Should I Buy a Commercial Property for My Business?
If you’re currently renting space for your business, you might wonder, Should I buy my commercial property instead?
It’s a smart question — and the answer depends on your goals, budget, and long-term plans.
Why Buying Can Be a Good Move
1. You’re investing in an asset
Every monthly payment goes towards something that belongs to you, not your landlord. Over time, the property may increase in value, helping you build wealth.
2. More control over your space
When you own the property, you don’t need permission to renovate, expand, or redesign your space. You can customise your office, shop, or workspace to meet your business needs.
3. Potential rental income
If the property is larger than what you need, you can rent out part of it to another business, generating an additional income stream.
4. Stable monthly costs
With a bond, your repayments are generally more stable compared to unpredictable rental increases. This can make budgeting and financial planning easier.
But There Are Important Things to Consider
1. Upfront costs
Commercial property usually requires a deposit of 10% to 30%, depending on your financial position. You’ll also need to budget for transfer duties, bond registration fees, and legal costs.
2. You’re responsible for everything
Owning means you’ll handle rates, taxes, insurance, and all maintenance. It can be more admin than renting.
3. Less flexibility
If your business outgrows the space or relocates, selling a commercial property can take time and may not be a quick solution.
So, What’s the Right Choice?
If your business is stable and profitable and you’re planning to stay in one location for several years, buying a commercial property can be a smart long term investment.
At Secubond, we help South African business owners apply for commercial property finance with confidence.
We compare the best deals from the banks and guide you through the full process — from application to approval.
📞 Want to know if you qualify? Let’s talk.
Whether you’re ready to buy or just exploring your options, Secubond is here to help you make the right move.