+61 3 5975 1128
+61 418 377 038
Mornington Peninsula
from Seaford to Sorrento, the south-eastern
suburbs of Melbourne and country regions

Thinking of Selling your commercial or freehold property with Maguires Real Estate?

What is the process for listing my commercial property with your agency?
- Once we have received your phone or email enquiry we will contact you to discuss the property you are planning to sell and arrange a time to meet for an inspection

- You should bring to the meeting any relevant documents you have e.g. Section 32, copy of current lease and recent rental statements, site plans (lot and buildings) stating area size, zoning etc. as well as other information you have about recent commercial sales in the area and what other vendors are receiving for rent and sales per square metre. We will also bring our own research data.

- We can arrange the meeting at a time to fit in with your tenants and their customers or staff.

- After inspecting the property we will provide an appraisal of the best price to ask for the business in the current market.We will then explain to you any charges involved in marketing your business (see below) and rates of commission. Please note that, under Victorian government legislation, we need to inform you that both commission and marketing charges are negotiable.

- We can discuss times for inspection, sign boards and photography

- If you decide to sign either an Exclusive or General Authority to list your commercial property with us we will write up a description of your property for you to approve or amend and then begin to list it on our website and on a number of the commercial internet sales sites.
How much do you charge to sell my commercial property?

There are two components to real estate agents' fees:

1. Fees for advertising and marketing

Under Victorian legislation fees for promotion and advertising of your business should reflect the actual cost involved. These costs are significant and and can involve expensive subscriptions by the agent to real estate websites. Many commercial property owners are selling because of the high cost of mortgages and overheads. Our approach is to avoid adding extra to your already considerable costs. Therefore we have restricted our advertising and set-up costs to a maximum of $1,000 per commercial property. This is a one-off fee and it allows you to remain on the sites below for as long as it takes to sell your business.

This standard fee covers free *standard listings on the websites below, photography and copywriting, signage and preparation of draft Contract of Sale. of Business:
  • www.maguiresrealestate.com
  • www.businessesview.com.au (REIV)
  • www.commercialrealestate.com.au (Domain) (freehold)
  • www.realcommercial.com.au
* Separate charge if you request an upgraded listing on some of these sites.
2. Agent's commission fees

Please note that, under Victorian government legislation, agent's commission fees are negotiable. There is no charge payable to our agency if we are unsuccessful in selling your business. Our standard rates for a successful commercial or business sale is as follows:

Charge for sale of commercial freehold property

2% + GST

Charges for business sale (if sold as part of the commercial sale)

$8,900 + GST if sold for up to $150,000

OR

6% + GST if sold for over $150,000


Commission is paid at settlement and is usually taken from the purchaser's deposit, which is generally lodged in our Agency Trust Account.