Commercial Rentals

Commercial Rentals

When it comes to operating a business, one of the most important decisions you'll have to make is whether to rent or buy commercial space. While buying property may seem like a good long-term investment, there are many benefits to renting commercial space that shouldn't be overlooked.

First and foremost, renting commercial space provides flexibility. If your business is just starting out or going through a period of growth, you may not want to commit to a specific location for an extended period of time. Renting allows you to easily relocate or expand as needed without the hassle of selling property.

Additionally, renting commercial space can be more cost-effective in the short term. Purchasing property often requires a large upfront investment and ongoing maintenance costs. Renting, on the other hand, typically involves lower initial expenses and allows you to budget more effectively for your monthly lease payments.

Another advantage of renting commercial space is access to amenities and services that may not be feasible for small businesses to provide on their own. Many rental properties offer shared facilities such as conference rooms, parking lots, and security services that can help enhance your business operations without the added expense.

Furthermore, renting commercial space can also provide networking opportunities with other businesses in the same building or complex. Building relationships with neighboring companies can lead to collaborations, referrals, and potential partnerships that can benefit your business in the long run.

In conclusion, while buying commercial property has its advantages, renting offers flexibility, cost-effectiveness, access to amenities, and networking opportunities that shouldn't be overlooked. Ultimately, the decision between renting and buying will depend on your specific business needs and goals.

Residential Land

Key Considerations When Leasing Commercial Rentals —

Leasing a commercial property is a critical decision for businesses, as the right space can support growth and productivity while the wrong choice can hinder operations. Understanding key considerations before signing a lease is essential to ensure the property aligns with your business goals.

Location is one of the most important factors. A strategic location can influence customer accessibility, employee convenience, and overall business visibility. Retail businesses, for example, benefit from high-traffic areas, while office spaces thrive in business districts with ample amenities nearby. Evaluate whether the property’s location supports your target audience and operational needs.

The lease terms are another crucial element. Commercial leases often have longer durations than residential ones, and the terms can vary significantly. Pay close attention to rent escalations, renewal options, and any additional costs such as maintenance fees or property taxes. Negotiating favorable terms upfront can save your business money over the long term.

Assess the condition and suitability of the property. Consider whether the space meets your business’s current requirements and has room for growth. Evaluate the layout, infrastructure, and any necessary modifications to ensure the property is functional and efficient for your operations.

Understanding zoning regulations is also vital. Zoning laws determine how the property can be used, so ensure your business activities comply with local rules. If you’re planning renovations, confirm that the lease allows alterations and check for any restrictions on structural changes.

Finally, factor in future flexibility. While a property may be perfect now, business needs can change over time. A lease with flexible terms or options to expand can help accommodate your growth without the need for relocation.

By thoroughly evaluating these considerations, you can choose a commercial rental that supports your business and provides a strong foundation for success.

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Howrah
HobartTasmania
Howrah is located in Hobart
Howrah
Howrah
 
Map
Coordinates 42°53′19″S 147°24′20″E / 42.88861°S 147.40556°E / -42.88861; 147.40556
Population 9,545 (2021 census)[1]
Postcode(s) 7018
Location
LGA(s) Clarence
Region Hobart
State electorate(s) Franklin
Federal division(s) Franklin
Suburbs around Howrah:
Bellerive Mornington Mount Rumney
Derwent River Howrah Rokeby
Derwent River Tranmere Rokeby
 

Howrah is a residential locality in the local government area (LGA) of Clarence in the south-east region of Tasmania. The locality is about 5 kilometres (3.1 mi) south-east of the town of Rosny Park. The 2021 Census recorded a population of 9,545 for the suburb of Howrah.[1] It is a suburb of the City of Clarence. It is east of Bellerive and north of Tranmere.

Howrah is a beachside suburb, with views across the Derwent River to Hobart City from Howrah Beach. Clarence Street runs through the centre of the suburb separating the hillside section from the beachside.

Howrah has a number of parks including Wentworth Park, which is one of the key sport (such as soccer, field hockey and touch football) and recreation areas on the Eastern Shore.

Clarence High School is generally thought to be in Howrah, due to it being located east of Wentworth Street, however it is in Bellerive. Howrah has a primary school.[2]

Shoreline Plaza is the largest shopping centre in Howrah.

