MELBOURNE - Is it time to look into commercial investments? The importance of remaining educated in a fluctuating market - Xynergy Realty
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PROPRIETAS
MELBOURNE
Is it time to look into
commercial investments?
The importance of remaining
educated in a fluctuating market
ISSUE
59
XYNERGY PROPERTY CATALOGUE
WINTER 2019
TABLE OF CONTENTS 5. Recent Xynergy Events 7. Exclusive to Xynergy Realty 8. Properties for Sale 12. Commercial Investments Article 13. Recently Sold Properties 15. Remaining Educated in Real Estate Article 16. Upcoming Events 19. Client Testimonials
Editor-In-Chief
from the
Jeffrey Koby
Co-Editor
editor Kial Jarred & Anissa Shah
Design
Steven Siu
Welcome to the 59 th edition of Proprietas.
Winter is here time to rug up and keep warm in these shorter chilly days. While the cold may
slow down other real estate companies it doesn't stop Xynergy from scorching the competition.
If you are passionate about real estate this content packed edition of Proprietas is for you.
In this edition of Proprietas, the Xynergy Commercial team sheds some light in explaining how
the real estate trend may have a potential to shift to commercial investments, as well as
detailing the different types of commercial property and which one would suit you. In the last
few months we have been hard-pressed to avoid all the confusing doom and gloom stories
about the property market, thankfully, our Sales Manager Lisa explains how to remain
educated in a fluctuating market. As residential market softening in Melbourne the commercial
market is continuing to grow strong.
Although at a broad level dwelling values are still trending lower across the regions of Australia,
the pace of declines eased further in May, continuing a trend that has been evident since the
beginning of 2019. Nationally, dwelling values were down 0.4% in May, which was the smallest
month-on-month decline since May 2018. Good news for first home buyers as Australia’s
average housing affordability is the best it has been since 2016 with property in some cities and
regions the most attainable it has been in decades, according to new ANZ-CoreLogic research.
Even though the property market has slowed, Xynergy's Sales team hasn't. In this edition, you
will find our recent sales and glowing reviews from the vendors. Also, we have highlighted
many of our exciting new property listings exclusive to Xynergy. Lastly, be sure to check what
events are coming up this quarter!
Enjoy reading!
OUR SERVICES
SALES PROPERTY MANAGEMENT
Throughout the sales process, you will reap the benefits of Our company distinguishes itself from other real estates
our powerful combination of experience and talent, organisations through our:
evidenced by the distinctive way in which we handle each
and every aspects of your sale campaign. • Understanding that your real estate investment is one
of your most valuable assets and should be treated as
Some of the many benefits you will receive through working such through care by experienced professionals
with Xynergy are:
• The multilingual property management team who are
• A talented team of associates who can tailor the selling committed to achieving high-performance levels
approach to your unique requirements • Thoughtful, targeted application of proven real estate
• Creativity, the ability to adapt, and passion for and marketing strategies for your property
real estate
An integrated network of qualified, motivated
• Ability to meet and exceed your goals
clientele and high-quality service providers
• Strategic negotiation abilities
Diverse landlord benefits that include a dedicated
With the large number of properties that Xynergy manage leasing team, fast response time (within 24 hours),
across Melbourne, we are able to offer a wide range of unrivaled CRM technology and a competitive
property selections to suit your different needs. management rate
RENTAL
Renting through Xynergy is really easy and efficient. To
submit your interest, all you need to do is to come into one
of our open inspections and fill up an application form.
Our team will help you do the rest, such as helpin you set up
utility connection and rent payment, as well as attending
your maintenance requests.
RECENT XYNERGY EVENTS
Indonesian Satay Festival 2019
Xynergy Realty Oakleigh displayed a stall at the 2019 Indonesian Stay Festival displaying our current
projects. Approximately 300 people attended the event celebrating Indonesian Culture and Cuisine.
During the event, there were performances by various Indonesian bands, speeches from the
Indonesian Consulate General, and from the City of Whitehorse.
Berkeley Group UK Projects Showcase
Xynergy Realty is working in collaboration with Berkeley Group to promote their apartment
developments in the United Kingdom. The event comprised of a short networking session and
continued to a spectacular presentation led by the Berkley Group. There was also a quiz at the end of
the presentation with exciting prizes to be given away to the winners.
