by Alex | Jan 31, 2016 | Uncategorized
We were engaged by ACH Group to search for and secure a new eastern Victorian office. In late 2015, we were pleased to see ACH move into the new premises at Tally Ho Technology Park in Burwood. ACH Group is a not-for-profit organisation which has been supporting older Australians since 1952. The team at ACH offers a wide range of services including retirement and residential accommodation options, domestic, personal and nursing care in the home, respite choices and short-term transition services...
by Alex | Nov 13, 2015 | Spaces Leased
Our team has successfully concluded a leasing deal for our client, the owner of 289 Ingles Street, Port Melbourne. IT Services business ANNEXA has taken a 250m2 space on the upper level. Annexa has been delivering software solutions for their clients since 1994 and is a specialist solutions provider around a number of software platforms. The team at Annexa implement some of the world’s leading products including Netsuite, Sage and Accellos and seek to constantly identify and procure products that best serve their client’s current and emerging needs. Both Owner and Annexa were pleased to finalise a lease for the space for an initial 3 year term with a 3 year option. The new office was completed in October and has become a welcome addition to the character filled former warehouse that has high ceilings and plenty of natural light, importantly Annexa now occupy almost a whole floor of contiguous space that is definitely a lot more comfortable than their previous “tight” space across two levels in a multi-unit office park. From all reports the Annexa team is settling right in and enjoying the new home....
by Alex | Nov 5, 2015 | Commercial For Lease
We are pleased to report that we have been appointed exclusive leasing agents for a stand-out property in a prime inner northern location. Purpose built and just completed, the 400m2 warehouse plus 175m2 office was designed to suit the owner with a specification unseen for a property of this size (such as hydraulic loading dock ramps). The office features Double glazed panorama windows with views out to the Dandenongs, Trapeze System LED lights plus aluminium power-skirting board giving you total flexibility on how to arrange the office. Also 5.5 star heating and cooling with multiple Daikin split systems. The Property is located at 27a Dawson Street, Coburg North. Call Alex on 0411 221 701 for a copy of our property report or contact us via our...
by Alex | Jun 14, 2015 | Spaces Leased
Lygon Family Dental has opened its new practice at 137 Lygon Street, Brunswick East. The team at Placeplan Property Services are pleased to have been part of the newest dental practice to arrive in Brunswick East. After a focused leasing campaign the space was successfully leased and to a business committed to its long term success. Placeplan (representing the owner) was keen to see a high quality community service provider compliment the already diverse retail offering on what is now one of Melbourne’s high quality main streets. The arrival and establishment of Lygon Family Dental exactly fitted the owners desire to secure a quality business that will make the space at 137 Lygon Street a successful business proposition and one that delivers on the needs of the local community. The benefits of the retail space at 137 Lygon Street were many and had received a lot of interest from a wide range of businesses, mainly from the service sectors. The owners of the dental practice were able to work with a brand new building that provided a “clean slate” including state of the art heating/cooling, carparking, access, security and the opportunity to provide modern signage to the all-important Lygon Street, Brunswick East frontage. Lygon Family Dental has set up state of the art facilities purpose designed to meet the modern needs of a local dental practice and the practice can provide digital X-Rays and OPG (Orthopantomogram). The design of the new practice was cleverly delivered to maximise convenience and patient comfort. There has been a definite trend back in recent years to more a user friendly personalised dental practice...
by Alex | Oct 13, 2014 | Our Views and Opinions
We know commercial real estate has a number of advantages over other investments, such as longer leases resulting in secure income streams and rents that can be agreed and substantially grown over time. On the flip side, finding the right tenant is critical to the success of your investment. We believe matching tenants to the right property and helping them conduct their business to generate success will translate in a good long term commercial property investment. Anyone considering investing in commercial property has a number of choices. Land Industrial Commercial Specialised Uses – Retail, Medical, Child Care To get started, you need to understand why you are investing and we always advise our clients to map out and agree their exit strategy before they commit to a property. In other words “know where the back door is before you go through the front door”. You don’t have to be a developer, but your exit strategy should revolve around making sure your investment can be converted to some other use once the market is ready – e.g. a small local shop may be developed to include apartments above it. For any commercial property we look at, we follow a step by step process to dig deep and uncover any aspects of the property that will impact on delivering a safe and secure income stream, that may be related to the structure of the leases, the type and mix of tenants right through to the condition of the building and any associated parking. We have conducted due diligence on hundreds of properties, we are experienced investors and client advisors and...
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