Comprehensive Commercial Property Services to Enhance Asset Value and Operational Efficiency

At McGees Property, our experienced and qualified project managers bring extensive expertise in valuation, management, and agency services. We provide tailored solutions that meet the specific needs of each client, with a clear focus on maximising asset value, reducing operational costs, and ensuring full regulatory compliance. The following key service areas outline our approach to optimising the performance of commercial property assets.

Key Areas of Activity and Strategic Recommendations

  1. Reposition of Assets to Improve Returns and Outcomes for Stakeholders
    Transform underutilised or ageing spaces to attract higher quality tenants and increase rental income.
    Example: A dated retail centre in Brisbane is repositioned into a mixed use development offering modern retail, co working offices, and residential accommodation.
    Strategic Recommendations: Review the existing tenant mix, identify underperforming areas, and repurpose space for higher yielding uses. Introducing amenities such as co working or specialty retail can support stronger rental returns and broaden tenant appeal.

  2. Improving Green Star Credentials and NABERS Ratings
    Reduce operational costs and attract environmentally conscious tenants through sustainable upgrades.
    Example: An office building in Fortitude Valley undergoes a retrofit to include energy efficient systems, LED lighting, and water saving fixtures, resulting in an increase in its NABERS rating.
    Strategic Recommendations: Conduct a detailed energy audit to identify opportunities for improvement and align upgrades with government incentives for green certification.

  3. Fire and Safety Implementation Programmes
    Protect tenants and safeguard assets by ensuring compliance with modern fire and safety standards.
    Example: A multi storey office building in the Brisbane CBD implements upgraded fire doors, sprinkler systems, and smoke detection technology.
    Strategic Recommendations: Undertake a comprehensive fire safety audit to identify compliance gaps and prioritise improvements that reduce insurance risk and protect asset value.

  4. Relocation Management
    Manage tenant relocations with minimal disruption to business operations and rental income.
    Example: A retail tenant in Surfers Paradise is temporarily relocated during refurbishment works, with careful coordination to ensure business continuity.
    Strategic Recommendations: Develop a clearly structured relocation plan, supported by communication strategies and temporary leasing options, to minimise downtime.

  5. Centre Expansion and Mix Management
    Curate and expand the tenant mix to increase foot traffic, rental yields, and overall centre performance.
    Example: A Southport retail centre expands to include a dining precinct alongside recognised national retailers, increasing visitation and asset attractiveness.
    Strategic Recommendations: Review consumer trends and introduce tenants that drive visitation, supported by lease terms that facilitate long term sustainability.

  6. Multi Site and Roll Out Programme Management
    Oversee the delivery of multiple commercial locations to ensure consistency, quality, and efficiency.
    Example: A national retailer commissions McGees to coordinate five new store openings across Queensland within a year, ensuring brand alignment and quality control.
    Strategic Recommendations: Implement a structured rollout timeline, coordinate contractors and consultants, and maintain consistent brand and design standards.

  7. Pre Acquisition Due Diligence
    Identify risks and opportunities prior to purchasing a commercial asset.
    Example: An investor considering a warehouse complex in Eagle Farm commissions McGees to review structural integrity, lease agreements, and market rent comparables.
    Strategic Recommendations: Undertake a detailed market analysis to uncover hidden risks, assess redevelopment potential, and guide acquisition strategy.

  8. Make Good and Condition Reports
    Protect asset value by documenting the condition at lease commencement and expiry.
    Example: Prior to vacating an office tenancy in Fortitude Valley, a make good report is completed to determine required reinstatement works.
    Strategic Recommendations: Initiate make good assessments several months before lease end to allow time for repairs and minimise disputes.

  9. Workout and Turnaround Solutions
    Revitalise underperforming assets to restore cash flow and long term value.
    Example: A regional retail centre with high vacancy undergoes a turnaround programme involving rebranding, marketing strategy, and targeted leasing.
    Strategic Recommendations: Use targeted marketing and negotiate strategically with prospective tenants to rebuild occupancy and revenue streams.

Specialised Sectors of Expertise

  • Suburban Offices to maximise occupancy, retention, and rental performance.
  • Industrial Properties with an emphasis on improving logistics, warehousing efficiency, and tenant outcomes.
  • Retail Centres where tenant mix and visitor experience drive performance.
  • Marina Developments focused on mixed use and recreational enhancement of waterfront assets.

Partner Expertise

McGees collaborates with trusted industry partners to deliver complete solutions, including:

  • Town Planning for strategic land use and development guidance.
  • Engineering for structural assessments and sustainable design.
  • Design and Construction for efficient and cost effective building outcomes.
  • Energy Audits to identify savings and sustainability opportunities.
  • Workplace Health and Safety to ensure compliance and protect tenants.

McGees Property is committed to delivering tailored commercial property solutions that maximise asset value, reduce operational risk, and enhance tenant satisfaction. Contact us today to discuss how our expertise can support the performance of your property portfolio.