Seven 7-Eleven convenience stores and service stations in NSW were bought at a Sydney auction in August by private investors for a combined total of $33.085 million, with a benchmark yield of 3.85 per cent and average yield of 4.6 per cent (The Urban Developer). The properties sold by the BRW Rich List Withers & […]Read Full Story
Posts Tagged ‘Emerging issues’
The Queensland government recently announced that as of the 1st of October 2014 a new form will allow GST information to be available on property transactions in Queensland. The new Form 24 incorporates two questions asking whether GST is payable on the transaction, and if the transaction is under the Margin Scheme. The API have […]Read Full Story
Nick Xenophon is proposing a new law that will allow first home buyers to use their superannuation to purchase property. Xenophon, a SA independent senator, backs the plan for new home buyers to borrow money from their super accounts to assist in securing a deposit (The Adviser). Suggestions for the government to adopt a similar […]Read Full Story
Preston Rowe Paterson offer a number of sustainability services that assist owners in the Environmental Upgrade Agreement process, which gives existing commercial and industrial owners access to finance for environmental improvements. Activities classified as an upgrade under the EUA include improving energy or water efficiency, reducing waste and greenhouse gas emissions, recycling, pollution prevention or […]Read Full Story
In 2013 Preston Rowe Paterson is celebrating 25 years as a property valuation, management and advisory services business. To commemorate our 25th year we have launched our brand new web presence in which we celebrate some of the iconic investment, development and asset valuation and transactions we have had the privilege of being involved with since commencing operations. We are doing this through a series of case studies which are published on our web page.
As we move into the next phase of our evolution (25 years and beyond) it is our intention to give you the right Impression of who we are, what we do, where we do it and what we do it for.Read Full Story