Inside this edition you can read valuable articles on:
The second edition of Chase Commercial’s printed Platinum magazine will be in the marketplace as of late November. Platinum is a bi-annual publication targeted directly at corporate leaders, commercial property investors and developers, predominantly within the South East Queensland market. It is one of Queensland’s most targeted commercial property magazines. Platinum’s first edition was so successful it resulted in the gross sales of over $25 million of property, and the leasing of 10,000m² of floor space. Of the properties featured in the first edition,92% were sold or leased following the circulation of the magazine. The next Platinum will also feature a smattering of articles celebrating all that is great about our Queensland way of life. Platinum provides the perfect arena for you to lease or sell your commercial property, or advertise your business to the commercial property industry, however, space is very limited and fast running out. If you are interested in finding out more about advertising in Platinum magazine, contact your Chase Commercial Sales and Leasing Consultant. |
Market Round-up... Chase's sales and leasing experts give their rundown on the current Brisbane commercial property market
|
Chase Commercial’s Sales and Leasing Consultant, Chris Cash, has just been appointed a Senior Partner with the company, only two years after joining the company. It is an amazing achievement for the 25 year old, and recognition that has been well earned. Chase Managing Director, Rod Brown, describes Chris as a “team player with definite aspirations to further his career in the commercial real estate industry.” Chris is responsible for the Western Corridor, an area which includes: Wacol, Carol Park, Sumner, Darra, Oxley, Westlake, Seventeen Mile Rocks and Richlands. Before joining Chase, Chris worked for.... [read more] |
Chris Cash...
Woolloongabba...
The Brisbane City Council’s South East Queensland Regional Plan aims to make Brisbane a vibrant and livable place, able to accommodate the population growth over the next 20 years. Since 1992, the Council has redeveloped various areas in suburban Brisbane to centre around urban villages. The first, at Kedron Brook Road, Wilston, was so successful, a further 36 urban villages have been developed since. Among the next group planned, as part of the $4 billion project, is the once grand old girl, affectionately known as ‘the Gabba’. The South East Queensland Regional Plan requires the City to accommodate an additional 145,000 dwelling over the next 20 years. Some of these will be in Woolloongabba. The challenge ahead for the Council lies in establishing Woolloongabba as a centre for working and living, without disruption to the part the area plays in the City’s major transport network. |
Woolloongabba, once a bustling inner city community, suffered a lull in activity with the closing of the railway depot and construction of the South East Freeway in the late 1960’s. In recent years, initiatives such as the redevelopment of the cricket ground, the 1995 streetscape improvements, and the 2001 introduction of the South East Busway, have injected more interest into the suburb. The Urban Renewal division of Brisbane City Council currently has a Draft Woolloongabba Structure Plan in front of the Woolloongabba Community Reference Group. Challenges to consider with the Urban Renewal of Woolloongabba, as outlined in the Draft Structure Plan, include.... [read more] |
Gone are the days when a million dollar house means a long asphalt drive, expansive lawns, a 25m glamour-pool, four bedrooms and vast living areas. Our investigations have found that while $1m will still buy that, it’s just a question of where one is prepared to live. We’ve taken a brief fly around the country, and the world, to see what one million Australian dollars will buy in the current residential real estate market, and there were quite a few surprises Kicking off locally, $1m in Brisbane looks like this. Ascot, $1,050,000 A very modest 3 bedroom, 1 bathroom timber house on 405m² on the premium Racecourse Road. (Prestigious Ascot is set to become Brisbane’s first million dollar suburb with the current median house price being $912,000). New Farm, $1.1 million Four bedroom, 2 bathroom, “Orama”, currently marketed by Ivan Lazarou Real Estate, is a traditional Queenslander residence, on 607m² of land close to the Brisbane River, in the cosmopolitan suburb of New Farm.... [read more] |
Paying the price...
Residential VS Commercial Real Estate...
Once upon a time, in Brisbane’s suburbs young married couples purchased their first house and often stayed in it for the next 50 years, rearing children, and generally living their lives. Oh yes, and it also happened to grow in value, as an added bonus. Then along came Brisbane’s property boom, starting slowly in the late 1980’s and gaining momentum in the early 1990’s. By the late 1990’s many people realized what a gold mine they were sitting on, and began investing in real estate, building a ‘portfolio’, and searching for the next hot spot. The property boom provided great fodder for dinner party chatter, and investing in real estate became almost a hobby. However, the smart investors have now begun to look further afield for their real estate investments, and they’ve found it – in commercial real estate.... [read more] |
