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Tips For Negotiating Your Commercial Property Purchase

These are just some of the things to consider before purchasing a commercial property, to ensure you buy an asset and not a liability. If you are searching for commercial property for investment purpose, then explore multiple option by clicking below url. Visit:https://www.commercialproperty2sell.com.au/real-estate/qld/landsborough/

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Tips For Negotiating Your Commercial Property Purchase

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  1. Tips For Negotiating Your Commercial Property Purchase

  2. Here’s a list of things to consider when tackling tricky Negotiation and how you can use them to achieve more favourable purchase term, which may include a lower price.

  3. What is the right commercial property for me This is the first question you should ask, with answer depend on your goal

  4. Historical Performance Before considering a commercial asset for purchase, always undertake independent research and investigate the historical performance of the asset and similar properties in the area. 

  5. Leasing Analyse the leasing documentation to determine if there are any pending or outstanding lease renewals.

  6. Rents Is the rent commensurate with the market rate? It is important to set a fair and reasonable rent that reflects the sector, geographic area, size and fit-out of the property.

  7. Hidden Costs Are there any additional costs associated with the running and maintenance of the property as a result of the previous owner and or tenants that may impact your ownership and returns in the future?

  8. These are just some of the things to consider before purchasing a commercial property, to ensure you buy an asset and not a liability.

  9. If you are interested in buying and selling commercial property then Visit: https://www.commercialproperty2sell.com.au/real-estate/qld/landsborough/ Call: 1300 556 121

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