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9% guaranteed yield, What do you think? Is this considered to be an average, or a good yield for commercial property?

What % yield would the buyer of a commercial property consider to be reasonable at the moment? We are thinking of offering the freehold of the property that we operate from, for sale, with us leasing it back, and wonder what sort of rental we would have to offer to make it feasible for a...

I was up there at the time of the "floods" - really just a normal wet season - and couldn't believe the exaggerations published by the media - even the local paper sensationalised it. The city itself did NOT flood - the end of Lake St near the water did (as it always does) but that's all...

Pot calling the kettle black! I think they had NO cyclones up there at all this year, and didn't the recent bad weather we had in SE Qld & Nth NSW cause as much if not more damage than any northern Qld cyclone has?

Thanks for your replies. However, I'm told that if there is a shortfall the financer who has taken possession of the property claims the difference on LMI. Do THEY then come after the poor disposessed 'owner' or is that what the huge premium charged at the start of the loan was meant to cover?

On the other side of the coin, does anyone know what happens to the "difference" if the property is sold by the mortgagee for less than the loan was for? Is that what LMI is for? If you are the owner of the property taken back by the bank, and being auctioned off, is that the end of it or do...