Reply: 1.1
From: Donna L
I recently did the exercise with a strata-titled car space which was on a 10 year leaseback. Initially it looked good but when you took into account the Strata levies, little depreciation and the interest on the loan you really had to rely on the capital growth. Also concerned that if leaseback operator did not renew, about 150 carspaces would all hit the market at once which could be a problem.
Donna L