Hi ..I am hoping to purchase commercial property in Victoria.My budget is around 300K to 600K.What are the advantages and disadvantages.If somebody can enlighten me, will appreciate it.Not sure whether I am going to make a right choice as the property market is bad these days and also unsure what type of properties I need to look for (Office,warehouses).
Buying commercial property
- Thread starter trueblue123
- Start date
As I need to avoid costs of maintenance, rates and repairs on the property
For that price, you'd get some pretty inferior stuff. Ask yourself, would you be able to operate a business in such an inferior location and afford the rent? Would you want to? If not why do you think someone else can or would?
Why? What if you get a gross lease?
