LVR for Commercial Property

Viewing 6 posts - 1 through 6 (of 6 total)

Simon_G
Member
@simon_g
Join Date: 2005
Post Count: 56
July 4, 2005 - 2:31 am
As a rule of thumb could someone please advise me what LVR I would be looking at for a commercial premises that is 47m2.
I have foound one returning 16%!!
Thanks,
Simon
Mobile Mortgage
Member
@mobile-mortgage
Join Date: 2003
Post Count: 913
July 4, 2005 - 4:09 am
Approx 60% – 70% lvr for commercial, depending on the type of security and a host of other factors, cheers.
Regards
Steven Crane
Mortgage Broker
Mobile Mortgage Market
Ph: 0402 483 216
[email protected]
http://www.mobilemortgagemarket.com.au
PLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
July 4, 2005 - 2:04 pm
Location and tenant will be very important. Is it a shop, office, factory unit?????
TMA
http://www.email4money.info
Essential Links
First Home Buyer Website
Simon_G
Member
@simon_g
Join Date: 2005
Post Count: 56
July 5, 2005 - 2:35 am
It’s an office. Two rooms and a bathroom. It is in an area where the population is about 150000.
KS
Member
@ks
Join Date: 2005
Post Count: 16
July 5, 2005 - 5:10 am
Nice return dude!
Address? – mwhahahaha
Nah – Hope it works out for you – If not let us know why please as I myself am interested in the possibility of a commercial property.
<KS>
Is it about the money?
DAMN STRAIGHT IT IS!
Robbie B
Member
@robbie-b
Join Date: 2004
Post Count: 2,493
July 5, 2005 - 5:32 am
Offices will be at the lower end of the LVR market. They are higher risk.
TMA
http://www.email4money.info
Investor Links
First Home Buyer Website