Can you help me find and purchase commercial property?
Yes! We help investors like you everyday. Our expert team has in-depth knowledge of the Melbourne property market and will save you time and money by finding the right commercial property, in the right location, at the right price.
When you buy the right commercial property you can enjoy:
- Higher rental yields.
- Longer leases.
- Stable and reliable long-term tenants, such as large corporations and government departments.
- Fewer outgoings including rates, insurances and maintenance (which are generally payable by the tenant).
But buying commercial property is complex and can end badly for inexperienced or ill-advised investors. Market price is affected by many factors like rental yield, length of lease, type of tenant and the fit-out and adaptability of the building.
Because of the complexity of the transaction, securing and concluding a purchase of commercial property also requires very different negotiations to those you may be familiar with in residential property markets.
Investing in commercial property also typically means:
- Paying a bigger deposit to lenders.
- Higher vacancy rates.
- Lower capital growth.
Because buying commercial property has the potential to provide higher rental returns and long-term tenancies, it is particularly appealing if you are looking for strong income and/or want to diversify a residential property portfolio. Like any investment decision, it’s important to weigh up all of your circumstances and take advice from trusted professionals before you decide whether buying commercial property is suitable for you.