Xynergy Property Catalogue 5
RECENT XYNERGY EVENTS
Docklands & Normanby Residences Display Suite Showcase
Xynergy Realty Oakleigh and Capital Alliance hosted an open house to display their projects to
Xynergy clients. The Senior Development Manager of Capital Alliance gave a short talk summering
both developments and the architect from DKO gave a short speech as well. Free food and drinks
were served, and clients and door prizes were given out at the end of the event.
Australian Property Expo 2019
st
The 21 Australian Property Expo,
organised by First Media, held at the
Melbourne Convention & Exhibition
Centre on 25-26 May was the largest
Property Expo ever held in Melbourne.
It focused on some of the major
developments locally from Melbourne,
interstate, and international
developments such as Indonesia,
Philippines, Dubai, and UK.
The expo also included 30+ investment
seminars of high profile speakers as
well as general Investment Outlook.
Xynergy Realty Oakleigh had a booth
focusing mainly on our real estate
services.
6 Xynergy Property Catalogue
EXCLUSIVE TO XYNERGY REALTY
LE
R SA
FO FOR SALE
Artist Impression
Last Opportunity!
A Stunning Architecturally-Designed Home in Mount Waverley
3 Leeds Road, Townhouse | 4 3 2
Mount Waverley
With luxury finishes, astounding interiors, and an expansive floorplan, this fine example of modern elegance is sure to
impress.
This stunning four bedroom residence boasts beautiful timber flooring throughout with luxury carpeting in the bedrooms.
Natural lighting effortlessly spreads through the open plan living dining spaces. An ensuite and walk-in-robe are available in
the master bedroom, providing convenience an comfort. Elegant windows re-enforce the natural light flow throughout the
entire home, while LED Dawn lighting maintains a warm, welcoming environment.
Finish your cookbook in the smart and contemporary kitchen area, which comes complete with high-end stainless steel
appliances, four gas cooktops as well as marble benchtops that creates a sense of luxury. With a double garage, ducted heating
and reverse cycle air condition, this property best portray what a dream home should be.
Located in the heart of Mount Waverley school zone, access to top tier education will be a breeze. Mount Waverley North
Primary School and Secondary School are just a few minutes away, while other amazing amenities such as parks, local shops,
public transport are all easily accessible as well.
Xynergy Property Catalogue 7
PROPERTIES FOR SALE
3 Weber Crescent, Burwood East 1/103 Plumpton Avenue, Glenroy
3 2 2 2 2 1
Angie Gao 0478 194 168
Angie Gao 0478 194 168
William Wang 0410 515 168
2/214 Lygon Street, Brunswick East 107/20 Poplar Street, Box Hill
2 1 1 2 1 1
Angie Gao 0478 194 168 Angie Gao 0478 194 168
William Wang 0410 515 168 William Wang 0410 515 168
3004/36 La Trobe Street, Melbourne 1010/35 Malcolm Street, South Yarra
2 1 2 1 1
Angie Gao 0478 194 168
William Wang 0410 515 168
William Wang 0410 515 168
8 Xynergy Property Catalogue
PROPERTIES FOR SALE
15 Sully Court, Diggers Rest 9 Ryecroft Court, Noble Park North
4 2 2 3 1 1
Candy Subrata 0414 046 168 Lisa Suryawan 0450 540 168
Candy Subrata 0414 046 168
101/95 Wilcox Street, Preston 103/3 Sandbelt Close, Heatherton
2 1 1 2 1 1
Candy Subrata 0414 046 168 Candy Subrata 0414 046 168
211/220 Commercial Road, Prahran 208/70 Nicholson Street, Fitzroy
1 1 1 1
George Manolas 0451 141 168 George Manolas 0451 141 168
Xynergy Property Catalogue 9
PROPERTIES FOR SALE
2 Killara Close, Cowes 12/34 Bowen Road, Doncaster East
4 2 2 3 2 2
William Wang 0410 515 168 William Wang 0410 515 168
4007/8 Sutherland Street, Melbourne 308/20 Coromandel Place, Melbourne
2 2 2 1
Lisa Suryawan 0450 540 168
William Wang 0410 515 168
William Wang 0410 515 168
1105/22 Dorcas Street, Southbank A107/59 Autumn Terrace, Clayton South
2 2 1 1 1 1
Lisa Suryawan 0450 540 168
William Wang 0410 515 168
William Wang 0410 515 168
10 Xynergy Property CataloguePROPERTIES FOR SALE
206/99 Dow Street, Port Melbourne 1&2/272 Warrigal Road, Oakleigh South
1 1 1 4 3 2
William Wang 0410 515 168 Lisa Suryawan 0450 540 168
William Wang 0410 515 168
12/545 McDonalds Road, South Morang 307/434 St Kilda Road, Melbourne
Office | 103 m² Office | 63 m²
Craig Corby 0433 587 168 Craig Corby 0433 587 168
FOLLOW US ON SOCIAL MEDIA
South Yarra Office Oakleigh Office Altona Office
www.facebook.com/xynergyrealty www.facebook.com/xynergyoakleigh www.facebook.com/xynergyaltona
@xynergyrealty @xynergyrealtyoakleigh @xynergyrealtyaltona
xynergy realty
Xynergy Property Catalogue 11Is it time to look into commercial
investments?
