Fire Safety
Self-Heating and Spontaneous Combustion Materials that may catch fire by spontaneous ignition are: Spontaneous ignition occurs when a combustible material heats to its ignition temperature through a chemical reaction with oxygen in the air. Oxidation of the material generates heat, which, if not dissipated, accumulates until ignition occurs. This typically happens when materials are piled, […]
Safeguarding Your Commercial Property
Understanding Tenant Insurance and Business Disruption Insurance: When operating a business in a commercial property, managing risks and ensuring the safety of tenants and their businesses is a top priority. A comprehensive insurance strategy plays a crucial role in protecting both property owners and tenants from unforeseen challenges. Two critical forms of insurance that should […]
Maximising Tax Benefits for Commercial Property Owners
As a commercial property owner, you may not be fully aware of the potential tax benefits available to you. Tax depreciation, often overlooked by property investors, can significantly reduce your tax liability, and improve your overall financial position and cash flow. At Pure Property Management, we recognise the importance of optimising your property investment. Recently, […]
Navigating Commercial Property Leases
Navigating Commercial Property Leases: A Closer Look at GST on Rental Payments In the complex world of tax, the Goods and Services Tax (GST) plays a pivotal role in shaping the financial landscape. One area that often raises questions and sparks debates is whether GST is applicable to commercial property rents. As businesses navigate through […]
Navigating the Future: ESG in Commercial Property in Australia
Introduction: In recent years, Environmental, Social, and Governance (ESG) considerations have become integral in shaping business practices across industries. As the global community focuses on sustainable development, the commercial property sector in Australia is no exception. In this blog, we’ll explore the growing importance of ESG in the Australian commercial property market and how it […]
AI in the Real Estate World
Transforming Transactions and Tackling Deepfake Challenges Artificial Intelligence (AI) has made significant inroads into numerous industries, revolutionising processes and decision-making. In the real estate world, AI technologies such as Chatbots and GPT models play a pivotal role in enhancing efficiency and customer satisfaction. However, “with great power comes great responsibility”, and the rise of deepfake […]
Why Invest in Commercial Real Estate
Why Invest in Commercial Real Estate Investing in commercial real estate can be a lucrative opportunity for several reasons: Potential for higher returns: Commercial properties, such as office buildings, retail spaces, and industrial complexes, often generate higher rental income compared to residential properties. Additionally, the value of commercial real estate appreciates over time, providing the […]
Client Feedback Survey Results
The Results Are In!!!! We would like to thank everyone who took to time to complete the recent client feedback survey. Over 25% of our owners responded. In a serviced based industry, businesses often choose to not seek feedback for fear of what that feedback might be. More often than not people will willingly spend […]
Land Tax
State Legislated Land Tax is often a significant outgoing for any commercial property owner. Most Net leases are constructed so that landlords are able to recover Land Tax as part of Statutory Outgoings, however, it’s not unusual that some leases will specify that Land Tax is not recoverable, or that it is only recoverable at […]