澳洲Australia property buying vacant premises Sydney

在澳大利亚地产投资



just a question from a complete noob in commercial for those who have tried and succeeded the risk of long vacancies is one of the main drawbacks of CIP investment but buying CIP vacant also represent a great opportunity on a discounted price i would know when it comes to residential what 'upside' opportunities there are after seeing a property, but have no idea what aspects scream 'potential' for a vacant commercial so where do u start (or should u just be sticking to leased properties) thanx chris
评论
Evaluating commercial property Vacant commercial properties can represent tremendous value, provided you can buy them at the right price amp; fill them at the right rental rate The key challenge with vacant commercial property will be finance Banks like to see income coming in especially for commercial property Its critical to understand what financiers are prepared to lend on With that aside, you need to work out who your ideal tenant is amp; how their business is doing at the moment If you’ve got a large commercial space amp; the market in this area is for small units, then consider splitting the space via partitioning into small units Small units usually have higher rental yields than large spaces Have a look at the employment adds in the area to see who’s hiring Its also important to assess what competing vacant properties are on the market amp; for how much I would also have a talk to some of the commercial leasing managers in the area so see what their feel is with regards to demand, supply and current absorption Also have a look to see what new commercial stock is entering the market Many of the banks produce quarterly or more frequent property outlooks for each sector Recommend that you do a lot of reading PS commercial property is a broad area, so you’ll need to get specific Type of space, location, size, age, industry etc make a big difference with regards to supply amp; demand Even multi residential sites on a single title are often considered commercial Philip
评论
I'm not sure about the price bracket you are looking at but another thing to consider is demand from owner occupiers If you are looking in the lower price bracket you will be competing with owner occupiers Yield is not at the forefront of the thought processes of owner occupiers They generally assess a property on a loose rate per square metre and whether or not the property suits there specific needs In the current market owner occupiers are tending to pay more for commercial property than investors Just some food for thought
评论
I see heaps of vacant commercial properties around at the moment, and I've thought that one strategy could be to first find a business that is looking to relocate, negotiate what rent they are willing to pay etc, and then find a vacant commercial that fits their purposes You buy it cheap because it is vacant and then have a tenant ready to move in straight away upon settlement The value add is in finding the tenant, which is probably the most difficult part of this plan, because if it was easy to find a tenant, the property probably wouldn't be vacant in the first place
评论
Interesting point Brendio Have you been reading Dolf De Roo's book at all as he discusses this very topic The key to many successful commercial property acquisitions is making your money at the start rather than the end and this could be one very good way of realising this As you also mentioned however quot;how do you go about thisquot; so thinking outside the box is your best bet Perhaps sourcing a database of local warehouse managers you can market directly into and start the conversation around upsizing downsizing or even side stepping into something more suitable to suit their changing needs Does anyone have any other ideas
评论
Adding value to amp; flipping commercial properties with no money down good point Brendio, I had a colleague that did this He found a tenant with a need He found a vacant commercial building up for sale Negotiated a good deal to buy the property at a good rate because it was vacant Signed a 3 year lease with the tenant with an lease option extension Then on sold the commercial building with tenant before the tenant had moved in amp; before he’s settled While he made a motza with no cash down, he was very unpopular with the tenant amp; previous owner He must have told a few stories to both Philip
评论
but there is nothing wrong with what he did
评论
and was he a commercial agent himself ro something to be in the position to discover such a deal in the first place philip
评论
Property Deals amp; Ethics From what I understand he convinced the tenant that he was the owner There were some timing amp; legal issues around the lease, names amp; contract of sale He convinced the tenant that a long lease was in their best interest He convinced the vendor that to find a tenant was difficult, hence good sales price When the tenant realised that they could have purchased the building for less than the rent, they weren’t happy When the vendor realised the property had been flicked at a substantial profit they weren’t happy The new purchaser was unaware of all the transactions amp; dealings going on in the background, that would land them with a property with a disgruntled tenant At the end of the day the transaction was legally binding (with a good solicitor), just a lot of noses out of joint While he was in property sales, he was not a commercial agent The point is; yes there are property deals out there like this that are profitable Usually you need to control one of 4 things: 1 The tenant, 2 The property or 3 The finances, 4 The knowledge In this case he saw an opportunity (the property), added some value (the tenant) then maximised that opportunity on both sides, packaged it amp; flicked it It all boils down to what you tell people, how up front amp; honest you are I’m not sure there was a lot of honesty in this deal Yet it could have been done with everyone winning amp; no noses out of joint
评论
I believe there are plenty of ways to make great profits in commercial property but by deception is not one of them Sure you may get creative with information but outright lyinghmmm I also believe in Karma and if you conduct business in this fashion, then sooner or later you're bound to run into a slicker liar than yourself who will bring you unstuck Each to their own I guess but it shouldn't be that hard to earn a living
澳洲中文论坛热点