ABOUT LIN ANDREWS REAL ESTATE

GREETINGS FROM THE FOUNDING DIRECTOR

Lin - Photo

Lin Andrews, Founder and Group Chairman, shares……

“Our Group history goes back to 1969 when my wife (Bunty) and I sat one Saturday night free from socialising. We paused to consider our privileges….

Our questions… “How can our lives make a difference?” That night we resolved to do something very bold!

At the time of these decisions, South Australia was implementing its Development Act 1967 – 1972 and talking a lot about tourism.

We built holiday flats at West Beach and then at Grange. These were followed by an office building, a warehouse and several homes.

During those first years, we invested and established a number of companies in diverse industries but always achieved our greatest satisfaction in the property industry.

We became agents as well as developers!
As agents we had a passion to assist people who were not generally trusting of Real Estate Agents. Our Agency business grew disproportionately to our other activities… possibly because we really liked helping people.

Most people lacked confidence in their ability to invest in the future.
People were disillusioned with the repetitious collapse of other investment schemes which rose to prominence from time to time.

We resolved to assist people to own their own real estate.
Investment seminars and excellent property management services made this possible.

These residential investments became a store of wealth to investor clients and provided accommodation for those who needed a home to rent.
At a later date we added commercial property to our skill base.

Commercial property meets the needs of entrepeneurs who grow businesses and create employment.

It may also offer a higher rate of cash flow to investors who are dependant upon their rental income.

Today we facilitate employment and accommodation across an increasing number of communities, throught the provision of property management, sales and leasing services for a diverse range of residential and commercial property.

We also design and develop commercial property according to community needs.
I am increasingly convinced that principle centred economic activity is the way to meet the sustainable needs of every community. We are proud to be a part of this great economic solution.”

MEET OUR TEAM

Directors

Commercial Sales & Leasing

Commercial Property Management

Residential Sales

Residential Property Management

OUR STORY

building4

Lin Andrews, Founder and Group Chairman, shares……

“Our Group history goes back to 1969 when my wife (Bunty) and I sat one Saturday night free from socialising. We paused to consider our privileges….

Our questions… “How can our lives make a difference?” That night we resolved to do something very bold!

At the time of these decisions, South Australia was implementing its Development Act 1967 – 1972 and talking a lot about tourism.

We built holiday flats at West Beach and then at Grange. These were followed by an office building, a warehouse and several homes.

During those first years, we invested and established a number of companies in diverse industries but always achieved  our greatest satisfaction in the property industry.

We became agents as well as developers!

As agents we had a passion to assist people who were not generally trusting of Real Estate Agents. Our Agency business grew disproportionately to our other activities… possibly because we really liked helping people.

Most people lacked confidence in their ability to invest in the future.

People were disillusioned with the repetitious collapse of other investment schemes which rose to prominence from time to time.

We resolved to assist people to own their own real estate.

Investment seminars and excellent property management services made this possible.

These residential investments became a store of wealth to investor clients and provided accommodation for those who needed a home to rent.

At a later date we added commercial property to our skill base.

Commercial property meets the needs of entrepeneurs who grow businesses and create employment.

It may also offer a higher rate of cash flow to investors who are dependant upon their rental income.

Today we facilitate employment and accommodation across an increasing number of communities, throught the provision of property management, sales and leasing services for a diverse range of residential and commercial property.

We also design and develop commercial property according to community needs.

I am increasingly convinced that principle centred economic activity is the way to meet the sustainable needs of every community. We are proud to be a part of this great economic solution.”

PUBLICATIONS

WELCOME 

Hello and great to be sharing a few thoughts with you this Autumn month.

Adelaide has again demonstrated its amazing life style with street car racing and fringe activities attracting people and money from far and wide.

It is a pity that we refer to money and people in the same sentence. It would be much better to attract people to share our city’s hospitality without ruining the spirit of new friendship by referring to money. But that is life today!

Everything must be paid-for by some-one.

Everything is measured and assessed. A decision is then taken as to whether the experience will be repeated in the future.

If it is profitable we will do it again!

Adelaide and indeed all of our State is a wonderful place to visit… and a great venue in which to live.

Mediterranean climate nestled between the fisheries of the Southern Ocean and the Deserts of the North. We have something for everyone.

And now Space Technology!

The South Australian footprint of this generation stretches from the red desert hues of the past to the blue space-age of the future.

Our embrace is to our ASIAN neighbours held closely to the embrace of a restructuring Europe and its BREXIT reform… which may benefit Australia.

South Australia blends the ancient past with the future, in a way which attracts people of freedom, initiative and commitment to peace.

This newsletter is designed to dwell on the positives of life and appeal to people of initiative to step up to the plate and be part of an exciting and fulfilling future.

“A home available for everyone”.

PROPERTY MATTERS

For years we have encouraged people who are renting a home close to where they work, to be bold and buy a home where they can afford one, even if they cannot live in it themselves because travel time would be too great.

This advice has been taken by many, resulting in clients owning a home in an outer suburb, but living-in close or even in the city centre to avoid travel or to be where their friends live.

Simply, you continue to rent and help meet the payments of your landlord BUT at the same time you own a home in a different suburb where YOU are the landlord and someone is helping to pay-off YOUR home.

