Australia overseas investment property
With the possible exception of real estate, Australia overseas investment property, including the “niche” investment properties described below, have similar trait.
Some Australia overseas investment property investors make private equity style real estate investments. The said investors acquire real estate owning companies or stakes in such companies like Central Wealth, rather than invest in individual Australia overseas investment property or real estate debt. Another form of private equity property investing is the creation of a company, which would then invest in Australia overseas investment property companies, properties, debt or a combination of the three.
Industrial, office and retail properties are measured in square foot when you buy Australia overseas investment property like building, it can be measured in “gross square foot” or “net square foot.” An article in certain Magazine offered definitions of both terms: Gross square foot - “the sum of the areas at each floor level, including cellars, basements, mezzanines and more. Included are all stories or areas of the property that have floor surfaces with clear standing head room (6 feet 6 inches minimum) regardless of their function.” Net square feet - “the sum of all areas within the perimeter walls of the building measured to the inside faces of said walls and including all shafts, columns, ducts and risers whether it is separately enclosed or not.”
When you own Australia overseas investment property like apartments, hotels and self-storage facilities can be measured in square foot, but are more commonly measured in areas or rooms. For example, a commercial complex may have 100,000 square feet, but would commonly be described as having 800 units of Australia overseas investment property. A hotel may have 90,000 square feet, but it would be more common to identify it as having 480 rooms.
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