Complete Commercial Insight
Insights
Investing in the Legacy: 81 Smith Street, Naracoorte – An Iconic Historic Bank
Nestled in the heart of Naracoorte, 81 Smith Street stands as a proud testament to the region’s rich commercial history. Originally constructed in 1873 as a purpose-built bank, this iconic building underwent a significant remodel in 1956, adding a modern banking chamber to its southern side. With its distinguished architectural features, blue-chip lease, and historical…Read More→
The Journey of 43 Commercial Street West
The history of 43 Commercial Street West is filled with a rich tapestry of owners and transformations. From its humble beginnings to its current state as a thriving hub to 3 new businesses, this building has witnessed numerous changes over the years. In 1938, the property was acquired by R Hutton, marking the beginning of…Read More→
Comparing Commercial and Residential Property Investments: Which is Right for you?
When it comes to investing in property, one of the biggest decisions you’ll need to make is whether to invest in commercial or residential real estate. In this blog we will explore both options as they both have their own set of advantages and disadvantages, and understanding the key differences between the two, to help you decide which one…Read More→
Business for Good Breakfast with Tom Linnell
Our Commercial Team recently joined Chamber of Commerce hosted breakfast, with guest speaker Tom Linnell. Tom is the Sustainability Coordinator and Educator at Tenison Woods College, 2022 Churchill Fellow and Managing Director of EcoThink. Tom spoke on a number of sustainability topics, focussing on answering the question “how can we do what we do indefinitely?”….Read More→
Health Industry Leases and What it Takes to Secure
The recent establishment of SA Health’s new outpatient clinic at 1/165 Commercial Street East, Mount Gambier has involved the full suite of skills for the Complete Commercial Leasing team to achieve this blue-chip outcome. The property selection process required the assessment of various buildings and their existing internal and structural attributes. This information is then…Read More→
AUKUS Biznet Breakfast with Matt Opie
In a recent speech at the Chamber of Commerce BizNet Breakfast in Mount Gambier, Matt Opie, UniSA Space and Defence Director, shed light on the significance of AUKUS for Australia and the unprecedented opportunities it presents for regional businesses. The AUKUS partnership, comprising Australia, the United Kingdom, and the United States, aims to bolster security…Read More→
Video Updates
Why warehouses and sheds are in hot demand
Click below to watch the video Following is the video transcript. With the change in global supply chains, the old norm of just-in-time ordering – placing an order today and receiving the goods tomorrow – has turned into weeks and months of backorders. Many of our commercial clients are now seeking more storage. Retailers are…Read More→
Why rethink a commercial building’s use?
Click below to watch the video Following is the video transcript. 18 months ago we had an 18 per cent vacancy along Mount Gambier’s main street. With two indoor shopping centres, Commercial Street is no longer the retail shopping hub of old. Owners now need to consider how to attract a different type of tenant. …Read More→
Why lease your commercial property before selling?
Click below to watch the video Following is the video transcript. When property buyers consider a commercial asset, they first need to satisfy lenders that their acquisition will be a profitable investment. Most financiers like to see a lease profile of at least two years for a commercial property. A locked-in lease offers a lower…Read More→
How to bring life to shared commercial spaces
Click below to watch the video Following is the video transcript. Herbert Commercial is working with Mount Gambier’s premier heritage site, the former Oatmill complex, now called The Mills, where I am sitting right now. We’ve been securing high-end tenants to suit the quality of the refurbished precinct. Part of the process has been finding…Read More→
Hot commercial sectors: industrial and logistics
Click below to watch the video Following is the video transcript. Commercial property investors are looking to logistics for growth and yield. This sector is expected to be the strongest performing over the next three years. In fact, property experts have forecast an average return of more than 9 per cent. Throughout the pandemic, we…Read More→
Ways to add value to commercial buildings
Click below to watch the video Following is the video transcript. If your commercial property is aged, worn or still configured for a previous tenant, you should consider making it more generic. A blank canvas opens up more possibilities and suits a broader range of business types, adds value and increases income. So, what kind…Read More→
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