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    Property Syndicate

    I have a small office in the southern suburbs of Adelaide that is currently providing a good return but I am mindful that if the tenant leaves I will have trouble finding another one. I like commercial property but the high entry cost and the high risks at the cheaper end have led me to consider...
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    Adelaide apartments

    I am looking to purchase my first residential IP soon, preferably something with reliable cashflow. CG would be nice but not relying on it. Budget up to $350k. I have been looking at 2 bedroom units <10kms from CBD. I note that there does not appear to be a significant price difference...
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    Commercial property syndicates

    The good news is that I have finally found a tenant for my office after a long wait. The bad news is that the lease is only for 12 months because the tenants are building new premises and need temporary accommodation in the meantime. I think it will always be difficult to attract new...
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    Lease negotiations

    I have an offer on my office but it's an ambit claim whereby the tenants want a rent discount, 3 months rent free and a major upgrade of the building that will cost about 2 years rent. All this for a 3 plus 3 lease! Obviously it's a starting offer and there will be some negotiation but I am...
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    Lease Negotiations

    My strip office has been on the market for 18 months. Fortunately it was under lease for most of that time but I have not received any income for the past 5 months. It has been advertised at $24k. I have received an offer from a prospective tenant to pay $18000 pa from January (5% return), but I...
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    Finding new tenants

    I have a small strip office (163m) with good fitout in the southern suburbs of Adelaide. I purchased it only 2 years ago and the lease is about to expire. Even though the tenant (employment agency) has moved out, I am still getting rent but not for much longer. There are some vacancies in...
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