JUST BOUGHT! | RICHMOND & ADELAIDE
Three properties. Three successful purchases. Three exciting new chapters!
We're delighted to have helped our clients secure these properties in Richmond and Adelaide.
At Waterman Property Advocates, we work exclusively in our buyers' best interests, helping them navigate the property market with confidence, from finding the right property through to negotiating the purchase.
Whether you're buying your first home, your next home or an investment property, having an experienced buyer advocate in your corner can make all the difference.
Thinking of buying? Let us help you find and secure the right property.
0477 000 798
www.watermanpa.com.au
Waterman Property Advocates
Your Property Solution.
#JustBought #BuyerAdvocacy #WatermanPropertyAdvocates #AdelaideRealEstate #RichmondSA #AdelaideProperty #BuyersAgent #PropertyPurchase
We Buy Commercial Property for Investment Too
You may not be aware that at Waterman Property Advocates, we assist clients with the purchase of commercial, industrial and retail property, as well as residential property.
Commercial and industrial (C&I) property is a very different market to residential property, with different lease structures, yields, outgoings, tenant considerations and risks. For buyers considering this sector, understanding the property itself and carrying out the right due diligence is particularly important.
C&I properties can offer higher rental yields than residential property; however, yield is only one part of assessing a property. Location, property type, building condition, tenant, remaining lease term, rent reviews, outgoings and potential future vacancy all need to be considered.
Commercial leases are also generally structured differently from residential leases. Lease terms may run for three, five or even ten years, often with options to renew. Depending on the lease, tenants may also be responsible for some property outgoings such as council rates, insurance, gst and certain maintenance costs.
Rent reviews may be built into the lease and can be based on CPI, fixed percentage increases, market reviews or other agreed mechanisms. Understanding these provisions is an important part of assessing the property and its existing lease.
There are also risks to consider. Commercial properties can take longer to lease when vacant, and the suitability of the property for future tenants can have a significant impact on its marketability.
This is where our role as Property Advocates comes in.
Waterman Property Advocates provides property advice, research, due diligence and negotiation services to help our clients make informed property purchasing decisions. We do not provide financial or investment advice, and where appropriate, we encourage clients to obtain independent financial, taxation and legal advice relevant to their circumstances.
If you're considering purchasing commercial, industrial or retail property, speak with Matt O'Donoghue to find out how we can assist with the property side of your purchase.
Matt O'Donoghue
Buyer Advocate
0477 000 798
buyer@watermanpa.com.au
Waterman Property Advocates — Your Property Solution.
Buying a home or investment shouldn’t feel stressful
That's why our Buyer's Agent service is built around protecting your interests from day one. From search to negotiation to settlement, we're in your corner every step of the way. Because buying property is too important to do alone.
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