If you run a medical centre, or you’re thinking about buying one, you’ve probably noticed that its value doesn’t come down to one number. A GP’s three-room suite in a strata office building might have a fit-out worth a fair…
If you sit on an owners corporation committee, manage a strata scheme, or are working through an insurance or capital works question, you’ve probably wondered whether a valuer really needs to walk the site. It’s a fair question. Inspections take…
If you own, are buying, or are lending against a medical centre, one of the first questions a valuer will ask isn’t about the fit-out or the location — it’s “how long is left on the lease?” For a medical…
Summary Property valuations and real estate appraisals are often treated as interchangeable terms, but they serve completely different legal and financial purposes in Australia. A real estate appraisal is an informal, fee-free estimate of market value provided by a selling…
Common property sits at the heart of many strata disputes, whether the disagreement involves damage to a shared area, an owners corporation’s capital works planning, or how a shared facility should be assessed for insurance or compensation purposes. Because common…
Medical centres occupy a distinct place in the commercial property landscape, sitting somewhere between a standard retail premises and a specialised healthcare asset. They generate income through consulting rooms, allied health tenancies, and often a mix of general practice and…
What is the actual strata insurance valuation cost in Australia? This is one of the most practical questions a strata committee or strata manager can ask, and yet finding a straightforward answer online is surprisingly difficult. Most providers list no…
Building reinstatement valuation is a term that appears regularly in strata insurance discussions, yet it is frequently misunderstood by the very people who need to act on it. Owners corporations, strata managers, and building committees often treat reinstatement cost and…
If you manage or own a lot in a strata scheme, you have probably seen the term strata insurance valuation on an agenda or in a levy notice without a clear explanation of what it actually means. Most people assume…
