Landlord’s Consent for a Lease Assignment

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AS A COMMERCIAL PROPERTY landlord you have certain rights.

However, your ability to refuse consent to a lease assignment will depend on several factors.

[Read more…]

Buying Off The Plan: Developer and Sales Team Communication

Better-Communication

WHEN INVESTORS or owner occupiers purchase off the plan, they can often feel left in the dark throughout the construction process.

Clearly, it is important to keep your buyers informed, updated and as happy as possible… because the reputation of the Builder and Developer is what people remember.

At the same time, the project team can (and should) assist in providing some of the communication. [Read more…]

UPDATE: Immediate Write-off and Small Business Pooling

Write-offs

GREAT NEWS: The Australian Taxation Office (ATO) has made further changes to the rulings surrounding immediate write-off and pooling of small business assets.

If you’re a small business owner (and/or Commercial property investor) … read on to find out how these changes affect you. [Read more…]

Avoiding Those Costly Construction Issues with Commercial Property – Pt 2

BlameGame-2

IN PART 1, you read about the first few ways you can deal with construction issues as they arise.

Today we continue on from there — with 5 more tips to help you streamline the construction process and finalise your contingency plan. [Read more…]

A Growing Economy is Good For Commercial Property

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Homemaker-Centre

HAVE YOU NOTICED how people are generally now acting in a far more positive manner. And that’s simply because they are starting to feel “wealthy” again. [Read more…]

How to Avoid Those Costly Construction Issues with Commercial Property – Pt 1

BlameGame-1

TAKING ON the challenge of building or renovating can be an emotional roller coaster — filled with risk and heartache for business owners and investors.

Whether constructing an asset, building for business or renovating a property for commercial use — you face many decisions. Your aim is to minimise risks and maximise your long-term rewards. And the process can be overwhelming. [Read more…]

Commercial Property Yields Firm As Activity Improves

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Commecrial-Property-Investing

FURTHER EVIDENCE of an underlying strength in the Commercial property market is now provided by the latest IPD/Property Council index.

PCA-Cap-RtaesDuring 2013, you saw investors (both local and overseas) stride out from the shadows of the Global Financial Crisis. And as this graph confirms, every sector has displayed a healthy improvement in selling yields. [Read more…]

Is This Good or Bad Debt?

good-bad-debt

CAPITAL GROWTH and the type of gearing heavily impact the overall profitability of your property purchases. And so this article will explain how they can significantly affect your bottom line. [Read more…]

The Importance of Having As-Built Drawings for your Commercial Properties

As-built-drawings

WHENEVER YOU EMBARK on any form of construction work in an existing building, you’re first request from the Design Team should be for As-Built Drawings — for review, and to form the basis of the design process.

More importantly, the availability and compilation of As-Built documents (after a project is complete) should form part of your due diligence process at the completion of project.

Because, this provides the full scope of work undertaken, and allows for easy assessment of existing buildings — to help eliminate any surprises that may arise down the track, during future alterations. [Read more…]

How to Improve Your Return From Industrial Property

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DID YOU KNOW that you can claim quite significant depreciation deductions for an Industrial property? Because, legislation set down by the Australian Taxation Office (ATO) allows the owners of any income producing property to claim depreciation. [Read more…]

With Property … How to Stay Cool When Things Get Hot

Keeping-Cool

A RECENT CASE in the Queensland Civil Administrative Tribunal (QCAT) has brought the laws governing cooling-off periods into sharp focus. And the ability of vendors to retain termination fees where contracts are terminated was challenged.

While the laws relating to cooling off periods differ in each state, this article will discuss the general principles of cooling off periods … and what you need to be aware of when seeking to exercise your rights. [Read more…]