hi
I've notice a few guys wanting info on good returns and capital growth check this out as an example….
http://www.realestate.com.au/104878255
please note I am not endorsing this use as a guide and example only
Cheers
mikeyMikey,
thanks for the example. however, typically leasing a place to a company will generally have a higher rent. if after the 2 yrs, the company does not renew the lease and the plcae is leased to an ordinary tenant, that's the rent that really needs to be considered for calculating ongoing return. I've seen rents drop by around 20% when going from company to ordinary tenant.
Just something to think about.
JNMwill that area turn into a ghost town should something happen to the local mining industry?
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