EP. 1733 - TALE OF THE SALE 24 CARTER ROAD BROOKVALE!

🏭 OLD FACTORY, BAD INVESTMENT — GREAT OWNER-OCCUPIER OPPORTUNITY? Older freehold factories can tell a very different story depending on who’s buying them. For an owner-occupier, the benefits can be significant: ✔️ No strata levies ✔️ Greater control over improvements ✔️ No landlord increasing the rent ✔️ No landlord asking you to move ✔️ Improvements can benefit both the property and the business ✔️ Long-term security and control over your premises For investors, older industrial properties can be more challenging when the existing rental return doesn’t stack up. But there can still be opportunities to upgrade, subdivide and create multiple tenancies to improve the yield. The lesson? The same property can represent completely different value to an investor versus an owner-occupier. Sometimes it’s not just about what the property is today — it’s about what you can do with it. 🏗️ #CommercialProperty #IndustrialProperty #CommercialRealEstate #PropertyInvestment #OwnerOccupier #NorthernBeaches #SydneyProperty #RealEstateAustralia