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608b buying commercial property with expert Scott O'Neill

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How to Buy a Vacant Property?

If there is a building that has been vacant for some time and it is for sale, that's probably when you're going to potentially get a deal. A lot of people will buy vacant because you can often get it at a slight discount. So if you're buying it as an owner-occupier, go for it because you will get a slightly better price. But remember, a vacant property will attract a GST on the price as well.

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