With residential property in Melbourne having Retail
nothing but negative headlines for the past few Retail stores include everything from
months maybe it is time to look into commercial supermarkets, dry cleaners, cafes, fashion stores
real estate. and so on. Unlike residential leases, retail leases are
usually signed for at lease five years. This gives the
We have seen over the last 18 months residential tenants time to establish their business and offers
property prices around our city fall. However landlords rental security. The most successful retail
commercial real estate is continuing to grow hubs are located in areas with high population
steadily and investment from overseas buyers growth and plenty of affluent young adults and
remains strong. families. Before doing your own detailed research
into demographic hotspots, take a look at where
Low interest rates and falling value of the the retail giants are opening their new stores.
Australian dollar are certainly among the reasons
for the increase of offshore investment in Industrial
Melbourne commercial real estate. Higher global Industrial property can be small single or double
demand for Australian commercial property means story buildings that are zoned for industrial use.
more competition for the scarce assets, which is They are usually a mix of office and warehouse
driving prices up fast. Melbourne’s CBD also has the space used by small business’s ranging from
lowest office vacancy of all Australian CBDs at 3.2 mechanics to start ups. A large industrial property
per cent dropping from 3.6 per cent, which was includes large and medium size factories and
already a 10-year low for the city. Industrial warehouses that are used for manufacturing or
property capital values in Melbourne surged by 20 storage of store goods. On the larger end, you have
per cent in the three years to December 2018, with big box industrial sites. These are used for logistic
14 per cent of that growth occurring after 2016. Net and distribution centres that can hold then send
face rents edged up 8 per cent during that time out finished goods to stores for customers like
also. Amazon.
At Xynergy Commercial, we have seen many Industrial spaces are enjoying low vacancy rates at
developers scrap their plans to build residential the moment down to 2.5% in Melbourne, making
developments to either mixed use commercial and them very popular with investors. Proximity to
residential or to a commercial only development. A major transport infrastructure – roads, rail, ports
common trend we are seeing in Melbourne is the and airports – is the key to a smart industrial
growing number mixed residential and hotel property acquisition.
projects as developers are struggling to sell such a
large number of residential units.
Office
An office space can be found in single buildings,
While purchasing commercial property is quite
business parks and big CBD office towers. Office’s
similar to purchasing residential properties, renting
require desks space, meeting rooms and facilities
and leasing out are two totally different
including kitchens and toilets.
experiences.
For one, the demand for commercial properties
There’s quite a list of things to consider when it
could be less than that of residential properties
comes to investing in office space. Everything from
given that everyone needs a roof over their head
available natural light to on-site car parking will
but not everyone is looking for an office space or
make a difference to how popular your investment
warehouse to run their business. Due to the nature
is with tenants.
of the demand, it creates a natural delay which
As with any type of investments, it is recommended
causes the leasing turnover for commercial
to seek help from an expert if you have any
properties to be generally longer than residential.
questions regarding any aspect of commercial real
The commercial property market is incredibly
estate. Our experienced consultants at Xynergy
diverse, and it can be hard to compare apples with
Commercial have the knowledge and skills to be
apples when selecting a high performing
able to make your commercial real estate journey
investment to add to your portfolio. If commercial
smooth and easy.
real estate is a good choice which one is right for
Contact Xynergy Commercial today!
you?
