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  1. J

    Net rent

    Each area is different, Trogdor. Certain areas I work in are dominated by gross leases (70-80% are gross) as this has been established as the norm over a long period of time. Net leases are certainly better for the owner though.
  2. J

    Net rent

    This is not always the norm (it would be great for owners if it was!). The smaller tenants usually want gross rentals as they don't want the uncertainty provided by net rents. They just want to know they need to pay $X amount per week. The larger tenants often don't mind net rents and it...
  3. J

    Net rent

    A true net return is gross rental less all costs ie land tax, council rates, strata rates, regular maintenance costs, property management costs, water rates, electricity rates etc. Depends on the property. They will look at any similar properties and make comparisons. Of course if there are a...
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