If the lease is long enough the resell value should not be too much of a factor. I think <50 yrs is a little risky. In your case, should still be ok. Maybe you can calculate the COCF as a gauge whether if it is a good investment or not?
Anyway, just my 2 cents.
Investment WTA- leasehold shop lot, sub sale 85years left..
Nov 23 2009, 03:45 PM
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