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Commercial Property Valuation: 5 Reasons You Might Need One

By Jack Peterson

5 Reasons For Commercial Property Valuation

There are many occasions that call for a commercial property valuation. When such an occasion arises, you must have a trusted commercial valuer that you can depend on. Enter: us. We offer many different valuation services for commercial properties and for each service we prioritise the needs of our clients. We listen, and we tailor our valuation reports so that you have exactly what you need for your situation.

Our experienced valuers have worked with companies that vary greatly in size and industry. They examine a property’s many aspects that contribute to its value. This is combined with current market data to determine the true value of your commercial properties. This valuation is then formatted and customised according to the specific intended purpose of the report. This could be:

  • Building Insurance: This report is a calculation of the total cost of replacing a building if it is ever destroyed beyond repair. This includes costs from demolishing and site clearing to reconstruction and service or council fees.
  • Compensation: If your commercial property has lost value from an event outside of your control such as an accident, riot or another negative event, our valuers can help determine the amount of compensation you are owed.
  • Pre-Sale/Pre-Purchase Advice: Before buying or selling, a valuation report will serve as an aid for price negotiation. You are more likely to secure a fair price if you are well informed.
  • Property Settlement: A property valuation report must be provided and agreed upon while settling the property. This ensures that the settlement is fair for all involved parties. A valuer can also be called to serve as an expert witness of the property’s value.
  • Rent Review: As the market changes frequently, the rent of your property is subject to change along with it. An up-to-date and correct rent review ensures that the rent is set to the current value of the property.

Each of our commercial property valuers in Sydney have been in the industry for well over 20 years. Our valuations are reliable and efficient. If you ever need a valuation on your commercial property, keep us in mind.