Hi, I am planning to purchase a small commercial office in Perth southeast area.
The office is part of a 12 office strata complex. Office is not directly exposed to the public view but slightly hides from the road views. The complex is old (40 years). The office is 38m2 and has the door in slantish type front wall. At least 32m2 of rectangular space is available.
The train station is 300m away and is being redeveloped.
Wondering for what kind of business purposes this kind of small office space will be used? Is it worth to buy such a small office? This small office will be leased and not for my personal use. Is it safe to assume $150/m2 per year of rent after all outgoings?
Any queries please let me know. Your feedback or productive comments are much appreciated.
Thank you
This is a bad idea