FAQs

General Information

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Where does Ross Scarfone Real Estate operate?

Ross Scarfone Real Estate provides commercial and industrial real estate services in the south-eastern areas of the Perth Metropolitan area, namely the following suburbs:

Ross Scarfone Real Estate was founded in 1988 and has been operated by three generations of the Scarfone family. Find out more about us.

Ross Scarfone can assist you with all aspects of commercial and industrial sales, leasing, property management, valuations, investment and development.

We sure can! Ross Scarfone Real Estate has been helping property investors identify and acquire high-return commercial properties around Perth’s south-east for over 30 years. Our vast network, industry experience, and market research gives us an advantage over other commercial real estate agents in the area.

Get in touch with us today and discuss your property investment goals with us.

Each listing on this website features the contact details of the dedicated agent for that property. Feel free to contact that agent directly, or contact us here to discuss other site visiting requirements.

We welcome you to fill out a contact form, otherwise feel free to email us at mail@rossscarfone.com.au or give us a ring on (08) 9277 6677 on weekdays between 8:30am and 5pm.

FAQs

Commercial Property Sales

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Where does Ross Scarfone specialise in commercial property sales?

Ross Scarfone Real Estate’s expertise is catered towards the many commercial real estate zones in Perth’s south-east, including but not limited to:

Perth is home to a variety of commercial property types, though some suburbs are zoned or planned differently, creating hotspots for certain property types.

Generally, Perth is popular for multi-level and small office buildings, especially in the suburbs of Burswood, Ascot, Kewdale, Belmont, and Welshpool. Other suburbs are particularly popular for warehouses and industrial properties, such as Kewdale and Welshpool. Cannington, Victoria Park, and Welshpool also feature a prominent retail market.

Overall, the city has a diverse variety of commercial and industrial property types, including offices, warehouses, factories, retail shopfronts, and medical facilities.

Some of the suburbs that see the most sales for commercial properties are

Burswood: An up-and-coming commercial area with significant investment in infrastructure, including the Crown Casino, Optus Stadium, and new residential developments.

East Victoria Park: Is a growing commercial area with a mix of retail, office, and hospitality spaces, attracting a range of businesses and investors.

Belmont: Is a well-established commercial area that is home to several industrial and office spaces, making it a popular destination for businesses in the transport and logistics sectors.

Kewdale: A dedicated commercial and industrial zone featuring many big company offices and warehouses.

Other: Suburbs such as Ascot, Welshpool, Wangara, Malaga, Balcatta, Jandakot, and Cockburn Central are also busy commercial areas.

We sure can! Ross Scarfone Real Estate has been helping property investors identify and acquire high-return commercial properties around Perth’s south-east for over 30 years. Our vast network, industry experience, and market research gives us an advantage over other commercial real estate agents in the area.

Get in touch with us today and discuss your property investment goals with us.

FAQs

Commercial Property Leasing

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What is a commercial lease?

A commercial lease is a legal agreement between a landlord and a tenant for the rental of a commercial property. Commercial properties include office buildings, retail stores, warehouses, industrial facilities, and other non-residential buildings. Commercial leases are generally more complex than residential leases due to the unique nature of commercial properties and the needs of commercial tenants.

Outgoings are expenses incurred by the landlord in relation to the commercial property that are passed on to the tenant as part of the rental agreement. These expenses may include property taxes, building insurance, maintenance, utilities, and management fees.

Outgoings on commercial rental properties are an additional cost to the tenant on top of the base rent, so it’s important to factor this in when in the market for a commercial property for lease.

Learn more about the outgoings on commercial properties with our tenant’s guide, otherwise, get in touch with us for more information.

First, understand your business needs and share these with a commercial leasing agent such as Ross Scarfone Real Estate. We will then research the market and identify potential issues with your property, before recommending and negotiating a lease term.

Then we can review the other terms being outlined and negotiate on your behalf to get the best possible deal.

Learn more about negotiating a commercial lease or get in touch with us today.

Commercial leasing in Perth is often a rewarding endeavour if you can identify the best zones. Some commercial zones are dedicated to certain industries, so ensure you’re looking in the right direction.

Some of the suburbs that see the most commercial leasing activities are

Welshpool: An established suburb with excellent commercial opportunities and plenty of handy transport routes.

