Hamish Mackereth’s Post

FOR SALE Fully Leased Office Investment (1,382m²* NLA Building) RWC Queensland has the pleasure to offer Building 12 Lakes Vista Office Park, 2 Flinders Parade, North Lakes in Moreton Bay, Queensland to the market. An exceptional investment opportunity strategically positioned in the heart of the Moreton Bay region, one of the largest (3rd) and fastest (5th) growing local government areas in Australia. The Moreton Bay region also has the 3rd largest number of residential dwellings of any local government area in Australia. Situated 28 kilometres* north of Brisbane CBD, North Lakes has emerged as the most vital residential, retail and business destination in the region. This new 'Central Business Hub' has attracted long-term investment from multi-national companies, major retailers, government and local business. Located just 1.8 kilometres* to Westfield North Lakes and 250 metres* to Bruce Highway (M1), and close to shops, schools, healthcare infrastructure, Moreton Bay/Beach, bush reserve, sporting facilities, train station, and cycleway. - 1,382m²* NLA office building completed in 2015, offering considerable tax depreciation benefits. - 46 secure basement car parking bays providing an exceptional ratio of 1:30m²* NLA. - 100% leased with a 2.36 year* WALE. - $633,173* per annum Net Operating Income. - NABERS Rating - Currently an 'Exception'. - Multi-tenanted building with 5 strong covenant tenants, with landlord friendly net leases including bank guarantees, providing a diverse income stream and defensive cash flow. - Huge potential for future rental growth due to strong tenant demand coupled with constrained new supply (the economic rent required for it to be feasible for developers to deliver new supply has increased significantly over recent years due to the increased construction and funding costs combined with softer capitalisation rates). For sale via Expressions of Interest campaign closing Wednesday 30 October 2024 at 4.00pm (AEST). https://lnkd.in/gyETwyhb Tom Barr Managing Director +61 405 144 352 tom.barr@raywhite.com *Approximately (radial km) Image outlines/labels indicative only #RWC #RayWhite #Investment #CommercialProperty #NorthLakes #CentralBusinessHub Nadia Salvetti

EOI | Sydney’s Premier City Fringe Warehouse Opportunity   Presenting the ultimate CBD fringe freehold asset at 1–19 Hargrave Street, Darlinghurst - an unparalleled opportunity just moments from Sydney's bustling CBD. This renowned freehold offers over 36 metres of frontage and sits on a substantial land parcel of 1,489m²*. Offering 3,124m²* of adaptable office space across three levels and a total GFA of 3,903m²*, including ground floor and rooftop parking, this impressive warehouse conversion presents a prime opportunity to occupy, develop, or add value in Australia’s most coveted and tightly held city fringe markets.   Colliers exclusively offer 1-19 Hargrave Street, Darlinghurst for sale via Expressions of Interest Thursday, 4 July 2024 at 12pm (AEST).   For further details, please contact Matthew Meynell, Miron Solomons or Matt Pontey.   #Darlinghurst #CommercialRealEstate #SydneyRealEstate #PropertyInvestment #DevelopmentOpportunity #RealEstateSales #InvestmentProperty #PrimeLocation #RealEstateDeals #CommercialProperty #PropertyForSale #SydneyProperty #InvestmentOpportunity #PropertyMarket #RealEstateSydney #colliers #sydney #australia   *Approximately

Prime Collingwood site for sale - Cushman & Wakefield Cushman & Wakefield experts Daniel Wolman, Raphael Favas, Hamish Burgess and Leon Ma have been appointed to market 53-57 Cambridge Street, Collingwood for sale. Following a well publicised supply/demand imbalance for housing in one of Melbourne’s inner-city pockets is reaping the benefits as developer demand intensifies around the gentrified areas of Collingwood and Fitzroy and East Melbourne. Historically home to long standing rag traders and inner city warehouses, the precinct is now having this landscape redefined with a string of high end residential, hotel, office and BTR developments filling the skyline. Daniel Wolman, Cushman & Wakefield’s International Director & Co-Head Investment Sales, VIC, commented on the demand for property within the precinct “This area is undergoing significant growth and demand, bolstered by a number of highly successful developments across several asset classes including residential, office, hotel and living sectors. “The dynamic precinct has fostered the development of a number of differing uses creating a vibrant and thriving inner-city precinct that is well activated and sought after.” Raphael Favas, Cushman and Wakefield’s Manager of Investment Sales added “Given the expansive footprint, abundance of natural light from the triple street frontages and 10 on site car parks, we expect this opportunity to catch the attention of not just developers but active owner occupier mandates on our books too.” Read more on COMMO - https://lnkd.in/g7X4Yx66 Cushman & Wakefield Daniel Wolman Raphael Favas Hamish Burgess Leon Ma Ariel Lu Brittany Delahoy Cameron Zamora Jeff Ha Joe Kairouz Josh Andrade Kaylee Ke Marcus Neill Oliver Hay Valerie Tang #collingwoodinvestment #melbre #cushmanandwakefield #collingwoodopportunity #forsale #primelocation #melbre #melbournerealestate #cushwake

