Commercial buyers agent · Melbourne
Citadel Agency is a licensed Melbourne buyers agency that finds, assesses and negotiates commercial property for investors: industrial and warehouses, retail and shopfronts, medical and childcare. We act only for the buyer, search on and off market, and commercial briefs usually start from about $700,000. Pick an asset type, then tap the numbered points to see what strong looks like and what we flag before you buy.
Point 1 of 6 · Industrial
What strong looks like
Long term with options, clear rent review method
What we flag
Short term left, or a review method that is unclear
General information only. CIPT: State Revenue Office Victoria.
$165M+
in deals transacted
88%
secured off market or pre market
5.0
from 148 Google reviews
092247L
Victorian estate agent licence
The full checklist
Strong: Long term with options, clear rent review method
We flag: Short term left, or a review method that is unclear
Strong: Established business with a trading history
We flag: New business, or a tenant tied to one customer
Strong: Truck access, clearance, power and hardstand that suit the use
We flag: Access or clearance that limits future tenants
Strong: Zone and overlays allow the current and likely future uses
We flag: A use that relies on an old permit or existing use rights
Strong: Most outgoings paid by the tenant under the lease
We flag: Owner pays land tax, insurance or repairs
Strong: You know whether the property has entered the reform
We flag: Unknown entry status before you sign
Strong: Lease runs well past your hold period, with options
We flag: Lease ending soon in a strip with vacancies
Strong: Tenant suits the strip and its foot traffic
We flag: A use the area is losing, or a struggling trader
Strong: Frontage, visibility and parking nearby
We flag: Poor visibility or a side street location
Strong: Zone allows the shop use and nearby changes are known
We flag: Planned changes nearby that you have not checked
Strong: Outgoings recovery set out clearly in the lease
We flag: Gross lease with outgoings the owner absorbs
Strong: Entry status confirmed with the State Revenue Office
We flag: Unknown entry status before you sign
Strong: Long lease, with the fit out owned or paid for by the tenant
We flag: Short lease with the owner holding an expensive fit out
Strong: Practice with an established patient base
We flag: Single practitioner with no succession plan
Strong: Parking, accessibility and room for more practitioners
We flag: Access that limits patients or future tenants
Strong: Permit for medical use is in place and covers the rooms
We flag: Use relies on an informal or expired permit
Strong: Outgoings recovery and maintenance duties clear
We flag: Owner pays for specialised building services
Strong: Entry status confirmed with the State Revenue Office
We flag: Unknown entry status before you sign
Strong: Long initial term with options and a clear rent review
We flag: Short term left or below market review caps you cannot change
Strong: Experienced operator, centre trading with healthy occupancy
We flag: Operator under strain or a newly opened centre
Strong: Purpose built, licensed places that match the building
We flag: Building that limits the licensed places
Strong: Permit for childcare in place, conditions understood
We flag: Permit conditions that restrict hours or numbers
Strong: Tenant maintains the building under the lease
We flag: Owner responsible for major building items
Strong: Entry status confirmed with the State Revenue Office
We flag: Unknown entry status before you sign
FAQ
A commercial buyers agent works only for the buyer. We set the brief, search on and off market, assess the lease and tenant, coordinate due diligence and negotiate the purchase.
Commercial briefs usually start from about $700,000. The right budget depends on the asset type and area, so start with a brief call.
Industrial and warehouses, retail and shopfronts, medical and childcare properties, for investors.
CIPT is progressively replacing stamp duty on commercial and industrial property in Victoria. Whether a property has already entered the reform changes what you pay when you buy, so we check it early.
Tell us about your brief and where you want to buy, and we will tell you how we can help.
Source: State Revenue Office Victoria, CIPT.
Budget, asset type, area and timing. We will tell you honestly whether we are the right fit.
Citadel Agency is a licensed buyers agency (Victorian estate agent licence 092247L), Suite G9/84 Hotham St, Preston VIC 3072. $165M+ in deals transacted and 88% of purchases secured off market or pre market are figures across all Citadel Agency purchases. General information only, not financial, tax or legal advice.
