Prices soar as big shed shortage hits Melbourne… (Text taken from Herald Sun, Commercial Property, Wednesday 18th July 2018 – by Olga Galacho) A serious shortage of big “sheds” in Melbourne is leaving tenants and investors frustrated, while warehouse landlords are sitting pretty. Industrial shed prices shot up at a double-digit rate across Melbourne in the second quarter, according to…
Article from The Age, Jun 16, 2017 by Simon Johanson It’s a First World problem: What do you do with the toys in your garage when you downsize the family home? And it has a First World solution. Buy a “man cave” to store them in. Cashed-up downsizers and small businesses are underpinning strong sales of “man caves” – small industrial units…
By Cameron McDonald, Mortgage Choice in the North Western Suburbs (CLICK HERE to download a PDF version of this Info Sheet #1) Australians are increasingly choosing to take control of their own superannuation through self-managed super funds (SMSFs). If you have been thinking about setting up your own self-managed super fund, but don’t know what is involved, stay tuned. There…
By Cameron McDonald, Mortgage Choice in the North Western Suburbs (CLICK HERE to download a PDF version of this Info Sheet #2) A common investment strategy for small business owners is to use their Self-Managed Super Fund (SMSF) to buy their business premise. Their SMSF then leases the property back to their business. By doing this, small business owners: Can…
#1: Tenants tend to stay for longer in commercial leases For the most part, residential tenancies can be on a month-by-month basis – maybe 6 months, perhaps for a year or two if you’re lucky. Commercial leases will tend to range between 3 and 5 years – and it can often be for longer. That means you have fewer tenancy changes, and…