Commercial property loans for every business owner or investor

Have you got your eye on an industrial or commercial property? Perhaps your business is expanding so you need more space or a new fitout?

We’ve been assisting Sunshine Coast businesses with commercial property loans for many years. Our experienced Mortgage Brokers are able to match you with a lender that has experience in lending to business owners or commercial property investors with properties like yours.

Let us know what you’re looking at and we’ll ensure your commercial property loan is competitive and hassle-free.

Just a few of the property types we can secure loans for include:

  • Commercial offices
  • Factories
  • Warehouses
  • Showrooms
  • Retail spaces
  • Shop fronts
  • Farms or rural properties
  • Pubs, hotels and taverns
  • Restaurants
  • Car Yards
  • Petrol Stations
  • Resorts
  • Caravan Parks

Specialised commercial properties include farms, rural properties, pubs, hotels, taverns, resorts, caravan parks, restaurants, car yards and petrol stations. As these are more difficult to sell they are often a higher risk to the lender.

It’s smart to have a Mortgage Broker on your side for these complex applications. We do this every day, so we know exactly what the banks are looking for in an application, which makes both their job and yours that much easier.

There is less legislation governing commercial property loans. This is great in that the bank’s lending policies can be more flexible. However, as a commercial property buyer you do not have the same protection as home buyers.

Give us a call or enquire online now, so we can run through what to know before you borrow!

We can help you to understand the features available on commercial property loans. For example, loan terms for commercial property are typically up to 15 years, but can be longer if required. Interest rates can be fixed or variable. Additional repayments are often allowed on variable loans. Offset accounts are usually not available. Talk to us so that we can match you with a lender that can accommodate your commercial property finance needs.

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Just a few of our lender partners:

Choose a Loanright Broker to be your advocate

and Choice

There are hundreds of loans available in the commercial property space, so why would you limit yourself to what your bank has available? As Mortgage Brokers we listen to you to understand YOUR needs, then we compare a variety of commercial property loan products available from Australia’s leading lending institutions.

Keep Competition Alive

We work with multiple lenders, to keep competition alive.

If Finance Brokers were not in business, competition and choice in the commercial property loan industry would decline. Bank power and the risk of higher interest rates would increase, leaving Australian’s to pay the price.

Stress-free Process

Once we’ve established which loan suits your needs, we’ll get to work on your application, complete all the paperwork and submit it to the bank on your behalf. Our aim is to save you time and stress. We’ll get things moving as quickly as possible so you can settle into your new commercial property, or prepare it for new tenants.

Commercial Property Loan Reviews

We don’t just set you up with a commercial property loan and then forget about you. Some lenders require annual reviews on commercial property loans. The lender may ask you to provide a profit and loss, balance sheet and cash flow forecast. We can assist you with this process and make sure your loan is still working for you.


Commercial Property Loan FAQ's

We’re all unique when it comes to our finances and borrowing needs. Contact us today, we can help with calculations based on your circumstances.

Most Australian lenders require you to have a minimum deposit of 5% – 10% of the purchase price, plus enough savings to cover your purchasing costs (eg. stamp duty and conveyancing).

If you’re not quite there yet, give us a call and we’d be happy to provide you with some pointers on saving more of a deposit or next steps. There are also some great home loan resources on our blog.

There are so many different loan products, some with lower introductory rates, so we really need to talk to you to understand your needs, before we can quote your repayments. Talk to us today to see what’s currently on offer from our lending partners. We’ll work with you to find a loan set-up that’s right for you.

Most lenders offer flexible repayment options to suit your pay cycle. We recommend that you aim for weekly or fortnightly repayments (as opposed to monthly). In doing so you will make more payments in a year, which will shave dollars and time off your loan.

There are a number of fees and costs involved when buying a home, or any property. To help avoid any surprises, the list below sets out the most common costs:

  • Stamp duty — This is the big one. All other costs are relatively small by comparison. Stamp duty rates vary between state and territory governments and also depend on the value of the property you buy. You may also have to pay stamp duty on the mortgage itself. Ask your Loanright Mortgage Broker to estimate your possible stamp duty charge.
  • Legal/conveyancing fees — Generally around $1,000 – $1500, these fees cover all the legal requirements around your property purchase, including title searches.
  • Building inspection — This should be carried out by a qualified expert, such as a structural engineer, before you purchase the property. Your Contract of Sale should be subject to the building inspection, so if there are any structural problems you have the option to withdraw from the purchase without any significant financial penalties. A building inspection and report can cost up to $1,000, depending on the size of the property. Your conveyancer will usually arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).
  • Pest inspection — Also to be carried out before purchase to ensure the property is free of problems, such as white ants. Your Contract of Sale should be subject to the pest inspection, so if any unwanted crawlies are found you may have the option to withdraw from the purchase without any significant financial penalties. Allow up to $500 depending on the size of the property. Your real estate agent or conveyancer may arrange this inspection, and you will usually pay for it as part of their total invoice at settlement (in addition to the conveyancing fees).
  • Lender costs — Most lenders charge establishment fees to help cover the costs of their own valuation as well as administration fees. We will let you know what your lender charges but allow about $600 to $800.
  • Moving costs — Don’t forget to factor in the cost of a removalist if you plan on using one.
  • Mortgage Insurance costs — If you borrow more than 80% of the purchase price of the property, you’ll also need to pay Lender Mortgage Insurance. You may also consider whether to take out Mortgage Protection Insurance. If you buy a strata title, regular strata fees are payable.
  • Ongoing costs — You will need to include council and water rates along with regular loan repayments. It is important to also consider building insurance and contents insurance. Your lender will probably require a minimum sum insured for the building to cover the loan.

Ready to get started?Discover your options and chat with a Loanright Broker.