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.