I hear from the grapevine that there are commercial properties in North Lakes here in Brisbane with yields of around 12%. Tenants are government departments with 3 x 3 x 3 options.
Thought that was a good start, I investigated on the net but found nothing. Anyone else heard about this sort of stuff?
Is North Lakes a good place? I know it was up and coming a few years back - am I too late for this?
Also what other expenses should I be aware of - I know that when tenants move out in commercial premises there is usually a fit out period for the next tenant - is the landlord paying for that?
Thanks
Thought that was a good start, I investigated on the net but found nothing. Anyone else heard about this sort of stuff?
Is North Lakes a good place? I know it was up and coming a few years back - am I too late for this?
Also what other expenses should I be aware of - I know that when tenants move out in commercial premises there is usually a fit out period for the next tenant - is the landlord paying for that?
Thanks