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To those who’ve never stuck a toe in the commercial property investment pond, the idea can appear complex, expensive and downright daunting.
But getting into the commercial property market – which includes any kind of real estate used for a business, from cafés and retail stores to car parks, warehouses and even doctor’s office – can be lucrative when done right.
Among the reasons why buying a commercial investment property can be a good idea are:
- Portfolio diversification
- Longer leases
- Higher returns
- Superannuation benefits
- The tenants look after it.
I believe you must engage a Buyers Agent with every property purchase, Using a Buyers Agents/Buyers Advocate and Property Advisor is key to more property investment success. These are extracts from my latest book “The Australia Property Investment Handbook 2018-2019″. In all good book stores now. Also Read Property Finance Made Simple and Property Investing Made Simple.