Hi all,
Just wanting to find out everyone's views on buying an investment property that is backing to an industrial estate.
I am currently looking at an investment property in Beenleigh, Queensland, and it appears to be good in all aspects, except for its proximity to industrial estate, and in fact that it backs onto empty lots of industrial estate land (which are currently for sale).
Currently, the existing businesses on the industrial estate (further away from the investment property I am looking at) are plumbing supplies, tile supplies and a truck repairs business.
However, the industrial estate lots, just behind the investment property I am looking at, are empty and for sale, and it will be impossible to know what businesses will be set up just behind the fence of the investment property.
What are the views of everyone on the location of the investment property? I am still deciding whether to further negotiations or walk away.
Regards,
linglc
Just wanting to find out everyone's views on buying an investment property that is backing to an industrial estate.
I am currently looking at an investment property in Beenleigh, Queensland, and it appears to be good in all aspects, except for its proximity to industrial estate, and in fact that it backs onto empty lots of industrial estate land (which are currently for sale).
Currently, the existing businesses on the industrial estate (further away from the investment property I am looking at) are plumbing supplies, tile supplies and a truck repairs business.
However, the industrial estate lots, just behind the investment property I am looking at, are empty and for sale, and it will be impossible to know what businesses will be set up just behind the fence of the investment property.
What are the views of everyone on the location of the investment property? I am still deciding whether to further negotiations or walk away.
Regards,
linglc