Strata office values in the Sydney CBD are soaring to record highs, with the average sale price tipping past $1.5 million for the first time, new research shows. This is up more than 31 per cent from $1,142,000 in January 2018, Ray White Commercial figures show. Read more at https://www.commercialrealestate.com.au/news/strata-offices-in-sydneys-cbd-now-cost-on-average-1-5-million-a-new-record/
Making the jump from a small home office or co-working space into your own commercial space can be both an exciting step forward but also a daunting experience. Check out these expert tips to consider when you’re making this giant leap. https://www.commercialrealestate.com.au/news/five-steps-to-making-the-leap-from-home-office-to-your-own-office/
Continued optimism in the commercial sector is a key finding in the ANZ/Property Council Survey for the September 2018 quarter, with capital growth expectations for the office, industrial and hotels sectors being largely positive. Check out the full details at: https://www.propertycouncil.com.au
This edition of Auction Insights looks at the overall performance of auctions across the Ray White Commercial network for the 2017/18 financial year. Download it here.
A prominent showroom and residence with a modernised front in Sydney’s eastern suburbs is being offered for sale via auction through Grant Whiteman.
A refurbished heritage building at Charing Cross in Sydney’s eastern suburbs is being offered for sale via auction through Grant Whiteman
A retail strata building operating as a restaurant/bar in the centre of Potts Point on Sydney’s city fringe has been sold by James Griffiths for $1 million.