Yes. with residential growth particularly on the Gold Coast setting the pace for Australia, the demand for industry and services will also continue to rise. Like most property investments, the key to good returns is having the premises tenanted on a long term basis. Most commercial leases range from 3-5 year terms, which give industrial units a longer period of security and return as opposed to a 12 month residential lease. Factor in depreciation and other tax advantages, the cost of holding an industrial investment is much lower than residential, since the tenant will pay for all rates and body corporate fees.