The Birmingham Smithfield project, a £1.9bn development, has been approved by the city council's planning committee following a key amendment to increase the size of the proposed Smithfield Park by 23%. This landmark development will transform the city's former wholesale markets into a vibrant city centre destination, including over 3,000 new homes, offices, retail, and cultural spaces. The revised plans were agreed upon at a planning meeting, with construction expected to start in late 2024 and the project delivered in four phases over the next 15 years. Despite initial concerns from Historic England and Birmingham Pride, these objections were addressed, securing the project's approval. For property investors, this development presents a significant opportunity, particularly in Birmingham. The Smithfield project is set to transform the heart of the city, driving demand for residential and commercial properties. With over 3,000 new homes and a mix of office, retail, and cultural spaces, the project is poised to create a thriving community and attract a diverse range of tenants. Investing in Birmingham projects like Smithfield offers the potential for substantial returns as the area experiences significant growth and revitalization, making it an ideal time for property investors to capitalise on this once-in-a-generation opportunity. #Redcardinal #UKproperty #propertyinvestment #realestate #property #investinproperty #buytolet #marketupdate #offplan #Birmingham

HANOVER PLACE | BROMLEY | BR1 **SALE LAUNCHED**   An exciting opportunity to acquire an exceptionally well-connected Greater London landmark property with strong development and repositioning potential. 🎯 Hanover Place offers a unique opportunity to acquire an exceptionally well connected mixed-use investment in Central Bromley. 🎯 Bromley is the main commercial hub for the prosperous Greater London Borough of Bromley. The property is situated within a 2-minute walking distance from Bromley South railway station which benefits from 18-minute access into London Victoria. 🎯 Highly prominent high street location with The Glades Bromley close by and the bustling High Street. 🎯 Striking landmark property totalling 85,727 sq ft (NIA), reflecting 104,278 sq ft (GIA), arranged over two ground floor retail units and four upper office floors. 🎯 Large site area of approximately 1.28 acres (0.51 hectares). 🎯 Multi-let to three office tenants and two retail tenants, providing a WAULT of 3.11 years to expiries and 0.90 years to breaks. 🎯 The property is currently 45% let (excludes the Wilko Retail Limited lease) and produces a rental income of £627,868 per annum, equating to £7.32 per sq ft overall and £24.33 per sq ft on the let office space. 🎯 Excellent town centre car parking ratio with decked car park providing a 1:609 sq ft ratio. 🎯 Positive historic planning pre-application to establish the principles of developing the site, which was supported by the Council. 🎯 Short to medium term redevelopment potential - proximity to commuter station and nearby conversions providing precedent for potential repositioning options including residential, BTR, co-living, senior-living / retirement care, data centres, hotel and self-storage (subject to planning). 🎯 Freehold. Offers are sought in excess of £12,000,000 (Twelve Million Pounds) subject to contract and exclusive of VAT A purchase at this level reflects a low capital value of £140 per sq ft.   For further information, please contact Alex Youell, or myself. #cbrecapitalmarkets #realestateinvestment #investmentopportunity

Have you seen our weekly Lease Talk briefing? This week the Property Daily team is excited to share our market insights on the top office leasing agents in the Auckland market for calendar 2024 so far. So far, Auckland has witnessed 35 successful transactions over 1,000sqm in the CBD, Fringe and Suburban markets in 2024. Of these sizable deals, 85% of all transactions have been completed via a leasing agent. As of November 2024, Colliers is sitting on top in terms of both the amount of 1,000sqm+ deals and space leased in aggregate - with 13 confirmed transactions, and over 35,000sqm of commercial office leased to Auckland tenants. Following behind is Barfoot & Thompson with seven (7) 1,000sqm+ deals totaling 9,300sqm leased, CBRE with 8,048sqm of space leased across six (6) transactions. Bayleys is sitting at two (2) confirmed deals - (with an aggregate of 11,599sqm), and JLL with two (2) sizable transactions of 5,570sqm. Subscribe to Property Daily for the complete picture and detailed analysis https://lnkd.in/gVFMiJSC. Don't hesitate to reach out if you have any questions or would like to discuss opportunities in this office leasing market. For more information on our services and to register your interest, visit our website https://lnkd.in/gVFMiJSC. #Auckland #Colliers #BarfootandThompson #CBRE #Bayleys #JLL

