I'm looking at two properties.
First one is 400m2 zoned in a mixed residential are with 6 storey building height restriction.
Second one is on 600m2 in a light industrial zone with 3 storey building height restriction.
Based on this limited information I'd like opinions on would you think has greater potential for land value to increase in the future?
Both currently have houses on them with rental yield about 4.5%.
Thanks
First one is 400m2 zoned in a mixed residential are with 6 storey building height restriction.
Second one is on 600m2 in a light industrial zone with 3 storey building height restriction.
Based on this limited information I'd like opinions on would you think has greater potential for land value to increase in the future?
Both currently have houses on them with rental yield about 4.5%.
Thanks