Blog

January 08, 2020

COMMERCIAL PROPERTY AND 2020: WHAT TO EXPECT AUSTRALIA-WIDE

2020 is set to be an exciting year on the commercial property front. For the last five years, industrial and commercial real estate has achieved double-digit capital growth. 2020 is set to make it six years in a row. Foreign investment has helped boost investment market-wide creating a recording breaking year for commercial real estate. 

In the last five years, Sydney and Melbourne have been the biggest areas for commercial property growth. That’s set to change in 2020, experts believe growth...

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January 08, 2020

COMMERCIAL VS RESIDENTIAL INVESTMENT

If you’re ready to invest in property in 2020, you have two options – residential or commercial. And while both options provide an abundance of benefits, there’s a few things you need to consider when deciding which property type is best for you.

Lease Terms

Typically, a residential lease runs for a year. Commercial leases generally start at a minimum of three years and can be as long as ten years (plus options). Which of these is better? A long lease means...

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January 08, 2020

PROPERTY DRIVERS FOR AUSTRALIA'S CAPITAL CITIES IN 2020

Our population is growing, and the next decade is going to play an important role in how our world is shaped. That includes the cities we live in and the properties we spend our time. This year, these are the property drivers we expect for our capital cities. 

Health and Wellbeing

Think green. There’s a growing focus on health, wellness, climate, and the environment. That’s what you’re going to see in planning decisions in Australia’s capital cities. 

Public Transportation

Living in a compact...

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January 08, 2020

TIPS FOR RENTING COMMERCIAL PROPERTY IN 2020

If you’re searching for new commercial space for your business in 2020, there a few things to keep in mind to maximise your lease agreement rights and to meet your needs. 

Do Your Homework

The location and rental rates of the premises aren’t the only things you have to consider. You have to know your needs. What will you use the space for? How much space do you need? Where will the deliveries arrive? Are there restrooms, lifts, and offices that...

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December 11, 2019

IDEAS TO SPARK THE FESTIVE SPIRIT IN YOUR BUSINESS

A little bit of fun!

Ideas To Spark The Festive Spirit In Your Business.

Getting your office team into the festive spirit can be tricky, whether you work in the property industry – or anything else. Not everyone loves and/or celebrates Christmas as much as you, however everyone wants to feel a part of a community, so consider how you can make the holiday season relevant to everyone and bring your team closer together.

 Here are a few ideas that we have for...

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December 10, 2019

7 TOP TIPS FOR KEEPING YOUR COMMERCIAL PROPERTY SAFE OVER XMAS

Being a commercial property owner can be stressful at the best of times, and security is just one of the most common concerns our landlords and tenants tend to face. This is particularly the case around Christmas.

If you’re concerned about the security of the premises while you and your team are taking a well-earned break, here are a few of the top tips we offer our property clients:

  1. Risk Assessment – What are the biggest physical and digital threats to your...

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December 09, 2019

MAJOR DEALS OF 2019

Now that we’ve done a recap of some of the best deals we have made at McGees, let’s take a look at some of Brisbane’s biggest deals for 2019!

Here are just a few of the ones we have taken notice of:

COMMERCIAL: The biggest deal of the year goes to Cromwell Property Group who finalised the purchase of a George Street office block for $524.75 million. The property is located at 400 George Street and includes 35 levels, with net lettable...

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November 12, 2019

New Developments Overview: Brisbane

With so many projects underway, it can be tough to keep up! Here, we give you a rundown of new projects we’ve heard talk about in the past few weeks.

Hamilton: An application has been lodged for a 17 storey residential tower known as Portside East Building 17 located at Macarthur Avenue, Northshore Hamilton. The building will have eight ground-floor retail tenancies, podium landscaping, and a rooftop recreational deck comprising of a pool, bbq and kitchen area as well as a...

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November 11, 2019

The Bustling Gold Coast

The Gold Coast is always bustling, with projects through Brisbane, along the M1 and onto the coastline. There’s always something happening.

Mermaid Beach and Broadbeach has come in on the UDIA Top 20 list at number 2, thanks to a large number of major projects approved and underway in the area. From $65 million apartment complexes to $500 million luxury towers, the multi-billion development boom in Broadbeach-Mermaid Beach area is having major impacts on the skyline.

Palm Beach is another suburb that is set to undergo...

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November 10, 2019

Development Sunshine Coast

There is plenty happening around the Sunshine Coast region. This development has seen Caloundra come in fourth on the UDIA Top 20 list, with Maroochydore at fifth.

One of the biggest projects is the development of Australia’s only Greenfield city centre within an urban area. This is currently being developed at Maroochydore and includes commercial, retail, city living, entertainment and lifestyle precincts, with approximately 40% of the 53 hectare site to be parks, plazas and waterways. The project will be delivered...

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