East Victoria Park: Is a growing commercial area with a mix of retail, office, and hospitality spaces, attracting a range of businesses and investors.

Belmont: Is a well-established commercial area that is home to several industrial and office spaces, making it a popular destination for businesses in the transport and logistics sectors.

Kewdale: A dedicated commercial and industrial zone featuring many big company offices and warehouses.

Other: Suburbs such as Burswood, Welshpool, Wangara, Malaga, Balcatta, Jandakot, and Cockburn Central are also busy commercial areas.

Commercial Property Appraisals

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How can I get a commercial property valuation?

Provide us with detailed information about your property, including the size, location, age, and condition of the property, as well as any recent improvements or renovations.

We’ll discuss with you about the purpose of the valuation, as this will determine the type of valuation you require. For example, if you are seeking a valuation for financing purposes, we may need to provide a market value estimate, while valuations for sale or tax purposes will be more specific.

Ross Scarfone Real Estate will need to inspect the property to assess its condition and identify any issues that may affect the value of the property. Once we have gathered all the necessary information and completed the inspection, we will provide a detailed report outlining the valuation methodology and the estimated value of the property.

It is important to note that commercial property valuations can be complex and involve a range of factors that can affect the final value estimate. It is recommended to engage a qualified and experienced valuer like Ross Scarfone Real Estate who has extensive knowledge of the local property market.

Click here for a commercial property appraisal. 

Should you require more information, please contact Ross Scarfone Real Estate.

We use a combination of methods to determine an accurate and reliable estimate of the property’s value. These include comparative market analysis, an income or cost approach model, and/or a site analysis.

Ross Scarfone Real Estate has been valuing commercial properties in Perth’s south-east for over 30 years. Fill out our commercial property appraisal form here for a commercial property valuation.

When completing a commercial property appraisal, we can also provide advice on how to improve your commercial property value.

The most common value enhancing actions you can take are to improve the curb appeal, make necessary repairs and upgrades, increase energy efficiency, enhance security, offer amenities, and improve the interior design.

Please contact us here and we will find a time that suits you to appraise your property.

Commercial Property Management

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What do commercial property managers do?

Commercial property managers are responsible for overseeing the day-to-day operations of commercial properties on behalf of the property owners. Their primary role is to ensure that the property is well-maintained, tenants are satisfied, and rental income is collected.

The job also involves managing and reporting on finances, occupancy rates, health and safety regulations, and maintenance logs.

Essentially, a commercial property manager’s job revolves around keeping a property operating efficiently to ensure a good return for the property owner.

Find out more about our commercial property management services.

Commercial property managers can provide numerous benefits to property owners and tenants alike.

Property management can be a time-consuming and complex task, especially for commercial property owners who have other business or personal commitments. Commercial property managers can save you time and effort by handling all aspects of property management, from finding tenants to managing repairs and maintenance.

A commercial property manager will also help you maintain tenant satisfaction and compliance, plus they will report on everything on your behalf. This saves you a significant amount of time and effort, especially with managing finances and adhering to local regulations.

Their services provide numerous benefits to property owners and tenants alike, ensuring the successful operation of the property and maximising its value over time.

Find out more about our commercial property management services.

The clear differences between commercial property management and residential property management are the property types and tenant profile. Commercial properties are set up for businesses and their owners.

Commercial property management also has a wider scope of responsibilities and therefore requires a unique skillset to handle the demands. Lease terms and legal requirements are more complex, with compliance regulations covering zoning laws, building codes, safety regulations, and much more. 

Managing a commercial property effectively requires many years of experience, which is why Ross Scarfone Real Estate are one of the most well known agents in Perth’s south-east.

Commercial property management involves managing, leasing, and maintaining commercial real estate. This includes:

  • Marketing properties and leasing them.
  • Maintaining tenant relations and their satisfaction.
  • Ensuring rent is paid on time.
  • Maintaining commercial properties in terms of cleaning, repairs, and landscaping.
  • Managing and reporting on finances, including operating expenses, capital expenditure, and cash flow projections.
  • Ensuring compliance with local, state, and federal regulations.

Find out more about our commercial property management services.

Fees are typically paid as a percentage of the rent for a commercial property. The amount depends on various factors, but is usually in the region of 4-12%, with potential mark-ups for other maintenance tasks.

