Yes, guided investment in real estate is always profitable and it can bring considerable returns on your investment. Investing in residential property gives you a place for peaceful living. If you have two or more residential properties, you can lease the property and earn a reasonable rent. On the other hand, investing on a commercial property for sale can be more rewarding as compared to residential properties. For example, in Australia, properties valued more than Australian $25 billion changed hands during the last year which highlights the benefits of investing in commercial properties.
Factors for investment:
While investing in commercial property for sale you should also consider issues like the value of the property, location, type and duration of lease, quality of tenant and so on. In addition to this, you should also consider the vacancy rate in the particular region where you are planning to invest. As a matter of fact, Australia is one of the few countries with comparatively lower vacancy rate. For example, in Sydney, the vacancy of commercial property is about 6.2%, Melbourne 6.4% and Adelaide has a vacancy rate of 16.2%. Therefore, this lower vacancy rate also underlines the continuing demand for commercial properties.
Encouraging investment option:
If you are investing in a commercial property, you should adopt professional approach while making the investment. This is because unlike the residential properties, investing in commercial properties also comes with a few risks. Yet, for those who are venturesome and tread with caution, then investing in commercial properties in countries like Australia has become increasingly encouraging investment options.
Expenses on maintenance:
As compared to residential properties, maintenance of commercial properties is quite expensive. While making the investment you should also consider expenses related to maintenance of the building, like, for example, adherence to safety standards, cost of air conditioning and such other related issues. Interestingly, as far as commercial property for sale is concerned, you will naturally transfer all the maintenance cost to the lessee. This again implies that the lessee should be capable of paying such huge amounts towards repairs and maintenance of the building.
Time to invest;
Given the present behavior of supply and demand, the sunshine beach real estate has greater potential for those who want to invest in real estate. As you know, in Australia, several industries and large corporate and other business establishments are coming up. There has been a considerable growth in the Tourism industry as well.
All these have resulted in a considerable increase in the sunshine coast property rentals as well. As a matter of fact, both residential and commercial properties on the vast beaches of sunshine coast fetch a higher rental. Therefore, if you are planning to invest in real estate in Australia, you may look for properties with strategic locations.
Understand the market:
In fact, similar to sunshine coast real estate, you find bullish trends even in other places like the Sydney, Adelaide and so on. However, if you are investing in commercial properties, you should understand the market drivers including demographic, availability of infrastructure and other related factors.
Look for professional guidance:
Considering the complexities of investing in real estate, you should avail the services of professional real estate firms like the http://www.henzells.com.au. Such firms will have a thorough knowledge of the prevailing market conditions in various parts of Australia. They are also fully aware of the lengthy procedures involved in the real estate transactions. Naturally, all their professional guidance will be to your advantage.