Dear PTers
Could you please explain general yield targets you look for when buying a commercial property in Auckland?
For example, when buying residential, an approx 8% gross yield is a good goal for an Auckland PI.
What about Commercial yields?
- Does industrial or retail have different yield targets?
- Why are commercial yields generally higher than residential? More risk of tenant bankrupty and long vacancies??
Shane D
Could you please explain general yield targets you look for when buying a commercial property in Auckland?
For example, when buying residential, an approx 8% gross yield is a good goal for an Auckland PI.
What about Commercial yields?
- Does industrial or retail have different yield targets?
- Why are commercial yields generally higher than residential? More risk of tenant bankrupty and long vacancies??
Shane D
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