How to invest in commercial property: A beginner’s guide
Attractive returns and long lease terms are among the reasons many investors choose commercial property, but as with most investments buying these assets is not without risks, which first-time buyers need to be aware of, experts say.
“These two factors alone account for a lot of the interest of first-time commercial investors, but as with most things in life it is not that simple,” says former CBRE Melbourne retail director Mark Wizel, now managing director of Wizel Property Group.
Some of the advantages of investing in commercial property include lease terms of three to five and up to 10 years, depending on the type of property you buy, rental increases written into the lease, and tenants being responsible for most outgoings, he…
