Gold Coast boutique agency Kollosche Commercial has been nominated in three categories at the Real Estate Results Awards after a stellar 2021 with more than $180 million in development site and commercial property sales. Kollosche Commercial – led by father-and-son team Tony Grbcic and Adam Grbcic.
Leading boutique agency Kollosche Commercial has been nominated in three categories at the prestigious Australasian Real Estate Results Awards after a stellar 2021 where the team recorded more than $180 million in development site and commercial property sales.
Kollosche Commercial – led by father-and-son team Tony Grbcic and Adam Grbcic - is a finalist for the Boutique Agency of the Year award, while Adam Grbcic is in the running for the Australian Agent of the Year and Queensland Agent of the Year awards.
Adam Grbcic said the awards were recognition of the significant progress they had made since joining Kollosche Commercial two years ago.
“We’ve only been going for 18-24 months but already managed to lead successful big-ticket property campaigns, such as the $45.8 million sale of The Lanes Retail Village and $32.75 million sale of lot 909-915 The Lakes, Mermaid Waters,” he said.
“We believe clients appreciate the expertise we bring to the table from Tony’s experience running real estate agencies both here and overseas over the past five decades through to my experience as a valuer.
“We’ve built up a substantial database of buyers and sellers and are able to collaborate with Kollosche's outstanding residential database of high-net worth individuals looking for investment and development opportunities.”
Adam Grbcic said a key difference between Kollosche Commercial and competitors was their comprehensive approach to due diligence.
“Buyers want as much information as possible before purchasing property so they can make informed decisions,” Adam Grbcic said.
“That is what we aim for when we provide due diligence packs. It also helps to avoid situations where buyers sign conditional contracts that fall over because they haven’t fully understood what they are buying into.”
Adam Grbcic said 2022 was shaping up to be a strong year for the Gold Coast commercial property sector with new infrastructure due to be delivered in the next five years, such as stage three of the light rail network, while plenty of residential developments were in the pipeline from Surfers Paradise through to Palm Beach.
“Importantly, the Gold Coast market is maturing and has moved beyond the boom-and-bust cycles that dominated in the past,” he said.
“Whereas once the Gold Coast market was heavily dependent on the tourist sector, it is now identified as Australia’s most liveable city.
“People want to come and live here for the lifestyle, which is unlike anywhere else in Australia.”
Adam Grbcic said despite the growth in the market, the Gold Coast continued to represent good value relative to the capital cities.
“First-time investors can come into the market and spend $1 million to $3 million on tenanted properties with strong yields. They can’t do that in the capital cities,” he said.
The ARERA awards will be held on February 22 at 5pm AEDT.