And then about $52,500 next year and about $55,125 the year after and so on for the next 10 to 25 years or more. I know it's a bit of a strange one, but I see some great additional opportunities coming from this very unique offering of this 15,000 m2 property with its only improvement being a communication tower that is leased to huge corporate entities on very long term commercial lease arrangements that not only show a very healthy return of about $50,000 for the first current year, but include C.P.I. and / or 5% annual increases with leases that expire in 2019 with a 10 year option; 2022 and 2035. The leases are just for the land that the tower sits on, the balance which would account for most of the land anyway, may lend itself to some sought of future subdivision or perhaps you may choose to build a dwelling to live in or rent out when the services become available to further enhance your return from this great opportunity.
'I did say it was a little different.' (Picture is not the actual property)