Entry 3704
22 February 2025 | 2 min read
Thinking about buying a commercial property? 🏢
Here are our key factors we encourage you to consider before purchasing a commercial property:
1. Vacant Possession or Lease in Place? – Is the property ready for immediate use or is it tied to an existing lease?
2. GST Matters – Is the sale subject to GST? Make sure you’re prepared!
3. Strategic Location – Does the zoning, strata by-laws, and location align with your business needs?
4. Finance in Place? – Have you spoken with your broker to ensure it fits within your budget?
5. Consult Your Accountant – Make sure you know the purchasing party (Individual, Company, Trust, etc.)
6. Due Diligence – Have you checked outgoings and arranged a strata report to avoid any surprises?
Make sure your investment is on the right track, contact Brett Beazley and the sales team today for guidance before purchasing a commercial property. 📊