Sydney is one of the globally developed cities on the planet. It is an interlink of Australia to the rest of the world, which is what makes it one of the most developed and infrastructurally advanced regions of the country. Of course the property prices always remain high. You may be the luckiest man on the planet if you own any property in the town. Properties in Sydney have high commercial value. It can be put to multiple uses. Some earn well owning wedding venues in Dural while others turn it into office spaces. Investing in commercial property is quite lucrative in Sydney. Not just holding and selling may earn you profits, but there are many other ways to turn it into cash cows that will earn you income for long. Here are a couple of ways to make good use of commercial property:
Turn it into commercial complex and rent it to office spaces:
You only need a little renovation to turn the whole space into block of commercial offices. People need personal office spaces to make their business grow. Multiple tenants will earn you continuous rent without putting any extra effort.
Renovate it into cheap wedding reception venues for rental: It may require some initial capital investment but once established people pay high for rents for wedding occasions.
Make it into an amusement place like gaming zone: A gaming zone is another fun and lucrative idea. Many malls have spaces allocated to gaming zones for kids and adults.
A fine dine in restaurant would be another good idea: No better way to make good money by serving delicious food to people at restaurants. There is competition in the field but providing innovative menu and a good theme always catches most customers.
Keep it for your personal office space: Some people have a well established business going on. Then it would be a good option to turn it into a personal office space to accommodate all employees.