Another Proposed Brisbane Residential Tower Replaced with Commercial

Discussion in 'Property Market Economics' started by RPI, 4th Feb, 2018.

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  1. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

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    RPI, 4th Feb, 2018
    #1
    C-mac, Kassy and chindonly like this.
  2. Kassy

    Kassy Well-Known Member

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    I read an article that said Brisbane CBD commercial rental was very cheap atm. Are they going to do any better switching the use to commercial?
     
    Kassy, 4th Feb, 2018
    #2
  3. RPI

    RPI SDA Provider, Town Planner, Former Property Lawyer

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    I think it is more a sign of the weakness of the residential market. It is not uncommon to see 40+% incentives on 3 year leases.
     
    RPI, 4th Feb, 2018
    #3
    Kassy likes this.