No. Residential leasing gives you a strong base. Many candidates start with a small commercial brief or a support role (Leasing Assistant/Analyst, Lease Admin, Assistant PM) while they upskill.
Often, yes—commercial leases are larger and multi-year. The ranges in the diagram show typical AU salaries by role; many see a 20–40% uplift once established. Expect a ramp period and fewer (but bigger) deals.
Mostly no. Commercial inspections, negotiations, and sign-offs are usually Monday–Friday with business clients.
Typically weeks to months. Expect a staged process (brief/proposal → Heads of Agreement → Agreement for Lease → Lease) with more stakeholders (solicitors, PMs, contractors).
Understanding how lease terms drive cash flow (incentives, rent reviews, outgoings, securities, make-good), clear communication, and clean document handling. Basic Excel (calculating net effective rent) is a plus.
Results, not tasks. Example: “Renewals +5% vs prior, vacancy down 3 pts, +$120k annual rent.” Include building types, portfolio size, and any work on term sheets/renewals.
Often. Commercial leasing involves confidential terms (rents, incentives, outgoings). Share details only with qualified parties.
Leasing Assistant/Coordinator or Analyst, Lease Administrator, Assistant Property Manager (leasing focus). These roles build your commercial toolkit quickly.
Yes. A resimercial (hybrid) approach—maintaining residential while taking on small commercial suites/strata industrial—reduces income risk and builds case studies.
You don’t need investment-bank modeling. You do need to price to market, compare gross vs net rents, and compute net effective rent. You’ll also work with rent reviews (CPI/fixed/market) and understand outgoings and securities.
Requirements vary by state/territory. Check your local regulator (e.g., Fair Trading/Consumer Affairs) for the exact licence or registration needed.
Shadow a live lease, help with tours/admin, sit in on leasing discussions, or assist a local developer/landlord on a small brief. Turn each into a short, outcome-based case study for interviews.
Occupancy/downtime, renewal spreads, net effective rent, quality of incentives, and tenant retention.