Commercial Property Investment & Development Experts - Buyer's Agent

Residential real estate is defined by a dwelling whereby a single-family occupies and/or any rental residence up to four units.

Whilst commercial real estate and residential real estate share common characteristics in that they are both tangible assets, there are several key differences between the two assets classes, and they differ extensively in elements of risk, capital, income and returns. Residential real estate includes single-family houses, townhouses, and apartments. Properties include single-family homes, townhouses, and apartments. Commercial property comprises office space, retail shops, warehouses, industrial buildings, hotels and the lists go on.

When considering investing in the property sector, the key components contributing to your investment’s success include market conditions and property management. If the asset has been purchased at a competitive price and the property is managed to a high standard, generating income at full potential, then both residential and commercial properties can be a strong investment opportunity.

Given that today’s increasingly sophisticated sales campaigns are entirely geared to generate the highest possible sales price for the vendor, there is an increasing demand for not only representation of the purchaser but a requirement for professional guidance through the purchase process. A commercial buyer’s agent can add significant value to the buying process:

• Saving valuable time researching the market.

• Sourcing the right property in line with your brief.

• Negotiating the fairest possible purchase price to ensure you do not overcapitalise.

• Providing you with all the facts to make an informed decision and working exclusively for you with your best interests in mind.

• Local market knowledge and insights.

• Access to off-market and pre-market property opportunities.

Generally, commercial property tends to come with higher risk yet higher reward capabilities. It is essential that a commercial investor is equipped with a deep knowledge of the property market to understand the complexities of investing and developing real estate across scale. Costi Cohen is a full-service buyer’s agency with the experience to assist commercial investors, developers and owner occupiers across Australia.

Our goal is to secure a property that suits your needs, whether you’re a first-time buyer or seasoned investor. Acting as your knowledgeable representative, we take a custom approach and do our due diligence to make sure you are buying in the right area and at the right price, for potential returns you can count on. As a full-service commercial buyer’s agency, we start by sourcing every suitable property out there utilising our well-connected affiliated agents to flush out the market, taking clients all the way through to inspections, due diligence, recommendations about fair market value, negotiations, exchange and post-settlement care.

Property investment refers to the purchase of either a residential or commercial asset specifically with the aim of making a profit. Generally, to generate a return through investment, the property investor will either rent out the purchased premises or resell the property for a higher figure (or both). Prior to purchasing a property, depending on what the buyer’s purpose and intention is with the purchase, will depict the main points for consideration. For example, should the purchaser be looking for an investment property, the key points for consideration surround location, physical condition of the premises, tenant vacancy & lease(s) tenure (WALE), and annual income (if not vacant possession). When looking solely to rent out the property after purchase, a practice called ‘positive gearing’ is the ideal position to lock in. If a property is positively geared, this means the income of the property exceeds the bank re-payments and hence, the borrower is making a profit.

Property development is typically considered more complex than property investment. A textbook property developer will look to purchase a block of vacant land, build the maximum allowable amount of townhouses, units or apartments on the property, and sell them for profit once construction is complete. Should the purchaser be looking to develop the property and increase the value of the asset, factors to consider include location, yield, lease tenure (if not vacant possession), allowable uses as per local council Development Control Plans (zonings, floor space ratios, height restrictions), financial planning, planned infrastructure & supply changes.

Both commercial property investors and developers have the potential to earn significant returns on their investments. The best chance of success lies with those who have a deep understanding of the market, have undertaken the required research, built strong relevant networks and have a sound understanding of each step required throughout the project. Costi Cohen provide the full property cycle service with the experience and expertise across all touch points to help you secure a high-return commercial property investment or development.

Engaging our services is different for each client.

Our processes are tailored to suit the needs of each commercial property buyer and their respective mandates as they vary; however, we generally work to provide the following:

• Initial Consultation

• Search & Research

• Reviewing Shortlist

• Due Diligence Package as required

• Negotiation

• Exchange

• Pre-Settlement

• Settlement

• Post-Settlement Care

• Property Management

To find out more information on how we can assist in the commercial property acquisition or management process, please get in touch with one of our commercial specialists for an obligation free discussion.

If you are thinking about buying a commercial property, there are several items to consider. What type of property are you looking for: an investment or development? What type of asset class are you looking for? What is your price range? When is the best time to buy? Can you build apartment blocks in this area? These questions can all become quite overwhelming for a commercial property buyer, particularly if this is your first time in the market. The main points to consider are summarised below:

1. Are you looking for a real estate Investment or Development or both?

2. Which locations are you interested in?

3. What is your budget?

4. What is the return on investment you are looking for?

5. When are you looking to purchase this commercial property?

Once you can answer the top 5 questions, you have successfully created your tailored buyer ‘brief’. As your commercial property representative, Costi Cohen provide you with a direct approach to commercial properties and capture the entire market/neighbouring market. This includes properties that are off-market, pre-market, on-market, post market and price reduced stock.

Should you require further information on establishing your buyer brief or are interested in securing a commercial property, we recommend speaking to one of our commercial property advisors.