Consider the following statements in context of IAS 40 Investment property:

1. Investment property includes plant and machinery from which rental income is earned or which is held for capital appreciation.

2. Land held for undetermined use would qualify as investment property.

3. Buildings owned and leased to a third party under a finance lease would qualify as investment property.

4. Property occupied by employees who pay rent at market rates would qualify as investment property.

(Choose one correct option only)