Considering purchasing a commercial property?

This is a growing type of investment for owner occupiers, investors and those with a Self Managed Superfund (SMSF).

Recently, I have had many existing and new clients contact our office seeking finance for this type of asset. Interest rates on commercial property loans are currently very competitive and lenders are eager to fund clients wishing to purchase or refinance commercial properties which include factories, warehouses, commercial properties or similar assets. Lenders are particular keen on these asset types.

Whilst finance for a commercial property for a Superfund asset may be daunting, we have access to several funders who are interested to fund for SMSF in commercial properties at competitive rates and fees. Most commercial loan terms range from 15- to 30-years and lending on commercial property currently sits between 60% to 80% of asset valuation. Taking a commercial loan from a major bank usually involves the borrower transferring all their business banking relationship to that institution which can be extremely onerous, unlike specialist lenders who provide more accessibility and flexibility.

Contact Paul today on 0417 567 747 to discuss any current or future commercial finance requirements you may be considering.

 

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