COMMERCIAL GROWTH IN MT GRAVATT

Written on the 11 August 2010

COMMERCIAL GROWTH IN MT GRAVATT

A RAY White commercial property franchisee has given a vote of confidence in the area surrounding Upper Mount Gravatt, with a new 162sqm office on 2020 Logan Road.

The office is run by principals Deepen Khagram and Shamir Patel (pictured), who will cover a wide range of practice areas with particular focus on industrial and commercial property.

“We cut the premises back to the core shell and did a brand new fit-out, and we do commercial sales, leasing and property management,” says Khagram.

“The types of businesses we will focus on include retail, warehouse, office, showroom, industrial, development sites, child care centres and service station.

“We see quite a lot of value in the catchment area as Mount Gravatt is close to the CBD, the industrial belt of Coopers Plains and Moorooka, and to the east in Mansfield.”

Khagram says the new office picked up 20 listings in its first few weeks of operation.

“There are a lot of new opportunities in the office environment, as well as the industrial environment and we’re getting a lot of inquiry for freehold land proposed for sale in the Mount Gravatt area,” he says.

“Buyers are being a bit harder than they used to be as far as expectations on yields and there are quite genuine sellers – it’s a tough market but we’re on the right track and we expect that to continue.

“We created this opportunity to open a new franchise at Upper Mount Gravatt because we believe there is a need for a major commercial property business in this area.”

Khagram and Patel both hold masters degrees in business administration, with combined experience owning petrol stations and running national child care centres.


Latest News

2017 BRISBANE TOP COMPANIES REVEALED

WHILE Queensland is regarded as an economy in transition with the winding down of the mining boom, the 2017 top 50...

2017 BRISBANE TOP COMPANIES 1-10

FROM insurance and banking to travel, gambling, retail, property and pizza, these "heavyweights" have ha...

2017 BRISBANE TOP COMPANIES 11-20

RETAIL, property, an airline, cars, real estate, software services, energy, agriculture, veterinary services bathr...

2017 BRISBANE TOP COMPANIES 21-30

JEWELLERS Michael Hill International listed in 2016 with a half-billion dollar market capitalisation and a new CEO...

Related News

FURNITURE DISRUPTOR SET TO SHARE HIS ONE OF A KIND BUSINESS MODEL

IT'S no secret that Australians love homemaking. Their ceaseless quest to create the perfect place to call hom...

WEEDING OUT THE ASX'S BURGEONING CANNABIS TREND: 8 COMPANIES TO WATCH

A NICHE is budding on the ASX in the form of medical cannabis, an industry which has been on the country's rad...

FRESH CLASS ACTION TO REVEAL ANOTHER SIDE OF SLATER AND GORDON DOWNFALL

ACA LAWYERS has issued a formal letter of demand to Andrew Grech (pictured), managing director of Slater and Gordo...

STARSHIPS WERE MEANT TO DELIVER DOMINO'S PIZZA

NICKI Minaj may have been off the mark when she declared 'starships were meant to fly'. However, she m...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter