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hi all
so i have a business that spends approx $100,000 a year for our premises (lease) here in Auckland, this is for flat sealed ground with power and water. no buildings.
If I want to buy my own commerical property and be my own landlord for my business, is the below roughly correct?
4% yield = value would be approx $2.5 million
deposit required would need to be approx 35% so $875,000
do I have that approx correct?
so i have a business that spends approx $100,000 a year for our premises (lease) here in Auckland, this is for flat sealed ground with power and water. no buildings.
If I want to buy my own commerical property and be my own landlord for my business, is the below roughly correct?
4% yield = value would be approx $2.5 million
deposit required would need to be approx 35% so $875,000
do I have that approx correct?
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