Recent content by KSTA

  1. K

    Commercial Buy

    What do industrial businesses want? There are quite a few new industrial sites on the coast. Where abouts are you looking to buy? What sort of site requirements do you have? I do not have any property on the coast (i.e. am not trying to sell anything), but am interested in learning about...
  2. K

    Jumping in the deep end

    Yield vs Return ? Thank-you - I finally understand the importance of stipulating a % increase and not just leaving the rent CPI. Acer - ratchet clause - nice simple explanation, now to get it accepted in the lease agreement. I read an earlier thread about 'Yield' and people generally were...
  3. K

    Jumping in the deep end

    Contacting National Tenant LA Aussie - we engaged the services of a well known commerical real estate agent. We drove around lots of industrial estates and made a list of the businesses that we thought would be suitable for our site. With a little more confidence we would have cold canvassed...
  4. K

    Jumping in the deep end

    I can see the light Thanks Belu and acer, I gathered that the concept of return is a fairly fluid - one that needs to be carefully defined. It was for this reason I wasn't sure if I was comparing apples with apples. I hadn't taken into consideration the effect of depreciation - it will...
  5. K

    Jumping in the deep end

    Cheers Point taken JoannaK - I have read a number of your posts and I appreciate your reply, even if it seems a little harsh. To clarify a few points. The agent is a very experienced industrial/commerical real estate agent. Most of our figures regarding estimations for rent have come from...
  6. K

    Jumping in the deep end

    After months of looking at residential PI my husband and I purchased an industrial block of land as we felt given his background in building design we knew more about this area and we could use his skills to design and lodge applications to coucil. The catch - instead of a $400K outlay we have...
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