“If you’re doing the same thing and expecting a different result, you’re bound to be disappointed. So, the saying goes.
In fact, in today’s market, the key is deciding to push that bit harder and go that bit further. Aston Commercial is a different type of agent.
A difference shaped by our history as a trusted generational advisor – and our commitment to embracing change.
We do our homework first and talk second.
We approach the market with imagination and flair that’s firmly anchored in experience — then we work hard”.
MANAGING DIRECTOR
Success then becomes a logical outcome, not a fortunate windfall.
In real estate we often use analogies to express the mood of the market. The best description we have is that an economic tsunami has hit our shores and there will be ramifications for the commercial property market.
With the rise of interest rates effectively tripling the monthly loan repayment together with significant increases in construction costs, statutory charges and other deliverables, the investment criteria and project feasibility metrics have forever changed.
More than ever, commercial property owners require experienced feedback (without panic) and bespoke strategies that will help navigate through these uncertain times. Decisions are taking longer – whether looking to lease or make an offer to buy, the timeframes have doubled.
So as the second wave of the economic tsunami (where the water rushes back to the ocean) is where the unknown exists. Unfortunately, there will be casualties along the way and then we will settle under a new market normality.
“An economic tsunami has hit our shores...”
In the meantime, it is our Teams desire to continue to help you through this period with the right balance of professional advice based on over 40 years combined experience and an enthusiasm to push harder.
We look forward to connecting soon.
Kind Regards,
FRED NUCARA MANAGING DIRECTOR
We do our homework, identify unique strategies and make informed recommendations that are often not aligned to traditional thought
Over 25 team members offering individual bespoke opinions about how we can deliver more to our Clients
DIRECT
Direct, open and honest communication based on our knowledge and 80 plus years combined experience
Our standards are nothing but ‘elite’. Whether it is marketing or administration processes, we insist on delivering the highest possible quality and efficient customised procedures. Elite ensures we stand out from the norm and integrate a seamless experience
The real focus is to ensure that we provide unique outcomes that are shared with our service providers. Collectively we aim to provide an experience that is ”not typical” but aligned to a strategy that achieves a desired Client outcome
Often “extraordinary” is used loosely. We have chosen to live, eat and breathe being extraordinary. For us it’s about going over and above so that we all have a remarkable and memorable experience
Toorak is an affluent suburb located in Melbourne, Australia. Known for its luxurious homes and high-end retail, the area boasts a prestigious reputation. With a population of around 14,000, Toorak is home to many wealthy residents and is often referred to as one of Melbourne’s most exclusive suburbs. The area is also known for its beautiful parks and gardens, as well as its close proximity to the city centre.
Here is a sample of what Toorak and surrounds has to offer: Tok H Centre Toorak Village
As we celebrate the Easter break, we would like to take a moment to extend our warmest greetings and appreciation to you, our valued Clients. We hope that this Easter season brings joy and hope to your lives.
This year has been full of challenges for us all, but your continued loyalty and support have helped us navigate through these uncertain times. We remain committed to providing you with the highest quality of elite services and we look forward to continuing our partnership in the coming years.
Thank you for being a part of Aston Commercial’s journey and we look forward to many more years of success together.
Celebrate this Easter with your loved ones with these simple crafts!
Learn how to make natural easter egg dye with household ingredients that you have around your kitchen. These environmentally friendly dyes are all you need to get crafty this Easter!
Make this simple and delicious Easter marshmallow slice with just 5 ingredients! This kid-friendly recipe will leave you satisfied and craving more.
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Selling with Aston Commercial means assuring yourself with a Team of passionate individuals driven to deliver you optimal results. Rather than resting on laurels, the Aston difference is to be in a constant stride towards better. We predict market trends, optimise promotions with the latest software to get the right people through your door, and give you the best possible, professional advice that is truly open, honest, and reliable. Together, Aston Commercial builds on years of industry experience and contacts to give you the service you deserve, with the greatest financial outcome.
The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor
Deciphering the highest and best use and positioning your property through the implementation of elite marketing across all mediums
A relentless “never give up” attitude focused on the Client destination
Don’t wait to buy property, buy property and wait..inevitably you will reap the rewards
The first quarter of 2023 has been all about interest rates and inflation. The successive interest rate rises have had the desired outcome of slowing spending that has also impacted the commercial property market.
Stock levels have decreased significantly across the board resulting in limited activity. The lack of stock brings into the old supply and demand rule which has seen price levels largely hold rather than decrease or increase. When we get passed the school holidays and Easter break we will see an increase of supply.
As always there are markets within markets. The industrial sector continues to fire with strong demand and appetite. Investors have been cautious as they wait to see where the new cost of money will land and what is a fair yield for investments. We are also seeing the owner occupier market fire up with strong enquiry across all sectors.
The leasing landscape has still been consistent, with strong enquiry rates. This translated into a solid March with over 21 of lease deals concluded. Our leasing stock levels are being maintained at pre-covid levels, which is around 5% of our management portfolio.
Expectations are for a similar second quarter with a surge of activity for the back half of 2023.