History

[edit]

Howrah was named after Howrah House, a property established in the 1830s on Clarence Plains by a retired Indian Army officer who took the name from a place of the same name near Calcutta.[3]

Dora Isabel Baudinet died in 1945[4] leaving 10 acres and her assets to found the Tasmanian Sunshine Centre in Howrah in 1951. The home offered holidays to less privileged children until 1980.[5]

Howrah was gazetted as a locality in 1963.[6]

Geography

[edit]

The waters of the River Derwent form the south-western boundary.[7]

Road infrastructure

[edit]

Route B33 (South Arm Highway) runs through from north-west to east.[6][8]

References

[edit]
  1. ^ a b "2021 Census Quick Stats Howrah (Tas.)". quickstats.censusdata.abs.gov.au. Australian Bureau of Statistics. Retrieved 10 January 2023.
  2. ^ http://www.howrah.tased.edu.au Archived 20 March 2005 at the Wayback Machine Howrah Primary.
  3. ^ "City of Clarence: Suburban History". City of Clarence. Archived from the original on 14 April 2014. Retrieved 9 April 2014.
  4. ^ Rand, A., "Dora Isabel Baudinet (1883–1945)", Australian Dictionary of Biography, Canberra: National Centre of Biography, Australian National University, retrieved 7 November 2023
  5. ^ "Sunshine Association History". sunshine. Retrieved 7 November 2023.
  6. ^ a b "Placenames Tasmania – Howrah". Placenames Tasmania. Select "Search", enter "19041W", click "Search", select row, map is displayed, click "Details". Retrieved 2 April 2021.
  7. ^ "Howrah, Tasmania" (Map). Google Maps. Retrieved 2 April 2021.
  8. ^ "Tasmanian Road Route Codes" (PDF). Department of Primary Industries, Parks, Water & Environment. May 2017. Archived from the original (PDF) on 1 August 2017. Retrieved 2 April 2021.

 

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Reviews for Nest Property: Real Estate Agents & Property Management Hobart


Nest Property: Real Estate Agents & Property Management Hobart

Daniel Sward

(5)

I have engaged Nest to manage my rental property since around 2009. Being a landlord that is living outside of Tasmania, it's very important that I have a great relationship with the company, and importantly with the property manager who looks after the house. I'm pleased to say that I have always had great relationships with staff at Nest Property. Since becoming my property manager, my current property Elise Holbrook has been fantastic to deal with. I have found her responsiveness and professionalism to be excellent and this has resulted in continued peace of mind that my property is being looked after well, and most importantly, my tenants are happy and comfortable, and their needs are met in a timely and efficient manner. I have no hesitation in recommending Elise Holbrook from Nest to manage your rental property.

Nest Property: Real Estate Agents & Property Management Hobart

Carl Kendall

(5)

Elise and the team at Nest Property did an excellent and thorough job arranging commencement of tenancy. They were available to answer my questions and provided clear instructions while working through the tenancy process. I am happy to recommend Nest to investors looking for a managing agent in southern Tasmania or to potential tenants seeking properties available for lease.

Nest Property: Real Estate Agents & Property Management Hobart

Anu Thamboo

(5)

Nest Property and Property Portfolio Manager Karly Jeffery have been absolutely amazing with managing our investment property. They have always been great with the regular business of managing our property and keeping us informed, but Karly really shone when our tenant stopped paying rent and damaged parts of the property before leaving. Karly filed police reports, kept liaising with the tenant to get some payments, took care of fixing all the damages and spent months wrestling with 2 insurance companies and got a great outcome for us in the end. Her professionalism, diligence and tenacity are a testament to the quality of Nest Property and to what a great property manager she is. We are very happy and grateful!

Nest Property: Real Estate Agents & Property Management Hobart

Sebastian Plazas

(5)

I recently rented an apartment with the help of Elise, and the experience was fantastic! Elise was incredibly professional, responsive, and attentive to my needs. She made the entire process smooth and stress-free. Her knowledge of the market and attention to detail ensured I found the perfect place. Elise was always available to answer my questions and provided valuable advice along the way. I highly recommend Nest to anyone looking for a new home. Thank you for your outstanding service!

Nest Property: Real Estate Agents & Property Management Hobart

Tina Harris

(5)

Meleah Oates is THE most amazing property manager. She has gone out of her way to help us remotely manage my mothers house. From helping us book trades, to stylists, her attention to detail has been incredible. I have never worked with a property manager as professional and genuine before. It's very refreshing:) Can't recommend her enough.

Frequently Asked Questions

Yes, it is possible to negotiate the rent or terms of a commercial rental agreement with the landlord or property manager in Howrah.