Another huge auction result: 25% above reserve!!

4 The Highway Mount Waverley

Following more than 145 competitive bids, the property was finally knocked down for $1,503,500

Steven Lawson
steven@lawsonrealestate.com.au

September 2016 CPI

Another huge auction result! 4.9% yield

31 London Drive Bayswater

Multiple bidders looking to top up their SMS funds pushed the sale price beyond expectations, with the property being knocked down for $771,000. 
The modern industrial property had a lettable area of 497 sq.m.
With a passing rental of $38,058.00 pa ++, the sale represented a yield of 4.9%

Steven Lawson
steven@lawsonrealestate.com.au

SOLD: $240,000 ABOVE RESERVE

44 CAMBRO ROAD CLAYTON NORTH

Owner occupier competition for limited stock driving up values with multiple bidders resulting in a final sale price of $740,000 under the hammer.

Steven Lawson
steven@lawsonrealestate.com.au

June '16: CPI continues to fall

44 Cambro Rd Clayton sale campaign running hot!

see below comment.......

http://www.realcommercial.com.au/property-industrial+warehouse-vic-clayton+north-502016774

 Steven Lawson
 steven@lawsonrealestate.com.au

Record result for Burwood Industrial

 3.65% yield  ----  $2,300 per sq.m

Sold under the hammer with over 80 bids, this functional office warehouse of 613 sq.m in the tightly held Burwood Industrial area sold for $1,410,000, well above expectations. The property was leased at $51,511 pa plus outgoings 
 

Steven Lawson
steven@lawsonrealestate.com.au 

PROPERTY MANAGEMENT TIPS...

WHY ARE DEAD BOLTS, CALLED DEAD BOLTS?

Safe and secure exits are critical at all times in both "pre" and "post" 1994 buildings.
The alternative just isn't worth it.

Marni Lawson
marni@lawsonrealestate.com.au 

INVESTMENT with MULTI NATIONAL TENANT SECURITY

NEW LONG TERM LEASE TO KIMBERLY-CLARKE

currently returning: $317,385.00 pa 

Mark Spigelman 0419 324 342
mark@lawsonrealestate.com.au

Tenants active in purchasing their leased premises

53 Holloway Drive Bayswater

The strong interest from tenants wishing to purchase their leased premises was the catalyst for the sale of this 1598 sq.m industrial property for $1,420,000

Steven Lawson
steven@lawsonrealestate.com.au

Owner occupier active in Mulgrave

14 Pickering Road Mulgrave

The owner occupier market continues to strengthen, as demonstrated by the recent vacant possession sale of this modern 971 sq.m office warehouse, achieving $1,627 sq.m

Mark Spigelman
mark@lawsonrealestate.com.au

Keysborough development sites sells for $431.00 sq.m

197-199 Cheltenham Road Keysborough

Our office recently sold this corner development site of 2085 sq.m achieving $431.00 sq.m

Steven Lawson
steven@lawsonrealestate.com.au

CPI downward movement for 1st quarter '16

Office suites in demand with owner occupiers

SOLD:  8/756 Blackburn Rd Clayton within "Monash Corporate Centre"

Modern light filled self contained office suite of 89 sq.m sold to an owner occupier.

Steven Lawson
steven@lawsonrealestate.com.au

Rare Burwood owner/occupier opportunity

11 Harker Street Burwood

https://www.youtube.com/watch?v=sUQExZ7qGwk

Steven Lawson
steven@lawsonrealestate.com.au

CPI December '15 continues the upward trend

Out of control outgoings are killing rent growth in unit developments

OUTGOINGS AS A PERCENTAGE OF ANNUAL RENTAL HAVE DOUBLED IN PAST 5 YEARS OR SO!
Escalating Owners Corporation fees, Council and Water rates, plus other charges such as ESM are now getting up around 25% of the annual rental. We have seen some as high as 30%.

The rule of thumb used to be more like 10%-15%.

Tenants look at the total occupancy cost, rent plus outgoings, with outgoings increasing at this rate, it is restricting rent growth.

Steven Lawson

steven@lawsonrealestate.com.au