narangba industrial qld or commercial office lindfield syd?????

[mogul]

hi all,
id like some advice on 2 potential properties

i was looking at buying investment industrial unit in narangba. the price is approx $400k with a return of 7.5% nett.the building is brand new so would have good depreciation? i have a couple of questions for people who know the area or have previusly held commercial properties:
1. do you think rentals will be easy to achieve in this area?
2. are the returns adequate/realistic?
3. do these type of properties appreciate same as residential?
4. do you think it is a good investment?why/not?

the other is an office in lindfield sydney. the advantage is that lindfield is quite an upmarket suburb close to sydney cbd, however the rental is only 5.5%.
which of the 2 would you buy????why?

lots of questions but thanks for the help.

 

[WinstonWolfe]

Why not contact a few REAs in both areas as a prospective lessee, and ask what they have available and at what price.

I've heard Narangba area is undersupplied with commercial (not sure whether retail or industrial), and Caboolture Council have not planned/zoned enough future commercial property.

Nevertheless, you also want to consider the demographics of both areas, and which is likely to do better in a recession.