Thanks all for your help. I have learned heaps.
Cheers,
JaneL

I spoke to a local agent who gave me a figure for land-only, then commented that I knew more about the local property market than he . I added the replacement cost of the buildings, used a formula to calculate the business value as a going concern and then rounded up to take account of the other included assets. The final figure was less than I…[Read more]

Thanks Otto. Would a smaller block, say 200ac with house (our home title) that’s worth less or the same as the loan be more viable?

Thanks for those references Scott. Am looking!

colinnewland wrote:
Asking a silly question? Why do you want to rid yourself of a cash generator?Are you looking to retire or to move onto other projects?

It’s a very relevant question, Colin. And the answer is: downsizing to other projects. An unexpected but desired opportunity presented itself recently that is both a downsize and perfect for…[Read more]

Thanks all for your input, I really appreciate it. We’ve never sold anything like this before.

We want to value it for sale. We would like to include the going business concern. We’ve got bookings, a good online presence and we attract media attention. We’ve been operating for 2 years with one venue, 18months with the other. A new owner would be…[Read more]