FRANCHISE NEWSNEWSNSW

Raine & Horne launch new Belmont office

Raine & Horne has launched its eighth office in NSW’s Hunter region with the opening this month of Raine & Horne Belmont.

The new office will be led by local sales agent, Lisa Borstel, who will be supported by business partner Colin Bice, who previously led Raine & Horne Wallsend.

Sales star, Simon Rainey, who has worked within the Raine & Horne network regularly over the last 20 years is also an integral component of the Raine & Horne Belmont team. The new office will also employ a team of two property managers.

Ms Borstel who joined the real estate industry in 2003 after 15 years with Hunter finance heavyweight, Newcastle Permanent, has worked for several major real estate brands and independents in the Belmont region.

“This is my first foray into my own small business which is very exciting, and I’m delighted that I will have the support of Raine & Horne and a business veteran such as Colin, who has owned and operated eight real estate offices over the last 20 years, including Raine & Horne Wallsend.

“Colin has so much knowledge and will be providing a mentoring support role for me.”

Looking ahead to 2019, Ms Borstel said Sydney downsizers will continue to drive demand for Belmont real estate. She explains. “Sydney buyers are attracted by our median three-bedroom house price of $625,000.”

“There has been a lot of apartment development that is attracting Sydney buyers seeking a sea change for retirement. Baby boomers are buying now for retirement or securing an investment property that will become part of their post-work plans in 5-10 years,” Ms Borstel says.

“Belmont is only 20 minutes to the Newcastle CBD, has plenty of schools for younger families, and is bookended by Belmont Bay and the Pacific Ocean on the other side.”

Belmont also has several shopping centres anchored by Coles, Woolworths, Aldi and Bunnings. “The big supermarket chains and Bunnings only establish outlets in areas that they believe have growth prospects,” Ms Borstel offers.

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