Thinking of getting involved in commercial property

Parky wrote:

What exact costs do the commercial tenants pay for? i.e. strata, council and water etc?

It’s all open for negotiation – a tight rental market will see tenants paying for a lot more costs, in times where its difficult to get tenants you may not get much at all covered by the tenants.

General items which tenants will often cover:

*Land Tax
*Council Rates
*Maintenance
*Strata costs
*Utilities
*Fitout and make good provisions – right now especially in the office market its becoming very common to provide tenants with fitout for their business and or rent free periods.