Deposit Power Guarantees can be used to buy commercial or business use properties such as individual factory units, retail, office and storage space, commercially zoned vacant land and general business premises.
Individuals, companies, trusts or Self-Managed Superannuation Funds (SMSF) can purchase commercial properties up to a Deposit Guaranteed amount of $200,000.
Commercial property applicants must be able to provide documentary evidence of their ability to complete the purchase such as an unconditional loan approval and/or other funds to complete the purchase such as bank account statements; shares or sale proceeds from another property.
A flat fee percentage fee of the deposit amount applies for settlement terms up to 6 months for a Deposit Guarantee for commercial property purchases. Click here to get a FEE QUOTE.