Archives for August 2013

Important Changes to Land Zoning within Victoria

28 August, 2013 by Leave a Comment

Planning-Changes

A significant number of our clients have been purchasing property in Victoria — despite them living all around Australia. If you have already (or are about to) purchase within the State — then read on, to find out if the recent land zoning changes could affect you.

REFORMS TO THE VICTORIAN residential, commercial and industrial planning zones have come into operation in recent months.

The changes have resulted in the replacement of the business zones, introduction of the new commercial and residential zones, and amendments to the industrial zones. [Read more…]

Filed Under: *Expert Panel, Industrial Sector, Legal Matters, Market Sectors, Offices, Retail Sector Tagged With: , , , , , , , , , , ,

How to Use the Equity in Your Commercial Property

27 August, 2013 by 6 Comments

Equity-Release

RESIDENTIAL PROPERTY INVESTORS commonly release equity in their homes in order to invest in other property. But can you do the same with your Commercial property?

Equity in Commercial Property

It is possible for you to utilise the equity in Commercial property … but it is a bit more difficult and complex than with residential property.

Banks are more risk-averse to Commercial property funding than they are to the residential market. And they will want to have some measure of control over the use of funds — before releasing cash to you. [Read more…]

Filed Under: *Expert Panel, Finance, Industrial Sector, Market Sectors, Offices, Retail Sector Tagged With: , , , , , , , , , , ,

How to Find the Right Builder

20 August, 2013 by Leave a Comment

The-Correct-Builder

LIKE ALL THINGS, there is a “right” approach and there is a “wrong” approach to finding the perfect builder for your project.

Some developers, investors and building owners fall into the tempting trap of trying to cut costs — by bringing in builders who offer to work for much less, but who may not have the experience needed for that particular project.

These people hope that by reducing initial costs, they can boost their overall profits. Unfortunately this tends to backfire on them, more often than not. [Read more…]

Filed Under: *Expert Panel, Due Diligence, Industrial Sector, Market Sectors, Offices, Retail Sector Tagged With: , , , , , , , , , , ,

How to Write-off up to $6,500 … Instantly!

13 August, 2013 by Leave a Comment

Small-Business

SIMPLER DEPRECIATION LAWS have recently been introduced to assist small businesses — which take effect as from the 2012-2013 financial year.

Under GST rules, every Commercial investment property is deemed to be a “going concern” … or in other words, a business. Therefore, you could qualify to benefit from the instant asset write-off threshold having been increased to $6,500.

This new rule allows businesses to write-off any depreciating asset with a total cost less than $6,500.

Previously, the cost threshold was $1,000; and anything over this cost could not be claimed as an instant deduction. [Read more…]

Filed Under: *Expert Panel, Industrial Sector, Market Sectors, Offices, Retail Sector, Tax Depreciation, Taxation Tagged With: , , , , , , , , , , ,