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I agree Joanna. I got slam-dunked :D but learnt a lot.

Anybody else out there? I've been thinking about this (most strange)... I've probably diddled myself big time in my price estimate. I'm estimating the price based on a tenant who I have arranged. The place is being sold as untenanted. And I'm buying it with a price which is dependant on...

Actually, thinking about that... $283K? I could offer $20K above purchase price to the owner of shop C (Making $248K), and make a cash offer to Mr Dodgy Tenant (whose business is probably in trouble anyway) of say $10K- and be way ahead on the deal. Mr Dodgy would have 6 months to vacate...

This is a bit of a new world for me, so I'd just be guessing... Rental per square metre seems to be fairly constant (between $216 and $228). If I took a figure of $220 per square metre, I'd guess rent would be around $25,520 pa. Rental returns appear to be based on risk. Return is 6.9% for...