No Idea!!!!

Both buildings are leased, what is the net rent? Putting a val on them will be more difficult than a traditional commercial space as they are both heritage items - either seek your own valuation or drop them.

(Yields will be compromised due to the nature of the buildings, restrictions on redevelopment and current/alternative usage).
 
If you can afford to even half seriously look at those, especially the West Perth one, you should know the answers to all of your questions and then some.

Start off with something you can afford and learn on the job.
 
hence the title....... I was just trawling through RC.com.au and came across them! how would someone accurately be able to predict the lease $ potential of the freo one post development/ change of use?
 
spanna said:
how would someone accurately be able to predict the lease $ potential
Click to expand...

Maybe no-one can....and that's where the opportunity for the canny investor opens up.

Being absolutely sure of something....like what all of the journalists ask for "yeah but, what guarantee can you give"...is not real life.

Embrace the unknown factors and run with it....you might actually fall on your feet, and then people will be scratching their heads and saying "yeah but, how did you know".
 
Daz have you ever done a commercial rejuvenation deal? (Sincere question)
Do you think they can be profitable at the level of the Freo property? Or are they usually bought buy people with to much money who are caught up in the romance of saving the building blah blah blah
 
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