The story of 54-58 Wells Street, Frankston, serves as a compelling case study highlighting the critical importance of recognising when capital expenditure is needed in the realm of commercial real estate.
The story of 54-58 Wells Street, Frankston, serves as a compelling case study highlighting the critical importance of recognising when capital expenditure is needed in the realm of commercial real estate.
MMJ Wollongong is thrilled to announce the successful appointment of ‘The Boathouse Group’ as the operator for what is undeniably the region's premier hospitality opportunity, the North Wollongong Surf Club.
In the illustrious world of real estate, Geoff Jones stands as a towering figure, a testament to dedication, passion, and the enduring spirit of familial legacy. Celebrating an impressive 50-year milestone this February, Geoff's journey is not just a chronicle of professional success but a narrative woven with familial ties, unwavering commitment, and charming nature.
On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September.
When it comes to leasing commercial properties in Australia, understanding the rental structure is crucial for both landlords and tenants. One of the fundamental decisions to make is whether to opt for Gross Rent or Net Rent. Each has its own intricacies and implications that can significantly impact the bottom line. In this article, we'll explore the differences between these two structures and delve into the nuances of Net Rent, including its collection options.
The commercial real estate market in Australia can be a lucrative investment opportunity, attracting landlords looking to maximise their returns. While self-managing properties may seem like a cost-effective approach, it is essential to recognise the risks involved.