Boarding House Commercial Investment Advantages
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- Опубліковано 2 сер 2022
- Boarding Houses are continuing to be popular as property investments.
Many residential property investors are attracted by the much higher yields and viewing boarding houses as the next step up to other commercial real estate investments.
Why?
Let's check some of the benefits...
Great cash flow with double plus better returns than residential property (often with similar capital gains as residential.
Government incentives such as;
Generous increased floor space bonuses
Tax advantages for eligible boarding houses
Government policies encouraging "new generation boarding house" development in low density residential areas where commercial development is prohibited. (ie your own residential home could possibly be converted to a high returning asset)
New generation boarding houses (boarding house rules & regulations) requirements include;
Self contained or shared facilities
Rooms minimum size 12m2 for singles
Communal rooms where there are more than 5 + bedrooms
Maximum of 2 lodgers per room
Require on-site manager if more than 20 lodgers
Be cycle friendly
Have certain open space requirements
Interested in finding out more or investigate if your property can be converted to a higher yielding property investment click below for more information
podio.com/webforms/8762063/64...
CST Properties - Con Tastzidis
Hotel, Tourism & Leisure Property & Business Specialists
For detailed article on Boarding Houses follow link below
www.cstproperties.com/why-pro...
Please note that government laws may change from time to time.
Link to Property book "Commercial Real Estate Investing for The Residential Investor - The 7 Myths Of Commercial Property -www.amazon.com/dp/B0BV5NVJYD/
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