Archive for the ‘Editorial’ Category

PROPERTY INVESTORS BANK ON BUDERIM

Signalling a renewed interest in low-risk quality commercial property, dozens of investors registered their interest in purchasing a highly visible retail holding on Burnett Street, Buderim on the Sunshine Coast.

The highly sought after retail property at 1/72 Burnett Street opposite the Woolworthsanchored Buderim Marketplace, was sold in July after a 28-day expression of interest campaign attracted more than 50 enquiries and six written offers.

Sold to a local investor for $2.035 … Read more »

FIRST QUARTER REPORT- SENTIMENTS AND INDICATORS REMAIN STRONG

INVESTORS LOOK TO SUNSHINE COAST FOR STRONGER YIELDS

A new industrial project has been generating interest on the Sunshine Coast, with its comparatively strong yields and cutting-edge design attracting investors pushed out of southern big-city markets.

The Sunshine Coast Business Hub in Caloundra West has attracted inquiries from local and international investors, with three pre-commitments in place just weeks after its launch, said CBRE’s Glen Grimish, who is marketing the project in conjunction with Luxe Commercial’s Chris Sales.

The design of … Read more »

GETTING CREATIVE WITH PROPERTY

Getting creative with your property portfolio is about diversifying; spreading your risk, broadening your horizons and varying your current holdings.

In short; avoid putting all your eggs in one basket.

Luxe Commercial’s managing director Chris Sales says a diversified property portfolio allows for more balanced and consistent returns and greater flexibility particularly in the commercial market.

“Property investments are long-term propositions and by diversifying … Read more »

BUSINESS RUNS IN THE FAMILY

The definition of family for Luxe Commercial managing director Chris Sales is one of passion and influence.

The 30-year-old happily admits he is still learning about business and that his dad, Glenn Sales, has and continues to be a huge inspiration, particularly when it comes to business, work ethic and people skills.

Describing his dad as hardworking and an industry leader, Chris still goes to Glenn to discuss business ideas and strategies.

“I’ve … Read more »

THE LUXE TOUCH

For boutique property agency, Luxe Commercial, real estate goes well beyond bricks and mortar. It’s about people, the community and old-fashioned service.

Opening its doors with just two full time staff and a basic office suite in Kawana in February 2015, Luxe Commercial has established itself as one of south east Queensland’s leading commercial property business.

Luxe managing director Chris Sales, a passionate … Read more »

A PROFILE ON LUXE

We were in incredibly proud to see Luxe Commercial managing director Chris Sales on the cover of this month’s Profile Magazine. It was a great chance to discuss how the business started, the motivation and hard work that goes on behind the scenes. Chris also talks about the influence his dad, Glenn Sales had on his love for business and … Read more »

TIGHTER RESIDENTIAL REAPS A COMMERCIAL REWARD

Changes to residential investment lending criteria is starting to result in a changing landscape for Australia’s commercial property sector, including the market on the Sunshine Coast.

The Australian Prudential Regulatory Authority (APRA) has initiated tighter lending requirements for banks and financial institutions due to rising concerns about the number of property investors, the stability of the market and economic conditions.

Part of the … Read more »

THE BILLION-DOLLAR INDUSTRIAL SECTOR

There’s not a lot of sexy when it comes to sheds. But in commercial circles the humble industrial sector is one of the key drivers of a healthy commercial market nationally and it’s a similar story for the Sunshine Coast sector.

Across Australia last month’s Colliers Industrial Review reported $6.45 billion in industrial assets changed hands throughout 2014/2015, an increase of 56 … Read more »