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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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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