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  1. M

    commercial

    Dear Pom and grossreal, Thanks for the options, i will gather up a proposal and see what happens. Thanks, Michael
  2. M

    commercial

    Thanks for all the feedback. Rob, I agree with you, I think the commercial landscape will be better in 2 years time. Rolf, yeah you are right I don't want to sell because by nature I am a accumulator, but commercial property is all about cahflow and if I am going to get less income than why...
  3. M

    commercial

    Thank you for all your input on this matter. I am looking at being proactive with my property, I am mindful of a vacant property in 2 years and the prospect of a decrease in rental income is not attractive. The other concern is banks forcing me to sell in two years due to no rental income...
  4. M

    commercial

    Hi all, Just needing some advice about a commercial property I bought 6 years ago for $1.2M. I bought it with a current 10 year lease with a multi national, the current lease has 2.5 years to go before it expires. Current rent is $98K. The current market rent is 65K without this tenant...
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