Real Estate - FAQ
Leasing Office Space
Why should I list my commercial property with TGC?
We’re just as keen as you to get your property leased or sold, and our ever-growing number of enquiries means that we can find the best tenant to match your requirements. We’re also always happy to work with other agents to increase the pool of prospective tenants, and ensure that you receive the maximum return for your property. We understand that property trusts like to work with multiple agents, and we’re more than happy to work with you on this. Just think of us as another string to your bow.
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How much office space do I need?
This varies from business to business. If you’re looking for office space, this will be based on the number of staff and how many internal offices you need. As a general rule, we recommend around 12m2 per staff member in an open plan layout with workstations. If you’re looking for a retail space, it just depends on how big you want your shop to be!
What do I do if I want to get out of my property lease early?
We offer advice regarding early lease termination on a case-by-case basis. Don’t forget that you have the option of a sub-lease, or perhaps even a co-lease where you can share your office space with another company. The best thing to do would be to give us a call, and we can talk you through it.
How do I know if I should sign my commercial real estate lease?
Double check with a legal expert that specialises in commercial property lease terms. Though fairly standardised, each lease contract is slightly different, so it’s best to solicit the expertise of a professional.
Do I as a tenant have to pay all of the owner’s outgoings?
In most cases, a tenant does have to reimburse the costs of all of the landlord’s outgoings unless the lease states otherwise. Land tax cannot be charged to a tenant if it is a retail lease.
I need new office space in Sydney. Where do I start?
Sydney has a plethora of diverse suburbs and commercial property options to suit any business. Start by considering how much space you’ll need and where you’d like to set up your business. Consider the grade and environmental rating of property you’re looking for, as well the needs of your clients and your employees. This is our area of expertise, so feel contact us and we’ll talk you through the process.
Buying or Selling Office Space
Should my company lease or buy office space?
The decision of whether to buy or rent office space is very much based on the needs and resources of the business. Purchasing commercial property in Australia usually involves greater upfront costs than leasing, but you have more predictability when it comes to month-to-month overheads. You should also consider the future of your business, whether you’ll be looking to expand your operations, hire more staff or relocate. The best thing to do is to give us a call and we’ll be able to give you the best advice to match your needs.
Will advertising help sell or lease my commercial property?
The number one rule in advertising is to target the right market. Many agents use a huge budget to saturate all mediums. We take a great deal of time to tailor each of our advertising campaigns to meet your specific needs.
Commercial Property Management
Is it recommended to enlist the services of a commercial property agent to manage my property?
Whilst you are legally allowed to manage your property yourself, it is important to know that owners are bound by the same legal requirements that apply to real estate agents. So, that is something to be wary of should a private owner be found to be in breach of the laws.
In addition to this, managing tenants maintenance issues, rents, legal requirements and all associated costs is more time consuming than you would imagine. Having a reliable property manager to take care of these matters will make your life more hassle free.
After I’ve listed my commercial property with you, can you also manage maintenance as well as the leasing?
Of course we can! We’re a full service agency and have had nearly 20 years of experience with commercial and retail property management. We have a list of suppliers who we regularly source quotes from, and can guarantee that we can offer you whatever you need at the most competitive price.
For more information regarding our property management services click here.