October 13, 2016

Market Report 2015/16 - OUT NOW

Nichols Crowder and Nixon Industrial, Melbourne’s leading commercial and industrial agency group from Bayside to the Peninsula, has just released its 2015-16 Annual Market Report.  The report provides comprehensive data and analysis of the key trends driving these markets, as well as details of each sales transaction completed in the year.

Matt Nichols, Managing Director, says, “Despite mixed economic signals during the financial year, sales and leasing demand for commercial and industrial property remained strong.  This is backed up with the...

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October 10, 2016

Sold: 143 - 145 Gardenvale Road, Gardenvale

Trophy Investment

Potential purchasers braved the cold weather to attend the sale of a rare trophy investment at 143 – 145 Gardenvale Road, Gardenvale. This high profile corner property sold after auction on Wednesday the 5th of October at 12noon on site, to the delight of the vendors.  

According to Nichols Crowder selling agent, James Glen, ‘We had interest from several local investors who saw the value in a high profile asset, located in the most affluent area of Nepean Highway.’

Positioned...

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September 21, 2016

FINALIST - REIV Best Retail Sales Marketing Campaign

At the recent REIV Commercial and Industrial Marketing Awards we were delighted to be announced as a Finalist for our stunning sale campaign for 103 Church Street, Brighton.

In one of the most popular categories, namely Retail Sales (budget under $20K), we performed well with this latest marketing effectiveness award being our 28th REIV award received over the last 10 years.

The marketing awards are determined by the strategy and effectiveness of the marketing campaign.

According to our Vendor, “…. your marketing rationale...

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September 20, 2016

Trophy Investment

AUCTION
143 – 145 Gardenvale Rd, Gardenvale ( Cnr Nepean Hwy)
Wednesday 5 October at 12noon on site

Nichols Crowder is offering a prime investment, 143 – 145 Gardenvale Road, Gardenvale, for sale via Public Auction on Wednesday 5 October at 12noon on site.

According to Nichols Crowder selling agent, James Glen, ‘Properties of this nature are truly unique; multiple tenancies, corner of Nepean Highway, surrounded by national tenants, solid income and a refurbished building.’

On offer is...

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September 16, 2016

QUARTERLY MARKET REPORT April – June 2016

Welcome to our quarterly report.  This report provides analysis of all sales, leases and lease renewals by Nichols Crowder and Nixon Industrial, from April to June 2016. (Q4 2015-2016)

In summary the key insights were:

BIG ACTIVITY IN SMALL SPACES

  • 92% of all sales and leasing transactions in Q4 were for properties under 1,000m2
  • The market was cautious in Q4, with 60% of all transactions being for new leases
  • Limited selling stock and the long wind-up to the federal election contributed to the cautious market

SALES...

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September 15, 2016

BRAND NEW 5 YEAR LEASE

AUCTION
Thursday 13th October 2016 at 12 noon on site

116 Patterson Road, Bentleigh 
SOUND MEDICAL INVESTMENT

Situated within Bentleigh’s newest growth area, 116 Patterson Road offers solid returns to the investor via its new tenant, SunDoctors Skin Cancer Clinic.  With a brand new five-year lease at $45,000 net per annum plus outgoings, and two further five-year options, this ground floor property provides a triple AAA tenant and long-term investment.

James Glen, Senior Sales and Leasing Executive, continues, “This relatively...

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August 10, 2016

New industrial park opportunity

A major new industrial park being built at 329 Bay Road, Cheltenham will provide long term business and investment opportunities for owner occupiers and investors alike.  Available now for purchase are individual industrial units across a range of formats.  With its cutting-edge design that includes a childcare centre and retail showroom, this estate is likely to set the benchmark for future industrial parks in the Bayside area and across Melbourne.

James Glen, Senior Sales and Leasing Executive,...

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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 additional bonus of large tax depreciation...

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June 23, 2016

The Rebirth of Centre Road, Bentleigh

The vast retail strip along Centre Road, Bentleigh, is gaining a new lease of life.  New shops and service providers are moving into the area, driving demand for retail premises and boosting property prices.  These factors are having a positive influence on local retailers, and bringing more visitors to the area.

Julian Vautin, Sales & Leasing Executive for Nichols Crowder, explains, “Already known for its diverse range of quality shops and services, I’m expecting more good cafes, food retailers and fashion...

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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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