After chatting with a few landlords recently, I’ve noticed the same questions keep coming up:
How do you lock in a great tenant, get the best rent, and still keep things stable?
Honestly, that’s the sweet spot every commercial and retail landlord is aiming for. Here are five practical tips to help you get there this financial year:
- Stay on Top of the Rules: Make sure you’re up to date with the latest leasing laws and compliance requirements for your area. It keeps you out of trouble and your leases rock solid.
- Screen Tenants Like a Pro: Don’t just take their word for it—dig deeper. Check their business background, financials, and references. A thorough screening process helps you spot reliable tenants who’ll pay on time and look after your property.
- Offer Smart Incentives: Sometimes a rent-free period or helping with fit-out costs can attract the right tenant. The trick is to use incentives to secure long-term, quality occupants—not just fill a vacancy.
- Watch the Market: Keep an eye on local vacancy rates, retail trends, and what’s happening with new developments. Adjust your rent and leasing strategy to stay competitive and maximise your returns.
- Be a Responsive Landlord: Quick responses to tenant requests and keeping your property in top shape go a long way. Happy tenants are more likely to stick around and recommend your space to others.
GSE Hospitality Property work closely with their clients and the strategies above are just a few of the key areas to consider. If you’d like to talk through these strategies or need help putting them into practice, reach out to our specialist Hospitality Property team.
Find more details about our Property Services here:
https://www.gsehospitalitybrokers.com.au/commercial-leasing-property-sales-for-hospitality-venues/
About Joe Yu
Commercial Leasing & Sales Sydney
0405 976 321
With over a decade of experience in commercial real estate, I am dedicated to delivering outstanding results with the highest level of professionalism. As a recipient of the 50 Million Dollar Award and a top achiever in my previous roles, I have a proven track record of negotiating and closing high-value deals, consistently surpassing client expectations
I hold a Bachelor of Business (Property Valuation and Management) and a Class 1 Property Agent license in NSW, equipping me with expert knowledge in commercial transactions, leasing, sales, and investment acquisitions. My approach is results-driven and client-focused, built on clear communication and lasting relationships.
Whether you are leasing, selling, or investing, I am committed to providing exceptional service and guiding you to achieve your commercial real estate goals with confidence and ease.
