When a commercial, industrial, or retail property is rented, leases stipulate certain periods where reviews of the annual rent paid are to occur. This is to ensure the ongoing fair market rent is paid for the property in the most unbiased and transparent way possible.
Melbourne Property Valuers Metro is highly regarded in the property valuation industry. For many years now we have been top of our game and one of the many property valuation services we provide is rental determinations and rent reviews. Our commercial property valuers Melbourne assess certain aspects of the property and analyse them against other recently negotiated and comparable leases in the area. Such aspects can include and are assisted by:
- The location of the property – we have vast area knowledge of the Melbourne metropolitan area
- The size of the property – to work out a $ per square metre rate
- The interior fixtures and features as well as condition of the property
- Scientific methods are then used to calculate fair market rent for the property in question
- We have specialised residential and commercial property valuers Melbourne dedicated to this area of property valuation
- We offer our service for both commercial and residential properties
- No job is too big or too small – we service single clients as well as large whole-building reviews in multi-storey properties
- We take an unbiased approach to these property valuations – the result will be fair according to market evidence that benefits both parties
If you have a need for determining the fair market rent of a property, be it residential or commercial, single property or large scale development, look no further than Melbourne Property Valuers Metro. To speak to commercial property valuers Melbourne or to request a free quote, please contact us today on (03) 9021 2007 or fill out an online enquiry form. We won’t be beaten on price or service!