1. maintain control over your insurances If you have a Net Lease and the tenant pays outgoings this does not give them the right to arrange your insurances. It simply means they need to fund the reasonable costs of insuring the property. If you allow a tenant to arrange building insurance, quite obviously their risk [...]
In the property industry you need to keep up to date with what is happening in NSW. But where do we look? We are constantly being bombarded with news online and it can make keeping up to date a monotonous process, as we trudge through the endless ‘unrelated news’ to get to our beloved property [...]
Seemingly only a year or so back it was difficult to ‘give away’ small lot subdivision Industrial land. The demand created by the off the plan sales at Stockland’s newly released Waterside Corporate Estate at Penrith is proof that the buyers are back in force. The 28 lot estate was released in late 2014 and [...]
Ingleburn is situated 44 kilometres south west of Sydney’s CBD, along the M5 motorway/Hume Highway. Prior to around 1980, the suburb’s land west of the rail line was largely rural, with industrial development springing up between the rail line and the Hume Hwy approximately 35 years ago. The abundance of level inexpensive land made the [...]
The proposed M9 motorway (the outer Sydney orbital) would see a huge increase in activity and values across the various industrial markets it is identified to service. The construction of the various motorway networks throughout western Sydney over the past 20 years has consistently reflected an increase in demand and hence values of industrially-zoned land. [...]
Over the past 12-24 months we have seen a surge of ‘owner occupier’ enquiries entering the market. Most of these enquiries have been long term tenants in their existing premises however with interest rates being at a historical low and a high influx of overseas capital coming into Australia, many companies are now choosing to [...]
