Hi Starcrafty,
To answer your questions:
Question 1 - Your analysis is correct and indicates that the yield is low and you've already run a number of sensitivity tests confirming this. So the ultimate conclusion to sell is correct regardless of whether you have to pay back depreciation or not.
Question 2 - What sort of floor area is it?
Another question - Is the rent correct / at market levels? It seems like the rents there haven't moved in a decade.
To answer your questions:
Question 1 - Your analysis is correct and indicates that the yield is low and you've already run a number of sensitivity tests confirming this. So the ultimate conclusion to sell is correct regardless of whether you have to pay back depreciation or not.
Question 2 - What sort of floor area is it?
Another question - Is the rent correct / at market levels? It seems like the rents there haven't moved in a decade.
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