You live where you like, but get the benefits of capital growth on your investment property. Negative gearing benefits may also increase your tax refund cheque.

To do this you MUST have saved a deposit, but long term benefits may be huge.

Story – Buying outside the Square

This month we heard the story of clients of yesteryear who had been working out of Australia. Inflation had been greater than savings and the home sold before leaving Australia was now not affordable to replace.

At first the feeling was that they may have to rent in their retirement. Not a good thought as they had hoped to have fruit trees and rose-bushes of their own in their retirement.

You can’t do this in a rental property.

Our former client was quite concerned and disappointed at their prospects until they took a country holiday.

Driving through small and appealing towns they realised that they needed to expand their horizons…. to think outside the square.

To their amazement they found multiple choices of homes they could afford in areas that others may have called “holiday locations”.
They are now settling-in to a home of their own and THEY OWN IT.

I was thrilled to hear of this outcome as we were involved in the sale of their own home years ago. Inflation had diminished their savings… but great options were still available to them… remember the capital for that home came from another, which had risen in value during the time they owned it some time ago.

DO IT… buy an investment property even if it is in an area where you may never live. The profits may give you options when you have all but given up.


SELLING TIPS

The client of yesteryear was assisted by this company in achieving the best possible price. The home was showing its age and the owners did not know what to do.

Our advice was to:

  1. Let the light into the home by removing the old amber glass in internal glass doors. Replace with clear bevelled glass. In some cases just remove the doors.
  2. Get rid of old curtains that limit the light.
  3. Paint with colours that brighten the house. Make it appealing.
  4. Some rooms had brown carpet replaced with off-white.
  5. Make the garden look “easy care”.
  6. De- clutter.

This was not rocket science but it cost very little and put a lot of extra money into their pockets.

If selling, talk to Nathan Gherghetta at our Head Office and he will get you on track.

THE PREMIER SAYS

At a recent business luncheon the Premier spoke on a number of matters BUT the point that caught my attention is this statement… paraphrased but accurate, “Net migrant intake has been reduced from a negative of 8,000 per year to only half of that. The negative migrant intake last year has improved by falling to only half of the year before. A negative of 4,000”.

I am not taking a shot at the Premier as he at least was recognising the biggest single need of our State. Improved population growth and specifically the retention of people with skills to take us forward.

We need to be talking-up the positives of our land so that we all may be fulfilled and prosper.

COMMERCIAL PROPERTY

Commercial property is always in demand if it is the type of property which business people need to grow their businesses. This has never changed and so we go to a lot of trouble to present a variety of very appealing property to the SME Market.

Many of our clients are doing very well because they have purchased or rented property which is permitting their businesses to grow, or if static in turnover, to diminish costs.

There are always some properties which should revert to vacant land, but there are other properties which bring success and satisfaction to their owners and their tenants.

Our staff will work with you to achieve the “correct” outcome. Phone Mark Andrews to discuss your situation and he will guide you toward the next step of your journey to Commercial Property success.


BANK LENDING… A GOOD MESSAGE

We are inundated with statistics which tell us what the publisher wants us to believe.

There is a strong trend for borrowers to be borrowing to buy homes in which they want to live. This is great news.

Private home ownership provides security and consistency in the short term and research shows that retirees who own their own home are much better-off in retirement than those who are renting. I am thrilled at the trend changing in favour of home ownership.

Don’t be afraid that interest rates are going to rise and make life difficult. Go out and take advantage of these low rates and create your own secure future.


RESIDENTIAL RENTALS

Our experience is that rents are rising due to the diminished number of rental properties available.

If you choose to buy as an investor, you should not be worrying about declining rents or a diminishing rent value.

The rental market is healthy for new investors… but increasingly difficult for tenants.


BODY CORPORATE MANAGEMENT… OR STRATA MANAGEMENT

I would like to introduce you to Graeme Bishop who is our new Head of Strata Management. He is also Deputy Branch Manager of our Salisbury Branch.

Graeme has been with Lin Andrews for circa six months and is already known to some of you. His career has spanned South Australia and New Zealand where he ran his own company. Graeme’s long career has been Property and Strata Management focused.

We invite you to talk to Graeme on 8259 3352 or on graeme.bishop@linandrews.com.au.

TRADIES SHED SALE/LEASE

Pictured is a Tradies Shed built as one of eight such sheds at 78 Woomera Avenue Edinburgh adjacent to Salisbury.

Tradies sheds are designed and built especially for those situations where a small business has outgrown the family home. There comes a time when every business must grow and expand. These sheds feature a pleasant Office for those account books to relocate from a home-office to somewhere outside of the family home.

Modern facilities and shower make it possible to freshen-up and attend evening trades meetings or home presentations. The front roller-door has 4.3 metre clearance with a second roller-door for side access and ventilation. The whole building is 168m² plus a small outside storage area.

Contact Lou Whitelock for more information.

If you would like to get in contact with us, you can email us at linandrews@linandrews.com.au alternatively you can phone our office on

(08) 8234 1212

CONTACT US TO ENQUIRE ABOUT OUR PROPERTY MANAGEMENT PROCESS TODAY