Deal review: “4 Tenants with Development Uplift”

I love development uplift! 

The returns on these types of deals can take well into the double digits. 

In today’s deal review I’ll dive into a property just out of a major city that has so much potential. It also has 4 tenants bringing in a solid income. 

Some of what I cover: 

• How I’d figure out the best use of this land for development   
• Why you must break down the tenancy schedule carefully 
• Why the cap rate will be different across the 4 tenancies 
• 3 challenges petrol stations are facing 
• Why you must always check the details in the listing (Straight away I can see a mistake from the agent)