The business is looking to move to a larger office as you have hired some new...

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The business is looking to move to a larger office as you have hired some new employees and you need more space. You have spoken with a real estate agent who has provided some rental options. Office 1 Office 2 Rent: $1850 per week Rent: $7900 per month Available to buy for $1 200 000 Available to buy for $1 170 000 3 large offices that can cater for 1 shared working space, 2 board multiple staff, 1 board room and 6 rooms, large balcony from undercover parking spaces available kitchen, 5 car spaces and good storage. a. Evaluate the 3 options and comment on the rental that is the best deal. Office 3 Rent: $94200 per annum Available to buy for $1234 000 4 car spaces and a small carpark for customer parking, 1 board room, courtyard, 2 offices and 1 open plan working space b. To secure the rental that is the best deal, 10% of the yearly rental price (known as the 'bond') needs to be paid up front. Calculate the amount of bond that you will need to pay upfront. The business is looking to move to a larger office as you have hired some new employees and you need more space. You have spoken with a real estate agent who has provided some rental options. Office 1 Office 2 Rent: $1850 per week Rent: $7900 per month Available to buy for $1 200 000 Available to buy for $1 170 000 3 large offices that can cater for 1 shared working space, 2 board multiple staff, 1 board room and 6 rooms, large balcony from undercover parking spaces available kitchen, 5 car spaces and good storage. a. Evaluate the 3 options and comment on the rental that is the best deal. Office 3 Rent: $94200 per annum Available to buy for $1234 000 4 car spaces and a small carpark for customer parking, 1 board room, courtyard, 2 offices and 1 open plan working space b. To secure the rental that is the best deal, 10% of the yearly rental price (known as the 'bond') needs to be paid up front. Calculate the amount of bond that you will need to pay upfront.

Answer rating: 100% (QA)

a To evaluate the three options lets compare the rental prices and the available features Office 1 R... View the full answer