Market Updates

February 08, 2018

Nichols Crowder’s New Front Line

With a strong commercial and industrial property market along the Mornington Peninsula, the region’s largest and most popular agent, Nichols Crowder, has increased its presence in the area.  This has seen Tanya Scagliarini, Jamie Stuart and Cristy Gatto join Tom Crowder to expand the Nichols Crowder team and meet the growing needs of local vendors, buyers and landlords

Nichols Crowder has been servicing commercial and industrial property markets across the Mornington Peninsula for over a decade.  Now, with an expanded team...


November 03, 2017


According to Australia’s leading commercial property sales and leasing website “”, Nichols Crowder Property Solutions (Carrum Downs) is the leading commercial, industrial and retail agency in its key markets.

Recent active agency results show that Nichols Crowder Property Solutions (Carrum Downs) ranks first for the “buy, lease, sold and leased” categories in the suburbs of: Bonbeach, Carrum Downs, Chelsea Heights, Frankston, Mornington, Seaford and Tyabb.

Nichols Crowder Property Solutions (Carrum Downs) also ranked in the Top 3 agencies for selling and leasing...


July 17, 2017

Bayside Business District

10 Years On

Most Bayside locals would be familiar with the major residential and commercial changes along eastern and central section of Bay Road, Sandringham over the past decade.  With ALDI and iSelect moving into the area during this period, and with the building of several multi-level residential apartment blocks east of Bluff Road, more people are now living, working and shopping in the precinct called the Bayside Business District (BBD). 

Also known as the Bayside Business Employment Area, the BBD started...


May 24, 2017

Business Disruption – Are you making the most of it?

Business disruption seems to be affecting all industries, from taxis and restaurants, to information and retailing.  With new technologies constantly being developed and quickly spreading globally, business disruption is moving at a much faster rate than in prior decades.

The question is: will your business or industry go the way of taxis and be swamped by the equivalent of Uber?  Or, will an Airbnb disrupt your industry, just as it did to the hotel industry? 

In response to these types of disruptive...


March 21, 2017


APRIL 2017

As reported in our Half Yearly report for the July to December 2016 period, greater investor and owner occupier demand for retail and other commercial properties is driving pricing growth across Melbourne’s inner south east region.  These buyers are taking advantage of low interest rates to secure these types of properties in prominent locations.  This is pushing yields lower, despite general rises in annual rents.

For retail properties, owner occupiers tend to focus more on location than investors.  While an...


July 21, 2016

Nichols Crowder - partner and problem solver

Just as it is vitally important for commercial and industrial tenants to find the right property to grow their business and successfully service clients, it is also crucial that landlords find the right tenant for their properties.  A mutually beneficial tenant/landlord leasing arrangement not only ensures a smooth relationship throughout a tenancy term, it can also provide other benefits when it comes time for a landlord to sell.

Josh Monks, Sales Executive, explains, “Today’s agent has evolved...


July 21, 2016

Industrial business parks attracting an increasing diversity of businesses

Nichols Crowder has been the leading commercial and industrial real estate firm in the Bayside, Carrum Downs and Mornington Peninsula areas for more than a decade.  An important part of the business is the marketing and management of new industrial business parks.

This is the first of four articles about industrial business parks in Moorabbin and Cheltenham. This article will provide some background information about industrial parks in these areas, and outline the main changes in the...


July 21, 2016

Strong showroom and retail growth along Bay Road

A shortage of showroom sites along Nepean Highway from Brighton to Mentone is continuing to increase sale prices and rental rates.  As a result, more businesses are looking for alternative commercial locations in and around the tightly-held Bayside area.  This has contributed to more interest in large commercial sites along feeder routes that have established infrastructure.  A prime example is Bay Road, Cheltenham, which is the primary link between Beach Road, Nepean Highway and Southland shopping centre.

With its close proximity...


July 12, 2016

Back Cracking Investment

Nichols Crowder is offering a retail investment, ideally located in a popular group of shops, for Public Auction on Thursday the 4th of August at 12noon on site.

According to Nichols Crowder Senior Sales Executive, James Glen, “Investors these days are putting more importance on having a secure and long standing tenant. This retail investment provides this with a business that has been operating from the same premises for over 40 years.”

Leased to a long term operator, Black Rock Chiropractic Centre,...


July 11, 2016

Mentone Investment Opportunity

An exciting retail investment opportunity comprising two investment shops has become available in the Bayside suburb of Mentone.  James Glen, Senior Sales and Leasing Executive, is selling the properties, which are located in a high profile location and feature secure, long-term tenants:

  • Shop 1 – new 5 year lease to a national operator
  • Shop 2 – new 10 year lease with a food retailing tenant

This newly completed development provides a solid yield for investors, with the...


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