Coresteel Buildings has the specialised knowledge and experience to create flexible commercial building solutions for property investors and aspiring entrepreneurs who need a new build.
So, which type of properties are most profitable? We explore the most in-demand industrial & commercial building investments today.
Industrial warehousing has long been a profitable commercial building investment for business owners and property investors. Coresteel’s commercial manager, Simon Archer, says there is a particularly high demand for industrial real estate.
“At the moment, industrial space and warehousing seem to be in great demand. So, if you’re a property investor, building an industrial or commercial building for lease is a very good option.”
Part of this increased demand could be the impact of Covid-19. With so many people staying and working at home, online shopping is more popular than ever. With this comes an increased demand for quick and efficient shipping, which has put pressure on fulfilment facilities worldwide.
More industrial buildings in accessible locations can help meet this high demand, allowing workers to easily transport goods to and from the site. To ensure your daily operations run efficiently, consider building your warehouse near railway stations, airports, seaports, and highways.
Building a property for multiple tenants can be an excellent business opportunity—if done correctly. A higher number of tenants brings a higher income. The options for multi-tenancies range from workshops and healthcare centres to retail shops.
The most crucial features of any multi-tenant building are flexibility and space. Different tenants have different needs, and you’ll need to meet all of them for a successful build. Beautifully designed spacious buildings will attract more tenants and make your property more profitable. And the more spacious your building is, the more comfortable it will be for your tenants.
At Coresteel Buildings, we treat interior space as a priority. Using the exclusive Donobeam and Bracketless Portal System, we can create vast interiors without interference from obtrusive braces. As all our buildings are prefabricated off-site, the construction process is quick and efficient, allowing your tenants to move in faster.
A Commercial Retail Store
The retail world brings many commercial building investment opportunities. But you’ll need to think strategically and have a detailed plan from the get-go if you’re going to make such a commitment. Is there demand in your chosen industry? What are your business goals, and how will your building attract customers or clients?
Retail properties in high-traffic areas offer the best chance for success.
“If you’re constructing a retail building, then you want to build in a retail area where people come to shop,” Simon Archer advises.
But it’s not just about location. Your build’s aesthetic appeal is also essential; you want to attract as many people to your store as possible. Creating a structure with unique architectural features that reflect your brand will help you stand out in a competitive market.
Invest in Commercial Building Construction with Coresteel
Coresteel is an expert in commercial and industrial building solutions, having worked with Kiwi businesses for over a decade. We can bring your dream build to life and help you achieve your business goals. Get in touch with your local Coresteel expert today to discuss your requirements. We’ll tailor a perfect solution for you.