Get yourself a slice of the commercial property pie

Posted on November 1, 2010 by admin

Think investing in commercial real estate is about brokering big deals on skyscrapers and new city developments? Think again. These days, anyone looking to invest can get a slice of the commercial property pie – but understanding how this particular type of investment works is key.

Commercial real estate vs “bricks and mortar”

Like residential real estate or buying a home, investing in commercial property is considered a longer term investment and a way of diversifying your assets. There are more options to consider and the expected returns will vary depending on a number of factors.

When investing in commercial property – consider the following:

- What are the terms of the existing lease? - first and foremost, every potential commercial property owner should examine the current lease terms to understand what their responsibilities as the landlord would be and what sort of return you can expect.
- Do the lease terms reflect the quality of the tenant? – for most investors, the appeal of a commercial real estate lease is a longstanding commitment as it will usually be much more challenging (and costly) to find a new tenant if your current tenant vacates. When investing, consider properties with good quality tenants and long lease terms – it’ll be much less hassle and headache, especially if this is your first investment.
- Where are the premises? – when it comes to commercial property, location is paramount. This doesn’t mean you’re limited to premium property in the Sydney CBD. Look for listings along the main strips in smaller suburbs such as Glebe, Ultimo or Pyrmont – these types of properties will also have good tenant demand. Another consideration is to find areas with flexible development guidelines – it’ll be easy to make updates and refurbishments that could substantially boost the value of your investment.

Should I team up or go solo?

For many first time investors, going solo on an investment is not a viable option as commercial real estate for sale can be valued well into the millions. Property syndicates that pool your investment with others are a good starting point – they can get you into the commercial property game for much smaller sums. The important thing to remember about property syndicates is that you need to be committed for the long haul. Do research before you sign up and make sure you keep clear records and have a strong understanding about the goings-on with your investment.

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Holden Lovers – show off your pride

Posted on November 1, 2010 by admin

Are you a die-hard Holden fan? Then you’ll want to show off your pride and joy. Keeping your beautiful Holden trimmed, detailed and beautifully presented is a must. But for many – your love is much more than just for the car – it’s what the Holden name represents, with a bit of Australian pride thrown in for good measure.

  • Holden Merchandise – a visit to the official Holden merchandising store, Lion’s Den, will give you plenty of ways to show off what you’re passionate about. Officially licensed Holden merchandising includes caps, shirts, mugs, bedding, even a portable cot for tots.
  • Holden clubs – meet other likeminded Holden lovers when you join a Holden Club. These enthusiasts meet regularly to drive their cars, participate in non-competitive motoring events and talk about all things Holden.
  • Support the team – Holden lovers flock to a number of national racing events see their favourite team in action. Most recently, the Holden team got a taste of sweet victory at the 2009 Bathurst 1000, with drivers Will Davison and Garth Tander winning the title for their fans.
  • Collect - for many, the first Holden is just the beginning. Collecting cars is a pastime enjoyed by many Holden enthusiasts. Collector will spend time trawling online listings looking for limited edition and special performance vehicles, while others are after the classic early models.
  • Holden on your big day - how could you celebrate your big day without your favourite brand of car? Holden limousines and wedding cars let you arrive in style for any celebration. Meanwhile, Kiwi Holden lovers can choose to show their commitment all the way to the grave. A funeral company has created its own unique Holden hearse – sometimes it’s much more than just ’til death do you part.

Many Holden dealerships will have their own Lion’s Den merchandise stores that sell officially licensed Holden paraphernalia. The internet is also full of chat forums, fan clubs and blogs that celebrate all things Holden – how will you show off your Holden pride?

Buying a new Holden? Holden remains one of the most popular vehicle makers in Australia. Join the many Australians who love their Holden and wear it with pride – visit your Heartland Holden dealer.

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Hot post codes for Sydney Commercial Property

Posted on November 1, 2010 by admin

When it comes to Sydney office space, it seems like the rates are always high and getting into the property market is always steep. Despite the fact that office vacancy rates in the Sydney CBD are at an all-time high of 8.5% in January this year, many businesses are finding it hard to find a space in the 2000 postal code that suits their needs – not to mention their budgets.

However, while prices for premium property remain high, there are a number of other options available outside the immediate CBD – and there’s no need to compromise on space or amenities. Businesses across Sydney are setting their sights on these hot postcodes:

Ultimo 2007 – a former industrial area and the hub of wool development in Sydney until the 1980s, Ultimo offers many converted warehouses and industrial property for sale – these sites have been refurbished into funky residential and commercial premises. Just next door, Pyrmont 2009 is another convenient consideration, with many properties boasting stunning harbour views.

Surry Hills 2010 – Surry Hills is known as the artistic hub of the city with many designers and architects calling the area their home as well as the office. There are no shortages of cafes, pubs and restaurants to entertain and many older buildings have been fitted to suit even the most distinct tastes. Glebe 2037 and Darlinghurst 2010 next door offer a similar small community vibe with plenty of shopfronts for those looking for cafes and retail properties.

Chatswood 2067 – While St Leonards 2065 and North Sydney 2060 are the traditional North Shore CBD areas when it comes to commercial real estate, Chatswood is a booming commercial area for emerging businesses. The newly redone Chatswood station makes it easy for travellers coming in from the North as well as from the City. There’s no shortage of shops and cafes with two large shopping centres in the area.

Parramatta 2150 – known as Sydney’s second CBD, Parramatta is the commercial hub of Sydney’s thriving western suburbs. With over 650,000 of lettable square metres, Parramatta offers premium grade space without the expected mark-up that comes with leasing space in downtown Sydney.

If you’re looking for hot Sydney property, it’s time to consider venturing out of the 2000s. Sydney’s ever expanding population and growth means plenty of new opportunities for businesses to make their mark. A Sydney commercial property agent can help you find the perfect place to get started.

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