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  Avoiding mistakes that cost you time, money, and good tenants One of the biggest mistakes we see commercial landlords make is assuming any tenant is better than no tenant. We understand—vacancy hurts. But a poorly thought-out leasing decision can hurt a lot more in the long run. At McGees Property Brisbane, we have seen plenty of cases where one new tenant ends up driving two others out. T...

Understanding Commercial Real Estate The purchase of commercial property is a vastly different commercial proposition from buying a home. Where residential property is usually driven by emotional or lifestyle choices, commercial real estate is all about business, returns, and long-term growth. Commercial properties include office buildings, retail spaces, industrial warehouses, and even servi...

1. Asset Definition: An asset is something valuable that you own and that can make you money in the future.Example: A rental property in Brisbane is an asset because it can generate rental income and may increase in value over time. 2. Capital Gain Definition: This is the profit you make when you sell an investment for more than what you paid for it.Example: You bought shares in Telstra fo...

Table of Contents:[hide] What is a Make-Good Clause? Types of Make-Good Obligations Negotiating the Clause Understanding Your Obligations Managing Make Good Responsibly Alternatives to Make Good Are These Clauses Enforceable? Lease Transfers & Make Good Handling Make-Good Disputes Final Word What is a Make-Good Clause? A “make good...

Make Good Time and time again we experience conflict with tenants at the end of a lease over the terms and conditions of the Make Good obligations. Requiring a tenant to make good commercial premises at the end of a lease term is a reasonable expectation of the landlord. The makegood can take many forms from a simple clean to a full removal of all fixtures and fittings and return to base buil...

Table of Contents:[hide] Understanding Lease Structures: Gross, Net, and Semi-Gross Leases Explained What Are Outgoings in Commercial Leases? The Three Main Types of Commercial Leases 1. Net Lease 2. Gross Lease 3. Semi-Gross Lease Comparing Gross, Net, and Semi-Gross Leases Choosing the Right Lease Structure Need Advice on Lease Structures...

A commercial lease agreement is a written and legally binding contract between a landlord and a tenant that outlines the terms and conditions of a commercial tenancy. It is a crucial document that protects the interests of both parties and ensures a smooth and successful business relationship. This article will provide an overview of commercial lease agreements, their key elements, and the impo...

The scope and application of the Retail Shop Leases Act 1994 (Qld) in depth

Table of Contents:[hide] 1. Understanding ROI in Commercial Properties 2. The Benefits of Hiring an Experienced Commercial Property Manager 3. The Importance of a Proper Lease Structure Gross Lease (Fully Gross Lease) Net Lease Understanding Net Lettable Area (NLA) Importance of NLA 4. Understanding the Variable Outgoing Washup 5. A...

Summary of the difference between a Bank Guarantee and a Cash Bond?

  As we navigate the new fiscal year, property investors need to stay savvy with their tax strategies to maximise returns and minimise liabilities. With the right planning and advice, you can leverage tax to your advantage. Here are five essential tax tips for property investors. 1. Engage a Good Accountant A skilled accountant specialising in property investme...

Table of Contents:[hide] What Are Car Parking Fringe Benefits? Why Is Valuing Car Parking Benefits Important? Valuation Methods for Car Parking Fringe Benefits 1. Commercial Car Parking Station Method 2. Average Cost Method 3. Market Value Method 4. Statutory Formula Method 5. 12-Week Register Method Compliance and Documenta...

Table of Contents:[hide] 1. Understanding the Cost of Capital 2. Rising Interest Rates and Their Impact 3. Pressure on Underperforming Assets 4. Development Sites and the Cost of Capital 5. Banks’ Unhindered Appetite for Lending 6. The Strategic Response of Developers and Investors 7. Long-Term Outlook: Will the Pressure Ease? ...