hi,
we're considering buying our first commercial property. it is a small unit under 500k, half garage/workshop and half office or showroom. it is a unit title property (with one other.)
for valuation purposes, should we be looking for a yield of around 6%? presume this is worked out on the gst-excluded rental figures?
thanks guys
sam
we're considering buying our first commercial property. it is a small unit under 500k, half garage/workshop and half office or showroom. it is a unit title property (with one other.)
for valuation purposes, should we be looking for a yield of around 6%? presume this is worked out on the gst-excluded rental figures?
thanks guys
sam
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