Search results

Yes I agree capital value is worked out on a Net basis. But when looking at market rentals technically Gross is the way to go (as this is the total occupancy cost that the market can support). Then deduct outgoings and capitalise the net rental. The issue is not the subject property where...

You are testing my memory now as I don't have the relevant information with me! :o From memory the Retail Leases Act 2003 states that management fees can be recovered from the tenant if the amount of the outgoing is specified prior to the commencement of the financial year. I believe this was...

I would check how the lease is worded in regards to Management Fees. It may be possible to start recovering those from the tenant depending on the clauses. I have found that it's something small scale investors sometimes overlook because it requires a bit of planning under the Retail Leases Act...