Know before you go: Avoiding grey areas in make-good clauses
How often do make-good clauses become a point of dispute when tenants vacate a commercial property? In the worst cases, loosely worded make-good clauses can lead to disputes and even litigation, costing both parties time and money to resolve. At Bromley Real Estate, we draw on nearly 50 years of experience in lease negotiation and […]
How the wrong property manager can cost you tens of thousands of dollars
Engaging the wrong commercial property manager can have significant financial and compliance impacts for investors. Some private investors take a DIY approach to the management of their assets in an attempt to save money. Some others enlist the manager of their residential portfolio to look after their strip retail shopfront, warehouse or office buildings for […]
Adaptive re-use – moving with market trends
Cities and their economies change. Whether it’s from global, regional, technological or social influences, what was in-demand five, 10 or 20 years ago may garner a fleeting interest today. Repurposing buildings for new commercial uses is important for landlords seeking to maximise value and future proof in a changing market. Town planning schemes have also […]
How to maximise your assets this tax season
With tax time fast approaching, commercial landlords are turning their attention to ways they can strengthen their investment returns. At Bromley Real Estate, our commercial property management team works closely with clients to ensure their assets are performing at their best. A key part of this approach is our focus on proactive asset management. We […]
Development sites come into focus as Qld tackles housing crisis
Queensland is off the pace in the race to meet future housing targets for the state. Queensland’s lifestyle, coupled with the remote working movement, supercharged the state’s population base during and since the pandemic. In the year to June 30 2024, the state’s population grew to 5,586,322 which represented a nation-leading 2.3% gain. But the […]
Demand for hardstand reaches new level
The industrial corridor linking Brisbane’s south, Logan, and the northern Gold Coast is experiencing significant growth. A three-year shortage of hardstand listings is driving up both rents and property values in this area. At Bromley Real Estate, our dedicated sales and leasing team is continuously expanding our database with civil construction, transport, haulage, and other […]
Commercial Property Gold for Brisbane 2032
Which commercial property owners and tenants will take gold before Brisbane’s 2032 flame is lit? Queensland Premier David Crisafulli this week revealed the final pieces of the Brisbane 2032 Olympic and Paralympic Games. The $7.1bn allocation for venues will be transformative and sets up a broader transport infrastructure investment that will be transformative for South […]
What’s your property worth?
Brisbane and SEQ’s property markets – both commercial and residential – have shifted over the last five years. Dramatic changes in lending, supply constraints, evolving tenant demands and infrastructure additions have combined to impact values and yields. In this moving landscape, do you really know what your property is worth or the returns that comparable […]
Experience counts when disaster strikes
Whenever a severe weather event arrives, the importance of an experienced asset manager cannot be discounted. In the lead-up to ex-Tropical Cyclone Alfred – at the time, a Category 2 cyclone in the Coral Sea – Southeast Queenslanders were uncertain of the scale and destruction the weather event was going to bring. The last cyclone […]
Making new homes more affordable
From May 1, First Home Buyers (FHBs) will no longer pay stamp duty on newly built homes in an initiative to help more renters make the leap to home ownership. The targeted incentive has been welcomed by the majority of stakeholders in the industry. According to the Queensland Government, abolishing the payment for first home […]