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Commercial Valuation

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Commercial Rental Reviews Sydney

Feel like you are paying too much for your office? For commercial leases, rent reviews are usually conducted once a year on renewal of the lease, which is when rent may potentially rise. Conflict of interest between the landlord and tenant means that there may be disagreements when determining the rate going forward. At this juncture, it is best to introduce a third party.

By calling Romeo Property Valuers, an impartial review can be conducted by one of our expert property valuers. Our staff can handle Fixed Percentage Increase Reviews, CPI Rent Reviews,  Market Reviews and other methods, facilitating negotiations between the two parties to reach a mutual agreement.

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Commercial Rental Reviews Sydney

Why Romeo Property Valuers?

Accreditations for Commercial Rental Reviews Sydney
Market Leading Strategic Valuations for Commercial Rental Reviews Sydney
Comprehensive Property Analysis for Commercial Rental Reviews Sydney
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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.

Commercial Rental Reviews FAQ

The common ways to conduct rental reviews are:

  • Market review – examining rent value of similar properties on the market and comparing it to the property in question
  • Consumer Price Index (CPI) review – scales rent up or down based on the trajectory of CPI
  • Fixed percentage increase review – Increases rent by a set percentage written in the lease at determined intervals

Our qualified team is also experienced in other types of rental reviews and practices. Call Romeo Property Valuers to ask more.

If negotiations between the two parties break down, there may be a need for a Commercial Rental Determination. This is where an independent valuation will be beneficial

A rent review is simply a periodic re-evaluation of the amount of rent being charged. This can be done for a variety of reasons, including market conditions or changes in the property itself. In most cases, the landlord and tenant will agree on a fair rent amount based on recent comparable rentals in the area. However, if they can’t come to an agreement, they may need to involve a third party, such as an independent appraiser, to determine the new rent amount.