Access to Brisbane and Gold Coast is a plus for Beenleigh

SEPTEMBER 14, 2018

The strategic location of Beenleigh and surrounding suburbs will continue to be a major driver for the region’s commercial markets, said John Tamblyn, Joint Managing Director, Raine & Horne Commercial Beenleigh.

“There is a lot of benefits of being in Beenleigh and surrounding suburbs for those businesses who want to service the needs of the two million plus people living in Brisbane and the more than 500,000 residents of the Gold Coast, and its multibillion dollar tourism industry,” noted John. “Being located between the two cities and servicing them via the M1 makes a lot of sense. The area boasts efficient electric passager train link between Brisbane and the Gold Coast, as well as the new tram link from Helensvale train station which services the coastal strip through to Broadbeach.” This transport connectivity makes Beenleigh a well-placed commercial location strategically, John added.

Properties across a broad range of industrial, retail and office space priced below $1 million enjoy a higher level of sales activity because there are more players in this price range, according to John.

He adds, “If a property is selling on an 8-10% yield, it will transact quickly. If it has 6%, it will sit around for a bit longer, unless it has quality and secure lessees.”

Overall, John says yields on commercial assets in Beenleigh range from 6.5%-7.5% for retail, rising to around 7.5-8.5% for industrial assets and 7.0-8.0% for office properties.

Why Raine & Horne Commercial?

Our full-service commercial real estate network can provide in-depth knowledge of local and regional property markets, with insight and understanding that comes from being a part of a long-established national and international property group. Committed to personalised service and achieving unsurpassed results, our clients continue to benefit from our network strength, which allows substantial cross-flow of international referral, advice and investment.

The Raine & Horne Commercial network is comprised of 100% owner-managed offices and includes numerous industry leaders and award winners. We employ agents who are empowered, encouraged to share and who maintain first rate communication to deliver the best possible outcome with every transaction. We pride ourselves on staying abreast of local and national trends and developments in the property industry, resulting in consistently cutting-edge services and holistic solutions for our clients.

Our industry experts embody and respect the family-oriented values synonymous with the Raine & Horne Commercial brand, allowing us to provide a complete range of professional services for all aspects of commercial, industrial, retail sales, leasing and specialist properties.