Hi All,
We’ll I’ve just about to invest in my first commercial property – 2 shops and 2 X 1 bedroom units on top
But need some comments on:
1) what is the expected (norm) return of commercial property – what if I said it was 7.5% nett pa?
2) is it true that in order to reduce your interest rate you need minimum 30% deposit on commercial property
3) any additional tax savings or deductions allowed on commercial property?It would be great if anyone else out there has a commercial property that they share any experiences and resources.
If anyone is willing, I would be much much much greatful if I could email a few exisiting commerical investors to discuss things.
Ta, Scout!
Return is hard to say unless you can be clearer on an area.
Country, Rural, Town, City, I mean I would expect more the riskier the area is.
Byronent
Adelaide SA
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