ZT: Leasehold - 菜鸟千万别碰

NewLynnHse

Would you pay $100k for a $2.5m house?

http://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=11593010

千万不要一厢情愿的认为你可以把LH变成FH，这个不是有钱就能变的。也不要以为地租不会涨很多，人家可以一次涨个几十倍的。如果卖不出去，你跑都跑不掉的。

A $2.5 million Auckland house offered up for only $100,000 had no takers when the sale concluded this week.

Ian Lillie has been trying to sell his leasehold house in Greenlane since September.

At first glance, it seems like a bargain: a stately 1940s bungalow-style five-bedroom house on almost a quarter of an acre, with a swimming pool and tennis court, in the heart of leafy One Tree Hill.

Then comes the catch: pay $92,500 leasehold fees annually for the next 21 years.

The 1052sq m property was being privately advertised by Lillie and the ad explained the unusual terms. If an annual $92,500 is unpalatable - that's $1.94m over 21 years - then $72,150 annually for seven years is an alternative. However the tradeoff is uncertainty: a new amount would be set in seven years' time and if Auckland property prices continue to skyrocket, it could be more than $100,000 a year after that.

Lillie said this week that he had been paying about $10,000 a year for the last 21 years to land owner Cornwall Park Trust Board.

"This has cost me nothing to stay here," he said, emphasising the lifestyle. But he also expressed concern about the future: "We have two options: sell, which is not an option, or walk away and I'll put money on it that I'll walk away."

The board's director Michael Ayrton said $92,500 was the highest leasehold bill on any of the 110 properties the board owned but the figure was set by independent valuers. "The ground rent is based on the current market value of the land, which has risen rapidly over recent years in Auckland.

"There is a natural life cycle in leases, where they are seen as less desirable around the time of renewal and then become progressively more attractive as lease ground rent payments often fall below surrounding market rentals.

"For example, until the recent review, ground rent had been around $150 per week for substantial Greenlane homes for the previous 21 years," Ayrton said.

Lillie had the option of not renewing his lease "or to surrender it during the lease term with the trust board's consent, but this is something we would always work with them to avoid."

Lillie bought the lease for $233,000 in 1991 and was surprised at the 825 per cent rise. "I didn't know it was going to go up this much".

His ad emphasised the positive: "In zone for Cornwall Park School and Remuera Intermediate, this is a great opportunity for those with a passion for lifestyle. This beautiful two-storey, 1940s, bungalow-style house is situated in one of Auckland's most prestigious streets. Excellent neighbourhood with a very short walk to Cornwall Park."

More than 14,000 page views drew not a single bidder in the sale, which closed on Wednesday.

....

娜娜路丫

那个，万一土地的主人死了呢？

kiwibom

娜娜路丫 发表于 2016-2-21 14:34
那个，万一土地的主人死了呢？

土地主人一般是trust，几百年都死不了的

MSSA

别说菜鸟了，老鸟也不敢碰这个吧。。。。。。

MSSA

这新闻我也看了，太牛逼了。一年9万多的地租。。。。。。

标题有点Misleading,这房子凭什么说值250万，如果是250万带地还差不多。。。。。。

皇家骑士

我在想，他们既然已经疯了，为啥不直接要价每年900万？

LLVV

MSSA 发表于 2016-2-21 13:54
别说菜鸟了，老鸟也不敢碰这个吧。。。。。。

呵呵，，可怕，，跳楼

Venox10111

嗯，我亲戚买过leasehold, 不过后来卖了，卖了1年多

NewLynnHse

MSSA 发表于 2016-2-21 14:54
别说菜鸟了，老鸟也不敢碰这个吧。。。。。。

听说有种老鸟专门买的leasehold，说是回报率高，我不知道是不是真的

NewLynnHse

皇家骑士 发表于 2016-2-21 14:57
我在想，他们既然已经疯了，为啥不直接要价每年900万？

能要900万的话，他们当然要啦。他们也要有根据的，要不那些“租客”跑了打起官司不就输定了吗？现在有理有据说的是根据市场波动涨的地租，他们基本是赢的，租客只能卖掉内裤了。。。哈哈

NewLynnHse

Venox10111 发表于 2016-2-21 15:58
嗯，我亲戚买过leasehold, 不过后来卖了，卖了1年多

还好卖出去了，现在要送都不知道能不能送出去

薄荷巧克力

别说菜鸟了。贴钱送我我都不要。
头都大。

蓝山小野猫商铺

NewLynnHse 发表于 2016-2-21 17:11
还好卖出去了，现在要送都不知道能不能送出去

送能免地租么？？？

要能。。。

我勉为其难接收一下呗。。。

NewLynnHse

蓝山小野猫商铺 发表于 2016-2-22 10:43
送能免地租么？？？

要能。。。

报导其实写得很清楚

Lillie bought the lease for $233,000

是买了lease，不是房子。。。。哈哈，送也是送lease

smallice

也要看lease的期长  wynyard quarter 那里在建的apartment 都是125年的lease 而且都是包括在purchase price里了  所以125年里就不用再每年付lease 了  不过125年后就不知道会咋样了  不过也活不到那么久  hohoho

大地的心

NewLynnHse 发表于 2016-2-21 16:56
能要900万的话，他们当然要啦。他们也要有根据的，要不那些“租客”跑了打起官司不就输定了吗？现在有理 ...

是的，他们是按照5%的房价收取的地租。所以有些leaseholder就直接跑路了。