Important Investment Choices on the Gold Coast

retail shopping centre gold coast

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:

  • Shopping Centres?
  • Industrial property?
  • Office property?

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 complex. 

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.

Things to Look at When Leasing Commercial Property

If you are a landlord in Brisbane and wanting to lease a property to a new tenant today, it pays to fully understand the leasing and vacancy competition that you are up against.  Let’s face it, tenants are looking around at everything that is available, and they are more selective in making a final decision. They generally know what the rents are doing, they know what their cost limitations are, and they can generally ‘shop around’ for the ideal vacant premises.

What’s Your Leasing Focus?

So, what are your priorities in leasing premises? What do you prefer out of the following?

  • A tenant leasing space?
  • A high rental?

It is sometimes difficult to achieve both points of focus in the one leasing transaction. A good lease with a new tenant should be a priority. A ‘fair’ rent is the best way to attract a lease and tenant arrangement. The escalation of rent over time can then be improved by a rent review strategy.

city hi rise building
Understand the leasing market in commercial real estate in your location.

Today’s property and leasing market in Brisbane provides a broad selection of vacant space to the active tenants in most locations.  The vacancy rates in the local property precinct can make your selection of rental a key part of the leasing process.  Add to this some other leasing decisions such as:

  • Lease term
  • Option availability
  • Base rental
  • Rent reviews
  • Rental type (gross or net rent)
  • Outgoings recovery

Expert leasing advice is critical here.  Leasing a vacant tenancy is not just a simple decision.  We guide our clients through some key decisions like those above so that the best lease can be created given all other property factors and pressures in the local area.  Timeliness is important in getting a property leased today.