You are right, Thomas, I am kind of new to investment and do not have a lot of experience here...when I do the tax assessment, we use 75%~25% for building and land, but in this case of +100 years old, I am not sure about it... I will try to look at the tax assessment if the seller is willing to...

I don't know the lot worth, how could I find out? it is detached house, 40X70 size, close to CBD, D-5 zoing

what are your experiences with +100 years old house? I am looking to buy one recently, but bit nervous with the Older house down the road the maintenance and repair expenses, also appreciation and easy to sell or not for future(5~10 years)...our strategy is to buy and hold/rent out and for 5~10...