JEREMY GRUZEWSKI EXECUTIVE DIRECTOR - HEAD OF AGENCY
m2
Building Area: 253 sqm to 515 sqm*
Jeremy Gruzewski 0422 211 021
Brand new office space
Close proximity to arterial roads
Liam Rafferty 0421 886 655
Central Brighton location Abundant Natural Light
Jeremy@astoncommercial.com.au
Liam@astoncommercial.com.au
Building Area: 255 sqm*
Joff Mithen
0430 759 406
joff@astoncommercial.com.au
Suits a variety of uses (STCA)
ZONE
Prospective Mixed-Use Zoning
Jeremy Gruzewski 0422 211 021
Carparking for two (2) vehicles
Favourable dual street frontages $
Jeremy@astoncommercial.com.au
View ViewChapel Street Opportunity
Carparking for up to ten (10) vehicles
Joff Mithen 0430 759 406 joff@astoncommercial.com.au
Double fronted shop Building Area: 674 sqm*
Located in the heart of Chapel Street, Prahran
Fred Nucara 0418 567 560 Fred@astoncommercial.com.au
Building area of 42 sqm*
Joff Mithen 0430 759 406
joff@astoncommercial.com.au
Near-new retail/ office premises Suits a variety of uses (STCA)
Outstanding location within booming northern suburbs
Fred Nucara 0418 567 560 Fred@astoncommercial.com.au
A blank canvas opportunity perfect for any business
Suitable for owneroccupiers & investors
View View
You require an Agent and Team of support that not only performs with speed, initiative, and tenacity but who acts in your best interest. At Aston, we pride ourselves on thoughtful service that’s personal to you. Every client’s needs are individual to them, and that’s why no two services are ever the same. Our dedicated team remain open and transparent with you throughout the leasing process. Strong, consistent, twoway communication is imperative so, from us you can expect honesty, integrity, and a supportive Team you can lean on and has you top of mind, always.
The consistency of over 100 active listings and deals every year ensures a captive audience, both locally and nationally, that is ready to lease vacant spaces
Our technology and individual team members match vacant space to active business requirements leading to a vacancy period less than the industry averages ensuring our Clients receive their rental income sooner
A diligent 100 point process provides a method to ensure quality of tenant and an extraordinary result
It’s about believing in the vision of your business and finding the right space..
Jeremyf@astoncommercial.com.au
Jeremyf@astoncommercial.com.au
Ground Floor, 33-37 Hotham St, Collingwood
$100,000 pa
Huge Hotham Factory/Warehouse
Building Area: 797 sqm*
Sebastian Origlia 0428 056 294
High clearance warehouse
Sebastian@astoncommercial.com.au
Office with great amenity Suits a variety of uses (STCA)
Jeremy Fiske 0421 869 534
Jeremyf@astoncommercial.com.au
Centralised between two major road arterials
High Exposure in Essendon! Includes
1087-1091 Mount Alexander Rd, Essendon $125,000 pa Building Area: 200 sqm*
Lucy Pane 0400 633 120
Lucy@astoncommercial.com.au
Sebastian Origlia 0428 056 294
Sebastian@astoncommercial.com.au
Webb St, Fitzroy
Character Filled and Highly Versatile Offering in Fitzroy
pa Building Area: 562 sqm*
Joff Mithen 0430 759 406
Lucy@astoncommercial.com.au
joff@astoncommercial.com.au
Suite 15, 161 Greville St, Prahran $20,000 pa
Be at the Centre of the Action
Jeremy Fiske 0421 869 534
Jeremyf@astoncommercial.com.au
6 & 7 Almeida Cres, South Yarra
Sebastian Origlia 0428 056 294
Sebastian@astoncommercial.com.au
Stand Out South Yarra Office/Showroom
700 sqm*
Sebastian Origlia 0428 056 294
Sebastian@astoncommercial.com.au
Lucy Pane 0400 633 120
Lucy@astoncommercial.com.au
Investing in the latest technology allows for process efficiency and unique landlord/tenant portals
A clear team structure that empowers each person to support each other and utilise our many years of combined experience in Property Management
Clients have the safety of key senior personnel that take ownership and resolve any issues that may sometimes arise, with the knowledge that we can always get better
The property management Team has had a record first quarter in 2023, with a significant increase in lease renewals and transfer of lease transactions compared to the previous quarter.
The Team transacted just over 70 lease renewals for the quarter, an increase of 50%, whereas Transfer of Lease transactions increased by 40%.
It is possible that the current inflation and interest rates have influenced the decision of Tenants to renew their leases rather than looking for new properties. The stability in rents may also be an indication of a healthy and competitive rental market.
Overall, the increase in lease renewals and transfer of lease transactions suggests that the property management Team has been successful in maintaining a high level of service to our Clients to ensure rental income cashflows continue.
We have the market covered. Speak to the Team that “listens first, then delivers”.
MARC HAYDEN EXECUTIVE DIRECTOR - HEAD OF PROPERTY MANAGEMENTGood customer service. Prompt at attending to things. Good advice. Courteous. Very professional.
Highly recommend the experts at Aston commercial. Recently dealt with them and their ability to provide me with a swift and flawless service was very impressive. Most importantly, they listened to what I wanted and they delivered it to me in a timely manner. Always great to have an agency that cares about you.
Carmelo, Trustpilot Review
Angel Protacio, Google Review
5 Star rating. The staff member assisting with the property management of my property in Melbourne is hands on. Always responds to my requests and queries and has sorted out many of the issues that concerned the tenant at the property.
Evon Koumi, Trustpilot Review
As usual Stephen is on top of the game, thanks for all your work this year. He has been a life saver.
Joseph McKeown, Trustpilot Review
