Purchase & Sale of Commercial Property
Buying or selling a commercial property is a big decision and invariably involves a major financial commitment. We have years of experience with this type of transaction. We apply this experience to ensure that your legal position is protected to the maximum extent possible throughout the transaction.
Things to consider when buying industrial and commercial properties
Some points you need to remember when you are purchasing any type of properties are:
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Some more factors you need to remember are:
All properties in Victoria fall within a particular Plan scheme and Zone. By checking which of these affect your property we can determine what is allowed, what is possible and what is prohibited with respect to each property. We can also check that the property as it is currently has not breeched any of the planning or zone provisions.
A property may be sold with vacant possession or it may be sold subject to an existing lease. The implications of either scenario need to be considered. It there is a lease this can have a positive effect on the value of a property or a negative effect. We regularly provide advice and guidance on these types of issues.
Contamination issues can affect both residential and commercial properties. It is very important that the relevant checks be made as an adverse finding after sale or purchase risks a very significant risk of financial loss. We will protect your position with sound advice if these issues affect your sale or purchase.
In many situations GST can be a live issue. If not dealt with correctly you stand the chance of losing a significant sum of money. This can happen whether you are a vendor or a purchaser. We will ensure that the executed sales documentation correctly accounts for GST and protects your position.
Speak with our Legal Experts today!
Contact us today for a free quote or to arrange a free, no-obligation consultation with one of our experienced Melbourne based property lawyers.
Expertise and Services
Our team has been providing legal services to the property industry for over 19 years. We have extensive experience in transactions that feature property syndication, leasing, and multiunit developments. Our experience extends to cover the acquisition and disposal of commercial, industrial and retail properties. We also engage in the development of other residential and commercial properties including business parks, hotels, resorts, large format retail centres and multiunit residential projects.
Our team is adept at managing many different types of clients and stakeholders including offshore investors, hoteliers, financiers, developers, retailers and owner occupier buyers. Our broad based knowledge of the industry also allows us to identify potential opportunities for our clients.
Some other services we provide are:
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Our Commercial Business legal team offers an extensive range of legal aid concerning anything related to litigation.
Our skilled and knowledgeable professionals are ready to assist you in the most efficient and expedient way. When you avail our legal services, you can leave all the legal matters in our capable hands. We ensure you receive the appropriate legal assistance.
Contact Us
Our Commercial Business legal team offers an extensive range of legal aid concerning anything related to litigation.
Our skilled and knowledgeable professionals are ready to assist you in the most efficient and expedient way. When you avail our legal services, you can leave all the legal matters in our capable hands. We ensure you receive the appropriate legal assistance.