In this episode, we are joined by Amber Arkell from Survus Landsurveyors and Good Title to talk about the fundamentals of cross leases and what investors need to know about them.
Of particular interest, Amber references the Opportunity Knocks report, an article written by Dr. Michael Rehm showing the value discount on Cross Lease and Unit Title properties. This shows that for Auckland based cross lease properties, they are 7-18% cheaper than they would be had they been freehold.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
The Property Academy Podcast