Commercial Real Estate in NSW
Your Questions Answered
What is the major benefit of owning a Commercial Property?
In most cases, Commercial properties receive higher annual returns then Residential properties. Commercial properties depending on location, type of tenant, ownership and length of lease, can have annual returns ranging from 5% to 12%.
What are the tax benefits of owning a Commercial property?
Business owners can take advantage of buying the premises they need to occupy. Great tax advantages can be found doing this. A conversation with your accountant will ensure you have the key information on hand to make the right decision.
Do all Commercial Tenants Pay Outgoings?
No, this is a negotiation between the Landlord and the Tenant. Leases can either be negotiated with a Net Rental or a Gross Rental Return.
Net Rental:The tenant pays the rent and then the agreed outgoings are paid in addition
Gross Lease:The landlord pays the outgoings
Can Commercial Property be in a Redevelopment Area?
In most suburbs across Sydney, the main street of that suburb has been or is marked for redevelopment usage. As Sydney grows the council needs to provide more housing and infrastructure and hence this expands the use of the street and may cause for it to be redeveloped. More information about your specific area can be found with your local council.
We offer specialised property services across leasing, commercial and residential sales. So whether you're looking to purchase or sell a commercial space, retail premises or an industrial warehouse, Raine & Horne Randwick | Coogee | Clovelly have the detailed knowledge and experience to help guide you through this decision.
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