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  1. Martyn Fleming

    Where to find Sold prices for Commercial Property?

    Agree with Bird Dog - either RP, PDS Live or both. In the context of a commercial property purchase, the cost for a subscription is a worthwhile expense. I subscribe to both, as the information isn't equally shared between them. Some of the information results from a real estate agent's...
  2. Martyn Fleming

    Nras #2

    What's amazing is the 101 comments below the article. It's interesting to see what people are willing to accept at face value! Also, how does a list circulated in late 2010 only make the news a year later? Not the most finger-on-the-pulse or factual journalism I've ever seen...
  3. Martyn Fleming

    What do you look for in commercial property investment?

    If it were in Brisbane, I might be able to help. If not, you could talk to a variety of CP REAs not involved in the deal and ask for their opinion. Listen to the rationale they offer and work out what makes sense and what doesn't for yourself. CP is a bit trickier compared to Resi when it...
  4. Martyn Fleming

    Helping a mate - Commercial Feasibaility - Lease

    Hi Kamak Good points raised by Scott. Something else that's worth considering is how your mate intends to build patronage and sales at the new premises and the expected time to do break even and grow. If the business will rely on goodwill (clients remaining sticky between location 1 &...
  5. Martyn Fleming

    Frustration with searches on RE.com and Domain

    Firstly, I'll start by giving RE.com credit for two things: 1. Including post codes. I remember doing searches for "West End" and coming up with results in both postcodes: 4101 & 4810. Why they have two same named suburbs in one state is beyond me, but at least they sorted that out. 2...
  6. Martyn Fleming

    Brisbane Meetups - Residential & Commercial

    Brisbane Property Networking & Education Night at the Local: "Commercial Property - Options for Business Owners" Wednesday, August 10, 2011, 6:00 PM Westpac Bank, Aspley 1374 Gympie Road, Aspley, Brisbane "Commercial Property - Options for Business Owners" deals with the dilemma...
  7. Martyn Fleming

    Nras #2

    To get an idea, I previously used ABS figures, but I found local searching by map would dig up more relevant results. This is mainly because the social housing property is hardly ever evenly distributed across a suburb. Searching for social housing density in an area used to be a little easier...
  8. Martyn Fleming

    Lease offer..would you take it???

    Talk to your local town planner on this one. I find that the timings vary between councils. I'm in South East Queensland and every council offers a completely different experience with approval timeframes. Your town planner should be able to tell you what stage their project is up to and the...
  9. Martyn Fleming

    Nras #2

    Most of these "CG hawks" (nice name for them) seem to have gone underground for now, but I'm sure we'll see them again in 10 or so years. At the moment, it's difficult to maintain your credibility while promoting strong CG predictions for the short - medium term. With NRAS properties, I guess...
  10. Martyn Fleming

    Making an offer, signing contract

    Hi Beanz Yes, I'd make sure you're 100% about the property before signing a contract. Yes, some agents will try to sit on an offer if they believe another offer could be shaping up in the immediate future. I once had an agent tell me that she routinely sits on all offers for 2 weeks to...
  11. Martyn Fleming

    What do you look for in commercial property investment?

    A great thread and interesting read. Just a few thoughts to add to the mix. A few posts here talk about the importance of traffic. I agree and the importance is relative to the zoning and how people intend to use it. As you can imagine, retail will generally place higher value on traffic...
  12. Martyn Fleming

    Nras #2

    Good update CP. Be nice if we could structure that info in tabular format. Question for our more experienced folk - what's the best way to do something like that? Add as an attachment, convert into an image, or just leave it as text? As for signature blocks, I'm really not sure either...
  13. Martyn Fleming

    Nras #2

    Or at a fed level, roof insulation would be another one (have to pity some of the business owners and workers set up to deliver under that scheme). While nothing's sacred, I'd be surprised if the NLP would significantly alter the NRAS. The current Fed Govt websites talk about their 10 year...
  14. Martyn Fleming

    Creative solutions for occupying a commercial premises

    Hi Chilliblue - Good to meet you! You look like you've been around the traps for a while. :) Another example? I had one client involved in buying two floors of office space in the CBD (approx 4,000m2 in total). The vendor and buyers weren't seeing eye on price and there was insufficient...
  15. Martyn Fleming

    Creative solutions for occupying a commercial premises

    Hi Kristine - My goal for this thread is to help broaden our minds as to what's possible for business owners. What I find exciting about commercial property is the diversity in the deals, yet I'm sure there is much to learn from each other's experiences - what's worked and what hasn't. Bird...
  16. Martyn Fleming

    Creative solutions for occupying a commercial premises

    To clarify: I'm interested in few dimensions: Different sized business entities- I know this discussion could vary quite considerably between large business entities and those making the brave step out of their home-based operation. I'm just as interested in those solutions for small business...
  17. Martyn Fleming

    Creative solutions for occupying a commercial premises

    I'd be very interested in hearing your story in how you achieved a good outcome as a business owner (or anyone representing the owners). I'm particularly interested in arrangements that would not be considered 'mainstream' in a typical commercial contract (sale or lease). I'd like this to be...
  18. Martyn Fleming

    Nras

    CG - When the scheme ends... Just wondering if anyone would like to speculate on house values in the NRAS precincts when the scheme expires (relative to non-NRAS houses). If I jump into my time-machine (a handy investment tool) and picture myself about to buy an NRAS property with 6mths left...
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