Has anyone considered investing in motel/ hotels in Tasmania.It is possible to find properties in the 1-2M range that yield 8-12% for the freehold. the leasehold is sold to an operator for say 30 year term. My boss has 10M plus of properties and was advised that these properties are undervalued. The broker sources a deal for 1.8 % commision. These…[Read more]

Dear Steve,
Thankyou for your comment.
i was initially drawn to make an investment in commercial property, as i realised I could not afford to negative gear another residential property in a blue chip Melbourne Suburb. I was an underbidder on an office floor in the same building. However my wife was keen to purchase the basement when the bidding…[Read more]