The commercial real estate market is full of property jargon, which can be confusing, even for seasoned investors. In this article, we will break down 25 essential terms relating to Victorian commercial real estate. Whether you’re a beginner or a seasoned professional, this guide will provide valuable insights into the complex language of commercial property and industrial real estate investment terms, with beginner and intermediate definitions. Cap Rate (Capitalisation Rate): Beginner: The rate of return on a real estate investment based on the income generated relative to its current market ..read more

Having a trusted ally in Melbourne’s commercial real estate can make all the difference. That ally is the Victorian Small Business Commission (VSBC), an invaluable resource for commercial real estate tenants. Why VSBC Matters: Imagine you’re a business owner looking to lease a commercial space in Melbourne. You’ve found a perfect location, but the lease terms are confusing, and you’re unsure if they’re in your best interest. Suppose a commercial real estate agent managed the property. In that case, they can explain the terms, ensuring your comfort and clarity, and recommend additional independ ..read more

Are you considering selling your industrial property investment or divesting part of your property portfolio? Consult our checklist to ensure you cover all details to be ready. 1. Market Research: Understand the Melbourne industrial real estate market. Evaluate current market trends and property values. Whilst it’s best to consult a real estate agent with experience in industrial property to value your investment, it’s also helpful for you to do prior research to familiarise yourself with the market. Consider potential buyers’ needs and what your property offers – is there anything unique abo ..read more

As we reflect on Australia’s commercial real estate market dynamics in 2023, it becomes evident that each sector has navigated unique challenges and opportunities. In the realm of office spaces, the year unfolded with a nuanced performance influenced by sluggish leasing activity, specifically in offices, which has remained a challenge in major cities, specifically Melbourne and Sydney, since COVID-19. Other commercial property sectors, such as industrial real estate and healthcare real estate, continue to thrive. Office Space In 2023, the performance of prime office real estate in Australia ex ..read more

Melbourne, a thriving city in Australia, offers many opportunities for commercial real estate investments. With a diverse range of suburbs, each with unique characteristics, choosing the right location for your investment is crucial. In this article, we’ll explore some of the best suburbs in Melbourne for commercial real estate investment, providing key insights into their profiles and the opportunities they offer. Tullamarine Commercial Property Strategically located near Melbourne Airport, Tullamarine is an ideal locale for logistics and warehousing facilities. This suburb offers an indispen ..read more

One essential player can make all the difference when navigating the property market – a local, trusted Melbourne industrial real estate agent. Whether you’re a seasoned investor or a newcomer to the world of industrial properties, having the right agent by your side can save you time, money, and countless headaches. In this blog post, we’ll guide you through the process of finding the perfect Melbourne industrial real estate agent for your unique needs, all while exploring the booming industrial property market of Melbourne, Victoria. Understanding the Melbourne Industrial Property Landscape ..read more

Melbourne, often regarded as the cultural and economic heart of Australia, is a vibrant city that boasts a thriving commercial real estate market. As a global hub for business and innovation, Melbourne offers a diverse range of commercial real estate options. From transformed warehouses to modern skyscrapers, the city’s real estate market has something for everyone. In this post, we’ll explore Melbourne’s diverse commercial real estate scene. Office Spaces The Central Business District (CBD) is home to an array of office spaces, making it a hotspot for Melbourne commercial real estate. These s ..read more

The Real Estate Institute of Victoria (REIV) supports commercial real estate agents and buyers in Melbourne and Victoria wide. Here’s a quick summary of how REIV helps them: 1. Industry Standards and Education: REIV provides training, education, and resources to commercial real estate agents. This helps agents stay updated with industry standards and regulations, ensuring they can provide high-quality services to buyers. The most up-to-date course to qualify as a commercial real estate agent in Melbourne is the CPP51122 Diploma of Property (Agency Management), which can be completed through RE ..read more

When it comes to investing in commercial real estate, one of the key factors that can determine your success is choosing the right investment property. Whether you’re a seasoned investor or just entering the world of commercial real estate, understanding what makes a suitable investment property is essential. In this post, we’ll explore the critical elements that define a sound investment and how a commercial real estate agent can assist you in finding the perfect property. Location is Paramount The first and foremost consideration in any real estate investment is location. A prime location ca ..read more

When looking to add to your commercial real estate property portfolio, there are a number of factors to consider, including commercial real estate use, zoning, portfolio purpose, price, yields, and location. With that in mind, there are a number of optimal suburbs for investment in commercial real estate in Melbourne, and here is why Tullamarine makes a great choice. Tullamarine Commercial Real Estate Benefits Strategic Location Tullamarine is strategically located near Melbourne’s Tullamarine Airport, which is the second busiest airport in Australia. Its proximity to the airport and major tr ..read more