As we enter into a new financial year, we’re still seeing the property market facing significant headwinds. The Reserve Bank‘s stubborn approach to bringing inflation down has had an effect on economic activity and while we believe the tide will turn it’s difficult to say when this will happen.
Despite this, at GrayJohnson we’ve been out-performing our peers by negotiating more leasing deals over the last two months. Among them are the following:
> 85 Cubitt Street, Cremorne – circa $150,000 pa Gross
> 370 Darebin Road, Alphington – $32,000 pa
> 899 Heidelberg Road, Ivanhoe – circa $85,000 pa
> 10 Harper Street, Abbotsford – $129,000 pa
> 157 Langridge Street, Collingwood – $87,000 pa
> 1/285 Whitehorse Road, Balwyn – $65,000 pa
> 2/30-38 Export Drive, Brooklyn – $230,000 pa
> 1/1046 Thompsons Road, Cranbourne – $135,000 pa
It has been encouraging to see interest in commercial offices returning, signalling that the work-from-home trend established as a result of the COVID pandemic may be reversing. We have also had considerable success in finding tenants for office/warehouse premises in areas ranging from the inner suburbs to Melbourne’s outer east.
We know that finding the right tenant can be a challenge, so why not put our extensive data base and wide range of industry contacts to work for you? To get things moving, just contact any of the following experienced commercial agents for an initial chat.
Brett Simpson | 0402 427 392 | brett@grayjohnson.com.au
Rory White | 0439 655 504 | rwhite@grayjohnson.com.au
Simon Regan | 0412 059 900 | sregan@grayjohnson.com.au
Tom Burley | 0451 501 800 | tom@grayjohnson.com.au
Anthony Boldrini | 0468 519 472 | aboldrini@grayjohnson.com.au
