Hello!
I have a residential investment property in Pakenham very close to the station about 900m.
Having lived in the area before I always struggled to find medical practioner and have seen a trend of residential properties being converted to medical centres.
I was thinking to convert my 3 bedroom house which is on 800 Sqm block into a medical centre and really with a view to —
– Provide a facility in the area
– Hoping commercial leasing is more profitable? I am not too sure !I really dont have any experience and this is just a curiousity. I was wondering if you had any experiences to share to help guide me?
Many thanks!
Firstly, you should speak with your local town planning department as I presume (could be wrong) it’s currently zoned as residential?
This may be a major issue as you likely cannot lease as commercial if it’s not zoned for it.Seek professional advice.
Wish you the best!
Disclaimer : this is general and in no way specific advice.
Jaxon | Jaxon Avery – Financial Adviser
http://www.jpafinancialservices.com.au
Email Me | Phone MeJPA Financial Services Pty Ltd
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