Hi there
Its to late at night to go through all the forums for a question like this to see if it was asked before. Is investing in office space worth it say something like this http://www.realcommercial.com.au/cgi-bin/rsearch?a=o&ag=&s=nsw&c=88498958&tm=1126961191&id=5123089&f=0&p=10&t=of-buy&ty=&snf=bs&cu=fn-realcom&fmt=&header= or something like this
http://www.realcommercial.com.au/cgi-bin/rsearch?a=o&ag=&s=nsw&c=43636510&tm=1126961320&id=5106261&f=0&p=10&t=ot-buy&ty=&snf=bs&cu=fn-realcom&fmt=&header= or even other kinds of offices either in the cbd or parramatta, are they worth investing in or is it better to go more with housesIt depends on what you are trying to achieve with the investment. Most people’s goals don’t get any more refined than just “Oh, I just want to make heaps and heaps of money.”
Offices are OK with me, but I may have different goals to you.
The two examples you’ve put up look very so so, with no land component to speak of, and a really poor nett yield.
You’ve asked how they compare with ‘houses’, but you haven’t proposed any for comparison ?? What exactly are you comparing the offices to ??
Cheers,
Dazzling
“No point having a cake if you can’t eat it.”
Ah i just added them on as an example not to compare with anything, just a quick search on that site, I wasnt looking at the price or the returns, I was just trying to give an example of what I was talking about. I would like to get into the property market and I am not sure of what way to go about it although I am thinking about seeing a financial advisor either with my bank westpac or http://www.moneysolutions.com.au. My question is, is it worth going and buying office space as a 1st investment or is it better to first go with residential, If say a office space in parramatta CBD is worth investing in such as this 1 http://www.commercialrealestate.com.au/72197
or this 1 http://www.commercialrealestate.com.au/43350 and even this sounds interesting http://www.commercialrealestate.com.au/58794. Just alot of questions, I wish to get into the property market.[cigar]Im looking for long term investment not quick cash although if i can get that y not. But its more long term investment in the property market in both commercial and residential. I will also be going to Afghanistan next year to look up oppurtunities there, for we own around 25 hectares (300 hectare with all the cousins +++) where they wish to rebuild new Kabul city and I want to c also whether I can buy property there, some parts of kabul are more expensive than sydney and rent is anywhere between 5k to 10k a month for some builds. Sorry off the topic I know
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