Our experienced sales team at PRD Norwest are continually marketing quality commercial investment opportunities. Our extensive experience in both sales and property management allows us not only assist you with purchasing a property but to continue to assist you with the ongoing management to maximise your property's performance.
There are significant benefits to investing in commercial real estate, These include
Longer lease terms - the majority of leases range from 2 - 5years which is much longer than a residential lease term
Higher rental returns - ranging from 7 - 8.5% p.a
Outgoings - the majority of lease agreements will be referred to as Net leases, whereby the tenant is responsible for the payment of outgoings, such as water rates, council rates, strata levies and management costs in addition to the rental
Lease conditions - commercial leases are more favourable to the Landlord, and examples of such clauses are tenants to service air conditioning, make good provisions such as repainting upon vacating the premises and bond requirements are usually three months
If you would like to know more about the investing in commercial real estate, please contact one of our sales team who would be more than happy to assist you with your enquiry.