Domain Property Advocates | Buyer Advocates | Vendor Advocates | Property Management | Lease & Rent | Makeovers

Commercial Purchase

Domain Property Advocates have spent many years buying commercial property on behalf of our clients. Over the years, our purchases have ranged from a $50,000 small shop to multi level, multi tenanted, multi million dollar buildings. We have acted for investors and owner-occupiers. We have the experience of property cycles and years in the real estate market to see the benefits and pitfalls of dealing in commercial property.

As leaders in our field, we have encouraged our clients who are running their own businesses to invest in their premises, as this offers greater control of their destiny and control over rent increases and fit-out issues. As properties have become harder to rent in inner city locations, this has proven to be a financially rewarding strategy. Time has proven that this single investment is one of the best that many businesses have made, particularly with regard to exit strategies and succession planning to retirement. It has often allowed owners to sell their business and become a landlord to the new owners, and thus maintain a healthy income stream.

When we buy larger commercial premises we use our experience to ensure we understand our investors’ situation. Where appropriate, we encourage clients to meet with a financial planner to assess their risk propensity. Commercial property is a long-term investment that can be significantly more volatile and reactive to economic cycles than other property types. Once we understand our client’s strategies and profile we look at the most suitable types of property to meet their requirements.

When looking at larger investments, where appropriate we encourage our investors to look for properties that offer multiple streams of income, rather than simply relying on a single tenant. A single tenanted property can be vacant for an extended period of time and if it does not have the ability to be converted to another industry use, this can lead to an extended rental hiatus and loss of income. Multiple tenancies make it rare that the building will be totally vacant and usually mean that there will be some income most of the time. When a careful selection is made with the assistance of a Domain Property Advocates Consultant, it is far more likely that multiple tenancy buildings will be fully tenanted.

We have a tried and tested process for assessing our clients’ needs and then searching for the right type of commercial investment at the right price to produce market competitive returns. A commercial search will often take more time than a residential search and it is important to be patient. A wrong decision can be very costly. A property has to be assessed on the strengths of the building and land as a vacant building and how easy it would be to find a tenant. Where the property is tenanted, an assessment will be made on the strength and quality of the tenant. It is important to look at these two elements in a separate light, and a Domain Property Advocates professional Consultant can be relied on to work towards achieving your goals.

If you are interested in investing in a commercial property portfolio, why not start with a consultation with Domain Property Advocates.