Find out more about our commercial property management services.

Commercial property management fees are typically paid by the property owner. Often the cost makes up a percentage of the property’s gross income or rent revenue.

Ultimately, the property owner pays the commercial property management fees because they are responsible for ensuring that the property is profitable and well-maintained. The property manager’s services are essential to achieving this goal, and the fees they charge are typically considered a necessary expense.

Commercial Real Estate Perth

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What is commercial real estate?

Commercial real estate refers to any property that is used for business purposes. This includes offices, retail spaces, warehouses, factories, and medical facilities. Commercial real estate is typically bought, sold, leased, and managed by business owners, investors, developers, and real estate professionals. Commercial properties are an important asset class that provide significant returns for investors, as well as space for businesses to operate and grow. The value of commercial real estate is often tied to its location, accessibility, and the demand for space in the area.

The cost of commercial real estate in Perth varies depending on the location, property type, and size of the property. Some factors that will influence the cost of commercial real estate include the local economy, property condition, supply and demand for commercial space, and prevailing interest rates.

We encourage you to reach out to a member of our team to discuss your budget for a commercial property, or for help with any other property sale related costs.

Industrial properties are considered a type of commercial real estate, however, industrial properties are more specifically designed for manufacturing, production, storage, and distribution of goods and services. These include factories, warehouses, and distribution centres. Commercial properties are typically designed to be more visually appealing and will generally welcome customers or clients on-site. Commercial properties include retail outlets, dining venues, offices, hotels, and medical facilities amongst others.

Given Perth is a major business hub, we have a diverse range of commercial property types available for sale and lease. The city offers plenty of highrise and smaller office complexes, a vast retail scene, industrial warehouses of various sizes, and many other mixed-use developments.

The profitability of a commercial property depends on several factors, including property use, location, market demand, property size, and the type of property. Some commercial property types may be more profitable than others depending on the current market conditions.

A commercial property in a prime location with excellent transport routes is likely to be more profitable if the market is right. In Perth’s south-east, offices, warehouses, and other commercial properties are almost always sought after and highly profitable if maintained.

It’s important to note that the profitability of a commercial property can also depend on factors such as market fluctuations, changes in demand, and competition from other properties. It’s recommended to contact a property expert such as Ross Scarfone Real Estate for more information on the current market.

Yes, foreign investors can generally buy commercial property in Australia. However, there are some regulations and restrictions that apply to foreign investment in Australian property.

The Australian government regulates foreign investment in Australian property through the Foreign Investment Review Board (FIRB). The FIRB assesses proposals by foreign investors to determine if they are in the national interest. Generally, foreign investors are required to seek FIRB approval before purchasing commercial property in Australia.

The specific rules and restrictions for foreign investment in commercial property vary depending on the type of property and the investor’s country of origin.

Perth is considered one of the best cities for commercial real estate investments in Australia, largely due to its affordability and diversity.

Despite Perth’s diverse economy, it heavily relies on industries such as mining, oil and gas, and construction to insulate the city from economic shocks and provide a stable base for businesses to operate in.

Another benefit is Perth’s location as the closest major Australian city to Asia. This makes it an attractive destination for international business and investment. The city has a well-established trade and investment relationship with many dynamic Asian countries, including China, Japan, and South Korea.

Perth’s growing population drives demand for commercial property investments in sectors such as retail, hospitality, and residential developments. The ongoing development and investment in infrastructure, such as the Perth City Link project, is expected to drive further demand for commercial property investments in the city.

Perth’s strong economy, strategic location, growing population, ongoing development, and high quality of life make it a highly attractive city for commercial real estate investments.

Commercial Property Belmont

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What is Belmont known for?

Belmont is known for its convenient location, being close to Great Eastern Highway and the Perth International Airport. It has a diverse community with a mix of residential, commercial, and industrial areas.

Belmont has a range of amenities and attractions with many shopping centres, parks, recreational facilities, and a unique food scene.

Investing in a commercial property in Belmont provides ease of access to major arterial roads such as Great Eastern Highway, Tonkin Highway, and Graham Farmer Freeway. Perth CBD is 8 km away and the domestic airport is only 5 km away!

