Primarius Blog - Commercial property ownership

Muriel Oliver
Update | 24 Oct 2020

Being a commercial property landlord can (like all things!) be an opportunity or a risk, here are a few things to consider:

  1. Tenant responsibilities: there are a raft of additional responsibilities for tenants, read more in our recent update - click here.
  2. Own tenant: it often worth considering becoming buying your own business premises, we recently listed some of the things to consider - read more here.
  3. Return: the general risk vs return rule applies here.  Commercial property often yields a higher return, but the chance of having a vacant property is much higher, especially in bespoke or "custom built" properties.  This time last year we penned this update on Perth Property and one year on the situation is that the residential rental (and even sales market) has picked up and is almost buoyant. However, there are still offices, shops and warehouses vacant everywhere with landlords forced to offer rent-free periods and other incentives.  In West Perth there are still 1,010 offices for rent.

So, do your research carefully and think of it is a 15-20 year investment.  We have a wealth of experience int his area and are able to advise on the business, taxation, structuring and loan considerations in relation to property, just email us on wealth@primarius.net.au if you need assistance.

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