When it comes to investing in a commercial property in Australia, you have a wide range of options. However, you need to choose the best one.

Considering the increase in prices of warehouses, shopping centres, offices and new developments, you might be looking for ways to get finances in order to acquire a commercial property.

When a business activity is conducted on a real estate property, it is referred to as a commercial property. The term can also refer to land that is bought to obtain profit.

To get various financing options, you can consult stamfordcapital.com.au. They are the leading experts in commercial property financing solutions and offer a broad range of investment options.

Commercial Property Loans

Most of the times, commercial loans become a necessity for owners of small brands and businesses who cannot afford to buy large or expensive properties.

A unique set of factor and rules affect commercial property loans and these determine the amount you can borrow and the time required for that amount to be paid back in instalments. Commercial loans normally have higher fees than home loans. The pricing and interest rates also vary.

Amount You Can Borrow

For home loans, buyers can borrow almost 80 % of the property’s price. On the other hand, while getting finances for a commercial property, you would have to pay far more cash as the first instalment.

Home loans can also go down when the investors lose their interest in the property market, but commercial loans are difficult to tumble.

Property Development Finance

Getting finances for developing a property is normally a short-term loan. You can use that amount to refurbish and repair an existing property or develop a completely new building.

The instalment period can stretch up to two years but you might have to pay up to 70 % of the total value in advance.

Portfolio Finance

Investors who have multiple rental properties are eligible to take this long-term business loan. They can pay the whole borrowed amount as a single loan but that depends on the lender. The rental income determines the serviceability of portfolio finance.

Bridging Finance

Investors and property developers often opt for this short-term financing solution as it is an easy and quick method to purchase a piece of land. It is like a temporary loan which will get your work done while you look for a permanent source of finance.

That is why the word “bridge” is used in this term as it helps you by forming an easy and alternative path. Many times, lenders use bridging finance to buy and renovate a property. It can be considered as some other form of property development finance.

Some people also make use of a bridging loan for a short-term commercial purpose as they have a clear exit strategy.

The choices that we have described are some of the commercial property financing options in Australia.

There can be many different styles of homes found in the Inner west of Sydney, but the most popular ones, perhaps, are the California Bungalows. The Cal Bung (for short) are homes that were popularized in 1920. They were originally bought in from Pasadena, California, in 1916. The Australian real estate agent who got the first ones assembled, did so for the Rosebery suburb of Sydney.

This style of home became so popular in the 1920s that there were hardly any other style of home constructed in Sydney, other than the widely acclaimed Cal Bung.

There are many Californian bungalows in Sydney

Since its popularity in the 1920s, Sydney has had a love affair with these Californian Bungalows. Films and magazines popularized this kind of bungalow in the 1920s but the real reason they were built were because they were cost effective to build. The uniformity in approach to constructing these houses also meant that they could be manufactured easily in bulk, contributing to their popularity.

In the suburbs of Sydney, you will find many Cal Bungs just sitting out there in the open. The bungalows may seem worn out because they’ve been here for so long but don’t let that undermine its value. The Cal Bung can be refurbished and renovated, and with some interior design and modern styling, it can be a marvel to look at.

Here are some styling tips for these types of homes in Inner West Sydney,

Lightening Them Up with Extensions

The extensions to these wonderful homes can give you the chance to have light enter the home more naturally, allowing indoor and outdoor areas for entertainment to be illuminated greatly. The extensions can allow you to make your home more productive and look amazing with a little bit of renovation.

Remember that the home is a classic, and one can be successfully transformed with the right renovation project. You don’t have to go it alone, as professional interior designers can give you a bit of perspective to create that Advantage Property Styling and look that you want from the Cal Bung.

Double Storey Renovations

This is yet another way to add to your property’s value and to make it pop out from the rest of the homes. You can change the floor plans and add renovate your kitchen, adding lighting fixtures to match your home’s ambience and style.

You may even have custom wardrobes added to your Californian Bungalow to make a style statement. Christophe Living helps you make the decision that’s best for your needs when it comes to double storey renovations. Just remember to keep everything in line with and complimenting the style of your Cal Bung, including the stairs leading to the second storey.

Simplicity and Cleaning Up

Often times simpler, is better. This can be applied to Californian Bungalows in Inner West Sydney. A little bit of touch up on the exterior paint of the house and getting the landscaping to compliment that can go a long way when it comes to styling your Cal Bung.