Section A: Multiple Choice Questions MU (10 Marks) 20 0 1. You have an opportunity to purchase an industrial asset that has a passing base rental income of $545,000 p.a. Outgoing recoveries for the asset are $65,000 p.a. Signage income is $7000 p.a. Assume the following: a cap rate of 5.75%; vacancy factor of 1.5%; outgoings of $105,000 p.a., and a negative rental reversion of $65,500 (PV). Calculate the value of the asset. Is it: Section A: Multiple Choice Questions MU (10 Marks) 20 0 1. You have an opportunity to purchase an industrial asset that has a passing base rental income of $545,000 p.a. Outgoing recoveries for the asset are $65,000 p.a. Signage income is $7000 p.a. Assume the following: a cap rate of 5.75%; vacancy factor of 1.5%; outgoings of $105,000 p.a., and a negative rental reversion of $65,500 (PV). Calculate the value of the asset. Is it