Hi, I was just wondering,… Say you had a commercial property and the rent was $100 p/w and you put the rent up to $200, would this also increase the value of the property??
always look on the bright side of life
If the property was worth $200 p/w and you could secure a good lease with options then it would certainly increase its value.
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Interesting that..investment property’s value is based on the /m2 rate you can get for the rent.
The question makes me wonder how possibly the rent can be increased from $ 100 to $ 200 in one hit.
And, yes, if the rent is the correct value then that will certainly influence the value of the property. (though there are other factors which come into play as well).
Pisces
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