12 Xynergy Property CatalogueRECENTLY SOLD PROPERTIES
D D D
SOL SOL SOL
1906/27 Little Collins Street, 28 Belmont Road, Glen Waverley 2/4 Morrison Street, Clayton
Melbourne
4 3 2 3 3 1
2 2
D D D
SOL SOL SOL
74 Solitude Crescent, Point Cook 2/40 Chifley Avenue, Altona 219 James Melrose Drive, Brookfield
4 2 2 1 1 1 4 2 3
D D D
SOL SOL SOL
429/35 Malcolm Street, South Yarra 59 Saxony Drive, Epping 1 Garton Court, Mulgrave
2 1 1 2 2 2 4 2 2
D D D
SOL SOL SOL
2/2 Duggan Street, Brunswick West 106/79 Market Street, A201/59 Autumn Terrace,
South Melbourne Clayton South
2 1 1 2 1 1 1 1 1
Xynergy Property Catalogue 13RECENTLY SOLD PROPERTIES
D D
SOL SOL SOL
D
801/67-71 Stead Street, B604/10-16 Trenerry Crescent, 3202/45 Clarke Street, Southbank
South Melbourne Abbotsford
1 1 1 1 1 1 2 1
D D D
SOL SOL SOL
507/54-60 Nott Street, Port Melbourne 12/361 Church Street, Richmond 4/6 Eldridge Street, Footscray
2 1 1 2 1 1 2 1 1
D D
SOL SOL
D SOL
522/35 Malcolm Street, South Yarra 1/151-155 Burwood Road, Hawthorn 308/118 Dudley Street,
West Melbourne
2 1 1 1 1 1 2 1 1
D
SOL SOL
D
SOL
D
211/99 Nott Street, Port Melbourne 109/99 Nott Street, Port Melbourne 402/53 Batman Street,
West Melbourne
1 1 1 1 1 1 1 1
14 Xynergy Property CatalogueThe importance of remaining educated
in a fluctuating market
Following the high profile exit of Purple Bricks Open and honest dialogue
from Australia and the widely publicised
Whether you’ve been in the industry for many
housing market downturn, it begs the question
years or only joined recently, you will quickly
as to how real estate agents can successfully
learn that not being able to explain legislative
conduct business in Melbourne’s fluctuating
changes will largely work against you.
real estate industry.
Clients want an educated agent who can
There have not been any significant changes to
explain to them what is happening in the
the job description but rather, it is the industry
changing market and how it might affect their
itself that has shifted to adapt to new
property and long term outlooks based on
technology and updated legislation. In order to
events like elections, rate cuts, lending
remain relevant, agents must always move
restrictions and new policies potentially set to
with the times, but our core job still remains
come into effect, such as the government
the same in terms of how we transact real
guaranteeing a 5 percent deposit for first
estate and help customers with one of the
home buyers.
biggest financial decisions of their life.
If any events have an effect on the client,
In the past decade, the landscape has evolved
positive or negative, there needs to be open
drastically and as we navigate through a
and honest communication between both
cooling market, agents are held more
parties; dishonesty or providing any false
accountable than ever before for their actions.
information will only harm this relationship.
When the market was thriving, agents could
almost get away with not offering a high level
of service but as demand weakens and buyers
Use technology to your advantage
vacate the market, a high level of customer Real estate agents need to be open to learning
service is paramount in order to generate about new ways of marketing homes and
sales. But even with these changes, there are reaching current or prospective clients
key steps agents can take to prevail in the because although technology can be daunting,
current landscape. it can provide creative and exciting
opportunities that may not have been there
Stay educated on the current housing before.
market trends
Keeping on top of the current housing trends One example is social media, which today is an
might seem like basic advice but as an agent, it important marketing tool for agents
is crucial to consistently monitor the market as everywhere. Not only does it showcase
you need to be able to assist clients to make positive results achieved, but it will also reveal
successful decisions. Not having this the negative. Therefore it keeps agents
knowledge can be detrimental to building accountable as there is nowhere to hide
trust, as clients are typically looking to you for should you deliver poor service, with online
guidance in leading them down the right path. reviews visible for the world to see. This can
also reflect poorly on the overall agency.
