How much is your office or work place worth? There are a variety of reasons one may need to find out the value of a commercial property, be it for reselling or deciding on a rate for rent. Valuing a commercial property isn’t as simple as for residential real estate. Besides market rates and particulars of the property itself, the potential income generated by it needs to be taken into account as well.
Romeo Property Valuers is staffed with a team of qualified and experienced property valuers who can advise you on not only the value of a commercial property, but also its income potential. Whether a single building or you have an extensive portfolio we are happy to help. We have experience providing valuations for Banks, government, both corporate and private investors.
Romeo Property Valuers is staffed with highly qualified Registered Property Valuers combining over 50 years of property valuation experience. We are experienced and have completed many deceased estate valuations in Sydney.
The Director, Vincent Romeo, sits on the Board the Australian Valuers Institute and acts as an advisor and mentor to many Registered property Valuers throughout NSW.
Romeo Property Valuers have acted for many Private, Corporate and Government clients in their tenure as one of the leading Valuation firms in NSW enabling Vincent Romeo an opportunity to offer his property valuation expertise on Channel 10’s popular lifestyle show “The Living Room”.
Other than being highly accredited as Registered Property Valuers throughout NSW we have an extensive range of knowledge and experience in the Property Analysing process and pride ourselves on delivering comprehensive property analysis and subsequently reliable and accurate property valuations. We are constantly observing and educating ourselves with the trends and changes in the market in order to make sure your property valuation is accurate, precise and reliable.
To make an informed property purchase or else in order to obtain solid returns on your home’s equity, you require accurate and realistic data. We strive to deliver market-leading strategic and innovative property advice using state-of-the-art valuation and information technology systems in order to enable you to make informed financial decisions
While it may not be the most direct source of influence, a tenant that leases the property for a longer term and is clearly doing well financially does improve valuation, as the property is demonstrably profitable to use.
Romeo Property Valuers is knowledgeable valuation processes for a large range of commercial properties. These include, but are not limited to:
The cap rate, or capitalisation rate, is a ratio based on the property’s value and operating income. The income cap rate is used to calculate value in one of many methods of valuating a commercial property.