Securing the right tenant on the right terms.

Vacancy is the single greatest threat to commercial property performance.

Nimbu Commercial’s leasing practice applies a structured, evidence-based approach to tenant identification, qualification and lease negotiation that prioritises sustainable income over expedient occupancy.

Not all tenants are created equally.

Rental Assessment

We establish an accurate market rental range for the premises based on current comparable leasing transactions, adjusting for the property’s specific attributes, presentation quality, car parking ratio, and incentive market conditions. We do not inflate rental expectations to win a mandate.

Tenant Profiling

Not every enquiry warrants a tenancy offer. We assess covenant quality, trading history where applicable, proposed use and the tenant’s capacity to meet the financial obligations of the proposed lease before advancing any negotiation.

Heads of Agreement

We negotiate a comprehensive heads of agreement that captures the agreed commercial terms including net rent, outgoings liability, incentives, fitout contributions, option structures, demolition clauses and make-good obligations before any formal lease documentation is prepared.

Lease Execution and Handover

We coordinate lease execution, bond lodgement and condition reporting through to tenant handover, and remain available to the property manager through the establishment phase of the new tenancy.

Lease Structures Nimbu Commercial Negotiates

Gross leases

Appropriate for certain use types and specialist tenancies where outgoings certainty is required. A gross lease can be right for you.

Net leases

Standard for industrial and retail, with landlord recovering all statutory and variable outgoings over and above base rent.

Incentive structuring

Rent-free, fitout contributions and rental abatements assessed against market conditions and the tenant’s covenant.