Mixed-use properties often have retail on the ground floor and apartments above. There are many things to consider when purchasing or developing a mixed-use property. From the types of uses allowed within the property to the location and tenancy mix, finding the right mixed-use property requires careful investigation. WHAT IS A MIXED-USE PROPERTY? Mixed-use properties
Signing a commercial lease is no trifling matter; it’s a legally-binding agreement with serious financial strings attached. A commercial lease is an agreement between the owner of a commercial property and someone who wants exclusive use of it for a set period. It normally applies to an office, warehouse or factory. The success or failure
Investors are quietly buying key commercial sites in a northern beaches suburb looking forward to growth once the suburb’s centre is rezoned. Mona Vale at the northern end of the peninsula has been identified as a strategic centre by the NSW government and as the urban heart of the north by Northern Beaches Council. Investors
Like filling your car with fuel before a long trip, stamp duty is a necessary evil when you buy a commercial property. It’s an annoying, expensive requirement that can’t be avoided. The amount you pay is calculated on a sliding scale, generally from 1% to 6% of the purchase price, although it can be higher.
A second major developer is walking away from multimillion-dollar investments in Ingleside as plans for rezoning the suburb drag on. The Sunland Group, from Queensland, paid almost $20 million for four large parcels of land in Ingleside in 2013 with the expectation that the NSW Government would soon rezone and release land in the suburb
Many people dream of leaving the 9-to-5 grind behind and setting up their own business. Yet there are hundreds of horror stories of start-ups going broke in the first 18 months. Here are five things you need to consider before starting a business. The big why? You’ve probably got a great idea of the product
Commercial properties are often sold with leases as long as 15 years. Commercial investment properties range from your traditional high street dress shop to service stations, office blocks and warehouses: essentially any non-residential property that makes a profit. They offer steady income from long-term leases, but are not without their drawbacks. A long-term investment requiring