Commercial Property
Commercial Property

SDM Law provides practical and efficient commercial property solutions.

Our advice includes:

  • Sale and purchase of commercial property including industrial, office and retail property
  • Due diligence
  • Structuring the financing of commercial property transactions
  • Leasing and subleasing
  • Development of commercial property including unit title developments
  • Advice on body corporate issues

Commercial property transactions require careful attention to detail and thorough due diligence. Our team has extensive experience across all types of commercial property and can ensure your transaction proceeds smoothly.

Areas of expertise
FAQ

Frequently asked questions

1
What due diligence should I do when buying commercial property?
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Should include title searches, building/compliance reports, environmental assessments, lease reviews, financial analysis, zoning compliance, structural/seismic reports. Check building codes, infrastructure, rates.

2
What are the key terms in a commercial lease?
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Key terms: rent amount/review mechanisms, lease term/renewal options, permitted use/restrictions, maintenance/repair obligations, insurance requirements, assignment/subletting rights, rent review procedures.

3
How do commercial property rent reviews work?
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Typically occur every 2-3 years based on market rent, CPI increases, or fixed percentages. Lease specifies method/timing. If parties can't agree, may go to arbitration/expert determination.

4
What financing options are available for commercial property?
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Options include bank mortgages, non-bank lenders, vendor finance, syndicated loans for large properties, development finance. Require higher deposits (20-40%), higher rates, shorter terms than residential.

Take the first step towards resolution and legal success.

Tony Meggitt
Director

Connect with us today and let our experienced team guide you towards effective solutions and legal counsel.