What is a commercial lease? A commercial lease is a lease of commercial property and includes office space, industrial workshops and warehouses, retail shops (whether in they are in a shopping centre or not), storage sheds, working yards and other non-residential property. The lease is a legally binding document that gives you a right to…
Read MoreTo assist you in buying commercial property in South Australia, I have set out below some matters to be considered by both vendors and purchasers. What is commercial property? To determine if a property is a commercial property, we must look at the Land Use Code provided by the State Valuation Office. All property is…
Read MoreIf you are buying a townhouse or an apartment in South Australia then you will need to consider a few things that are different to purchasing a house. Any new development built since 1996 is called a Community or Community Strata Corporation. Prior to that all units/townhouses etc were known as Strata Corporations. See: What is…
Read MoreIf you are buying an investment property then you should arrange for a tax depreciation schedule to be prepared for your accountant to get the tax benefits for your property. Mayssam Raslan from Key Property Inspections has written a detailed description as how a tax depreciation schedule can benefit you: Nearly 90% of people underestimate the…
Read MoreAs a conveyancer we mainly deal with the legal documentation and not what is actually involved directly in the sale process and getting a property for sale. Sally Luke from Luke and Associates Real Estate has been kind enough to out some tips together for this blog. These tips just might help you get that…
Read More