• 10 mins read
Why Commercial Properties Should Be Part of Your Portfolio: And How The Experts Do It
Investing in commercial property can be a lucrative addition to your portfolio, offering significant potential for capital growth, income, and diversification. Here’s why commercial properties should be on your radar and how you can make an informed decision to achieve optimal returns.
Higher Rental Yields in Commercial Property Investments
- Maximising Returns: Compared to residential properties, commercial property investments typically deliver higher rental yields, often ranging from 5% to 10%, compared to 2% to 4% for residential investments. For investors, this translates into more significant income potential.
- Long-Term Lease Stability: Commercial properties generally feature long-term lease agreements, often between 3-10 years, providing steady cash flow and reduced tenant turnover.
Strong Capital Growth in Prime Commercial Locations
- Prime Commercial Locations: Choosing the right strategic investment in key areas like Melbourne, Brisbane, and Sydney can lead to significant capital appreciation. High-demand areas such as business hubs, shopping centres, or industrial zones often experience solid capital appreciation. Some developments or central business districts offer excellent opportunities.
- Growing Commercial Sectors: Asset management experts know trends in thriving markets can assist commercial investors by contributing to long-term capital growth.
Low Vacancy Rates and Stable Demand
- Commercial Tenants: Businesses typically commit to long-term leases, leading to lower vacancy rates compared to residential properties. Commercial properties can benefit from stable occupancy and reduced risk.
- Stable Demand Across Sectors: With increasing demand in sectors like e-commerce, industrial properties and warehouses are especially sought after, and a strong acquisition team often can secure opportunities to capitalise on growing trends.
Tax Benefits for Commercial Property Investors
- Depreciation Benefits: Commercial property investors can claim tax deductions for the depreciation of building structures and fittings, which is beneficial for optimising returns.
Diversification of Your Investment Portfolio
- Risk Mitigation: Adding commercial property across different asset classes to your portfolio spreads investment risk. Diversification into commercial real estate ensures more balanced portfolios, reducing reliance on the volatility of the residential market.
- Alternative Asset Growth: Commercial buyers’ agents can target specific asset classes to diversify portfolios—from retail to industrial real estate. This can offer investors a broad range of income streams, enhancing the portfolio’s stability.
Financing Leverage for Commercial Property Acquisitions
- Leverage for Growth: With access to attractive loan terms, commercial buyers’ agents can help clients leverage financing to grow their commercial property portfolios while preserving capital for future acquisitions.
- Loan-to-Value Ratio (LVR): Savvy asset managers would carefully consider the LVR of their managed assets to ensure they are not over-leveraged in fluctuating markets, thus safeguarding long-term profitability.
How to Make Informed Decisions in Commercial Property Acquisitions
Conduct Location Analysis for Commercial Property
- Emerging Suburbs and Regional Areas: In acquisitions, it’s critical to analyse growth trends in emerging suburbs where development is booming. Properties near infrastructure projects, like transportation hubs or business parks, typically offer the best long-term returns.
- High-Growth Areas: Acquisitions teams should focus on properties located in areas with strong business activity or increasing population, as these typically show strong demand for commercial space.
Evaluate Market Cycles for Informed Property Acquisitions
- Timing the Market: Understanding the cyclical nature of the commercial property market is essential. Monitoring market trends helps to ensure investment at optimal times for capital appreciation.
Perform Due Diligence on Tenants and Lease Agreements
- Tenant Stability: For leasing teams, the quality and stability of tenants plays a significant role in ensuring consistent rental income. Reputable, long-term tenants from stable industries, such as corporate businesses or retail chains, are ideal.
- Lease Terms Review: Ensuring lease agreements include favourable terms such as CPI-linked increases can safeguarding your investment from inflation and ensure a steady income flow.
Seek Expert Financial and Legal Advice
- Tax Benefits: Consulting with a tax advisor ensures you’re taking full advantage of the tax benefits associated with commercial property investments, such as tax planning and depreciation.
- Legal Due Diligence: Engaging a property solicitor helps verify zoning regulations, title deeds, and any potential legal issues that may impact future use or value.
Assess Property Condition and Ongoing Maintenance
- Building Inspection: A thorough inspection of the property ensures there are no hidden structural issues. For commercial property managers, keeping up with building maintenance is crucial for preserving the property’s value and ensuring tenant satisfaction.
- Fit-Out Costs: Before acquiring a commercial property, buyers’ agents should factor in potential fit-out costs, especially if the space needs adjustments to meet tenant needs or industry standards.
Explore Financing Options for Property Acquisitions
- Financing Strategies: Evaluate various financing options, such as fixed-rate or variable-rate loans, to find the best fit for your investment strategy.
- Refinancing Opportunities: As property values increase, asset managers should consider refinancing to facilitate property upgrades, access better loan terms and increase overall returns on investment.
Keep an Eye on Industry Trends
- Shifts in Office Space Demand: The rise of remote and hybrid working models is changing the demand for traditional office spaces. Commercial property managers need to stay ahead of these trends by exploring the best leasing options, the right tenant, or shifts in leasing modes such as coworking spaces.
- E-commerce Growth: For estate agents focusing on industrial property acquisitions, the increasing demand for warehouses and logistics hubs due to e-commerce growth offers a strong opportunity for capitalising on emerging trends.
By understanding these key factors, investors can make informed decisions that align with their financial objectives and provide stable, long-term growth in the lucrative Australian commercial property market.