Why lease when you
can own.

Become Your Own Landlord

Not only will you benefit from capital appreciation, you’ll have complete control over your work space and your tenancy. The District’s flexi spaces are fully customisable. You can start small with an efficient use of space and expand with a mezzanine as your business expands.You can even lease back to your own business to maximise tax advantages.

Favourable Tax Treatment

Unlike Residential property, the rules for depreciation and the tax benefits associated with it have been reinstated for Commercial Property at a rate of 2% a year. This recent change is part of the government’s Coronavirus package but it is permanent and ongoing. Over time it’s a significant long term advantage over Residential.

The Benefits of Commercial

Commercial Property owners aren’t subject to the Residential Tenancies Act. The Act strongly favours residential tenants and disadvantages residential landlords substantially – including taking away the landlord’s right to remove a tenant after 90 days.


As an owner, you’re not liable for the operating expenses, these are the responsibility of the tenant and are additional to their lease. 

Improved Yield

While Residential investments typically yield 2-3%, Commercial and Industrial can often yield up to twice this level. Leases also provide greater certainty to investors with fixed terms and guaranteed income for that lease period. Because The District is attractively priced at an in-demand location, investors will be able to generate cashflow positive returns from the outset. Over time investors will be able to increase their returns with regular rent reviews.

Accessible At Last

Up until now, it has been challenging to make the most of these attractive yields without investing through a syndicate. With units at The District starting at an affordable price point, freehold commercial and industrial in Penrose has never been so accessible. 

A Solid Investment

Unlike investing in Commercial and Industrial property through a syndicate, an investment in The District will give you complete control. You benefit from the tax advantages and you get to make the rules. And unlike investments in the stock market you won’t be exposed to extreme levels of volatility and uncertainty.