Things to be particularly knowledgeable on
include the proposed changes to negative By combining high-quality customer service
gearing and tax changes to property gains, as with up-to-date knowledge and honest and
many buyers are biding their time to wait and open communication on the current state of
see what eventuates from the recent election. the market, you’re putting not only yourself,
By addressing these concerns early on, you can but your agency in good stead to weather the
assure buyers they are not buying in a falling current market storm.
market.
Xynergy Property Catalogue 15Upcoming Events
• Run Melbourne
Location: Birrarung Marr
Date: 28 July, 2019
Embrace the challenge with a community of thousands by
your side, pushing you beyond what you ever imagined
was possible. Embrace the sights and sounds of our city
and experience a feeling like no other when you cross the
finish line and earn that bling!
Source: www.melbournejazz.com
• Harry Potter and the Order of the Pheonix
in Concert
Location: Hamer Hall, Melbourne
Date: 15 - 17 Aug, 2019
Relive the magic with Harry Potter and the Order of the
Phoenix™ displayed on a giant screen in high-definition
and accompanied by the Melbourne Symphony Orchestra.
Source: www.njpac.org
• Hugh Jackman World Tour
Location: Rod Laver Arena
Date: 16 Aug, 2019
The MAN. The Music. The Show World Tour is coming to
Australia this year for six huge shows from 16 to 27
August, with a special performance by Keala Settle.
Source: www.hughjackmantheshow.com
• Melbourne Bridal Festival
Location: Royal Exhibition Building, 9 Nicholson Street
Date: 17 Aug, 2019
Explore over 200 incredible displays from Australia's most
prestigous and fully accredited wedding suppliers, be
inspired by our new style Fashion Parades and enter our
Grand Prize Draw, giving you the chance to win more than
$95,000 in prizes!
Source: www.eventbrite.com.au
• White Night Melbourne
Location: Melbourne
Date: 22 - 24 Aug, 2019
Victoria’s biggest all-night light festival is moving to winter
for the first time, The move is expected to entice tourists
and big-name artists keen to make the most of the longer
winter nights for light and art installations.
Source: www.ludlowbar.com.au
16
15 Xynergy Property CatalogueUpcoming Events
• Melbourne Fashion Week
Location: Various venues, Melbourne, Victoria
Date: 28 Aug - 5 Sept, 2019
The hallmark consumer fashion event of the season, M/FW
presents spring/summer ready-to-wear collections and
creatively showcases Melbourne as an iconic destination
for fashion, retail, design and hospitality.
Source: www.afccurated.com
• Royal Melbourne Oktoberfest 2019
Location: Royal Exhibition Building, 9 Nicholson Street
Date: 21 Sept, 2019
Taking place at the REB, this incredible heritage listed
building rivals the great Bavarian beer halls of Germany
and will play host to the most traditional Oktoberfest
event Melbourne has seen with German oompah bands
folk dancing on-stage competitions and an atmosphere
that is guaranteed to be electric.
Source: www.facebook.com/RMOktoberfest/
• AFL Grand Final Week 2019
Location: Melbourne Cricket Ground
Date: 21- 28 Sept, 2019
In the lead up to the Australian Football League Grand
Final on Saturday 28th September 2019 (TBC), catch all the
footy fever during AFL Grand Final Week.
Source: www.afl.com.au
• Royal Melbourne Show
Location: Melbourne Showgrounds, Epsom Rd,
Ascot Vale
Date: 21 Sept - 1 Oct, 2019
The Unforgettable Royal Melbourne Show! Get up close to
animals, enjoy tantalising tastes and world-class
entertainment and so much more!
Source: www.royalshow.com.au
• Australian Burlesque Festival 2019
Location: Wonderland Junior, 101 Waterfront Way,
Docklands
Date: 26 - 28 Sept, 2019
The biggest celebration of burlesque in the Southern
Hemisphere. If you are going to one burlesque event this
year make it this one!
