“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”.
Kind Regards, FRED NUCARA MANAGING DIRECTOR
Success then becomes a logical outcome, not a fortunate windfall.
Let’s face it, there is going to be some pain before we regain an upward trend in Commercial Property during 2023.
The metrics have changed on a number of fronts with the most obvious being the cost of finance where interest rates for Commercial Property loans have nearly tripled and are in the 5.50% pa range. Therefore, for every $1,000,000 of debt the interest rate cost has gone from say $20,000 pa to $55,000 pa over the last 6 months. This will cause some stress for Commercial Property owners and how the financial institutions choose to handle loan accounts that mature this year and will be very much driven by a customised view of overall Client financials and cashflow plan. We expect that there will be “markets within markets” this year where some sectors (health, medical, childcare, government, industrial, suburban office and regional) will outperform and others may struggle (retail strips, apartment development and CBD). History has always shown that when the financial metrics change quickly, there is going to be very good buying opportunities for those that choose to be brave and see the longer term rewards whilst navigating the “choppy” short term environment.
Furthermore, our vacancy rate has dropped from a peak of 119 tenancies in 2021 to now 49 tenancies from our entire management portfolio – this again reflects increasing business confidence and our Leasing Team implementing bespoke marketing and strategies to secure the right tenant.
Whatever 2023 brings forth, our Team is well equipped and ready to assist you in all aspects – Property Management, Leasing and Sales – so reach out anytime. Best wishes for the year ahead. Kind Regards,
GRUZEWSKI EXECUTIVE DIRECTOR - HEAD OF AGENCY
MARC HAYDEN EXECUTIVE DIRECTOR - HEAD OF PROPERTY MANAGEMENT
FRED NUCARA
MANAGING DIRECTOR
JEREMY
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
Located in Melbourne’s inner north, Carlton is a small mixed-use suburb on the edge of the CBD. Due to it’s close proximity to several universities including Melbourne University and RMIT, it has a high student population. A number of hospitals are located within and around Carlton, making it a hub for health care. An abundant offering of old-school trattorias and casual pizzerias has earned Carlton it’s title of “Little Italy”.
New year, new opportunities.
After yet another challenging year, our Team have taken a well-earned break and are ready to charge into 2023!
Here at Aston Commercial we pride ourselves on being Melbourne’s leading independent commercial real estate agency. Steering clear of industry norms, we do things a different way, pushing your property results further.
Our Services:
All hands-on, Aston Commercial preserves your asset income and grows your portfolio because it’s about the long game. Optimum performance requires open communication, proactive service and a strong motivation to get to know your property intimately. Sales Genuine customer service, superior attention to detail, stellar negotiation, and thorough research; our hand-picked strategic sales team ensure your property gets in front of the right people.
We value preparation, presentation, and first impressions. Our team make sure your property is looking its sharpest before leasing so we maximise the rental offers.
Get in touch to discuss what we can do for you.
“With a wide range of knowledge within the property industry, Daniel’s intrinsic need to evolve his skillset translates to the elite service he provides his clients.”
With 8 years of experience in both Commercial Property Management and Commercial Leasing, Daniel has developed a vast web of knowledge in his professional acumen that is invaluable to his clientele. His genuine eagerness to learn and expand his skillset takes charge when interacting with clients, making him a true exemplar of the Aston Commercial spirit to “listen first, then deliver”. Joshua Colosimo
Where most dread the late nights involved in finalising a transaction, Josh is the opposite. Often described by clients as a strong negotiator with the ability to foster meaningful relationships, he brings outstanding value to all transactions he is involved in no matter how big or small. Having an extensive personal network in the industry, Josh has a clear vision of what each client requires and provides expert insight to help them achieve the best possible outcome.
“Josh craves the satisfaction of completing a deal and does not shy away from putting in the hard work it takes.”
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
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..
Jeremy Fiske
Jeremyf@astoncommercial.com.au
Jeremy Fiske
Jeremyf@astoncommercial.com.au
Sebastian
Sebastian@astoncommercial.com.au
Sebastian Origlia
Sebastian@astoncommercial.com.au
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
We continue to experience another challenging market within property management. Our team has adapted to an evolving business environment, legislative changes and high demand in tenant enquires. Our professional team, systems, and structure have assisted in achieving amazing results for our clients.
The Victorian Small Business Commission (VSBC) recently published a record 19,775 Victorians making enquiries to the VSBC requesting assistance in tenancy disputes, which is a 68% increase prior to the pandemic.
Whilst rent relief mediation hearings for our team have slowed down considerably, we continue to monitor the multiple rent relief arrangements in place.
We thank our existing clients and welcome new clients to discuss how we can help.
We have the market covered. Speak to the Team that “listens first, then delivers”.
Marc Hayden Executive Director - Head of Property Management
Rodney King
Executive Director 839 870 rodney@astoncommercial.com.au
Marc Hayden
Executive Director 0412 592 849 marc@astoncommercial.com.au
Stephen Fischl
Associate Director - Property Management 0437 526 985 stephen@astoncommercial.com.au
