Reviving Up Property Insights: Podcast and Market Update

Episode 21 of Talking Real Estate, John is joined by John Roca

Tune in to our latest podcast episode for a captivating update on the property market! Join John Gibson and the remarkable John Roca (“JR”), Managing Director and Dealer Principal of Sydney City Toyota and Sydney City Lexus, as they explore the interplay between stock levels, immigration, and employment. With JR’s extensive experience in the Australian Automotive Industry spanning over 30 years, you’ll gain a fresh perspective that combines automotive expertise and real estate knowledge.

Check out the clip below…

To listen to the full podcast click here.

Australia is now attracting more wealthy migrants than anywhere in the world according to Henley Partners (Advisory to the worlds high net wealthiest citizens). In 2023, 5,200 high net worth individuals are expected to move to Australia.

Despite multiple interest rate rises in the last 12 months, we are seeing the property market showing resilience. Sydney has incurred four months of straight growth and Brisbane and Melbourne are both in positive territory as well. Two key drivers are low stock levels and immigration.

Do you require assistance with a property related matter?

Email John at
john@locatenegotiate.com.au
or call 0414 332 233.

Commercial Tenant Representation

Sydney CBD, NSW

Summary
Our global client’s Head Office is located in Sydney CBD . They had a lease expiring in 6 months and requested us to undertake a Stay vs Go analysis. The office market had shifted dramatically during their occupation before, during and post pandemic. In short, the rent they were currently paying was over the odds. We advised that they could potentially relocate to a superior A grade space at a cheaper rate.

We were engaged to undertake negotiations and in parallel, explore and identify credible alternative premises. After some robust negotiations with the landlord, they agreed to reduce their rent (increased their incentive) to what we believed the market rate to be on the basis we committed to a new lease.

Relocating was a very real option for our clients, but at the end of the day our clients were happy to renew their lease and remain at the building.

Key Points

The overall savings in rent would be substantial, totalling hundreds of thousands of dollars throughout the duration of the new lease agreement. The cumulative impact of these savings is impressive, highlighting the significant value that can be achieved by making a cost-effective leasing decision.
One of the major advantages of the proposed solution is that it ensures a seamless transition for the client’s business operations without causing any disruptions.

Residential Buyers’ Agent

Gymea Bay, NSW

Summary
We were successful in negotiating the purchase of this house for our client pre auction. Our strategic advantage stemmed from our ability to take action quickly. Our clients wanted the property, and it was our job to make it happen.

We employed a combination of tactics, thorough market analysis, and deep understanding of the client’s needs to position ourselves ahead of the game. Our expertise in the industry and comprehensive knowledge of the property’s worth and potential gave us an edge, enabling us to present a compelling case to the seller.

Key Points
Our primary objective is twofold: to secure the property at the most advantageous price possible and to ensure a seamless and hassle-free transaction. We take great pride in our ability to fulfill these responsibilities and deliver exceptional outcomes. Job completed!

Testimonial:

“Thanks to John and his team I had an excellent experience with both the purchase and sale of an apartment several years ago. So I didn’t hesitate to contact John when we needed a new apartment. John and his team are very experienced, professional and friendly. Again all the hassle of doing the footwork, searching and negotiating was taken away and we are thrilled with our new apartment negotiated pre auction. Sincere thanks to John and the team.” – R Hoare