Hi,
We are going to be purchasing some investment properties in the new financial year, and I've been wondering about getting a commercial property, rather than, or as well as!, residential ones.
I'm wondering if anyone knows any good resources about commercial property investment.
Also, if you any of you have any information on pitfalls and benefits that you might be interested to share with me. Also information on whether you need to be registered for GST - as a lot of the properties seem to be advertised as GST inclusive. and what kind of rental yields you should expect to see - both gross and net.
Our primary purpose in investing at this stage is cashflow, with a secondary goal of capital growth.
I'm looking both at NSW and QLD at this stage... and looking up to $500 000 price.
Thanks!
Penny
We are going to be purchasing some investment properties in the new financial year, and I've been wondering about getting a commercial property, rather than, or as well as!, residential ones.
I'm wondering if anyone knows any good resources about commercial property investment.
Also, if you any of you have any information on pitfalls and benefits that you might be interested to share with me. Also information on whether you need to be registered for GST - as a lot of the properties seem to be advertised as GST inclusive. and what kind of rental yields you should expect to see - both gross and net.
Our primary purpose in investing at this stage is cashflow, with a secondary goal of capital growth.
I'm looking both at NSW and QLD at this stage... and looking up to $500 000 price.
Thanks!
Penny