Investing

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What costs should I expect from my commercial property investment?

The costs associated with buying commercial property in New Zealand are relatively low due to the absence of stamp duty. There are some costs to be considered in addition to the purchase price and ongoing maintenance costs, such as:
  • Loan application fee
  • Conveyancing costs and other legal fees
  • Building inspection costs
  • Land Information Memorandum (LIM) report
  • Registered valuation report
  • Council rates
  • Property management fees
  • Real estate agents’ fees
Your First National Commercial real estate agent can help you calculate these costs.
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