Property Valuers face unique issues when assessing and measuring a property and conducting a formal valuation report. Valuers need to take into account a property’s physical aspects (such as size, structuring, fixtures and fittings), the land the property is on and the zoning of that land.

Madgwicks’ Property Partner Rohan Ingleton is an expert in the industry and Fellow of the Australian Property Institute, as well as a regular author and a presenter on topics that affect valuers for both retail and commercial property valuations.

Rohan releases a monthly Valuer and Retail Leases Update containing useful information on recent cases and industry changes and can be found here.

Our Experts

Thought Leadership & Past Experiences

Valuer and Retail Leases Update – Leases can no longer fall out of the operation of the Act

In brief You may recall in an update last year, I referred to a VCAT decision, which determined that a lease could cease to be governed by the Act during the term where occupancy costs (being rent and outgoings payable by the tenant under the lease) increased to more than $1 million. You will also […]
Read more

Valuer and Retail Leases Update – 2019 Final Wrap

A summary of the 2019 developments is as follows: January update: A landlord will be liable for air-conditioning if the lease specifies that air-conditioning is included in the premises. This means that a valuer will determine a rent based on premises being air-conditioned: Meadsview Pty Ltd v Fenton. February update: If customers cannot attend premises to […]
Read more

Valuer and Retail Leases Update – Farm leases excluded from the Act

In brief A  Determination has been made so that farm leases will be excluded from the operation of the Retail Leases Act 2003 (Vic) from 29 October 2019. What you need to know Where you are advising a landlord, if the lease is of agricultural land, it is important that the use is drafted appropriately so […]
Read more