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Anyone know what the Perth commercial market is up to?

Discussion in 'Small Business' started by Emma Andrews, 22nd Mar, 2016.

  1. Emma Andrews

    Emma Andrews Member

    Joined:
    21st Jul, 2015
    Posts:
    22
    Location:
    Perth
    I'm looking at renting a premise for my takeaway business but the rental in the area I'm looking at is quite substantial.

    I know the residential market has suffered these past few years (especially here in Perth) but has the commercial market been the same?

    There are three shops currently empty and have been for the past 6 months. Would this be a sign the asking rents are too high or do commercial premises tend to take longer to lease?
     
  2. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,578
    Location:
    Adelaide, SA
    What suburbs are you looking at, and are you looking at street side or shopping centre?
     
  3. Emma Andrews

    Emma Andrews Member

    Joined:
    21st Jul, 2015
    Posts:
    22
    Location:
    Perth
    It's on the Great Eastern Hwy in the Perth Hills. Street side