut of 0/25% by the end of the year to give a cash rate of 0.75%. This is great news if you […]
26 Laps of the Earth: Numbers stack up as agents hit the road
Being a commercial property agent is about much more than ticking of marketing campaigns and working the phones. Just ask some of our Burgess Rawson agents, who’ve racked up more frequent flyer miles in the last year than most people would accrue in a lifetime, while visiting commercial properties in the most remote corners of […]
Blue chip commercial vs residential – comparing investments in today’s market
OPINION: Who wouldn’t want a secure investment leased to a publicly listed tenant on a long secure lease, right? With so much competition in the residential investment market, there are a growing number of traditional residential investors who are attracted to the strong underlying real estate attributes, and superior lease covenants on offer in commercial […]
Five things your commercial property manager should be doing for you
There can be a vast difference in the services you receive from property managers throughout Australia. Whether you’re looking for commercial property management for your shopping centre, retail shop, industrial unit or office building investment, there are several key activities that will prove that your property manager is going above and beyond for you. 1. […]
Childcare Fundamentals Remain Strong
There are few better indicators of the strength of a property class when major players are pouring money into developing new assets or buying up existing ones. So as a commercial property agency specialising in childcare, it’s incredibly encouraging to see some of Australia’s leading early education providers making significant moves this week to solidify […]
How to buy or sell a petrol station investment
For some commercial property investors, petrol stations deliver a steady flow of return – but picking the wrong one can see a portfolio stall. That’s why investing in service stations requires careful homework, according to Kieran Bourke, associate director of Burgess Rawson in Sydney. “While service stations can offer high-profile investment opportunities, most passive investors […]
What is a WALE and what is it good for?
WALE, or weighted average lease expiry, is an important term within the world of commercial property. But what does the term mean, and when should you pay attention to it? If you’re looking to purchase a property with multiple leases, it’s worth finding out. What’s a WALE? In a property with various leases of different […]
What is a retrospective property valuation?
If you’re new to the world of commercial property investment there may be a few terms you are unfamiliar with. One term our team is asked about from time to time is retrospective property valuation, so we thought it might be useful to provide an outline of this service and when this might be required. […]
How to deal with commercial tenants who don’t pay
The law around the eviction of commercial tenants who fail to pay rent varies from state to state, and landlords not complying with the letter of the law can end up being taken to court by tenants. A commercial lease is entered into for a fixed term, and can only be terminated within that term […]