guppy1 replied to the topic What do you look for in a commercial property investment? in the forum Commercial Property 13 years, 8 months ago
>You can buy small Commercial Industrial properties from 130,000$ to 200,000$ to suit your budget, with a 6-7 % return on rent. > My insurance broker has retired with his house in Mount Eliza paid off, and bought 2 Industrial 1 investment properties as a nice money earner on the side to help with retirement.> My father did the same. Family home…[Read more]
guppy1 replied to the topic What do you look for in a commercial property investment? in the forum Commercial Property 13 years, 8 months ago
> With Commercial it's all about "traffic", "street frontage" and " parking". Business Zone 1 ( retail) and Industrial Zone 1 ( factories and workshops) are the best you can get. > Great thing with small factories, you can do Industrial leases and Retail leases ( just apply to council, they usually ok it if there's enough parking)> Fac…[Read more]