Choosing the Best Rentals for Your Investment Property

city buildings at night

When you own commercial property in Brisbane, the decision of rental type will arise from time to time, when you are ready to do a new lease with fresh tenants.  Prepare for the situations of a new lease so that you can find the right tenant and transact the lease effectively and directly at the right time.

It is a competitive property market today, and tenants are sometimes hard to find and difficult to negotiate with. Ensure that you have the total tenant and lease negotiation control from the very start through a proactive rental strategy of lease marketing.

What type of tenant do you want in your property?  Not all tenants are equal.  Not all tenants can pay the same rent regardless of the property and its location.  Don’t focus just on leasing the vacancy; focus on the best tenant that will support the asset and the investment plans that you have.

retail food court
Know your property and your tenant mix

Take the property and the vacancy to the market with a defined lease strategy considering other competing properties in the location. Review all the other lease properties in the location so that you can position your vacancy for the best enquiry and the best opportunity.

The rental question will be between a net type rent or a gross type rent in the leasing process.  The decision you make should be driven by:


1.         The rental standards set in the local property market for a property of that type
2.         The requirements of the tenants in taking a lease
3.         The age of the building and the expenditure trends based on recoverable outgoings
4.         The expectations of the landlord in cash flow management

These 4 simple facts will help you with the choices to be made on the lease rental.  If you need other help, an experienced local commercial property agent or property manager will have some answers.

Given that you must live with the rent amount, lease type and the tenant for a long period of time, it pays to fully consider the rent choice and make the best decision before you proceed.  Property investments are a product of choice and strategy developed over time.

Proven Property Successes are Important

city buildings on skyline

As a commercial or retail property owner, if are considering listing the property for sale or lease, ask your agent about their successes in the local area with property that is specifically like yours.  Selling or leasing a property is not an experiment in marketing; it is a significant business and investment decision that is supported by strategies and target marketing.  The real estate agent you choose to list and market your property will be critical to the outcomes achieved in several ways.

An experienced real estate agent will know about the following:

  • Existing properties on the market at the moment that will compete with your property
  • The asking rents and prices in the market at the moment on comparable property
  • The supply and demand for space in your area that can impact on the price or rent outcome now and in the future
  • The target market that would be most interested in your property for sale or lease.
  • Marketing methods that work in this property market without wasting time or money
  • They should have an extensive database of existing property enquiry from qualified buyers and tenants as the case may be
  • The agent should know about the existing time on market for properties given the prevailing market conditions
  • The best choice of method of sale or lease that should be applied to your property to get momentum.

Any commercial investment property can sell today or in the future.  The results that you get are driven from your choices today and just how you list your property.  A good real estate agent that knows your area will help with that.