From: Derrick Barden
Wanting to become involved in commercial property and without any previous experience I was wondering what I need to be looking at.
Looking through the internet I found a property which I thought seemed like a good investment. Inner city office priced at $220K, 159 sqm and return of $220 per SQM. These figures sound too good to be true. Or am I missing something?
What other expenses do I need to take into account? What else should I be looking out for? Any feedback would be much appreciated.
I've been following this forum for the past 2 months and have found it very interesting and beneficial. Keep up the the good work everybody!
Cheers
Dwib.
Wanting to become involved in commercial property and without any previous experience I was wondering what I need to be looking at.
Looking through the internet I found a property which I thought seemed like a good investment. Inner city office priced at $220K, 159 sqm and return of $220 per SQM. These figures sound too good to be true. Or am I missing something?
What other expenses do I need to take into account? What else should I be looking out for? Any feedback would be much appreciated.
I've been following this forum for the past 2 months and have found it very interesting and beneficial. Keep up the the good work everybody!
Cheers
Dwib.
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