INSIDE COMMERCIAL PROPERTY: Prepping for the next phase of the property cycle
On the latest episode of Inside Commercial Property with Rethink Investing, co-hosts Phil Tarrant and Scott O’Neill discuss why commercial property remains a solid investment vehicle amid the changing behaviour in the residential sector.
In the face of the Reserve Bank of Australia continuing to frontload its rate rise cycle and dampened consumer confidence, the duo unpacks the solid economic fundamentals that continue to underpin the commercial sector and explains why investing in commercial property remains a more profitable venture than having it parked in an offset account or other assets such as stocks.
Phil and Scott also talk about why it’s a good idea to revalue a commercial property, give tips on how to get the interest rates on a commercial mortgage at its most competitive level and dole out advice on how investors can get ahead of the game by gearing up for the next phase of the property cycle through value-adding, yields-bolstering and capital gains-increasing strategies.
*This episode was recorded just prior to the Palaszczuk government’s decision to shelve the new Queensland land tax on 30 September.