The dynamism of Belmont with its appealing location provides significant opportunities for businesses.

There are a variety of commercial properties in Belmont, including offices, warehouses, and other industrial properties.

Explore commercial properties for sale and lease in Belmont

Commercial Property Kewdale

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What is Kewdale known for?

Kewdale is home to Perth International Airport, which is the fourth busiest airport in Australia. It also features the Kewdale Freight Terminal, which is the largest intermodal rail freight terminal in the state.

With a large number of warehouses, distribution centres, and factories, Kewdale is a major hub for logistics and transportation in Western Australia.

Kewdale’s strategic location near the Perth International Airport and major highways provides excellent connectivity to other parts of Western Australia and beyond. This makes it an attractive destination for businesses looking to establish a distribution centre, warehouse or other logistics facilities.

Ongoing developments and the expansion of the Perth Airport precinct is expected to drive demand for commercial real estate in Kewdale in the coming years. As a result, investors can expect strong capital growth potential and attractive rental yields. Lastly, with a limited supply of quality commercial real estate in Kewdale, investors can benefit from limited competition and potentially higher returns compared to other commercial real estate markets in Perth.

Offices, warehouses, and distribution centres are the most common commercial properties in Kewdale.

Discover our commercial properties for sale and lease in Kewdale here.

Commercial Property Welshpool

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What is Welshpool known for?

Located in the south-east of Perth, Welshpool is known for its industrial area which includes manufacturing, transport and logistics, and other commercial businesses. As a result, it’s home to many factories, warehouses, and distribution centres. Welshpool plays a significant role in the economy of Perth and Western Australia, providing thousands of jobs and exporting a diverse range of goods.

Welshpool is a well-established industrial area that has a high demand for industrial and commercial real estate. A commercial property in Welshpool has the potential for high rental income and positive capital growth over the long term. Its strategic location near major roads such as Tonkin Highway and Leach Highway makes it an ideal location for businesses that require access to distribution networks.

What’s more, the local government is committed to supporting the growth of the industrial and commercial sectors in Welshpool, with plans for infrastructure upgrades and new developments in the area.

Commercial properties in Welshpool largely consist of industrial warehouses and strips of commercial lots.

View our commercial properties for sale and lease in Welshpool.

Commercial Property Victoria Park

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What is Victoria Park known for?

Victoria Park is known for its vibrant and diverse community, with many popular entertainment venues. The suburb has a rich cultural history and is home to a number of heritage-listed buildings, including the Victoria Park Hotel, which was established in 1897.

Victoria Park is also renowned for its lively café and restaurant scene, with a range of options from fine dining to casual eateries, and is a popular destination for foodies in Perth. Additionally, the suburb hosts a number of cultural and sporting events throughout the year, including the annual Victoria Park Arts Season, which showcases local artists and performers.

For these reasons, a commercial property in Victoria Park is the ideal workplace for many businesses.

Overall, Victoria Park offers a unique blend of history, culture, and modern amenities, making it a sought-after destination for both locals and visitors alike.

Located just a few kilometres from the Perth CBD and featuring excellent transport options, Victoria Park is an attractive destination for businesses looking to establish a presence in Perth.

Its bustling café and restaurant scene attracts a steady stream of visitors and residents alike. This often results in solid returns on investment for many commercial businesses. The diverse mix of property types provides for many businesses, including medical practices, creative studios, and professional services.

Victoria Park has a limited supply of quality commercial real estate, which means investors can benefit from potentially higher returns compared to other commercial real estate markets in Perth.

Overall, investing in commercial real estate in Victoria Park offers a unique combination of location, amenities, and strong demand, making it a promising investment opportunity.

Commercial properties in Victoria Park largely consist of office blocks and other large multi-purpose business buildings.

View our commercial properties for sale and lease in Victoria park.

Commercial Property Burswood

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What is Burswood known for?

Burswood is known for its entertainment and leisure facilities. It is home to the Crown Perth complex, which includes a casino that is the largest in Western Australia, hotel, theatre, convention centre, with a range of dining and retail options. The Crown Perth casino attracts visitors from around the state and beyond.

Burswood also boasts beautiful parklands,such as Burswood Park, which offers stunning views of the Swan River and Perth skyline. It is also home to a range of recreational facilities, including picnic areas, playgrounds, and cycling and walking paths.

