Wednesday, 1 July 2015
Commercial Real Estate in Perth: 3 Ideas for Retail Property Investors
In contrast to a gross lease, a net lease gives you the assurance that your tenant shall pay other essential outgoings that have Goods and Services Tax (GST) on top of rent, which also has GST charged to it. Note that outgoings can include land tax and strata levies, insurance premiums, and utility bills. Maintenance expenses like facility repairs will also be the tenant’s responsibility in a net lease arrangement. Regardless of the type of commercial property that piques your interest, be sure to seek the help of experts with a good track record of selling and leasing properties. Firms such as Brett Halvorson & Associates can provide professional advice on commercial real estate in Perth, aid your property search, and even manage your asset after purchase, so you can make the most out of your investment.