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

SUPREME COURT ORDERS OCTAVIAR GROUP TO WIND UP

THE Queensland Supreme Court has ordered the Octaviar Group of companies (formerly known as MFS Group) to be wound...

CEOS BRAVE THE COLD TO RAISE $1.4 MILLION FOR THE HOMELESS

MORE than 400 executives confronted the cold last night in the annual Vinnies CEO sleepout, which took place benea...

JENNIFER WESTACOTT ON BANK TAX: IT EXPOSES GOVERNMENT "DESPERATION"

South Australia's new bank levy exposes the desperation of a government that is unable to get its own budget and ...

BASKETBALL'S COMEBACK CONTINUES WITH NBL CLUBS TO FACE OFF AGAINST CHINA'S NATIONAL TEAM

THE RESURGENCE of Australia's National Basketball League (NBL) continues with China's national team to play t...

Related News

BASKETBALL'S COMEBACK CONTINUES WITH NBL CLUBS TO FACE OFF AGAINST CHINA'S NATIONAL TEAM

THE RESURGENCE of Australia's National Basketball League (NBL) continues with China's national team to play t...

DOMESTIC TOURISM IN AUSTRALIA BREAKS RECORDS, INJECTS $61.7 BILLION INTO NATIONAL ECONOMY

DOMESTIC Australian tourists have spent a record breaking $61.7 billion on intra and interstate travel this year, acc...

THE DOCTORS WHO PLUNGED INTO THE SHARK TANK AND SURVIVED WITH A $500,000 INVESTMENT

THEIR mission is to change the face of cancer care with an app that empowers and connects patients and care givers...

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one o...

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