Not too sure if this would be allowed on this forum, but please delete if that is the case....
We have recently put our investment property on the market:
Would be interested from followers of this forum what their thoughts are about value and what useful clauses should be included in the S&P Agreement?
Recently upgraded building to 67% & above NBS, 25 yrs left on lease if all renewal options taken, $165,000 rent plus GST plus Opex, hotel business going very well, estimated at $3.5m T/O ( we use to operate the business until 2015), great location, excellent lease conditions, repaint every 9 years and iconic business & buildings.
Interested in your thoughts.....thank you Malc...
We have recently put our investment property on the market:
Would be interested from followers of this forum what their thoughts are about value and what useful clauses should be included in the S&P Agreement?
Recently upgraded building to 67% & above NBS, 25 yrs left on lease if all renewal options taken, $165,000 rent plus GST plus Opex, hotel business going very well, estimated at $3.5m T/O ( we use to operate the business until 2015), great location, excellent lease conditions, repaint every 9 years and iconic business & buildings.
Interested in your thoughts.....thank you Malc...
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