Perth South East

Commercial real estate refers to any property that is used for business purposes. This includes offices, retail spaces, warehouses, factories, and medical facilities. Commercial real estate is typically bought, sold, leased, and managed by business owners, investors, developers, and real estate professionals. Commercial properties are an important asset class that provide significant returns for investors, as well as space for businesses to operate and grow. The value of commercial real estate is often tied to its location, accessibility, and the demand for space in the area.

The cost of commercial real estate in Perth varies depending on the location, property type, and size of the property. Some factors that will influence the cost of commercial real estate include the local economy, property condition, supply and demand for commercial space, and prevailing interest rates.

We encourage you to reach out to a member of our team to discuss your budget for a commercial property, or for help with any other property sale related costs.

Industrial properties are considered a type of commercial real estate, however, industrial properties are more specifically designed for manufacturing, production, storage, and distribution of goods and services. These include factories, warehouses, and distribution centres. Commercial properties are typically designed to be more visually appealing and will generally welcome customers or clients on-site. Commercial properties include retail outlets, dining venues, offices, hotels, and medical facilities amongst others.

Given Perth is a major business hub, we have a diverse range of commercial property types available for sale and lease. The city offers plenty of high-rise and smaller office complexes, a vast retail scene, industrial warehouses of various sizes, and many other mixed-use developments.

The profitability of a commercial property depends on several factors, including property use, location, market demand, property size, and the type of property. Some commercial property types may be more profitable than others depending on the current market conditions.

A commercial property in a prime location with excellent transport routes is likely to be more profitable if the market is right. In Perth’s south-east, offices, warehouses, and other commercial properties are almost always sought after and highly profitable if maintained.

It’s important to note that the profitability of a commercial property can also depend on factors such as market fluctuations, changes in demand, and competition from other properties. It’s recommended to contact a property expert such as Ross Scarfone Real Estate for more information on the current market.

Yes, foreign investors can generally buy commercial property in Australia. However, there are some regulations and restrictions that apply to foreign investment in Australian property.

The Australian government regulates foreign investment in Australian property through the Foreign Investment Review Board (FIRB). The FIRB assesses proposals by foreign investors to determine if they are in the national interest. Generally, foreign investors are required to seek FIRB approval before purchasing commercial property in Australia.

The specific rules and restrictions for foreign investment in commercial property vary depending on the type of property and the investor’s country of origin.

Perth is considered one of the best cities for commercial real estate investments in Australia, largely due to its affordability and diversity.

Despite Perth’s diverse economy, it heavily relies on industries such as mining, oil and gas, and construction to insulate the city from economic shocks and provide a stable base for businesses to operate in.

Another benefit is Perth’s location as the closest major Australian city to Asia. This makes it an attractive destination for international business and investment. The city has a well-established trade and investment relationship with many dynamic Asian countries, including China, Japan, and South Korea.

Perth’s growing population drives demand for commercial property investments in sectors such as retail, hospitality, and residential developments. The ongoing development and investment in infrastructure, such as the Perth City Link project, is expected to drive further demand for commercial property investments in the city.

Perth’s strong economy, strategic location, growing population, ongoing development, and high quality of life make it a highly attractive city for commercial real estate investments.