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Aaron, are you saying that I can obtain a loan to purchase commercial property at around 5%?

Hi John, Thanks very much for your thoughtful and informative post. Many good ideas which I shall take on board. A few issues: 1. I am not sure that there are many full time buyers agents for commercial properties. 2. Comparable market rents are hard to ascertain with no ready source...

Surely, most novice investors on their first IP must conduct micro DD and engage in personal physical presence?

Although I understand that it does not make investment sense, I would still prefer the first IP to be in NSW, preferably in Sydney. Gives me a greater sense of security that I can check it out easily and conduct close quarter micro due diligence before and after purchase. I also like long...

Will do thank you once I find the next property for assessment.

But surely, appreciation in land value would also contribute to capital gain and a rise in the value of land and building when it comes to resale? Lets say all other things equal, a land & building in Sydney cbd over ten years would have better appreciation potential than land and building in...

Very correct, but increasingly, my feeling is that I will probably only want to purchase one "set and forget" property investment -allowing me to diversify my investment portfolio and generate a passive income indexed to inflation. I can't see myself endlessly searching for more IPs - it has...

I am just wondering whether there is some sort of professional service which conducts all an investigation into all of the questions that have been raised in this thread regarding a purchase of commercial property. I understand that there are valuers, surveyors, brokers, building inspectors...

Thank you all for all the kind suggestions. I have learnt a lot from this thread and all the good advice given. But just had an update on both and it means that I am back to realcommercial.com.au 1. Neutral Bay medical centre has just been sold. 2. On phone discussions with Tweed...

More info has arrived with regard to Tweed 1. Lease commenced in 2000. Initially 10 years then a further 8 by 5 years options, so 37 years from 2013 2. Annual 3% rent rises + open to market review when options exercised 3. The price buys building and land 4. The tenant is Healthscope an ASx...

The tenant for this property is an ASX listed company that runs about 22 hospitals in this country. I think it will be their responsibility to maintain standards and credentialling. This is usually not a problem. Most private hospitals have been around forever. I am also wondering what are...

I would be interested to know what the brokers on this forum think about the above. I would like to talk to a financial advisor but in my extremely limited experience of just one - they have no idea. Certainly, they have not owned commercial property. My accountant who does my annual tax...

Geoffw, what does this last bit mean?

I have emailed the agents for further details on both properties with regards to the timing of leases, contracts and CPI info, etc. The Tweed situation would consume absolutely all my resources - LOC on PPOR, savings, share holdings - probably be at 50-60%LVR at $4mil. I understand...

From Wikipedia, it says that tweed heads shares its economy with coolangatta, a suburb of gold coast. The wikipedia entry for gold coast says that tweed is part of gold coast. http://en.wikipedia.org/wiki/Gold_Coast,_Queensland My understanding is that a lot of people who live in Tweed...

I would be grateful for your opinions on the following two commercial properties. One: http://www.realcommercial.com.au/property-retail-nsw-neutral+bay-500658279 Pros: Long term stable medical tenants present since 2003 5+5 year lease Located in busy commercial precinct in...