The Real Estate Assignment
Added on 2021-04-21
11 Pages3454 Words58 Views
Property Investment 1Property Investment By NameCourseInstructorInstitutionLocationDate
Property Investment 2Table of ContentsIntroduction......................................................................................................................................3Overview of Building One, 195 Wellington Road, Clayton, Victoria in Australia.........................3Analysis of subject property............................................................................................................3Current property market..................................................................................................................5Economic Conditions.......................................................................................................................7Unique issues in relation to property sector and submarket............................................................8Impact of geographic and property issues as investment alternative..............................................8Future trends of property markets in Australia................................................................................8Conclusion.......................................................................................................................................9References........................................................................................................................................9
Property Investment 3Property Investment IntroductionThe purpose of this report is to critically analyze property markets for client on Building One, 195 Wellington Road, Clayton Victoria Australia. Again, the concept of current market analysis at global level as well as in other capital cities in Australia, Melbourne and suburbs in Australia will be examined in the report. Moreover, we will consider economic conditions associated with property markets along with unique issues relating to property and geographical aspects. Finally, the report will consider the impact of geographical and property aspects together with future trends with appropriate rationale. Typically, property market can be defined as the process of buying, selling, and renting of building and land. In that connection, property market analysis for195 Wellington Road, Clayton will be based on the process of selling, buying and renting of buildings and land. Overview of Building One, 195 Wellington Road, Clayton, Victoria in AustraliaThe main purpose of the subject property above is lease agreement. This property has affordable and fully fitted office space that is characterized by three main aspects. First, it offer high qualityfully fitted tenancy. This allows clients to fully enjoy the property. Second, the subject property has on site cafés and conference centre. This provides a unique place where people gather for meetings and other activities. Lastly, the property is characterized by secure underground parking that is well furnished to satisfy clients (Malin & Maidment, 2003). Again, 195 Wellington Road is located within the “Unipark” office precinct. This property allows clients to align themselves with main tenants such as Canon, Beonic and Lockheed Martin. The concept ofproperty market is much related to housing and real estate. Therefore, we can correlate property market to real estate market in terms of market entry and property management. Analysis of Subject PropertyAustralian property markets are invested by different investors all over the continent. This investment platform allows people to invest in different types of property in Australia. They alsoallow clients to access real-time property valuation data in order to determine prices for these properties. Moreover, property markets enable clients to access property and suburb insights that are readily available for sale in property markets within Australia. In order to get a foot into
Property Investment 4property markets to access property such as Building One, 195 Wellington Road, Clayton, Victoria in Australia, the clients are required to have as little as 5% of the property purchase costs (Malin & Maidment, 2003). This enables them to invest so that they can live in their ideal homes.Another analysis in subject property enables clients to build their own property portfolio. This process requires a minimum investment of 1% of property purchase costs. In this case, the client is required to begin to construct a diversified property portfolio from different aspects such as commercial and residential within Australia. In addition, subject property enhances the process of accessing tools and insights from investors with remarkable experience. This process applies anetwork of like-minded investors so as to apply the available toolkit and platform necessary for property selection (Marshall, 2013). Again, the process enables property management to attract as many clients as possible. The process of acquiring property in the market involves four main steps. The first phase involves finding the property. The client is required to find the property available in the market that satisfy his or her demands. This process involves comparative analysis of different types of properties so as to come up with the best property that correspond to client’s financial capacity. The second phase involves buying the property. The market ensures that each property is subdivided into 100 block. The client is allowed to but one or more blocks in orders to cumulate the required property (Marshall, 2013). The third phase involves management of property boughtby the client. The management process involves safe keeping of rental income and capital returnsthat are generated by the property. The last phase involves maturity period. This period is estimated to be 5 years where property owner can vote to sell or keep the property.Property market analysis for clients on 195 Wellington Road, Clayton VIC is based on high performing investment in Australia. According to JLL’s Metropolitan Sales Team, 195 Wellington Road, Clayton VIC is truly an extraordinary opportunity to clients whose main agenda is to invest in property markets. The clients are attracted by certain features of 195 Wellington Road, Clayton VIC. Some of attractive features of this property include; modernized four level office building that was constructed in 2008. This building is approximately 4239 square meters and has carrying capacity of 207 car packing space. Again, 195 Wellington Road, Clayton VIC is leased to high profile tenants such as CSRIO and Canon. The full rental costs are
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