Our monthly roundup of August’s real estate industry news. With large investments in the retail sector, and Central London office lettings on the rise, the commercial property sector is looking up. Plus a UK-first and huge hit for sustainability, with Nova, Oxford scoring a 100% BREEAM rating (the highest on record!) ▪️ Landsec reveals plans to revamp two of its major shopping centres in a £32m investment drive ▪️ Oxford science scheme scores UK’s first ever 100% BREEAM rating ▪️ British Land in £45m swoop for trio of retail parks ▪️ Central London office lettings increased noticeably in Q2 of 2024, says Savills ▪️ Runway East | B Corp Serviced Offices to open next flex location in second deal with Soho Estates Limited Read the full round-up here: https://lnkd.in/dERcsFDK #whatsthebuzz #wheresthebuzz #monthlyupdate #flexiblemarketingresource #realestatemarketing #propertymarketing

Introducing a prime investment opportunity in Corona, NY comprising two (2) buildings totaling 5,920 SF and 6 units - 2 commercial spaces and 4 residential apartments. Zoned R6B, the building provides a versatile and valuable space for retail businesses to thrive, as well as residential units. The convenient location within Corona ensures excellent visibility and accessibility for potential tenants. This mixed-use property represents a rare chance to secure a position in the bustling Corona area. The building is well maintained and offers good upside value opportunities. Highlights: • Prime location in Bustling Corona Neighborhood • Below Market Rents - Value Add opportunity • Approximately 2500 SF Unused Air Rights • Excellent Visibility for Retail Businesses and Accessible for Residential Tenants • Four (4) apartments above and two (2) retail stores below Contact us for more details. #NYCCREA #NewYork #CommercialRealEstate #Leased #Sold #DouglasEllimanCommercial #DouglasElliman #DouglasEllimanNewYork #LlorensNakos #Llorens_NYCCREA #AndreasNakosRealtor

With 73% of Queensland's rapidly growing population concentrated in South East Queensland, the Brisbane CBD is set for a significant transformation over the Golden Decade.  Major infrastructure projects, increased demand for office space, and new standards are driving this transformation, which is likely to affect the city's landscape and potentially lead to urban sprawl. Click here to download the report: https://lnkd.in/gXa9cKnd https://lnkd.in/gV_P2EfE #Colliers #ColliersBrisbane #BrisbaneCBD #BrisbaneOffice #Officemarket #transformation #infrastructure #populationgrowth #markettrends #growth #BrisbaneOlympics #ColliersResearch Pragya Sharma Sam Arkell Mitch Witherow Simon Beirne Bo Veivers Adam Barrett Kyle Cully Kelly Moon Greg Phillips Harry Price Ava Beganovic Sophie Spyropoulos Courtney McRobert Shane Van Beest Patryk Koch Clayton Sefo Sascha Dodd Elsa Bond Cameron Williams

Not all office markets or buildings are created equal. Sydney’s top corporate tenants are flocking to high-quality spaces in the city’s commercial core, according to the Australian Financial Review. Data from Dexus supports this trend, showing an occupancy rate of 73% in the western fringe of the CBD near Darling Harbour, alongside a robust 92% in the financial district stretching from Martin Place to Circular Quay. David Harrison, managing director of Charter Hall, Australia’s largest commercial property manager, told the AFR that they were seeing high occupancy in modern assets even in fringe markets and precincts outside of the core Sydney and the ‘Paris end’ of Melbourne markets. And as investment capital is naturally drawn to areas where tenant demand is strongest, older and less desirable properties were losing out as a result. “So stronger pricing appetite will be directed to modern-high occupancy assets because they have greater rent growth and most importantly a liquid transaction market through cycles,” he said. “This may not be the case for older assets, no matter how much refurbishment capex is spent on these older assets.” #construction #propertydevelopment #officebuilding Looking to finance a property development project? Contact Michal on 0438 358 226 or by emailing michal@mworks.com.au.