I come across these terms in some recent ads. I tried Google but could not find any explanation. It was used in the context of indicating current rental income, and I have a feeling that the current rental income will not hold for too long.
Holding Income until 31 March 2009
Close to CBD in Industrial one zoning. Good street frontage, with rear entrance to yard area. Main building approx 300 sq.m. Plus 2 smaller units at rear each approx 60 sq.m. Currently fully tenanted on casual leases. Holding income approx $34,800 Plenty of potential to improve the income from this site
Withholding income of $50,000 per annum from current tenant
Close to CBD in Industrial one zoning. Good street frontage, with rear entrance to yard area. Main building approx 300 sq.m. Plus 2 smaller units at rear each approx 60 sq.m. Currently fully tenanted on casual leases. Holding income approx $34,800 Plenty of potential to improve the income from this site
Withholding income of $50,000 per annum from current tenant
Comment