Commercial Real Estate in North Sydney

Looking to invest or lease commercial property but not sure where to start? North Sydney is a great location to invest or grow a business, and is home to the second largest business district after the city CBD. With its tight-knit community and bustling local businesses and corporations, commercial real estate in North Sydney, St Leonards and Chatswood are increasing in popularity for investors, retailers and businesses.

North Sydney Suburbs

Residents and workers in St Leonards enjoy a great work-life balance because the area is a naturally sustainable, as well as a productive urban business centre. It is also easy to get to via public transport like trains or buses. As a result, commercial real estate in North Sydney, such as St Leonards, are in the perfect location for companies, employees and buyers looking invest or lease properties with high returns on investment.
Chatswood is also another commercial epicentre of Sydney, as it is full of retailers and businesses, like that of Bondi Junction and the city CBD.

Reasons to Choose North Sydney

· Productivity. Investing in or leasing commercial real estate in North Sydney can generate higher productivity rates than the state average. According to the North Sydney Council, the industry value added per hour worked by North Sydney was $82.16 in 2007-2008, significantly higher than the total productivity average in New South Wales, which was $58.90. The increase in productivity was 9.4%, and again, higher than the state average of 5.65%.

· Employment occupation. Professionals from the Scientific, Technical, Financial, Health care and Sales sectors made up 41.6% of the working population in North Sydney in 2006. This is followed by Managers. Clerical and Administrative workers at 20.1%. Based on these figures, offices or commercial real estate in North Sydney are a viable and sound investment.

· Labour force. With North Sydney, you can be sure that tenants and businesses will occupy the office space. The unemployment rate in September 2008 was below average, at 2.1%, while the rest of the state was 4.6%. In fact, the annual increase of employment in 2008was 2.1%.

· Gross Regional Product. With 49, 630 registered businesses like major corporations, retailers, as well as advertising, IT, Property and marketing companies, North Sydney's Gross Regional Product grew by 8.5% to 9.1billion in 2007 and 2008. By leasing or purchasing in commercial properties in North Sydney, your business or investment can contribute significantly to Gross Regional/State Products of Sydney and New South Wales.

Finding Commercial Real Estate in North Sydney

Finding commercial property in North Sydney is simple with expert commercial property agencies like Tim Green Commercial. Visit tgc.com.au to search through dozens of the latest listings according to price, size and location. If leasing or investing in commercial real estate is something you're thinking about, contact or visit Tim Green Commercial for expert tips and advice.

This article was brought to you by Tim Green Commercial - Commercial real estate in North Sydney.