Is a commercial lease different to a residential lease? Most definitely. The lease document outlines each parties obligations over the period of tenancy. We progress through the initial leasing process to prepare a detailed heads of agreement (letter of intent) so that each party is fully aware of their obligations. At all times all parties are able to seek independent legal advice and we encourage …
Continue readingIs GST applicable to this sale? GST tax liability is a detailed subject and whether GST is payable on a property sale depends upon a number of factors. These range from whether the owner is registered for GST to if the property is sold as a going concern. Consultation with the owner’s solicitor and accountant will be able to confirm these details if a contract …
Continue readingAre you able to provide copies of the current leases over the property? Yes. Most investors undertake this as part of their due diligence and we are happy to review the current leases over any properties you are considering purchasing.
Continue readingAre you able to provide evidence of other comparable sales of similar commercial buildings? Yes most definitely, as we work across a wide variety of commercial categories we are able to supply information on retail, commercial and industrial sales.
Continue readingWagga Wagga has proved to be a regional property hot spot, becoming the 4th most searched postcode in NSW according to Domain.com.au* A real shift has been noticed of purchasers and investors looking to flee the uncertainty and stress of metropolitan living and investing, for a more relaxed lifestyle. With people looking for regional areas that boast a great sporting culture, tertiary options, hospitals and …
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