In short
What a commercial valuation is
A commercial property valuation is an independent, legally recognised assessment of a commercial asset's market value, prepared by a registered valuer. It is income-led: net rent, lease terms, tenant quality and market capitalisation rates carry the analysis, cross-checked against comparable sales and, for larger assets, discounted cash flow.
We prepare reports for purchase and sale, mortgage security, rent reviews, SMSF compliance, financial reporting, insurance, partnership dissolution, development feasibility and litigation. Every report complies with Australian standards and is written for the accountant, lender or court that will read it.
Asset types
What we value
Value drivers
What sets a commercial figure
Two identical warehouses with different tenants are not worth the same. Income quality is usually the largest single variable.
Net income
Passing rent versus market rent, outgoings recovery and any incentives amortised over the term.
Lease covenants
Term remaining, options, review structure, WALE and the strength of the tenant's covenant.
Capitalisation rate
Derived from comparable investment sales and adjusted for risk, location and asset quality.
Location & access
Exposure, arterial access, hardstand, truck turning, parking ratio and precinct depth.
Zoning & highest use
City Plan zoning, overlays and whether a higher-value use is realistically achievable.
Building specification
Age, clearance height, floor loading, services, condition and capital expenditure due.
Land rate
Rate per square metre benchmarked against recent site sales in the same precinct.
Market conditions
Yield movement, vacancy, incentive levels and finance costs at the effective date.
Deliverable
What's in the report
Suitable for banks, accountants, auditors, legal proceedings and investment committees.
Property & measurements
Land and building areas, specification and improvement schedule.
Tenancy & income
Lease analysis, passing versus market rent, outgoings and WALE.
Highest & best use
Zoning, overlays and whether an alternative use is achievable.
Market evidence
Comparable investment and vacant possession sales, with yields analysed.
Risks & encumbrances
Easements, contamination indicators, capital expenditure and vacancy risk.
Methodology & value
Capitalisation and DCF workings, reconciled to a stated market value.
How much does a commercial valuation cost?
Fees typically start around $800 and rise with size and complexity. Multi-tenanted, high-value or development assets are quoted individually once we've reviewed the property and documentation. The fee is fixed before we start.
How long does it take?
Inspection can take a few hours. The full report generally takes 3 to 7 business days — the biggest variable is how quickly leases, outgoings and tenancy schedules are provided.
What documents do you need?
Leases and any variations, a tenancy schedule, outgoings statements, recent rent reviews, building plans, and details of capital works completed or committed. The more complete the pack, the tighter the figure.
Do you handle SMSF valuations?
Yes. We prepare annual market valuations of property held in self-managed super funds, written to satisfy auditor and ATO requirements.
Can I dispute a commercial valuation?
Yes. Request a reassessment, provide additional documentation such as updated leases or market data, or commission a second opinion from another registered valuer.
Negotiate, finance or divest with clarity
Send the address and the purpose. We'll tell you what documents we need and quote a fixed fee — confidentially.