Beginner’s guide to buying a commercial property for investment -Part 1
Most property investors get started by investing in
residential property. It is usually the familiarity with residential property
through being a tenant in someone else’s investment property and then buying
your own home that gives potential property investors the understanding and
confidence to purchase residential property as an investment.
Unless you run a business that leases a commercial property
or are involved in the part of a company that deals with lease of its
commercial property you probably will not have the same familiarity with this
property type(s). This does not mean that commercial property cannot be a good
investment but it is prudent to do some research and understand any potential
investment before investing.
Increasingly it is not just Australians that see the value
in investing in Australia’s commercial property. Foreign buyers are
increasingly showing interest and investing in Australia’s commercial property
market.
Commercial property is a bit different from residential
property in the leasing terms and conditions, GST implications and where the
responsibility lies for the building expenses.
This beginner’s guide to buying a commercial property for
investment describes some of the issues that you should consider when considering
purchasing and leasing a commercial property.
This is not an exhaustive guide. You should get professional
advice before proceeding.
Continue to part 2 - Types, returns and risks of investing in commercial property
Find the full guide here: Buying a commercial property - guide for investors
Are you interested in financing a commercial property?
Oak Laurel finance brokers have commercial finance experts that can help smooth your experience when comparing and obtaining commercial property finance. Contact an Oak Laurel commercial property finance broker.
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