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  • Profile photo of Prop ProProp Pro
    Member
    @prop-pro
    Join Date: 2003
    Post Count: 3
    January 19, 2004 - 4:04 am

    Booboo,

    Look at the use clause within the lease and the rent review mechanisms. Working for a large landlord with which owns a child care centre, the review mechanism was to market and CPI in alternating years. My experience has been that it is difficult to obtain market rents for child care centres and that rentals are generally lower than what is achieved say for commercial office rents.

    Good luck with the investment.

    Cheers
    Prop Pro

    Profile photo of Prop ProProp Pro
    Member
    @prop-pro
    Join Date: 2003
    Post Count: 3
    January 16, 2004 - 8:35 am

    Apparently all these properties have been sold. If all have been sold in one day, it would be great if one of those 549 people who read the post could drop a line a say that they did purchase one, and what the deal looked like.

    Cheers
    Prop Pro

    Profile photo of Prop ProProp Pro
    Member
    @prop-pro
    Join Date: 2003
    Post Count: 3
    January 16, 2004 - 1:00 am

    Hi Craig,

    It sounds like only one minor blemish has lead to quite a bit of heart ache for you and your family. Would you be interested in entering a wrap deal in a location and for a home that suits your requirements.

    I would be interested in trying to assist and find a win-win solution for both of us.

    Good Luck.

    Regards,
    Shane

Viewing 3 posts - 1 through 3 (of 3 total)