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likewow
09-11-2004, 03:32 PM
I am looking at buying a small shop for a business venture for my wife and the asking price (and hence the yield) is ridiculous. Would anyone know if the residential research companies sell info on commercial/retail properties...previous sale prices..etc..companies like Residex, AustralianProperty Monitors, RP Data...etc.

If they dont, are there companies specialising in this area?

Thanks for any info.

Andrew_A
09-11-2004, 03:40 PM
RP Data do. From Re.com.au

http://reareports.realestate.com.au/cgi-bin/vgmsg/RP_Reports/rea/rpreahome.p?type=4000008

Also browsing: http://www.realcommercial.com.au/cgi-bin/rsearch?a=bhp&cu=fn-realcom is good for getting comparitive asking price info.

WaySolid

Medine
09-11-2004, 03:50 PM
Recent sales and yeilds are reported in the Fin Review. I think it's on Thursday.

Cheers, Medine.

likewow
09-11-2004, 04:23 PM
Thanks guys, that was quick. :)