MMJ Real Estate's own Rachael Ferrante was recently invited to speak at the Strata Community Association WA (SCAWA) workshop, where she contributed valuable insights during an interactive session focused on building defects — one of the most complex and pressing issues facing strata managers and owners’ corporations today.
When it comes to leasing commercial properties in Australia, understanding the rental structure is crucial for both landlords and tenants. One of the fundamental decisions to make is whether to opt for Gross Rent or Net Rent. Each has its own intricacies and implications that can significantly impact the bottom line. In this article, we'll explore the differences between these two structures and delve into the nuances of Net Rent, including its collection options.