When it comes to starting up your own business, there are a lot of things to consider. The more serious and confident you are about your endeavours, the more money you are perhaps likely to invest in it.

Whether you’ve been a hard saver, received a loan or lucky enough to be given a free head start with family inheritance, you’ll want to make sure that the business venture you launch is properly thought out, as the last thing you’ll want is for your business to fall flat on its face.

Commercial property investment is becoming a hugely popular option for wannabe business entrepreneurs in today’s world. In New Zealand for example, residential property investment doesn’t offer the return on investment that it used to. For this reason, commercial property in NZ has become more in demand.

In Auckland in particular, there are untold industries to choose from, giving you plenty of options as far as launching your new business venture is concerned. Industrial property investment is supposedly the cheapest of all commercial property investment options available and also the simplest to understand. This is particularly important, especially if this is your first business venture. With commercial property investment, there are often very few problems that arise.

In New Zealand, most industrial buildings are just simple boxes with certain sized area partitioned off and used as office space. More often than not these are very cheap to build and require very little or no maintenance. It’s this type of commercial property in NZ that are becoming more and more popular every year.

Typically, an industrial property would include those used for light or heavy manufacturing units, a warehouse for storage purposes, factory/office-type multi-use property, industrial parks and retail warehouse units. Industrial property units tend to range from 1000 – 50000 square feet in size.

Most industrial properties are not reliant on the quality of location, as opposed to commercial property like retail and hospitality, where a business is rather dependant on their location being easily accessible and recognisable.

Commercial property investment varies greatly in cost throughout Auckland. Many of the smaller type properties tend to have shorter term tenancy contracts. If you are considering investing in commercial property in NZ, it’s recommended that you carefully decide how big or small your property needs to be. Bear in mind, it’s a lot easier to handle a smaller commercial property than a medium to large sized one.