Commercial Real Estate Resources
While CPN Commercial Group is your ideal property partner for guiding you through Melbourne commercial property investment or leasing, the organisations listed here also provide independent information, tools and dispute resolution services. Below is a curated selection of commercial real estate resources and third-party bodies we suggest you consult as part of your due diligence process.
REIV
REIV is a professional body representing real estate agents and professionals in Victoria, Australia. It offers a range of benefits to commercial real estate agents, buyers, and tenants, making it an essential entity in the industry. Visit – REIV or read more about REIV’s role in commercial real estate in our article: – What is REIV and why is it important for commercial real estate agents, buyers and tenants?
VCAT
VCAT, short for the Victorian Civil and Administrative Tribunal, is like the referee of commercial real estate disputes in Victoria. When landlords and tenants have disagreements over things like lease terms, rent, or repairs, it can normally be resolved by the commercial property manager, however on the odd occasion this is not possible, VCAT can support a resolution. They listen to both sides, weigh the facts, and make a fair decision to resolve the problem. VCAT is there to provide a fair and neutral solution, ensuring a smoother ride in the world of commercial real estate in Melbourne. Visit their website for more information.
Small Business Commissioner
The Victorian Small Business Commission (VSBC) is a valuable asset for commercial real estate tenants in Melbourne and Victoria. Think of them as your trusted partner in navigating the complex leasing world. They excel at mediating disputes, ensuring equitable lease terms, and educating you about your rights. With the VSBC, you’ll have the guidance and support you need to make informed decisions and maintain positive relationships with landlords. Visit their website VSBC for more information or learn more about their role in supporting commercial real estate tenants in our blog here.
Insurance
Commercial Landlord Insurance
Public Liability Insurance
Machinery Breakdown Insurance
This is a specialised type of insurance that we recommend you discuss with a broker to consider what is right for you.
Loss of Rent/ Business Interruption Insurance
Equally loss of rent or business interruption insurance is a speciality type of insurance that we recommend you discuss with an insurance broker.
