Lease Options - To add an option or not? | Oliver Myers Real Estate

Lease Options - To add an option or not?

13 Nov 2013

In Commercial / Industrial Real Estate the addition of a lease option to a tenancy agreement provides the tenant the ability to continue on at the end of the initial lease period. This is advantageous to both the tenant and the property owner, as it gives contractual rights - as per the original lease.

For those looking to take on a commercial/industrial lease, this can give you a real sense of security, knowing you can continue on in your current premises and business can go on as normal.

Ask us today about this as an option for a property we have for you to rent.

If you are looking to invest why not take a look at our For Sale section and browse through the commercial listings we have that will provide excellent returns.

#commerciallease

When looking for a property for my parents, I was introduced to Tony. After I described my requirements, he took the time to show me areas that fulfilled my requirements, and then specific locations, floor plans and similar new homes that he believed, based on my criteria, would be suitable. Thank you Tony.

- Mac
Maroubra

Tony and his team were willing to go the extra mile to show us properties in new and growing areas that would be suitable to include in our investment portfolio. Following our earlier success in securing a new build on land in the Newcastle region, we were keen to investigate other locations which would provide capital growth and good rental return with a low vacancy factor. His team thoroughly researched all those requirements and provided great options.

- Roger Smith
Tea Gardens

Tony and his team assisted us in buying a new off-the-plan home for investment purposes. We were given plenty of information on the location and trends in the area, and the types of properties that were popular with tenants. Tony has many trusted contacts in real estate and associated industries, and referred us to a quantity surveyor who has helped us claim a lot more depreciation than we thought we could, and to a great property manager that is making our life easy for us as landlords. It’s been a very successful relationship!