Michael Burgio - Novak Properties

Michael Burgio - Novak Properties #1 TOP COMMERCIAL SALES AGENT NSW & ACT 2020 ANNUAL REA EXCELLENCE AWARD WINNER!

#1 TOP COMMERCIAL SALES AGENT NSW & ACT 2020
2020 ANNUAL REA EXCELLENCE AWARD WINNER!

06/09/2026

EP1734 The office SURVIVAL guide

05/09/2026

EP1735: Budget Boom Sends Mum & Dad Investors Into Commercial Property

02/09/2026

COMING SOON FOR SALE | CROMER ๐Ÿญ

Rare industrial opportunity coming soon in one of the Northern Beachesโ€™ most tightly held industrial precincts.

โ€ข 482mยฒ net sale area
โ€ข 595mยฒ total strata area
โ€ข 8+ car spaces + double garage
โ€ข Existing spray booth & exhaust system
โ€ข Automotive / mechanical fit-out
โ€ข All works completed
โ€ข Ideal for owner-occupiers or investors

๐Ÿ’ฐ Price Guide: $2.55M โ€“ $2.7M

๐Ÿ“ฒ Contact Michael Burgio for early access before the property officially hits the market.

NOVAK Commercial

NorthernBeaches NOVAK

31/08/2026

๐ŸŽ™๏ธ MORNING MINUTES MINI CLIP | EP. 1730

๐Ÿ  $560,000 IN GOVERNMENT TAXES, FEES & CHARGES ON A $1.2M HOUSE & LAND PACKAGE

How did housing become so unaffordable?

On a $1.2 million house and land package, approximately $560,000 can now be attributed to government taxes, fees and charges.

And apartments arenโ€™t stacking up either.

๐Ÿ—๏ธ Building costs have climbed from roughly $250Kโ€“$300K per apartment pre-COVID to around $800K+ today.

๐Ÿ“‰ A developer could need around $1.2M to make a one-bedroom apartment stack โ€” yet the market may only pay around $900K.

Thatโ€™s potentially a $300,000 loss on every one-bedroom apartment sold.

And developers canโ€™t simply stop building one and two-bedroom apartments โ€” planning and design requirements generally require a mix of apartment types.

The result?

Developers sit on the sidelines.
Land values get squeezed.
New supply doesnโ€™t get built.
And housing affordability gets even harder.

If the numbers donโ€™t stack up, who is going to build the homes we need?

Michael Burgio & Mark Novak | NOVAK

Development RealEstate NOVAK

31/08/2026

Monday Night Real Talk Weekly with Thomas Sims & Harry Larcos

31/08/2026

We caught up with Rob, the developer behind Forest Industrial Park at 7 Rodborough Road, Frenchs Forest โ€” quite possibly the biggest privately developed business park in Australia, and definitely the one sitting across the road from the biggest Bunnings in Australia. (If Bunnings did the homework on location, we're happy to copy off their test.)

Rob's a man of few words. "Sales have been strong. Rentals have been strong. Very happy." That's the whole speech.

Here's what's left in the box:

Storage units โ€” offers over $230,000. Two metres longer than a normal garage, two metres wider, six metres high. Kennards next door has 650 units you can't buy. Storage King has 1,000 you can't buy. We have about five you can.
Warehouses โ€” offers over $1.15M. Two-storey, concrete, office upstairs, cars downstairs. Brookvale traffic not included.

And the bit worth calling your accountant about: the budget left commercial and industrial alone. Your super can't build a house anymore, but it can still buy one of these โ€” and borrow up to 70% to do it.

Rob's next project is a few streets away, and I'll tell you now: half the Novak office bought into this one. Get in before the staff do again.

31/08/2026

Understanding proposals for Warringah Mall and Brookvale from ๐Œ๐€๐‘๐Š ๐๐Ž๐•๐€๐Š ๐ŸŽฑ and Lisa Novak

Address

822 Pittwater Road
Dee Why, NSW
2099

Telephone

+61430344700

Website

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