Commercial buyers - Buyers Agents & Property Investment Perth WA

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At Property Wizards, we truly believe our
end-to-end service is an invaluable solution for
anyone looking to purchase property in
Perth. Whether youre a first-time buyer looking
for your dream home or a seasoned investor
looking to purchase a second or third investment
or commercial property We can help you!
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Commercial Buyers
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Commercial Buyers
The factors that drive the success of commercial
real estate investment are very different to
residential property.
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One of the traps is the assumption that youll
enjoy a higher cash flow through better rental
returns. However, there is also a higher vacancy
risk if its the wrong property, and this can
place added pressure on your cash flow. Whats
absolutely critical is the selection of the
commercial property, which requires comprehensive
research, due diligence and experience. Then
theres the often complex lease agreement, which
needs to be thoroughly investigated in terms of
wording, paragraphs, clauses and fine print that
can leave you locked in with nowhere to go. The
comparison of residential and commercial
properties below may assist you in deciding
whether commercial property is right for your
individual needs and circumstances.
Commercial Buyers
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For many investors, commercial real estate can be
a highly profitable component of their overall
property investment portfolio. Where investors go
wrong is to assume the rules for investing are
the same as for residential property, or that
they can do it all themselves. Theres a world
of difference between commercial property and
residential property, and if you dont understand
what it is, then what looks to be a gold mine can
quickly turn out to be a black hole,
financially. At Property Wizards, we can show
you ways to reduce your risk through careful
selection and screening, using methods most
people dont know.
Commercial Buyers
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COMPARISON CHART OF RESIDENTIAL AND COMMERCIAL
  RESIDENTIAL COMMERCIAL
YIELD Lower yields Usually higher yields
TENANT ISSUES Need a good property manager to avoid niggly tenant issues Need a good property manager to optimise rent and value
LEASES More standardised More complex and they can affect the property value
CASH FLOW Lower cash flow in exchange for future growth Better cash flow and tenant pays the outgoings
CAPITAL GROWTH Generally higher but not always. Generally lower but in superior area growth can be high
GEARING 80 plus, so you need less cash Usually 70 or less and there are higher start-up costs
TERM Loans are normally 30 years Loans are normally 10 to 15 years.
TENANTS VACANCIES Generally easier to find tenants Smaller pool of tenants and vacancies can be costly
PRICE With homework and research, assessing what to pay is easier Price is affected by lease, tenant quality, comparative yields, etc.
BUDGET Can be bought for most budgets, small or large Possible on a lower budget, but its very competitive and there are fewer quality opportunities.
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Commercial Buyers
We provide considerable research, skill and due
diligence to locate excellent performing
commercial property.
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Step 1 We establish your requirements. As your
buyers agent in Perth, Western Australia, during
our initial free consultation well discuss the
type of commercial property youre looking for,
whether its office, retail or industrial, and
what your objectives are.
Commercial Buyers
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Step 2 Commercial Property search Once you
give us the go-ahead, well commence a
comprehensive search of commercial properties
available for sale in WA within your agreed
criteria. Not only do we have access to every
listed commercial property available, our
networking skills enable us to find many silent
sales before they come on the market, which
often represent exceptional value for money.
Commercial Buyers
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Step 3 A shortlist We then investigate a
shortlist of commercial properties on your
behalf and prioritise the best candidates. When
assessing the merits of one commercial property
over another, Property Wizards considers The
location and its prospects The existing tenant
and lease The likely tenant base The current
rental yield and likely future prospects
Potential for capital growth Your investment
objectives Your budget At each inspection, we
take many digital photos to send you that show
the good and the bad so you can get a real feel
for the commercial property. This step saves time
and money as we guide you through the selection
process.
Commercial Buyers
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Step 4 Due Diligence This is where our
experience really comes into play. If you are
keen to proceed, we evaluate and assess the
property in more detail. We look for potential
problems or expenses to factor in. We also
include a range of protective conditions in the
Contract of Sale that are in your favour, not the
sellers.
Commercial Buyers
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Step 5 Accurate Pricing We obtain up to date
information about the property, the lease and
tenant, as well as comparable yields and sales
data to assist in assessing its true worth, which
ensures youll never pay too much. In some cases
we order a valuation of the property.
Commercial Buyers
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Step 6 Acquisition Strategy Now were getting
to the pointy end of the process. Once were
convinced the potential commercial property
investment ticks all the boxes for your strategy,
and its at an attractive price point to begin
with, we negotiate with the agent on your behalf,
using all our legal tricks of the trade, to
ensure that you obtain the property for the
lowest possible price. Once purchased, we oversee
the conditions inserted in the contract to
protect you all the way.
Commercial Buyers
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If you have any questions about Property Wizards
services or would like to arrange a free
consultation, please call or email us, or use the
contact form below. Telephone (08)
9381-7450 International telephone 61 8
9381-7450 Email info_at_propertywizards.com.au Off
ice address 121 Churchill Avenue Subiaco,
Perth WA 6008 Australia
Contact Us