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  1. geoffw

    Opinions on two commercial properties

    One agent was mentioned earlier in the thread. He should be able to help you with point 2.
  2. geoffw

    Opinions on two commercial properties

    I think the idea is that, as a buyers agent, he could help you to find that property for assessment.
  3. geoffw

    Opinions on two commercial properties

    I don't know what would happen with the price of land. Probably a big increase in land price in Sydney CBD would have been achieved by putting much taller buildings on the same piece of land. There's a limit on how high that would go. Your yield in Sydney CBD would be smaller. Walgett...
  4. geoffw

    Opinions on two commercial properties

    If you're looking at commercial capital gain is generally a different animal to residential. Generally the capital value is linked to rent. If the rent is linked to inflation, as it may be with a longer lease, then the value is likely to be also linked to inflation. The value of the tenant may...
  5. geoffw

    Opinions on two commercial properties

    A fair point. I do know of a case where a property which had details posted (not explicitly, but enough details that it could be identified), where forum members bid against the poster. At least these give an idea of what China is thinking so may help to clarify future responses when details...
  6. geoffw

    Opinions on two commercial properties

    I'm sorry. "Especially if you are going to be owning in the name of a trust". Late at night + autocorrect. Land tax provisions may be different if you own land in the name of a trust. In NSW there's a limit you can have without paying land tax, but that limit doesn't apply with a trust...
  7. geoffw

    Opinions on two commercial properties

    The other thing to check with a comm loan would be the P&i term. I don't know if a comm property loan gets treated like a comm loan for a business, where the P&I term is only for the term of the lease. Ten year P&I vs 25 year can have a huge difference in repayments. I wouldn't be going in for...
  8. geoffw

    Opinions on two commercial properties

    That comes down to semantics really. The Wikipedia article talks about the Gold Coast metropolitan area, so includes Tweed Heads- not as a part of the region, just as a part of the extended city. For you the more important issue would be the land tax you would pay in NSW vs the land tax over...
  9. geoffw

    Opinions on two commercial properties

    5+5 from now or since start of lease in ??? If it was now, then quite reasonable. The location seems prime to me- I would not have thought that there would be a shortage of tenants even at the end of a lease. Would Tweed be going beyond your means? I don't know how much you could get on a...
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