Commercial.

Many people purchase commercial property for their self-managed super fund, especially clients who are business owners and want to locate their premises there.

There are multiple good reasons for owning your business premises. These include benefitting from the asset appreciation over time, eliminating the uncertainty of rising rental costs or lease terminations, lowering long-term costs through building equity by paying off a mortgage, the freedom of customising your space without needing permission – and benefitting from potential tax deductions that can reduce your taxable income.

Another amazing advantage of owning your business premises is the potential to lease out unused space to another business which will generate a passive income.

People wanting to generate positive cashflow from multiple tenants in a single building. This steady stream of income with the potential for property appreciation makes commercial real estate an attractive option for booting overall investment returns.

Other real estate that Murray sources are mixed-use properties that have opportunities to add extra value by generating additional income. When investing in commercial property, it was important to look at the opportunity holistically. The tenancy and cash flow profile, location, vacancy rates and the building’s condition and underlying development potential are all crucial things to consider before sealing the deal.

People are interested in diversifying their asset base from just residential. A well-rounded portfolio can help cushion the impact of market fluctuations or downturns in specific sectors.

Commercial tenants are usually also more stable and longer-term than residential tenants, providing a steadier income stream. Commercial tenants also pay for outgoings