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Sanzy, I'm not into commercial myself yet, but I would highly recommend you get a depreciation report done. You say the buildings were built in 70/80's, but you may be surprised what a Quantity Surveyor will come up with. I had the same thoughts with a property I own built in 1950, and boy was I...

Sanzy, just want to add my thanks for your detailed and informative post. Pleasure to read. :)