Investors in Brisbane today have a wide variety of options when it comes to leases and how they will serve the property in an investment sense. Importantly the lease that an investor uses should be drafted by a solicitor of sound commercial property experience. Brisbane is a thriving and growing capital city on the eastern seaboard of Australia. Investments in property are a good thing.
It should be said that a lease of commercial or retail property is not just about the rent; it’s about occupancy, security, investment, improvement, and stability. When you have a tenant, then the lease takes over in the control sense to cover off on these issues.
Nothing is more troubling than a lease that has been drafted by someone with little local property knowledge and experience. The reality is a lease should be structured for the property, for the future, and for the location. Not all properties are the same and on that basis, no lease should be the same. Not all investors are the same from an investment perspective. This is where the variables of property use and occupancy become important, and the lease then takes over in the control sense.
A good property solicitor that is acting for a property investor should take into account not just the priorities of the client, but also the elements of the property that need special attention and control over time. From that point, they can structure a lease that really targets the issues for the property owner.