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Re: Re: RE: [sharechat] Residential property again

From:	"G Stolwyk" <stolwyk@wave.co.nz>
Date:	Fri, 18 May 2001 13:42:10 +1200

Yes, Roy, there are competing demands, are'nt there?

I say that the " balance of probabilities " would lie with AIA or the Auckland Airport.

There are a lot of tenants there and you could just about class them as " residential " because their shops are open for such a long time!

Given time, there ought to be a good non - taxable gain and imputed dividends to the long term shareholder and your property won't be damaged by some unruly tenants!

Why look further!

Gerry

Holds AIR

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