June 22, 2016

Showroom and big-box retailers to expand in Carrum Downs

The showroom and big-box retailing sector in Carrum Downs is set to grow strongly in the next few years.  Increased traffic flows along the Frankston Peninsula Freeway and changing demographics are influencing investor strategies for commercial property and the location decisions of large retailers.  Additionally, many of these types of retailers are looking to reduce costs and improve efficiencies by centralising operations in Carrum Downs.

“Showroom ...

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June 22, 2016

New and refurbished retail and office space driving Bayside growth

A shortage of quality retail and office space in Brighton and surrounding areas is pushing up rental returns for commercial property investors.  Coupled with high demand for new and refurbished sites, prime Bayside areas remain hotspots for buyers and sellers alike.

Julian Vautin, Sales & Leasing Executive, says these factors are pushing up capital values and providing superior returns for investors.  Vautin explains, “We’re seeing people that have owned...

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June 22, 2016

The New Industrial Revolution

The perception most people have of an industrial estate usually entails rows of generic, faceless and dirty factories and sheds turning out equally dull industrial goods for the manufacturing and construction sectors.  While this may have been reasonably close to the mark a decade or two ago in Moorabbin’s industrial area, a subtle industrial revolution has been taking shape.  More consumer product and service providers have...

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June 22, 2016

SMSF Changes Unlikely to Affect Commercial Investments

Proposed  superannuation changes put forward by the Federal Government from 2016-17 are expected to have only a minimal impact on the attractiveness of investing in commercial, industrial and retail property.  These changes include a proposed tax-free cap of $1.6 million on transfers from superannuation accounts to a retirement account, and a lifetime limit of $500,000 for voluntary after-tax contributions for workers.  However, superannuation will remain a...

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June 10, 2016

Shop and dwelling properties helping investors sleep at night

Demand for retail shop and dwelling properties continues to be strong in Melbourne’s bayside suburbs.  Leading commercial agency, Nichols Crowder has just reported two more sales in the popular retail areas of Glen Huntly and Beaumaris.

According to selling agent James Glen, “The low interest rate environment is attracting investors to both leased and vacant properties, in particular shop and dwellings.  Last year, developers were buying attached shops with the intention of going up and adding a dwelling or two.  This...

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May 06, 2016

Wide Open Opportunity

AUCTIONS
80-82 Young Street, Frankston
84-86 Young Street, Frankston
Friday 3rd June commencing 11am on site

Nichols Crowder is proud to offer two properties, 80-82 Young Street, Frankston & 84-86 Young Street, Frankston, for Public Auction on Friday the 3rd of June commencing 11am on site.  The properties are to be sold individually.

According to Nichols Crowder selling agent, Linda Ellis,  ’Perfect to hold as investments, or develop in the future, these adjoining properties are in...

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May 05, 2016

EVERYONE STOPS HERE

FOR SALE by Expressions of Interest
closing Thursday 12th May at 3pm

132 – 138 Colac Road, Highton

Nichols Crowder is offering a retail investment property with future development upside for purchase via an Expressions of Interest campaign.

Located opposite the expansive Waurn Ponds shopping centre, this property features a massive 71 metre frontage to Colac Road and is next door to McDonalds. 

Anticipating around a 7% return per annum, the property comprises 5 shops all leased...

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May 05, 2016

Worth The Wait

AUCTION
Thursday 19th May commencing 12 noon on site

1167 Glenhuntly Rd, Glen Huntly

For the first time in over 90 years, this charming shop and dwelling is being offered to the market.

Located in the heart of the Glen Huntly retail strip near Woolworths, this well presented two storey building features ground floor retail and a 3 bedroom dwelling above.

The ground floor is leased to St Zitas Café on a 3 x 3 year lease with a rental...

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April 15, 2016

Medical Precinct Auction

AUCTION
1 – 3 Vera Street, Frankston
Friday 6th May at 12noon on site

Nichols Crowder Property Solutions is proud to announce the sale of a prime piece of Real Estate, 1 – 3 Vera Street, Frankston, to be auctioned Friday the 6th of May at 12noon on site.

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April 07, 2016

TWO IN ONE

AUCTION
Saturday 30th April commencing 12 noon on site

481 Balcombe Road, Beaumaris

Nichols Crowder is offering a high profile office/ shop with first floor apartment for purchase via public Auction to be held on site.

Located in the popular Balcombe Park Shopping Centre, this very well presented property has many unique attributes making it ideally suited to both owner occupiers and...

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