Landlord Partnering Opportunities
Landlords are integral to the success of the CIGC project and participating leads to a number of positive outcomes.
How it Works
- Landlords enter into a month to month licence agreement with the project.
- The minimum term is one month, with the length of the term agreed to by both parties
- The project pays for content and plate glass insurance and outgoings
- The project can update the space in consultation with the landlord
Being part of the Create, Innovate Gosford City project and having someone occupy your empty property means:
- Reducing vandalism, squatting and other illegal activity
- Lowering or even eliminating some maintenance costs
- Leads to lower insurance costs – occupied properties are generally cheaper to insure
- Growing the long-term value of the property– creative activity and cultural vitality in an area can push up property prices
- Avoiding devaluation of property – cheap leases can ‘devalue’ property on paper as property values are assessed on lease values
- Attracting visitors and footfall to an ‘Innovative’ local area
- Revitalising interest from commercial tenants
The creative industry is a major employer that has experienced employment growth double that of any other industry.
The creative industry employs 5% of NSW’s workforce, equal in size to financial services and1.5 x the agriculture industry. Employment in the creative industry in NSW has grown at twice the pace of other industries over the past decade.
For more information download a fact sheet or contact us.
LETTER OF SUPPORT FROM CURRENT LANDLORD
Mr Raymond Wong is property owner for the properties 102 Mann Street and 109a Donnison Street, Gosford.