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    First Commercial Property Journey

    Here are some resources for anyone doing a comparison of retail tenancy laws by each state, at this point I'm only doing NSW/QLD/VIC as that's where my shortlisted suburbs are for my first purchase. Comparison...
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    First Commercial Property Journey

    Thanks Scott and Chilli, doing some research and I'm starting to think it will be retail. My budget is keeping me regional. Offices don't seem to have adequate yields, and industrial feels like there can be supply issues with regional areas as there is a lot of land for business parks on the...
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    First Commercial Property Journey

    Thanks Aaron, makes sense - I'm better first selecting between retail / industrial / office etc before I can then evaluate the right area eg. Retail could be good in dubbo but poor in bathurst, while industrial could be great in Bathurst but poor in dubbo. I'll make a decision on which...
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    First Commercial Property Journey

    Thanks Scott, definitely will do. A few of those are in my target list also - particularly Dubbo and Ballarat. I'll investigate the others also. I'm definitely finding that deciding on the area is more challenging than resi as the same data just isn't available. Scott - Are there any...
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    First Commercial Property Journey

    Thanks Roy, very limited research so far in terms of actual suburbs. I like toowoomba, Newcastle, and Dubbo at the moment, but I quickly realised that my usual sources for screening suburbs don't work for commercial eg can't find published vacancy rates, yields, etc. as pinkboy pointed out there...
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    First Commercial Property Journey

    Thanks Pinkboy, that is very open and constructive. Gifting equity from resi LOC could definitely be an option, and it seems a smart way to access the equity while keeping the structures separate. I will definitely investigate with my broker and thanks for the idea! I could also sell down...
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    First Commercial Property Journey

    Hi Forumites, Firstly thanks for all the wise words that have been shared in this space, it's helped a lot on my investment experience so far. I have three residential IPs and am now expanding my strategy to start looking for my first commercial IP. I am going to document my experience...
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    Toowoomba Property Manager

    I use Fastrack properties and I've been really happy with them - have one property with them and about to give them another to look after.
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    Duplex Development Toowoomba

    Really valuable, thanks for sharing Decimator!
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    South Toowoomba - is this a good invesment

    Toowoomba suburbs I've recently exchanged contracts on a property in Toowoomba and it is definitely a rising market - multiple offers on properties in their first week, and a lot of networking with agents to get properties that aren't listed yet. The eastern suburbs (Rangeville, Centerary...
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    Renegotiating based on building report

    For my first property, I'd initially offered $320K and I negotiated a $10K discount successfully following building report. It was a unit that needed new brickwork, replacing window frames, replacing hot wate system, etc. In hindsight though, I'd probably offered them $10K too much to begin...
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    Inner West Sydney - St Peters

    Hi WornBlack, I live right around the corner from St Peters, and the Inner West (Enmore, Newtown, Marrickville, St Peters) have all had steady growth and high demand in recent times. As Newtown has become more expensive, this is rippling to Marrickville and St Peters. Enmore in particular...
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