Commercial and Retail Property on the Gold
Coast offers plenty of opportunity for investors now and over the coming
years. Look at the facts about the
region. There is the population growth underpinning the market, and the greater
variety of property available. So, what
choices will you make when it comes to property investment?
Where will you start your property investment
choices? Do you prefer:
From those questions, you can consider the
precincts of the northern M1 corridor, the central Gold Coast, or the southern
regions around the border and Tweed Heads.
Invest in the properties that you understand and can afford. It is interesting to note that on the scale
of ‘complexity’, retail property and shopping centres can be the more
As part of that fact, the retail shopping industry is under a shift with the pressures of the internet and the way in which customers purchase goods today. Shopping centres will not disappear, but they are changing.
Retail Property Changes Today
Consider these facts as part of retail shopping centre ownership and investment activity:
Department stores are less
important as anchor tenants and are a declining tenant type
Customers are looking for
entertainment and or convenience as they shop
Fashion tenants are best located
and are more suitable in larger regional shopping centres
Some tenant types are still active
occupants but are reducing in size (ie newsagents)
So what can you do with all of this? Consider upgrading your assets from time to time and or diversifying your asset classes.
Diversity generally brings with it more stability when some property types are more or less desirable to invest in, or when oversupply impacts occupancy and income.
Contact John Highman on 0417221108 for help with your next Gold Coast Sale or Leasing decision.
Its times like this that we can easily see the benefits of investing long term in Brisbane property and particularly commercial and retail property. On average, investors keep the commercial property for about 5 to 7 years; sometimes longer. After that, they know what they can do with it when it comes to diversity, enhancement, or repositioning. That is where investment strategies can bring value to a property or property portfolio
Investment changes can be in buying more properties, and or to
sell, develop, or refurbish. Some property
owners use the capital gain from their investments over time to refinance or
improve their portfolio. Commercial and
retail property is interesting and sometime challenging. It is supported by business sentiment and
local area demographics.
Investment Strengths and Weaknesses
Certainly, mistakes are made by some investors (as in all
investments) but the retail and commercial property market remains a solid
investment vehicle over time for many astute investors. Why is that? It is not hard to understand; it
just takes a bit of knowledge and ongoing market research. The returns from commercial and retail property
are generally better than residential property over time although the higher cost
of the asset class can delay some people from entering the market.
Know Your Location and Property Types
What can you do with this in Queensland? Do your research into the property types and
see what appeals to your plans. Find a
good real estate agent that knows the location, the property types, rents,
prices, and the changes of activity in a location. Here is a checklist to help you do that:
What property types do you know something about?
Can you focus on quality investment property in
Have you visited your bank or financier to assess
your lending position?
Can you hold your assets for the longer term or
are you a short-term holder?
If you need help with any of these concepts in Brisbane or
Queensland, contact Specialist Commercial Agent, John Highman on 0417221108
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
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.