Property

In recent months we have been contacted by the ATO in respect of margin scheme calculations for our clients when an activity statement has been lodged. They have asked for copies of the contract to confirm the margin scheme has been correctly stated. They have also asked for calculations that confirm the GST component when a refund is owed back.

The subdivision of land has been a prominent topic throughout 2024, particularly with the increasing demand for housing in the Australian property market. A shortage of land in desirable locations, such as areas close to city centres, shopping hubs and popular schools, has led many property owners and investors to consider the option of subdividing land as a way to maximise the value of their properties.

As a business owner, securing a prime commercial location can be an essential component in the success of a business – especially for those operating in high-traffic industries. Many business owners often commence their journey leasing a premises, however following successful start-up and continued expansion, consideration can turn to the purchase of a commercial premises and how best to do so.

For many Australians looking to build a sustainable source of income outside of their main wage, property has always been a popular investment choice.

As house prices continue to remain high in a competitive market, for those with a significant portion of land, the attraction of subdividing the family block may appeal as a source to increase wealth, build a property portfolio, or downsize for retirement.

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind.

It’s been the question on everyone’s lips for the past few years, will the global pandemic result in the “death” of the Central Business District as we know it?

In our first guest episode of the Building Your Business podcast for 2022, Chris Lewis hosts Robert Dunne - Director, Commercial Sales at Savills Australia, alongside Ian Walker (AGR Executive Chairman) as they discuss the current trends in the Commercial Property market. In the episode, each will give their attention to the macro & micro-environmental factors impacting property across the year.