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Commercial Real Estate News & Knowledge

How to Calculate Yield for Commercial Property

April 29, 2024

About Commercial Property Property Management

Yield for Commercial Property As a commercial property investor in Brisbane or Gold Coast, calculating yield is a crucial step in assessing the potential profitability of an investment. Yield represents the annual return on your investment, expressed as a percentage. The result of the calculation can be useful when comparing and justifying different investment opportunities. […]

Brisbane CPI March 2024 Quarter

April 26, 2024

About Commercial Property Latest CPI data Market News

The Latest CPI All Groups Brisbane Increase The Brisbane Consumer Price Index (CPI) for March 2024 increased by 1.1% compared to the previous quarter. This resulted in a 3.4% increase in prices over the year ending in March 2024. What is the effect of CPI on commercial property owners and tenants? The CPI figure can […]

Brisbane CPI December 2023 Quarter

February 1, 2024

Latest CPI data Market News Property Management

The Latest CPI All Groups Brisbane Increase The latest CPI All Groups Brisbane number is 137.7, with an increase of 0.6% during the October to December 2023 quarter. Brisbane recorded an annual rise of  0.5% compared to the national CPI of 4.1%. What is the effect of CPI on commercial property owners and tenants? The […]

 

Should I Auction My Commercial Property?

November 29, 2023

About Commercial Property Market News

Deciding the best method of sale for your commercial property can be a difficult decision. The choice can be a lot easier if your real estate agent is experienced and acting in your best interests. There are four main points when deciding whether an auction is the most ideal method of sale: The current market […]

When To Take Out Insurance When Buying a Commercial Property in Queensland

October 31, 2023

About Commercial Property Property Management

Buying a commercial property in Queensland can be a big investment. It’s important to protect your asset with insurance, but when should you take it out? In Queensland, the standard REIQ contract conditions state the property is at the buyer’s risk from 5pm on the first business day after the contract is signed. This means […]

Brisbane CPI September 2023 Quarter

October 25, 2023

About Commercial Property Latest CPI data

The Latest CPI All Groups Brisbane Increase The latest CPI All Groups Brisbane number is 137, with an increase of 1.2% during the July to September 2023 quarter. Brisbane recorded an annual rise of 5.2% compared to the national CPI of 5.4%. What is the effect of CPI on commercial property owners and tenants? The […]

How Bank Guarantees Work for Commercial Properties in Australia

September 26, 2023

About Commercial Property Property Management

Bank guarantees are a common form of security used in commercial property transactions in Australia. They provide a level of protection for landlords in the event that a tenant defaults on their lease obligations. They also give a form of security for tenants as typically they are interchangeable for cash bonds that a landlord would […]

The Importance of Professional Commercial Property Management

August 24, 2023

Property Management

Commercial property ownership can be a very rewarding investment, but it also comes with a significant amount of responsibility. From managing tenants to ensuring the property is well-maintained, there are many tasks involved in keeping a commercial property profitable. This is where professional commercial property management comes in. A professional property manager can take care […]

Brisbane CPI June 2023 Quarter

July 26, 2023

Latest CPI data

The Latest CPI All Groups Brisbane Increase The latest CPI All Groups Brisbane number is 136, with an increase of 1.0% during the March to June 2023 quarter. Brisbane recorded an annual rise of 6.3% compared to the national CPI of 6.0%. What is the effect of CPI on commercial property owners and tenants? The […]

What is WALE Commercial Property? How is WALE Calculated for Commercial Property?

July 17, 2023

About Commercial Property

WALE, or Weighted Average Lease Expiry, is a measure of the average length of time that tenants are expected to remain in a commercial property based on their existing lease. WALE is calculated by taking the weighted average of the lease terms of all the tenants in a property. WALE is an important factor to […]

Do Commercial Property Bonds Include GST?

June 27, 2023

About Commercial Property

Tenants of commercial and industrial property are usually required to pay bonds to a landlord before they are granted access to the property. The amount of the bond is negotiated and agreed upon in the lease. A common question in regards to commercial real estate is whether the bond amount should include GST or not. […]

What is WALE Commercial Property? How is WALE Calculated for Commercial Property?

May 30, 2023

About Commercial Property

WALE, or Weighted Average Lease Expiry, is a measure of the average length of time that tenants are expected to remain in a commercial property based on their existing lease. It is calculated by taking the weighted average of the lease terms of all the tenants in a property. WALE is an important factor to […]

GOLD COAST SHOWROOM - NEW LEASE

May 22, 2023

Crew News

Celebration Hub, “the largest party shop on the Gold Coast”, has relocated to a new location at 1/118 Brisbane Road, Labrador. The new Gold Coast showroom lease was negotiated by Jacob Zhou and Dave Kertesz from Crew Commercial. The new premises is located in a prime position on Brisbane Road, a main arterial road, just […]

Cleveland Metro 50% SOLD

May 17, 2023

Market News

Crew Commercial is pleased to be marketing Cleveland Metro, located in the vibrant Redlands Bayside suburb of Cleveland. This modern, well-designed industrial complex offers both functionality and style. Cleveland Metro is located at 45 Shore Street West Cleveland, offering easy access to major transport routes, key local infrastructure and amenity. Positioned only 27km east of […]

Sold - 16 Kamholtz Court, Molendinar

May 17, 2023

Market News

Crew Commercial continues to lead the way in commercial sales within the Gold Coast industrial market. Crew Commercial is proud to announce the recent sale of 16 Kamholtz Court, Molendinar for $2.1 million plus GST. The property, consisting of 1521 square meters of land, was sold to an owner-occupier within a week after its first […]

Bonds for Leasing of Commercial Property and Industrial Property - Everything to Know

May 16, 2023

About Commercial Property

Bonds for leasing of commercial property and industrial properties often involves various legal and financial aspects, one of which is the requirement for a bond. Understanding bonds and their significance is crucial for both landlords and tenants. In this comprehensive guide, we will delve into everything you need to know about bonds for leasing of […]

 

Sold - 29 Homestead Drive Stapylton

April 20, 2023

Market News

Crew Commercial has successfully completed a landmark sales transaction within the Yatala Enterprise Area. 29 Homestead Drive, Stapylton has sold for $5,300,000 + GST which represents a sales rate of over $3,000 per square meter. The property was designed by well renowned architect Jared Poole and featured the latest in smart security and building automation. […]

Commercial Agency of the Year - Finalist

March 17, 2023

Crew News

Crew Commercial has been announced as a finalist for “Commercial Agency of the Year” for the whole of Australia. The AREA Awards are commissioned by RealEstate.com.au and their sister commercial real estate portal RealCommercial.com.au. Both websites are the number one searched portal in Australia for their respective property categories. Crew Commercial commenced operations in 2001 […]

 

Over 150 Qualified Buyer Enquiries

March 3, 2023

Crew News

Gold Coast industrial properties are continuing to draw the attention of savvy cashed up investors with two multi-million dollar freehold sites selling via separate auction campaigns. Both properties were marketed by Josh Wright, Director at Crew Commercial. 20 Central Park Avenue was offered for auction with an existing tenant in place returning $140,000 plus outgoings […]

Commercial Property Lease Options - A Full Explanation for Landlords and Tenants

February 28, 2023

About Commercial Property

As a commercial landlord, you are often faced with the decision of whether you should grant your tenants an option to renew their lease. While an option to renew can be an attractive proposition for tenants, it can also pose significant risks to landlords if not properly managed. In this blog post, we will explore […]