Just over $35m sales in 10 weeks

Written on the 6 July 2009

GOLD Coast-based Just Real Estate Investments has sold $35 million of commercial and industrial property since opening its doors in March.

The commercial property realtor sold $10.2 million in unconditional sales and $24.8 million in sales pending finance. The property specialist is relishing in the current commercial market conditions with cashed up buyers looking for long-term, secure investments.

Just Real Estate Investments director Tony Grbcic, attributes the recent run of sales to a database of active investors consisting of local, interstate and international buyers and a wealthy syndication of clients.

“Generally sales volumes are down across the commercial property industry across the Gold Coast. But we are still experiencing strong results from astute investors taking advantage of buying conditions with a new financial cycle tipped for the industry in the near future that will realise growth in the asset class,” says Grbcic. “A lack of investor confidence and the global economic climate has placed pressure on investment activity across all property markets which have seen commercial property yields suffer.
But that is not to say that blue-chip opportunities are not out there. It is even more important to be informed by educated industry professionals to insure your investment is the best option for your financial objectives.”

The firm is selling a range of commercial and industrial properties at sites in Southport, Hope Island, Surfers Paradise, Nerang, Bundall and Bilinga.


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