The Optus Stadium nearby hosts a range of top-class sporting and entertainment events throughout the year. Overall, Burswood offers a unique blend of entertainment, leisure, and natural beauty, making it a popular destination for tourists and locals.

Burswood’s status as a major entertainment and leisure destination ensures a steady stream of visitors, both domestic and international. This provides huge opportunities for solid returns in commercial real estate investments here.

Its proximity to the Perth CBD, major transport links, and the Optus Stadium make it an attractive location for businesses looking to establish a presence in Perth. This demand for commercial property in Burswood is reflected in the limited availability of quality commercial real estate in the area, potentially offering higher returns and capital growth potential.

The suburb’s ongoing infrastructure development, particularly with the Perth Stadium and Sports Precinct, will continue to drive demand for commercial property in Burswood. This investment in infrastructure is expected to attract more businesses and visitors to the area, further increasing demand for commercial space. Overall, investing in commercial real estate in Burswood offers a unique combination of location, amenities, and strong demand, making it a promising investment opportunity.

There are a range of commercial properties in Burswood, but the standout property types are offices and recreation/dining venues.

View our commercial properties for sale and lease in Burswood.

Commercial Property Ascot

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What is Ascot known for?

Ascot is known for its picturesque riverfront location, heritage-listed homes, and horse racing events. The suburb is situated along the banks of the Swan River and offers stunning views of the city skyline. It is also home to several historical landmarks, including the Old Belmont Fire Station and Tranby House, which is one of the oldest surviving buildings in Western Australia.

With the Ascot Racecourse located in the heart of the suburb, Ascot is commonly associated with a horse racing heritage. Major events are hosted throughout the year, including the Perth Cup and the Railway Stakes.

Ascot is home to several parks and reserves, including Garvey Park and Ascot Waters Park, offering a range of recreational facilities, including playgrounds, picnic areas, and walking paths. With a unique blend of natural beauty, history, and entertainment, Ascot is a popular destination for a variety of businesses.

Commercial property in Ascot is highly sought after, especially for its easily-achieved work-life balance. In particular, a range of major events throughout the year offers potential investment opportunities in the hospitality and entertainment sectors.

With its location near the Perth CBD and major transport links, including Perth Airport, Ascot is an attractive location for businesses looking to establish a presence in Perth.

The suburb’s ongoing development, particularly with the redevelopment of the Ascot Waters Marina, is expected to drive demand for commercial property in Ascot. This investment in infrastructure and amenities is likely to attract more businesses and visitors to the area, providing strong growth potential for commercial property investors.

Commercial properties in Ascot largely consist of shopfronts, consulting rooms, and offices.

View our commercial properties for sale and lease in Ascot.

Commercial Property Cannington

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What is Cannington known for?

Cannington is especially well known for its shopping centres and recreational facilities. It is home to the Westfield Carousel-  one of the largest shopping centres in Perth. The Cannington Leisureplex is a popular destination for residents, offering a gym, swimming pools, sports courts, and a library.

The suburb is also known for its cultural diversity, with a large number of migrants and international students residing in the area. This is reflected in the suburb’s vibrant culinary scene, featuring a range of restaurants and cafes offering international cuisine. Cannington is home to the Cannington Racecourse, which hosts regular horse racing events and is a popular destination for sports enthusiasts. With a diverse range of amenities and activities, it is a desirable suburb for both residential and commercial purposes.

Cannington’s central location, located only from the Perth CBD, with excellent transport links makes it an attractive destination for businesses looking to establish a presence in Perth. Its large and diverse population, including a significant student population, offers a strong customer base for commercial property investments in the retail and hospitality sectors.

Additionally, with a range of recreational facilities, including the Cannington Leisureplex, and the Cannington Racecourse, investing in commercial real estate in the sports and leisure sectors could also offer potential returns.

The suburb’s ongoing development, particularly in the areas of transport infrastructure and residential developments, will continue to drive demand for commercial property in Cannington. Investing in commercial real estate in Cannington offers a unique combination of location, amenities, and strong demand, making it a promising investment opportunity.

The most notable commercial properties in Cannington are offices, retail, and clinics suitable for medical practices or similar.

View our commercial properties for sale and lease in Cannington.