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  1. R

    Estimating buy price - Part 2

    G'day Les Your comments and my responses. I will attack your thread in two parts, all the first and the last paragraph seperately. The love of my life has reminded me that we are to join a group of friends later today and head off up the Hunter for three days. It seems I have to eat a...
  2. R

    Estimating buy price - Part 2

    Hi Dionysus888 Yes you are quite correct. Shopping centres have more ways than enough to get their hands in your pocket. I am going to attempt to highlight a number of differences between a Commercial lease and a tenancy agreement on which the forum may comment. I thought I would have...
  3. R

    Estimating buy price - Part 2

    Hi Andrew C To answer your questions My comments about Rental Valuations are generalisations. There are always exceptions. Some retailers must have huge floor space, like furniture stores, supermarkets etc., others who retail small items like sunglasses or Loto tickets only require a...
  4. R

    Estimating buy price - Part 2

    Hi Les and All I think that the concept of these exercises is great and welcome more. To answer Les's questions. I noted that the three shops all sold recently but admit I let that fact slide past me as time went by. My uncertainty is I don't know if the shops were leased prior to or...
  5. R

    Estimating buy price - Part 2

    Hi I have been reading back over some of the other contributions to this thread and I find it a little disconcerting to see so much arithmetic in arriving at an answer. It should not be necessary. If you buy the premises at auction, it would be great to have a tenant lined up to move in...
  6. R

    Estimating buy price - Part 2

    Hi A good thread, I like the concept of discussion. Some NON mathematical leasing comments first. Shop A is let for $216 psmpa (per square metre per annum) to a National Franchisee. These types of lessees typical screw the owner down to the lowest rent possible which is evidenced by...
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