Source: www.australianburlesquefest.com
Xynergy Property Catalogue 17Meet Our Dedicated Team
South Yarra
Rebekah Singh Lisa Suryawan Alisha Lin George Manolas
Senior Property Manager Senior Property Manager Property Sales Consultant
Sales Manager
0431 636 250 0433 808 168
0450 540 168 0451 141 168
rebekah.singh@xynergy.com.au alisha.lin@xynergy.com.au
lisa.s@xynergy.com.au george.manolas@xynergy.com.au
Angie Gao William Wang Jye Yih Lee Chris Sun
Property Sales Consultant Property Sales Consultant Property Manager Property Manager
0478 194 168 0410 515 168 0433 568 468 0424 814 168
angie.gao@xynergy.com.au william.w@xynergy.com.au jyeyih.lee@xynergy.com.au chris.sun@xynergy.com.au
Serena Kim Kelly Min
Property Manager Assistant Property Manager
0422 785 311 0478 136 102
serena.kim@xynergy.com.au kelly.min@xynergy.com.au
Oakleigh
Kelvin Xiao Virlia Sandra Kai Zhong Teresa Ly
Property Manager Property Manager Property Manager Property Manager
0451 475 168 0404 697 978 0405 688 168 0452 345 168
kelvin@xynergy.com.au virlia.sandra@xynergy.com.au kai.zhong@xynergy.com.au teresa@xynergy.com.au
Natasha Wijaya Candy Subrata
Assistant Property Manager Property Sales Consultant
0431 126 406 0425 455 570
rental.oakleigh@xynergy.com.au candy.subrata@xynergy.com.au
Altona
Jason Tan Endru Yao Nelson Menezes Kris Nagra
Property Manager Trust Account Officer Property Sales Consultant Property Sales Consultant
0488 863 374 0414 241 168 0432 234 377 0430 114 054
jason.tan@xynergy.com.au endru@xynergy.com.au nelson.m@xynergy.com.au sales1@xynergy.com.au
Melbourne
Craig Corby Arfa Tandribali
Leasing/Sales Manager Property Manager
0433 587 168 0451 008 168
craig.corby@xynergycommercial.com.au arfa.t@xynergy.com.auCLIENT TESTIMONIALS
What our clients say about us...
“As a landlord, I am extremely happy and satisfied with Chris Sun and Dennis Ho, They are highly
intelligent, very helpful and professional. I will not hesitate to recommend Xynergy to anyone.”
- Adam Liu, Landlord -
“Highly recommend Xynergy Realty. Great and prompt service, very professional and caring. Thank
you for your excellent work Jyeyih Lee and Serena Kim. You are very efficient, I strongly recommend
Jyeyih Lee and Serena Kim.”
- Marjan Ganjoori -
“Highly recommended this real estate agent especially my property manager - Endru who has been
very helpful and supportive since the beginning of our leasing!”
- Janice Phung -
“Dealing with Xynergy Oakleigh, and especially my property manager Kelvin, has been a great
experience. I would not hesitate to rent again through this company!”
- Kate Yarwood, Tenant -
“Could say this is one of the best agents I have ever met. Kai responded to my email right the way
and the tradesman came to fix the air con real quick.”
- Jovan Cai, Landlord -
“Professional, respectful, speedy process , I can’t recommend these guys more, from the receptionist
to the property managers will make your move like an easy breeze , if u are in a hunt for a new
property contact them and you will notice the difference”
- Amir Breich, Buyer -
“ADORE THE TEAM. - they made my move from the Gold Coast so easy and now we rent two
properties from them!! they make everything so simple, we have no issues with any concerns and if
we have any maintenance issues they repair within an appropriate time frame! i cant recommend
them enough to friends and family!! Such a great example of good agents!”
- Bre White, Tenant -
For more positive reviews please visit Xynergy Realty South Yarra and Oakleigh’s
Rate My Agent Page.
1commercial
South Yarra Office Oakleigh Office Altona Office Melbourne Office
25 Malcolm Street 19 Station Street 114-116 Queen Street Suite 411/434 St Kilda Road
South Yarra, VIC 3141 Oakleigh, VIC 3166 Altona, VIC 3018 Melbourne, VIC 3004
1300 884 168 03 9017 5881 03 9398 8400 03 9676 9411
1300 884 138 03 9563 3127 1300 884 138 03 9676 9422
info@xynergy.com.au info.oakleigh@xynergy.com.au info.altona@xynergy.com.au info.melbourne@xynergy.com.au
Published by © Xynergy Pty Ltd 2019 All rights reserved. The information contained herein has been supplied to us and is to be used as a guide only. No information in these
particulars herein are for general information only and do not constitute representation by the owner, vendor, agent or representatives.You can also read
