Retail cafe presents rare investment opportunity in Rosebery
The highly sought-after retail strata space at 77 Dunning Avenue, Rosebery is now on the market for buyers seeking a leased investment opportunity.
Are you wondering how to create stability when managing your commercial property? Commercial properties can be either the easiest and most lucrative investment option, or a money pit where dreams go to die.
If you can secure a long-term, high-value tenant for your commercial property, you can basically sit back and watch revenues roll in while the tenant does all of the maintenance and upkeep and pays the majority of the bills. But if you end up with a vacant property that need renovations, you could be forced to keep paying your mortgage on a property that is standing empty and sucking down your cash without returns for an extended period of time.
To prevent being left holding the bag on a property that turns out to be non-viable or requires tremendous outlay or ongoing maintenance while tenantless, perform your due diligence before buying into a commercial space.
The best way to guarantee a stable income from a commercial property is to find and install a high-quality tenant. It may be tempting to simply take anyone just to get revenues coming in, but this can cost you long-term – and long-term is where the real money is in commercial property investments.
Remember, as a commercial property owner, you have distinct advantages when it comes to tenancy. It may take longer to find just the right tenant, but then you can enjoy:
Find the right property, install the best tenant you can, maintain a great relationship so they keep picking up the next five year option, and watch your investment yield long-term fruit. For help finding your commercial property, contact the team at Ray White Surfers Paradise.
The highly sought-after retail strata space at 77 Dunning Avenue, Rosebery is now on the market for buyers seeking a leased investment opportunity.
In the heart of Parramatta’s thriving business district, an exceptional freehold building is being offered for sale via expressions of interest by RWC Western Sydney’s Joseph Assaf, Victor Sheu and Andrew Sacco.