Skip to main content

Things to consider

While managing a commercial investment property is similar to managing a residential one, there are a few differences worth being aware of:

Longer leases

Commercial leases are generally for a period of three to ten years, while residential leases are typically for around one year.

Higher costs

Deposits of around 30% are generally required for commercial property leases. Building repair and maintenance costs can also be higher than those associated with residential property.

Attracting and keeping tenants

Tenants can be affected by a range of factors, such as the economic environment, so you need to remain well informed about changes that could impact them, and your commercial property. When you find a good tenant, keeping them is crucial, so it’s a good idea to keep up regular contact with them and consider their needs.

Call us

Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Please read the applicable Disclosure Documents before acquiring any product described on this website. Please also review our Financial Services Guide (FSG) before accessing information on this website. Information on this page can change without notice to you.
© Copyright 2022 Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879