The recent formation of a Rawson Commercial franchising division has come at a time when there are big opportunities in this field in selected areas, although these are often not seen by many, says Bill Rawson, chairman of Rawson Properties.
Right now, says Rawson, small one or two man commercial operations will find many worthwhile breaks.
'Already,' he said, 'we can list four or five properties for sale through our first Cape Commercial franchise, which give an annual return of 8 to 12%. This is still the level obtainable in carefully selected properties countrywide'
With interest rates at their present levels and banks relaxing their loan criteria, this type of return is definitely worth investigating. If as is highly probable, he adds, interest rates return to higher levels over the next four years. It is reasonable to predict that rentals will increase ahead of or at least in line with these interest rate rises.
'The market is, therefore, right for the investor who has the time (and the correct advice) to cherry-pick good opportunities '“ and it is these investors who our new franchises will target'
For further information contact Bill Rawson on 021 658 7100 or email bill@rawsonproperties.com.
