Zalvane leases furnished offices. The appraiser values the whole at 6,300,000, furniture included, because the rents pay for the furnished space. The furniture accounts for 95,000 of that value (case data). What amount does it present for the investment property, without recognising the furniture as a separate asset?
- Appraisal value (furniture included)
- 6,300,000
- Of which furniture included in the appraisal value
- 95,000