Search results

Forgive me Dazz. As far as I can remember, people have always talked only about income wrt CIPs. I posted this thread (thanks for the heads up!) in order to learn more. Then some questions. 1. As far as this particular property. How likely is growth for a property outside suburbia...

I think it's been a worth while exercise here to look at both the rewards and the risks. By better understanding risks, it becomes easier to manage them, should one be in that situation. Something that a residential property can give which I don't see much of in commercial property is capital...

Yes, a good point. And as all of the $60k was able to be used to pay down the loan, there must already be a fair taxable income, so a high marginal rate.

Actually the $1300 pw was the profit, not the total income. The gross income mentioned in the ad was $120,000 pa. With interest of $60,000, that's $60,000 pa which could go towards paying off the loan. So something over $210,000 paid off in 3.5 years. More than that if you had equity on resi...

Thanks Pinkboy. Ok, that raises another question. What's a typical LVR allowed for a commercial property? What sort of range might be given for what sort of properties?

Thanks for your thoughts HandyAndy. Checking it out on the ground would be a must. Although it's not on a road to Brisbane the a does say it's the primary road transport link between Sydney to North Queensland. Another thought I had is that the return may reflect the risk- including the...

Dazz posted this in another thread- I thought it might be worth discussing as a way of learning something about commercial property. It's on the New England Highway in Queensland. It is under contract, so it's all hypothetical at this stage. Some of my thoughts- and I'd be happy to be...