Commercial Property News and Insights

LJ Hooker Group has appointed longstanding commercial property specialist Tom Donnelly as Head of LJ Hooker Commercial to lead the brand’s growth and network offering across Australia.

LJ Hooker Commercial has named its top international performers across the network following the completion of its annual awards tour through Australia and New Zealand.

A Coolangatta arcade that’s been in the same family for more than half a century has sold ahead of auction for $4.175m.

Several LJ Hooker Commercial businesses throughout Australia have celebrated lengthy anniversaries with the network recently. We spoke with those offices to find out how their markets have changed over time.

While some developers are offloading sites and construction activity slows, a Gold Coast industrial site with upside for medium-density residential development sold well over reserve at auction recently. 

After several decades of planning, a long-awaited road network into the regional centre of Taree has brought with it the opportunity to deliver the largest transport hub between Sydney and Brisbane.

Australian commercial property markets have faced significant challenges in recent years. High inflation, rising interest rates, declining bond returns, global conflicts, and geopolitical actions have all combined to increase market uncertainty. Despite these challenges, the market has also witnessed new opportunities and structural shifts that have positively impacted commercial real estate assets.

Competition for industrial rentals in Sydney’s South-West is now akin to the residential market, according to LJ Hooker Commercial Macarthur Director Aaron Ward.

Retailers struggled through the pandemic’s lockdowns. Cafe, hairdresser, salad bar owners and others were willing-on the populace to reach the target vaccine thresholds so lockdowns would be confined to the past.