NAI Harcourts has named Jason Luckhardt as its Australia National Manager.
In this issue we hear about the commercial property landscape in Melbourne, saving an historic icon and more from the national awards.
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Melbourne’s Industrial North is seeing huge growth at present with a significant new development in the pipeline. According to John Georgiou, Commercial Industrial Specialist for Epping and Thomastown in North Melbourne, “the main reason for this is the population growth and the number of companies moving out of built up areas closer to the CBD. Many of the city fringe industrial suburbs are slowly being redeveloped to residential, therefore companies are looking to be closer to the main arterials with more modern facilities.”
Hamilton investment properties remain in hot demand at the moment, particularly for those below $1m and even more so for those below $500,000.
In this edition, we hear from local commercial experts Phil Grant and John Georgiou on the Brisbane and Melbourne commercial property markets.
Harcourts Victoria has been nominated for innovation excellence in the Real Estate Institute of Australia (REIA) National Awards for Excellence 2017 it was announced Thursday.
NAI Harcourts commercial broker Andy Howell jointly with Burgess Rawson have just recently sold ‘Holyman House’, one of the most iconic art deco buildings in Launceston for the price of $3 million at a yield of 7.9%.
The year has started off full steam ahead with both lease and sales enquiries coming in strong for the NAI Harcourts Aspley business. Phil Grant, Director of Sales and Leasing says “We are seeing enquiries converting to commitment which is fantastic as most of last year people were indecisive and unwilling to commit in a short period of time. We have a number of great sites that will be hitting the market very shortly from ex church sites, to service station sites to large residential development sites”.